Consolidated foreign claims of BIS reporting banks to GDP in Jamaica
Jamaica: Consolidated foreign claims of BIS reporting banks to GDP was 33.9% in 2020. ▲ Rising
Consolidated foreign claims of BIS reporting banks to GDP in Jamaica, 1983–2020
Source: Consolidated banking statistics, Bank for International Settlements (BIS). Measured in %.
Analysis
In 2020, consolidated foreign claims of bis reporting banks to gdp in Jamaica stood at 33.9%.
Compared with earlier readings it is up 12.3% on the previous year and down 29.8% over ten years.
Over the whole period, consolidated foreign claims of bis reporting banks to gdp in Jamaica peaked at 50.9% in 2009 and was at its lowest, 16.7%, in 1993.
That places Jamaica 70th out of 182 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 38 years of available data.
Consolidated foreign claims of BIS reporting banks to GDP in Jamaica, year by year
| Year | % | Change |
|---|---|---|
| 1983 | 30.3% | — |
| 1984 | 42.9% | +41.5% |
| 1985 | 46.3% | +7.9% |
| 1986 | 36.7% | -20.8% |
| 1987 | 33.3% | -9.3% |
| 1988 | 35.0% | +5.3% |
| 1989 | 28.9% | -17.3% |
| 1990 | 26.0% | -10.2% |
| 1991 | 20.2% | -22.4% |
| 1992 | 27.0% | +34.0% |
| 1993 | 16.7% | -38.0% |
| 1994 | 25.6% | +52.8% |
| 1995 | 22.2% | -13.3% |
| 1996 | 26.7% | +20.2% |
| 1997 | 28.7% | +7.6% |
| 1998 | 29.9% | +4.0% |
| 1999 | 33.8% | +13.3% |
| 2000 | 36.3% | +7.3% |
| 2001 | 38.9% | +7.3% |
| 2002 | 32.4% | -16.6% |
| 2003 | 33.5% | +3.2% |
| 2004 | 34.1% | +2.0% |
| 2005 | 30.5% | -10.7% |
| 2006 | 39.8% | +30.8% |
| 2007 | 45.6% | +14.5% |
| 2008 | 48.4% | +6.1% |
| 2009 | 50.9% | +5.1% |
| 2010 | 48.3% | -5.0% |
| 2011 | 46.2% | -4.4% |
| 2012 | 42.1% | -8.9% |
| 2013 | 41.2% | -2.2% |
| 2014 | 38.9% | -5.6% |
| 2015 | 37.8% | -2.7% |
| 2016 | 33.3% | -12.1% |
| 2017 | 30.6% | -8.0% |
| 2018 | 29.3% | -4.3% |
| 2019 | 30.2% | +3.1% |
| 2020 | 33.9% | +12.3% |
Jamaica compared with similar countries
- Jamaica's 33.9% is above the median for upper middle income countries, which is 17.1%, 2.0× the median. (54 countries reporting)
- Jamaica's 33.9% is above the median for Latin America & Caribbean, which is 21.4%, 1.6× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 36.2% | 28.9% | 46.3% | 7 |
| 1990s | 25.7% | 16.7% | 33.8% | 10 |
| 2000s | 39.0% | 30.5% | 50.9% | 10 |
| 2010s | 37.8% | 29.3% | 48.3% | 10 |
| 2020s | 33.9% | 33.9% | 33.9% | 1 |
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 consolidated foreign claims of bis reporting banks to gdp in Jamaica?
- Consolidated foreign claims of bis reporting banks to gdp in Jamaica was 33.9% in 2020, according to Consolidated banking statistics, Bank for International Settlements (BIS).
- What is the highest consolidated foreign claims of bis reporting banks to gdp recorded in Jamaica?
- The highest recorded value was 50.9% in 2009.
- What is the lowest consolidated foreign claims of bis reporting banks to gdp recorded in Jamaica?
- The lowest recorded value was 16.7% in 1993.
- How does Jamaica rank for consolidated foreign claims of bis reporting banks to gdp?
- Jamaica ranks 70th out of 182 countries with data for 2020.
- Is consolidated foreign claims of bis reporting banks to gdp rising or falling in Jamaica?
- Over the last ten years it is down 29.8%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from Consolidated banking statistics, Bank for International Settlements (BIS), published as part of Consolidated foreign claims of BIS reporting banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
The ratio of consolidated foreign claims to GDP of the banks that are reporting to BIS. Foreign claims are defined as the sum of cross-border claims plus foreign offices’ local claims in all currencies. In the consolidated banking statistics claims that are granted or extended to nonresidents are referred to as either cross-border claims. In the context of the consolidated banking statistics, local claims refer to claims of domestic banks’ foreign affiliates (branches/subsidiaries) on the residents of the host country (i.e. country of residence of affiliates). Items (A+L from BIS Table 9A). End-of-year data (i.e. December data) are considered for banks claims. GDP is from World Development Indicators.