Monetary Sector credit to private sector (% GDP) in Jamaica
Jamaica: Monetary Sector credit to private sector (% GDP) was 45.8% in 2025. ▲ Rising
Monetary Sector credit to private sector in Jamaica, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % GDP.
Analysis
In 2025, monetary sector credit to private sector in Jamaica stood at 45.8%.
That represents a change of up 1.5% on the previous year and up 60.9% over ten years.
Over the whole period, monetary sector credit to private sector in Jamaica peaked at 52.4% in 2020 and was at its lowest, 13.0%, in 2001.
Jamaica ranks 83rd 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.
Monetary Sector credit to private sector (% GDP) in Jamaica, year by year
| Year | % 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 | 45.8% | +1.5% |
Jamaica compared with similar countries
- Jamaica's 45.8% is above the median for upper middle income countries, which is 39.9%, 1.1× the median. (55 countries reporting)
- Jamaica's 45.8% is above the median for Latin America & Caribbean, which is 43.1%, 1.1× the median. (33 countries reporting)
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 | 47.3% | 44.6% | 52.4% | 6 |
Countries ranked near Jamaica
- 80 Croatia 46.9% compare
- 81 Namibia 46.2% compare
- 82 Bosnia and Herzegovina 46.1% compare
- 84 Montenegro 45.3% compare
- 85 Mongolia 44.9% compare
- 86 United States 44.5% compare
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 monetary sector credit to private sector in Jamaica?
- Monetary sector credit to private sector in Jamaica was 45.8% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest monetary sector credit to private sector recorded in Jamaica?
- The highest recorded value was 52.4% in 2020.
- What is the lowest monetary sector credit to private sector recorded in Jamaica?
- The lowest recorded value was 13.0% in 2001.
- How does Jamaica rank for monetary sector credit to private sector?
- Jamaica ranks 83rd out of 187 countries with data for 2025.
- Is monetary sector credit to private sector rising or falling in Jamaica?
- Over the last ten years it is up 60.9%. 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 Monetary Sector credit to private sector (% 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, 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. 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.