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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Economic Commission for Latin America and the Caribbean. (December 24, 2018). Monetary policy rate in Jamaica from 2010 to 2017 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1061212/jamaica-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. "Monetary policy rate in Jamaica from 2010 to 2017." Chart. December 24, 2018. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1061212/jamaica-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. (2018). Monetary policy rate in Jamaica from 2010 to 2017. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1061212/jamaica-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean. "Monetary Policy Rate in Jamaica from 2010 to 2017." Statista, Statista Inc., 24 Dec 2018, https://www.statista.com/statistics/1061212/jamaica-monetary-policy-rate/
Economic Commission for Latin America and the Caribbean, Monetary policy rate in Jamaica from 2010 to 2017 Statista, https://www.statista.com/statistics/1061212/jamaica-monetary-policy-rate/ (last visited November 22, 2024)
Monetary policy rate in Jamaica from 2010 to 2017 [Graph], Economic Commission for Latin America and the Caribbean, December 24, 2018. [Online]. Available: https://www.statista.com/statistics/1061212/jamaica-monetary-policy-rate/
