Domestic credit to private sector in Jamaica
Jamaica: Domestic credit to private sector was 45.9% in 2025. ▲ Rising
Domestic credit to private sector in Jamaica, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Jamaica recorded 45.9% for domestic credit to private sector in 2025.
Compared with earlier readings it is up 1.7% on the previous year and up 61.1% over ten years.
Over the whole period, domestic credit to private sector in Jamaica peaked at 52.4% in 2020 and was at its lowest, 13.0%, in 2001.
Jamaica ranks 86th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Domestic credit to private sector in Jamaica, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 15.7% | — |
| 1961 | 16.3% | +3.6% |
| 1962 | 14.9% | -8.3% |
| 1963 | 13.0% | -13.1% |
| 1964 | 16.3% | +25.3% |
| 1965 | 18.3% | +12.5% |
| 1966 | 17.3% | -5.7% |
| 1967 | 17.6% | +1.9% |
| 1968 | 19.2% | +9.2% |
| 1969 | 24.7% | +28.6% |
| 1970 | 23.9% | -3.4% |
| 1971 | 25.4% | +6.4% |
| 1972 | 28.9% | +13.8% |
| 1973 | 31.6% | +9.2% |
| 1974 | 30.9% | -2.3% |
| 1975 | 28.9% | -6.2% |
| 1976 | 27.5% | -4.9% |
| 1977 | 22.2% | -19.3% |
| 1978 | 20.6% | -7.1% |
| 1979 | 21.0% | +1.7% |
| 1980 | 21.9% | +4.3% |
| 1981 | 25.6% | +16.7% |
| 1982 | 31.5% | +23.3% |
| 1983 | 33.7% | +7.1% |
| 1984 | 29.1% | -13.7% |
| 1985 | 25.4% | -12.9% |
| 1986 | 24.2% | -4.6% |
| 1987 | 28.1% | +16.0% |
| 1988 | 31.8% | +13.1% |
| 1989 | 35.6% | +12.2% |
| 1990 | 31.6% | -11.4% |
| 1991 | 28.9% | -8.5% |
| 1992 | 23.2% | -19.7% |
| 1993 | 20.9% | -10.0% |
| 1994 | 19.6% | -6.1% |
| 1995 | 21.3% | +9.0% |
| 1996 | 19.9% | -6.7% |
| 1997 | 18.5% | -7.2% |
| 1998 | 23.4% | +26.6% |
| 1999 | 23.9% | +2.1% |
| 2000 | 25.6% | +7.2% |
| 2001 | 13.0% | -49.3% |
| 2002 | 14.7% | +13.7% |
| 2003 | 18.4% | +24.6% |
| 2004 | 20.0% | +9.0% |
| 2005 | 21.0% | +4.9% |
| 2006 | 23.4% | +11.7% |
| 2007 | 27.3% | +16.5% |
| 2008 | 30.2% | +10.6% |
| 2009 | 28.6% | -5.3% |
| 2010 | 26.4% | -7.7% |
| 2011 | 26.8% | +1.5% |
| 2012 | 29.0% | +8.2% |
| 2013 | 29.8% | +2.7% |
| 2014 | 29.3% | -1.5% |
| 2015 | 28.5% | -2.9% |
| 2016 | 30.3% | +6.2% |
| 2017 | 38.2% | +26.4% |
| 2018 | 40.3% | +5.3% |
| 2019 | 44.9% | +11.5% |
| 2020 | 52.4% | +16.6% |
| 2021 | 50.0% | -4.5% |
| 2022 | 46.2% | -7.7% |
| 2023 | 44.6% | -3.5% |
| 2024 | 45.1% | +1.3% |
| 2025 | 45.9% | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.3% | 13.0% | 24.7% | 10 |
| 1970s | 26.1% | 20.6% | 31.6% | 10 |
| 1980s | 28.7% | 21.9% | 35.6% | 10 |
| 1990s | 23.1% | 18.5% | 31.6% | 10 |
| 2000s | 22.2% | 13.0% | 30.2% | 10 |
| 2010s | 32.3% | 26.4% | 44.9% | 10 |
| 2020s | 47.4% | 44.6% | 52.4% | 6 |
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 domestic credit to private sector in Jamaica?
- Domestic credit to private sector in Jamaica was 45.9% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector recorded in Jamaica?
- The highest recorded value was 52.4% in 2020.
- What is the lowest domestic credit to private sector recorded in Jamaica?
- The lowest recorded value was 13.0% in 2001.
- How does Jamaica rank for domestic credit to private sector?
- Jamaica ranks 86th out of 187 countries with data for 2025.
- Is domestic credit to private sector rising or falling in Jamaica?
- Over the last ten years it is up 61.1%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.