Number of Deposit: Household Sector Deposit Accounts in Jamaica
Jamaica: Number of Deposit: Household Sector Deposit Accounts 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: Household Sector Deposit Accounts 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.