Business Working Capital Financing Statistics in Jamaica (2026)
As of the 2024 data, 34.1% of firms in Jamaica used banks to finance working capital, per World Bank World Development Indicators. Down from 53.1% in 2010 to 34.1% in 2024 (−19 percentage points). Jamaica ranks #7 of 14 economies in Latin America & Caribbean on this measure, and #40 of 145 globally.
Key Statistics
- Latest value (2024)
- 34.1% (2024)
- Business Working Capital Financing in Jamaica as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2010
- −19 pp (2024)
- Down from 53.1% in 2010 to 34.1% in 2024 (−19 percentage points).
- Peak value (2010)
- 53.1% (2010)
- Highest value in the available series; the 2024 value is 34.1%.
- Rank in Latin America & Caribbean
- #7 of 14 (2024)
- Jamaica ranks 7 of 14 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #40 of 145 (2024)
- Jamaica ranks 40 of 145 countries with data globally.
- Latin America & Caribbean average
- 35.9% (2024)
- Jamaica (34.1%) is below the average of 35.9% across the 14 countries in Latin America & Caribbean with data.
- Firms with a bank loan/line of credit (% of firms) (2024)
- 47.7% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Jamaica (2024)
- 90.1% (2024)
- 90.1% of the population in Jamaica used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 2.8 million (2024)
- Jamaica had a population of 2.8 million in 2024 (World Bank); shown for scale only.
Trend, 2010–2024
| Year | % of firms | Change |
|---|---|---|
| 2024 | 34.1% | −19.0 pp |
| 2010 | 53.1% | — |
Frequently asked questions
What share of firms in Jamaica used banks to finance working capital?
34.1% of firms in Jamaica used banks to finance working capital in 2024, according to World Bank World Development Indicators data.
Where does Jamaica rank globally on business working capital financing?
Jamaica ranks 40 of 145 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
When did business working capital financing in Jamaica peak?
The highest value in the available series was 53.1% in 2010; the latest (2024) value is 34.1%.
Source & methodology
Source: World Bank, World Development Indicators, indicator
IC.FRM.BKWC.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .