Number of Deposit Accounts, Commercial Banks, of Which: Household in Jamaica
Jamaica: Number of Deposit Accounts, Commercial Banks, of Which: Household was 4.34 million in 2024. ▲ Rising
Latest (2024)
4.34 million
Change on year
up 7.9%
World rank
49th
of 94 countries
All-time high
4.34 million
in 2024
All-time low
2.83 million
in 2017
Years of data
8
2017–2024
Number of Deposit Accounts, Commercial Banks, of Which: Household in Jamaica, 2017–2024
Source: International Monetary Fund.
Analysis
Jamaica recorded 4.34 million for number of deposit accounts, commercial banks, of which: household in 2024. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 7.9% on the previous year and up 53.5% over ten years.
That places Jamaica 49th out of 94 countries with data for 2024, putting it in the middle of the range.
Number of Deposit Accounts, Commercial Banks, of Which: Household in Jamaica, year by year
| Year | Value | Change |
|---|---|---|
| 2017 | 2.83 million | — |
| 2018 | 2.92 million | +3.3% |
| 2019 | 3.12 million | +6.9% |
| 2020 | 3.32 million | +6.4% |
| 2021 | 3.55 million | +6.9% |
| 2022 | 3.80 million | +7.0% |
| 2023 | 4.02 million | +5.9% |
| 2024 | 4.34 million | +7.9% |
Jamaica compared with similar countries
- Jamaica's 4.34 million is below the median for upper middle income countries, which is 4.95 million, 88% of the median. (36 countries reporting)
- Jamaica's 4.34 million is below the median for Latin America & Caribbean, which is 6.20 million, 70% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.95 million | 2.83 million | 3.12 million | 3 |
| 2020s | 3.81 million | 3.32 million | 4.34 million | 5 |
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 number of deposit accounts, commercial banks, of which: household in Jamaica?
- Number of deposit accounts, commercial banks, of which: household in Jamaica was 4.34 million in 2024, according to International Monetary Fund.
- What is the highest number of deposit accounts, commercial banks, of which: household recorded in Jamaica?
- The highest recorded value was 4.34 million in 2024.
- What is the lowest number of deposit accounts, commercial banks, of which: household recorded in Jamaica?
- The lowest recorded value was 2.83 million in 2017.
- How does Jamaica rank for number of deposit accounts, commercial banks, of which: household?
- Jamaica ranks 49th out of 94 countries with data for 2024.
- Is number of deposit accounts, commercial banks, of which: household rising or falling in Jamaica?
- Over the last ten years it is up 53.5%. The long-run trend across the full record is rising.
- Where does this Jamaica data come from?
- The figures come from International Monetary Fund, published as part of Number of Deposit Accounts, Commercial Banks, of Which: Household Sector Deposit Accounts. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Gender-disaggregated data on access to and use of financial services.