Jamaica's monetary sector credit to private sector (% of GDP) was 45.82% in 2025, the latest year in the World Bank's World Development Indicators. That is up 17.34 percentage points from 28.47% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 45.82% | 2025 |
| Five years earlier | 52.36% | 2020 |
| Ten years earlier | 28.47% | 2015 |
| Highest | 52.36% | 2020 |
| Lowest | 12.95% | 2001 |
| Average since 2016 | 43.78% | 2016–2025 |
| First recorded | 15.74% | 1960 |
What the numbers say
In 2025, Jamaica's monetary sector 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 43rd highest value of the 104 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.
| Value | Year | |
|---|---|---|
| Jamaica | 45.82% | 2025 |
| World | 90.64% | 2024 |
| Latin America & Caribbean | 48.58% | 2025 |
| Upper middle income | 136.85% | 2024 |
Closest to Jamaica in the 2025 ranking
- Costa Rica — 40th of 104: 50.04%
- Namibia — 41st of 104: 46.21%
- Bosnia and Herzegovina — 42nd of 104: 46.14%
- United States — 44th of 104: 44.51%
- India — 45th of 104: 44.03%
- Belize — 46th of 104: 43.11%
What this measures
Domestic credit to private sector refers to financial resources provided to the private sector, 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. 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.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 66 values
| Year | Monetary sector credit to private sector (% of GDP) |
|---|---|
| 2025 | 45.82 |
| 2024 | 45.13 |
| 2023 | 44.57 |
| 2022 | 46.19 |
| 2021 | 50.02 |
| 2020 | 52.36 |
| 2019 | 44.91 |
| 2018 | 40.26 |
| 2017 | 38.25 |
| 2016 | 30.25 |
| 2015 |
Monetary sector credit to private sector (% of GDP) in nearby economies
- Antigua and Barbuda — 37.42% (2025)
- Argentina — 15.83% (2025)
- Aruba — 58.05% (2023)
- Bahamas, The — 40.51% (2024)
- Barbados — 59.73% (2023)
- Belize — 43.11% (2025)
- Bolivia — 51.75% (2025)
- Brazil — 75.1% (2025)
- Chile — 70.1% (2025)
- Colombia
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)
- 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) — 7.95% (2025)
- Domestic credit to private sector (% of GDP)
Reading data like this
Questions people ask
- What is Jamaica's monetary sector 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?
- 43rd highest of 104 economies with data for 2025.
- Is the latest change in monetary sector credit to private sector (% of GDP) unusual for Jamaica?
- In 2025, Jamaica's monetary sector 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 FM.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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