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Interest Rate on Bank Deposits (Local Currency) in Jamaica

Source: National Central Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 5.01% in third quarter of 2015 in Jamaica, according to the National Central Bank. This is 2.20% more than in the previous quarter.

Historically, interest rate on bank deposits in Jamaica reached an all time high of 40.4% in 2Q1994 and an all time low of 2.85% in 2Q2013.

Jamaica has been ranked 34th within the group of 102 countries we follow in terms of interest rate on bank deposits.

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