Outstanding Deposits, Commercial Banks, of Which: Household Sector in Jamaica
Jamaica: Outstanding Deposits, Commercial Banks, of Which: Household Sector was 783.54 billion in 2024. ◆ Volatile
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Jamaica, 2008–2024
Source: International Monetary Fund.
Analysis
Jamaica recorded 783.54 billion for outstanding deposits, commercial banks, of which: household sector in 2024. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 6.6% on the previous year and up 251.9% over ten years.
Over the whole period, outstanding deposits, commercial banks, of which: household sector in Jamaica peaked at 783.54 billion in 2024 and was at its lowest, 154.57 billion, in 2008.
That places Jamaica 52nd out of 127 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Jamaica, year by year
| Year | Value | Change |
|---|---|---|
| 2008 | 154.57 billion | — |
| 2009 | 170.22 billion | +10.1% |
| 2010 | 177.96 billion | +4.5% |
| 2011 | 185.56 billion | +4.3% |
| 2012 | 189.73 billion | +2.2% |
| 2013 | 205.17 billion | +8.1% |
| 2014 | 222.65 billion | +8.5% |
| 2015 | 252.89 billion | +13.6% |
| 2016 | 282.94 billion | +11.9% |
| 2017 | 384.75 billion | +36.0% |
| 2018 | 408.64 billion | +6.2% |
| 2019 | 451.08 billion | +10.4% |
| 2020 | 535.00 billion | +18.6% |
| 2021 | 621.57 billion | +16.2% |
| 2022 | 661.80 billion | +6.5% |
| 2023 | 735.04 billion | +11.1% |
| 2024 | 783.54 billion | +6.6% |
Jamaica compared with similar countries
- Jamaica's 783.54 billion is above the median for upper middle income countries, which is 343.07 billion, 2.3× the median. (40 countries reporting)
- Jamaica's 783.54 billion is above the median for Latin America & Caribbean, which is 282.39 billion, 2.8× the median. (20 countries reporting)
Biggest year-on-year movements
Years where Outstanding Deposits, Commercial Banks, of Which: Household Sector in Jamaica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +36.0% | 282.94 billion | 384.75 billion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 162.40 billion | 154.57 billion | 170.22 billion | 2 |
| 2010s | 276.14 billion | 177.96 billion | 451.08 billion | 10 |
| 2020s | 667.39 billion | 535.00 billion | 783.54 billion | 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 outstanding deposits, commercial banks, of which: household sector in Jamaica?
- Outstanding deposits, commercial banks, of which: household sector in Jamaica was 783.54 billion in 2024, according to International Monetary Fund.
- What is the highest outstanding deposits, commercial banks, of which: household sector recorded in Jamaica?
- The highest recorded value was 783.54 billion in 2024.
- What is the lowest outstanding deposits, commercial banks, of which: household sector recorded in Jamaica?
- The lowest recorded value was 154.57 billion in 2008.
- How does Jamaica rank for outstanding deposits, commercial banks, of which: household sector?
- Jamaica ranks 52nd out of 127 countries with data for 2024.
- Is outstanding deposits, commercial banks, of which: household sector rising or falling in Jamaica?
- Over the last ten years it is up 251.9%. The long-run trend across the full record is volatile.
- Where does this Jamaica data come from?
- The figures come from International Monetary Fund, published as part of Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 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.