Bank net interest margin in Jamaica
Jamaica: Bank net interest margin was 3.7% in 2021. ▼ Falling
Bank net interest margin in Jamaica, 2003–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
The most recent figure for bank net interest margin in Jamaica is 3.7%, measured in 2021. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 19.2% on the previous year and down 68.4% over ten years.
Over the whole period, bank net interest margin in Jamaica peaked at 11.8% in 2011 and was at its lowest, 3.7%, in 2021.
Jamaica ranks 62nd of 165 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.6% | 6.5% | 8.8% | 7 |
| 2010s | 6.8% | 5.1% | 11.8% | 10 |
| 2020s | 4.2% | 3.7% | 4.6% | 2 |
Countries ranked near Jamaica
More financial sector data for Jamaica
- Domestic credit to private sector by banks 45.7% (2025)
- Total reserves in months of imports 6.47 (2024)
- Net domestic credit 2.02 trillion current LCU (2025)
- Net foreign assets 1.11 trillion current LCU (2025)
- Monetary Sector credit to private sector 45.9% (2025)
- Broad money 65.8% (2025)
- Claims on central government, etc. 7.9% (2025)
- Domestic credit to private sector 45.9% (2025)
- Official exchange rate 159.1 LCU per US$, period average (2025)
- Net migration -11,053 (2025)
Frequently asked questions
- What is bank net interest margin in Jamaica?
- Bank net interest margin in Jamaica was 3.7% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank net interest margin recorded in Jamaica?
- The highest recorded value was 11.8% in 2011.
- What is the lowest bank net interest margin recorded in Jamaica?
- The lowest recorded value was 3.7% in 2021.
- How does Jamaica rank for bank net interest margin?
- Jamaica ranks 62nd out of 165 countries with data for 2021.
- Is bank net interest margin rising or falling in Jamaica?
- Over the last ten years it is down 68.4%. The long-run trend across the full record is falling.
- Where does this Jamaica data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank net interest margin (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from Bankscope. Data2080[t] / ((data2010[t] + data2010[t-1])/2). Numerator and denominator are 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.