Jamaica's commercial banks and other lending (PPG + PNG) (NFL, current US$) was −US$49.21 million in 2020, the latest year in the World Bank's World Development Indicators. That is down 134.05% from US$144.51 million in 2010.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$49.21 million | 2020 |
| Five years earlier | −US$83.84 million | 2015 |
| Ten years earlier | US$144.51 million | 2010 |
| Highest | US$2.68 billion | 2018 |
| Lowest | −US$3.32 billion | 2019 |
| Average since 2011 | −US$39.38 million | 2011–2020 |
| First recorded | −US$340,000 |
What the numbers say
In 2020, Jamaica's commercial banks and other lending (PPG + PNG) (NFL, current US$) rose US$3.27 billion on 2019 (from −US$3.32 billion to −US$49.21 million).
Across the 30 yearly changes before that (1990 to 2019), the average change was −US$110.33 million and a typical year strayed about US$1.24 billion from that (the standard deviation). This year's change was 2.7 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was US$3.27 billion in 2020 and the biggest yearly fall was US$6 billion in 2019. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2011 to 2020 there is no clear straight-line trend: a straight line explains 2% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Jamaica | −US$49.21 million | 2020 |
| Upper middle income | −US$20.51 billion | 2024 |
What this measures
Commercial bank and other lending includes net commercial bank lending (public and publicly guaranteed and private non- guaranteed) and other private credits. Data are in current U.S. dollars. Proposed: Commercial bank and other lending includes net commercial bank and other private creditors lending excluding bonds (public and publicly guaranteed + private nonguaranteed).
Limitations: Data on external debt are gathered through the World Bank's Debtor Reporting System (DRS). Long term debt data are compiled using the countries report on public and publicly guaranteed borrowing on a loan-by-loan basis and private non guaranteed borrowing on an aggregate basis. These data are supplemented by information from major multilateral banks and official lending agencies in major creditor countries. Short-term debt data are gathered from the Quarterly External Debt Statistics (QEDS) database, jointly developed by the World Bank and the IMF and from creditors through the reporting systems of the Bank for International Settlements.
Regional and income-group figures are computed by the World Bank as a sum.
All 51 values
| Year | Commercial banks and other lending (PPG + PNG) (NFL, current US$) |
|---|---|
| 2020 | -49,206,000 |
| 2019 | -3,320,144,000 |
| 2018 | 2,680,929,000 |
| 2017 | -111,345,000 |
| 2016 | -112,529,000 |
| 2015 | -83,842,000 |
| 2014 | 725,848,000 |
| 2013 | -49,261,000 |
| 2012 | -41,811,000 |
| 2011 | -32,394,000 |
Commercial banks and other lending (PPG + PNG) (NFL, current US$) in nearby economies
- Argentina — US$1.31 billion (2024)
- Belize — −US$1.51 million (2024)
- Bolivia — −US$186.16 million (2024)
- Brazil — −US$13.63 billion (2024)
- Colombia — US$4.08 billion (2024)
- Dominica — −US$2.09 million (2024)
- Dominican Republic — −US$462.46 million (2024)
- Ecuador — −US$331.5 million (2024)
- El Salvador
More economic policy & debt data for Jamaica
- Total reserves, including gold (current US$) — US$6.3 billion (2025)
- Total reserves, excluding gold (current US$) — US$6.3 billion (2025)
- Gross Value Added (GVA) at basic prices (current US$) — US$19.27 billion (2025)
- Gross Value Added (GVA) at basic prices (current LCU) — 3.07 trillion (2025)
- GDP (current US$) — US$22.7 billion (2025)
- GDP (current LCU) — 3.61 trillion (2025)
- GDP per capita (current US$) — US$8,003 (2025)
- GDP per capita (current LCU) — 1.27 million (2025)
- GNI (current US$) — US$22.36 billion (2025)
- GNI (current LCU) — 3.56 trillion (2025)
Reading data like this
Questions people ask
- What is Jamaica's commercial banks and other lending (PPG + PNG) (NFL, current US$)?
- −US$49.21 million in 2020, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is down 14,372% from −US$340,000 in 1970. The highest value was US$2.68 billion in 2018 and the lowest −US$3.32 billion in 2019.
- Is the latest change in commercial banks and other lending (PPG + PNG) (NFL, current US$) unusual for Jamaica?
- In 2020, Jamaica's commercial banks and other lending (PPG + PNG) (NFL, current US$) rose US$3.27 billion on 2019 (from −US$3.32 billion to −US$49.21 million). Across the 30 yearly changes before that (1990 to 2019), the average change was −US$110.33 million and a typical year strayed about US$1.24 billion from that (the standard deviation). This year's change was 2.7 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator DT.NFL.PCBO.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB), uri: https://www.worldbank.org/en/programs/debt-statistics Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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