Jamaica: Domestic credit to private sector (% of GDP)

Key figures

What the numbers say

In 2025, Jamaica's domestic credit to private sector (% of GDP) rose 0.69 percentage points on 2024 (from 45.13% to 45.82%).

Across the 30 yearly changes before that (1995 to 2024), the average change was +0.85 percentage points and a typical year strayed about 3.74 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 7.99 percentage points in 2017 and the biggest yearly fall was 12.61 percentage points in 2001. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about 1.28 percentage points a year. A straight line explains 38% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Jamaica had the 42nd highest value of the 100 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Jamaica in the 2025 ranking

• Costa Rica — 39th of 100: 51.03%
• Bosnia and Herzegovina — 40th of 100: 50.51%
• Trinidad and Tobago — 41st of 100: 50.36%
• Türkiye — 43rd of 100: 45.78%
• India — 44th of 100: 44.03%
• Belize — 45th of 100: 43.11%

What this measures

Domestic credit to private sector refers to financial resources provided to the private sector by financial corporations, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. The financial corporations include monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Limitations: Credit to the private sector may sometimes include credit to state-owned or partially state-owned enterprises.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 66 values

Domestic credit to private sector (% of GDP) in nearby economies

• Antigua and Barbuda — 37.42% (2025)
• Argentina — 17.6% (2025)
• Aruba — 58.05% (2023)
• Bahamas, The — 51.94% (2016)
• Barbados — 59.73% (2023)
• Belize — 43.11% (2025)
• Bolivia — 51.75% (2025)
• Brazil — 75.1% (2025)
• Chile — 102.08% (2025)
• Colombia — 39.86% (2025)

More financial sector data for Jamaica

• Domestic credit to private sector by banks (% of GDP) — 45.67% (2025)
• Net domestic credit (current LCU) — 2.02 trillion (2025)
• Net foreign assets (current LCU) — 1.11 trillion (2025)
• Monetary sector credit to private sector (% of GDP) — 45.82% (2025)
• Broad money (current LCU) — 2.38 trillion (2025)
• Broad money (% of GDP) — 65.77% (2025)
• Broad money to total reserves ratio — 2.37 (2025)
• Consumer price index (2010 = 100) — 233.16 (2025)
• Inflation, consumer prices (annual % growth) — 4% (2025)
• Claims on central government, etc. (% of GDP)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Jamaica's domestic credit to private sector (% of GDP)?

45.82% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 30.08 percentage points from 15.74% in 1960. The highest value was 52.36% in 2020 and the lowest 12.95% in 2001.

How does Jamaica rank?

42nd highest of 100 economies with data for 2025.

Is the latest change in domestic credit to private sector (% of GDP) unusual for Jamaica?

In 2025, Jamaica's domestic credit to private sector (% of GDP) rose 0.69 percentage points on 2024 (from 45.13% to 45.82%). Across the 30 yearly changes before that (1995 to 2024), the average change was +0.85 percentage points and a typical year strayed about 3.74 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator FS.AST.PRVT.GD.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) 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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