Bank cost to income ratio (%) in Jamaica
Jamaica: Bank cost to income ratio (%) was 67.3% in 2021. ▲ Rising
Bank cost to income ratio in Jamaica, 2002–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank cost to income ratio in Jamaica stood at 67.3%.
That represents a change of down 1.7% on the previous year and up 35.0% over ten years.
Over the whole period, bank cost to income ratio in Jamaica peaked at 75.4% in 2013 and was at its lowest, 49.8%, in 2011.
Jamaica ranks 27th of 169 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Bank cost to income ratio (%) in Jamaica, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 62.2% | — |
| 2003 | 59.9% | -3.6% |
| 2004 | 62.0% | +3.4% |
| 2005 | 61.2% | -1.2% |
| 2006 | 59.1% | -3.5% |
| 2007 | 58.2% | -1.5% |
| 2008 | 53.3% | -8.5% |
| 2009 | 54.4% | +2.1% |
| 2010 | 59.8% | +9.9% |
| 2011 | 49.8% | -16.7% |
| 2012 | 70.2% | +40.9% |
| 2013 | 75.4% | +7.4% |
| 2014 | 67.3% | -10.7% |
| 2015 | 71.3% | +5.9% |
| 2016 | 68.7% | -3.7% |
| 2017 | 69.2% | +0.8% |
| 2018 | 68.1% | -1.6% |
| 2019 | 67.6% | -0.7% |
| 2020 | 68.4% | +1.2% |
| 2021 | 67.3% | -1.7% |
Jamaica compared with similar countries
- Jamaica's 67.3% is above the median for upper middle income countries, which is 54.3%, 1.2× the median. (48 countries reporting)
- Jamaica's 67.3% is above the median for Latin America & Caribbean, which is 56.8%, 1.2× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Bank cost to income ratio (%) in Jamaica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +40.9% | 49.8% | 70.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 58.8% | 53.3% | 62.2% | 8 |
| 2010s | 66.7% | 49.8% | 75.4% | 10 |
| 2020s | 67.9% | 67.3% | 68.4% | 2 |
Countries ranked near Jamaica
More financial sector data for Jamaica
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 13.2 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0012 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 9.64 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0016 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 13.2 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is bank cost to income ratio in Jamaica?
- Bank cost to income ratio in Jamaica was 67.3% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank cost to income ratio recorded in Jamaica?
- The highest recorded value was 75.4% in 2013.
- What is the lowest bank cost to income ratio recorded in Jamaica?
- The lowest recorded value was 49.8% in 2011.
- How does Jamaica rank for bank cost to income ratio?
- Jamaica ranks 27th out of 169 countries with data for 2021.
- Is bank cost to income ratio rising or falling in Jamaica?
- Over the last ten years it is up 35.0%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank cost to income ratio (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2090 / (data2080 + data2085). All Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.