Jamaica JM: Lending Interest Rate

Jamaica JM: Lending Interest Rate data was reported at 16.489 % pa in 2016. This records a decrease from the previous number of 16.977 % pa for 2015. Jamaica JM: Lending Interest Rate data is updated yearly, averaging 18.534 % pa from Dec 1976 (Median) to 2016, with 41 observations. The data reached an all-time high of 49.458 % pa in 1994 and a record low of 13.684 % pa in 1978. Jamaica JM: Lending Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Jamaica – Table JM.World Bank.WDI: Interest Rates. Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files.; ;

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What was Jamaica's Jamaica JM: Lending Interest Rate in 2016?

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