Broad Money, M5 in Jamaica
Jamaica: Broad Money, M5 was 1.62 trillion Domestic currency in 2024. ▲ Rising
Broad Money, M5 in Jamaica, 2002–2024
Source: International Monetary Fund. Measured in Domestic currency.
Analysis
In 2024, broad money, m5 in Jamaica stood at 1.62 trillion Domestic currency. That is the highest value across all 22 years on record.
That represents a change of up 7.1% on the previous year and up 85.7% over ten years.
Over the whole period, broad money, m5 in Jamaica peaked at 1.62 trillion Domestic currency in 2024 and was at its lowest, 320.95 billion Domestic currency, in 2002.
Jamaica ranks 43rd of 74 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Broad Money, M5 in Jamaica, year by year
| Year | Domestic currency | Change |
|---|---|---|
| 2002 | 320.95 billion Domestic currency | — |
| 2003 | 335.07 billion Domestic currency | +4.4% |
| 2004 | 400.45 billion Domestic currency | +19.5% |
| 2005 | 439.04 billion Domestic currency | +9.6% |
| 2006 | 483.08 billion Domestic currency | +10.0% |
| 2007 | 485.36 billion Domestic currency | +0.5% |
| 2008 | 530.79 billion Domestic currency | +9.4% |
| 2009 | 553.24 billion Domestic currency | +4.2% |
| 2010 | 600.26 billion Domestic currency | +8.5% |
| 2011 | 631.26 billion Domestic currency | +5.2% |
| 2012 | 605.29 billion Domestic currency | -4.1% |
| 2013 | 712.93 billion Domestic currency | +17.8% |
| 2014 | 872.43 billion Domestic currency | +22.4% |
| 2015 | 1.01 trillion Domestic currency | +15.6% |
| 2017 | 718.53 billion Domestic currency | -28.8% |
| 2018 | 818.75 billion Domestic currency | +13.9% |
| 2019 | 941.25 billion Domestic currency | +15.0% |
| 2020 | 1.09 trillion Domestic currency | +16.1% |
| 2021 | 1.28 trillion Domestic currency | +16.8% |
| 2022 | 1.37 trillion Domestic currency | +7.3% |
| 2023 | 1.51 trillion Domestic currency | +10.5% |
| 2024 | 1.62 trillion Domestic currency | +7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 443.50 billion Domestic currency | 320.95 billion Domestic currency | 553.24 billion Domestic currency | 8 |
| 2010s | 767.70 billion Domestic currency | 600.26 billion Domestic currency | 1.01 trillion Domestic currency | 9 |
| 2020s | 1.37 trillion Domestic currency | 1.09 trillion Domestic currency | 1.62 trillion Domestic currency | 5 |
Countries ranked near Jamaica
- 40 Israel 2.19 trillion Domestic currency compare
- 41 Niger 2.18 trillion Domestic currency compare
- 42 Syria 1.88 trillion Domestic currency compare
- 44 Mauritius 1.06 trillion Domestic currency compare
- 45 Equatorial Guinea 1.04 trillion Domestic currency compare
- 46 Macao 841.15 billion Domestic currency compare
More financial sector data for Jamaica
- Net domestic credit (current LCU), per capita 711,957 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 88.96 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 3.29 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 4.42 billion SDR (2025)
- Reserves excluding gold 4.60 billion SDR (2025)
- Total reserves (gold at market value) 4.60 billion SDR (2025)
- Total reserves (gold at national valuation) 4.60 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,622 SDR per person (2025)
Frequently asked questions
- What is broad money, m5 in Jamaica?
- Broad money, m5 in Jamaica was 1.62 trillion Domestic currency in 2024, according to International Monetary Fund.
- What is the highest broad money, m5 recorded in Jamaica?
- The highest recorded value was 1.62 trillion Domestic currency in 2024.
- What is the lowest broad money, m5 recorded in Jamaica?
- The lowest recorded value was 320.95 billion Domestic currency in 2002.
- How does Jamaica rank for broad money, m5?
- Jamaica ranks 43rd out of 74 countries with data for 2024.
- Is broad money, m5 rising or falling in Jamaica?
- Over the last ten years it is up 85.7%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from International Monetary Fund, published as part of Broad Money, M5 (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Monetary Aggregates dataset presents monetary aggregates based on standardized SRF data, while also reflecting country-specific components aligned with national definitions.