Deposit money banks'' assets to GDP in Jamaica
Jamaica: Deposit money banks'' assets to GDP was 71.5% in 2021. ▲ Rising
Deposit money banks'' assets to GDP in Jamaica, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit money banks'' assets to gdp in Jamaica is 71.5%, measured in 2021. That is the highest value across all 62 years on record.
That represents a change of up 4.3% on the previous year and up 71.3% over ten years.
Over the whole period, deposit money banks'' assets to gdp in Jamaica peaked at 71.5% in 2021 and was at its lowest, 16.7%, in 1961.
That places Jamaica 75th out of 187 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 62 years of available data.
Deposit money banks'' assets to GDP in Jamaica, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 17.0% | — |
| 1961 | 16.7% | -2.2% |
| 1962 | 18.1% | +8.5% |
| 1963 | 17.0% | -6.0% |
| 1964 | 20.0% | +17.9% |
| 1965 | 21.6% | +8.1% |
| 1966 | 20.6% | -4.9% |
| 1967 | 21.6% | +4.7% |
| 1968 | 24.7% | +14.7% |
| 1969 | 29.6% | +19.6% |
| 1970 | 29.3% | -1.1% |
| 1971 | 31.4% | +7.2% |
| 1972 | 34.4% | +9.7% |
| 1973 | 38.0% | +10.3% |
| 1974 | 36.0% | -5.1% |
| 1975 | 34.9% | -3.3% |
| 1976 | 34.5% | -1.1% |
| 1977 | 35.3% | +2.3% |
| 1978 | 32.8% | -6.9% |
| 1979 | 33.3% | +1.3% |
| 1980 | 33.0% | -0.9% |
| 1981 | 41.0% | +24.4% |
| 1982 | 49.3% | +20.2% |
| 1983 | 50.5% | +2.3% |
| 1984 | 41.2% | -18.3% |
| 1985 | 39.8% | -3.6% |
| 1986 | 38.6% | -2.8% |
| 1987 | 41.8% | +8.1% |
| 1988 | 44.1% | +5.5% |
| 1989 | 43.1% | -2.1% |
| 1990 | 38.2% | -11.4% |
| 1991 | 34.0% | -11.0% |
| 1992 | 35.4% | +4.2% |
| 1993 | 28.3% | -20.0% |
| 1994 | 31.8% | +12.3% |
| 1995 | 30.6% | -3.8% |
| 1996 | 31.7% | +3.5% |
| 1997 | 31.0% | -2.2% |
| 1998 | 34.1% | +10.2% |
| 1999 | 36.3% | +6.2% |
| 2000 | 38.6% | +6.5% |
| 2001 | 41.6% | +7.6% |
| 2002 | 42.0% | +1.1% |
| 2003 | 45.5% | +8.3% |
| 2004 | 42.1% | -7.4% |
| 2005 | 42.7% | +1.3% |
| 2006 | 43.1% | +0.9% |
| 2007 | 46.3% | +7.6% |
| 2008 | 46.9% | +1.2% |
| 2009 | 45.9% | -2.2% |
| 2010 | 42.3% | -7.8% |
| 2011 | 41.7% | -1.4% |
| 2012 | 44.9% | +7.6% |
| 2013 | 44.0% | -1.9% |
| 2014 | 41.4% | -6.1% |
| 2015 | 42.0% | +1.6% |
| 2016 | 44.5% | +5.8% |
| 2017 | 52.1% | +17.0% |
| 2018 | 54.1% | +3.8% |
| 2019 | 58.3% | +7.9% |
| 2020 | 68.5% | +17.5% |
| 2021 | 71.5% | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 20.7% | 16.7% | 29.6% | 10 |
| 1970s | 34.0% | 29.3% | 38.0% | 10 |
| 1980s | 42.2% | 33.0% | 50.5% | 10 |
| 1990s | 33.2% | 28.3% | 38.2% | 10 |
| 2000s | 43.5% | 38.6% | 46.9% | 10 |
| 2010s | 46.5% | 41.4% | 58.3% | 10 |
| 2020s | 70.0% | 68.5% | 71.5% | 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 deposit money banks'' assets to gdp in Jamaica?
- Deposit money banks'' assets to gdp in Jamaica was 71.5% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest deposit money banks'' assets to gdp recorded in Jamaica?
- The highest recorded value was 71.5% in 2021.
- What is the lowest deposit money banks'' assets to gdp recorded in Jamaica?
- The lowest recorded value was 16.7% in 1961.
- How does Jamaica rank for deposit money banks'' assets to gdp?
- Jamaica ranks 75th out of 187 countries with data for 2021.
- Is deposit money banks'' assets to gdp rising or falling in Jamaica?
- Over the last ten years it is up 71.3%. 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 Deposit money banks'' assets to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Claims on domestic real nonfinancial sector by deposit money banks as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is deposit money bank claims, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Deposit money bank assets (IFS lines 22, a-d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).