Latest Economic News

IAJ President – Peter Levy- Motor Uninsured
Managing Director BCIC- Speaks on the amount of uninsured motor vehicle on the road in Jamaica and the dangers it creates for the insured driver.

IAJ President – Peter Levy- General Uninsured
Managing Director BCIC- Speaks on the amount of the uninsured population in Jamaica.

Past Statistics:

Life Insurance (2016-2017)
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General Insurance (2014-2015)
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Claims Payout (2012-2013)
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General Insurance (2014-2015)
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Statistics on The Economy.

Review of Economic Performance
October – December 2018.

The PIOJ presents preliminary estimates on economic performance for each quarter, approximately 6 weeks following the end of the quarter being reviewed. This is based on preliminary information available from the major data providers.

This release of the preliminary estimate is consistent with developments in all modern economies globally, where it is the common practice to release a 1st, 2nd and even a 3rd preliminary estimate before the final official figure is released. Learn More >

Current Statistics

GOVERNMENT FISCAL MONITORING

GROSS DOMESTIC PRODUCT

BOJ RATE POLICY

JAMAICA ECONOMIC DATA

2301, 2022

CBDC for domestic use only

The Bank of Jamaica (BOJ) remains firm that its digital currency will be for domestic use only.

In an update provided to the Jamaica Observer, it said it is also not considering interoperability with any other CBDC or usable on

2301, 2022

IICA pushes transformation of agri-systems for growth and sustainability

The Inter-American Institute for Cooperation on Agriculture (IICA) has called upon states to offer increased collaboration in advancing key efforts to transform the sustainability of agri-food systems across hemispheres.

At a recent ceremony to install Manuel Otera, who was re-elected

2301, 2022

JMMB increasing funding for SMEs

The Development Finance Institute Canada (DFIC) Inc, operating under the FinDev Canada brand, recently announced a US$20-million loan to JMMB Bank (Jamaica) Limited.

The loan is intended to support Jamaica’s small and medium-sized enterprises (SMEs) seeking capital to assist them in

2301, 2022

Another door for discrimination

ARIBBEAN economist Marla Dukharan is criticising the global minimum tax as another door for discrimination.

Dukharan in the Caribbean Monthly Economic Report argued that while the United States, European Union and Organisation for Economic Co-operation and Development (OECD) convinced 136 countries