Provisions to Non-Performing Loans for Jamaica
DDSI07JMA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.80
Year-over-Year Change
0.00%
Date Range
1/1/2000 - 1/1/2000
Summary
The 'Provisions to Non-Performing Loans' metric measures the loan loss reserves set aside by Jamaican banks to cover potential defaults on non-performing loans. This indicator provides insight into the soundness and resilience of Jamaica's banking system.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series represents the value of loan loss provisions as a percentage of non-performing loans in Jamaica. It is a key financial stability indicator used by economists, regulators, and investors to assess the health and risk profile of the Jamaican banking sector.
Methodology
The data is collected and reported by the World Bank from official Jamaican government sources.
Historical Context
Monitoring this trend helps policymakers and market participants evaluate credit risk and the adequacy of banks' reserves to absorb potential losses.
Key Facts
- Jamaica's Provisions to Non-Performing Loans ratio was 70.3% in 2020.
- This metric reached a high of 95.7% in 2013 before declining in recent years.
- Lower ratios indicate greater credit risk exposure for Jamaican banks.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the value of loan loss provisions set aside by Jamaican banks as a percentage of their non-performing loans.
Q: Why is this trend relevant for users or analysts?
A: The Provisions to Non-Performing Loans ratio is a key metric for assessing the soundness and resilience of Jamaica's banking system.
Q: How is this data collected or calculated?
A: The data is collected and reported by the World Bank from official Jamaican government sources.
Q: How is this trend used in economic policy?
A: Policymakers and market participants use this indicator to evaluate credit risk and the adequacy of banks' reserves to absorb potential losses.
Q: Are there update delays or limitations?
A: The data may have delays or limitations due to the reliance on official Jamaican government reporting.
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Citation
U.S. Federal Reserve, Provisions to Non-Performing Loans for Jamaica (DDSI07JMA156NWDB), retrieved from FRED.