Jamaica vs Paraguay: Lending interest rate
Jamaica
12.1%
in 2025
Paraguay
12.5%
in 2021
Jamaica rank
49th
Paraguay rank
46th
Lending interest rate over time
- Jamaica
- Paraguay
How they compare
Paraguay currently reports 12.5% against 12.1% in Jamaica, a difference of 0.4%.
The two have swapped places 3 times across 28 shared years of data; in 1994 it was Jamaica ahead.
Jamaica ranks 49th and Paraguay ranks 46th of 148 countries.
Across the 4 decades both report, Jamaica averaged higher in 1 and Paraguay in 3.
Head to head by decade
| Decade | Jamaica | Paraguay | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 37.4% | 36.6% | 0.8% | Jamaica |
| 2000s | 18.5% | 36.6% | 18.1% | Paraguay |
| 2010s | 16.8% | 19.1% | 2.3% | Paraguay |
| 2020s | 11.8% | 13.0% | 1.2% | Paraguay |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher lending interest rate, Jamaica or Paraguay?
- Paraguay, at 12.5% against 12.1% in Jamaica as of 2021.
- What is the difference in lending interest rate between Jamaica and Paraguay?
- 0.4%, with Paraguay ahead.
- How many years of comparable data are there for Jamaica and Paraguay?
- 28 years are reported by both, from 1994 to 2021.
- How do Jamaica and Paraguay rank globally for lending interest rate?
- Jamaica ranks 49th and Paraguay ranks 46th of 148 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Lending interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.