Jamaica Real Interest Rate
Real interest rate FR.INR.RINR
Jamaica's real interest rate was 1.23% in 2025, ranked 60th globally. This represents a 81.9% decrease from 2024. Data from World Bank, covering 1976–2025.
Overview
Jamaica's real interest rate stood at 1.23% in 2025, a decline of +5.57pp from 2024. Based on recent trends, this figure is projected to reach 1.23% by 2025. Jamaica ranked 60th globally.
Jamaica's real interest rate has exhibited significant fluctuations over the past five decades, with the all-time peak of 21.22% recorded in 1997 and the all-time trough of -12.79% in 1984. The country's real interest rate ranks 60th globally as of 2025, with a value of 1.23%, slightly below Italy's 1.37% but closer to that of Hong Kong SAR, China, at 1.38%. Jamaica's real interest rate trend has generally been on an upward trajectory, albeit with some volatility, a pattern observed in other countries. The significant drop in real interest rate in 1984 was likely due to the economic challenges faced by the country during that period. Jamaica's real interest rate has since recovered, reflecting a more stable economic environment. However, a decline in global interest rates, driven by monetary policy responses to economic downturns, could potentially influence Jamaica's real interest rate trajectory, particularly if the country's macroeconomic conditions do not keep pace with global economic trends.
Data & projection
| Year | Real Interest Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | -0.58% | - | - |
| 2026* trend | 0.32% | - | - |
| 2025* trend | 1.23% | - | - |
| 2025 | 1.23% | −5.57pp | #60 |
| 2024 | 6.80% | +6.52pp | #47 |
| 2023 | 0.29% | +1.40pp | #24 |
| 2022 | -1.11% | −5.69pp | #38 |
| 2021 | 4.58% | −4.61pp | #70 |
| 2020 | 9.19% | −0.91pp | #78 |
| 2019 | 10.10% | +1.34pp | #95 |
| 2018 | 8.76% | +0.29pp | #95 |
| 2017 | 8.46% | −3.95pp | #102 |
| 2016 | 12.41% | +8.42pp | #113 |
| 2015 | 4.00% | −5.62pp | #44 |
| 2014 | 9.62% | +1.04pp | #102 |
| 2013 | 8.58% | −1.80pp | #96 |
| 2012 | 10.37% | −2.59pp | #112 |
| 2011 | 12.96% | +3.27pp | #128 |
Detected Pattern
Analysis
Jamaica matched the Fiscal Dominance Trap pattern in 2022. Historically, 72% of countries showing this pattern (278 out of 386) saw real interest rate improve within 24 months. View full analysis →
Frequently Asked Questions
Jamaica's real interest rate was 1.23% in 2025. Ranked 60th globally. This represents a 81.9% decrease from the previous year.
Jamaica's real interest rate peaked at 21.22% in 1997.
The lowest real interest rate in Jamaica was -12.79% in 1984.
Jamaica ranks 60th globally in real interest rate as of 2025.
The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.
Jamaica's real interest rate is projected to reach 1.23% by 2025 based on trend extrapolation.
The real interest rate of Jamaica in 2025 was 1.23%. This ranks 60th in the world.
Cite this page
@misc{historysaid_jamaica_real-interest-rate,
title = {Jamaica Real Interest Rate},
url = {https://historysaid.com/jamaica/real-interest-rate/},
publisher = {HistorySaid},
year = {2026}
}