Jamaica: base interest rate 2010-2017

Published by Statista Research Department, Jul 5, 2024
In 2017, the Bank of Jamaica set the base interest rate at 4.52 percent, down from 5.1 percent a year earlier. Monetary policy rate, also known as base interest rate or base rate, is a percentage defined by central banks to determine the cost of credit in a given economy. This indicator serves as a guide for other financial institutions to set their own interest rates.

Monetary policy rate in Jamaica from 2010 to 2017

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Release date

December 2018

Region

Jamaica

Survey time period

2010 to 2017

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