Bank lending-deposit spread in Jamaica

Jamaica: Bank lending-deposit spread was 9.6 in 2020. ▲ Rising

Latest (2020)
9.6
Change on year
down 8.1%
World rank
22nd
of 124 countries
All-time high
20.27
in 1995
All-time low
2.6
in 1984
Years of data
41
1980–2020

Bank lending-deposit spread in Jamaica, 1980–2020

51015201980200020201980: 6.11981: 5.51982: 5.71983: 3.31984: 2.61985: 5.31986: 8.51987: 9.71988: 9.31989: 9.21990: 6.51991: 6.71992: 111993: 161994: 12.91995: 20.31996: 14.71997: 191998: 15.21999: 12.92000: 8.72001: 7.32002: 72003: 7.12004: 7.42005: 7.52006: 8.42007: 8.32008: 7.72009: 6.82010: 142011: 15.22012: 13.92013: 142014: 12.72015: 13.12016: 12.92017: 11.22018: 11.12019: 10.42020: 9.6

Source: International Financial Statistics (IFS), International Monetary Fund (IMF).

Analysis

Jamaica recorded 9.6 for bank lending-deposit spread in 2020.

Compared with earlier readings it is down 8.1% on the previous year and down 31.5% over ten years.

Over the whole period, bank lending-deposit spread in Jamaica peaked at 20.27 in 1995 and was at its lowest, 2.6, in 1984.

Jamaica ranks 22nd of 124 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 41 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 6.51 2.6 9.74 10
1990s 13.52 6.52 20.27 10
2000s 7.62 6.76 8.69 10
2010s 12.86 10.45 15.23 10
2020s 9.6 9.6 9.6 1

Countries ranked near Jamaica

  1. 19 Mozambique 10.28 compare
  2. 20 Solomon Islands 10.19 compare
  3. 21 Tanzania 10 compare
  4. 23 Nicaragua 9.03 compare
  5. 24 Myanmar 9 compare
  6. 25 Nigeria 9 compare

See the full ranking of 124 places →

More financial sector data for Jamaica

All data for Jamaica →

Frequently asked questions

What is bank lending-deposit spread in Jamaica?
Bank lending-deposit spread in Jamaica was 9.6 in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest bank lending-deposit spread recorded in Jamaica?
The highest recorded value was 20.27 in 1995.
What is the lowest bank lending-deposit spread recorded in Jamaica?
The lowest recorded value was 2.6 in 1984.
How does Jamaica rank for bank lending-deposit spread?
Jamaica ranks 22nd out of 124 countries with data for 2020.
Is bank lending-deposit spread rising or falling in Jamaica?
Over the last ten years it is down 31.5%. The long-run trend across the full record is rising.
Where does this Jamaica data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank lending-deposit spread. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 41 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Bank lending-deposit spread
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
124 places, 3,456 data points, 1980–2020
Last refreshed

Raw data are from the electronic version of the IMF’s International Financial Statistics. Difference between lending rate and deposit rate. Lending rate is the rate charged by banks on loans to the private sector and deposit interest rate is the rate offered by commercial banks on three-month deposits. IFS line 60P - line 60L.