Loans from nonresident banks (net) to GDP in Jamaica
Jamaica: Loans from nonresident banks (net) to GDP was -1.5% in 2021. ◆ Volatile
Loans from nonresident banks (net) to GDP in Jamaica, 1972–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
Jamaica recorded -1.5% for loans from nonresident banks (net) to gdp in 2021.
That represents a change of down 136.9% over ten years.
Over the whole period, loans from nonresident banks (net) to gdp in Jamaica peaked at 4.1% in 2009 and was at its lowest, -9.5%, in 2012.
Jamaica ranks 91st of 98 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Loans from nonresident banks (net) to GDP in Jamaica, year by year
| Year | % | Change |
|---|---|---|
| 1972 | 0.5% | — |
| 1979 | -0.4% | -177.3% |
| 1996 | 1.0% | -346.0% |
| 1997 | -0.1% | -105.9% |
| 1999 | -0.8% | +1223.3% |
| 2001 | 2.7% | -445.2% |
| 2004 | 1.8% | -32.8% |
| 2005 | 2.2% | +21.6% |
| 2006 | 1.7% | -24.6% |
| 2007 | 1.2% | -30.1% |
| 2009 | 4.1% | +252.0% |
| 2010 | 2.3% | -45.0% |
| 2011 | 4.0% | +75.1% |
| 2012 | -9.5% | -337.9% |
| 2013 | 3.5% | -137.1% |
| 2014 | -1.3% | -138.4% |
| 2021 | -1.5% | +9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.1% | -0.4% | 0.5% | 2 |
| 1990s | 0.1% | -0.8% | 1.0% | 3 |
| 2000s | 2.3% | 1.2% | 4.1% | 6 |
| 2010s | -0.2% | -9.5% | 4.0% | 5 |
| 2020s | -1.5% | -1.5% | -1.5% | 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 loans from nonresident banks (net) to gdp in Jamaica?
- Loans from nonresident banks (net) to gdp in Jamaica was -1.5% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (net) to gdp recorded in Jamaica?
- The highest recorded value was 4.1% in 2009.
- What is the lowest loans from nonresident banks (net) to gdp recorded in Jamaica?
- The lowest recorded value was -9.5% in 2012.
- How does Jamaica rank for loans from nonresident banks (net) to gdp?
- Jamaica ranks 91st out of 98 countries with data for 2021.
- Is loans from nonresident banks (net) to gdp rising or falling in Jamaica?
- Over the last ten years it is down 136.9%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Loans from nonresident banks (net) to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of net offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 12A (Net Issues): International debt securities - all issuers.