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

2711, 2021

vaccination increased globally and locally Economy expected to continue positive growth trend – PIOJ

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Following an estimated 6.3 per cent real value added in gross domestic product (GDP) output from the local economy during July-September, the Planning Institute

2511, 2021

Trade volume increases

Jamaica Customs Agency (JCA) has said that amid some downturns brought on by the novel coronavirus pandemic, trade volumes have increased by 126 per cent relative to the pre-pandemic era and have been positively impacting revenue streams.

According to Earl

2511, 2021

Consumer spending lags ahead of holiday shopping

With inflation pushing consumer prices higher and the novel coronavirus pandemic creating uncertainty among shoppers, retail sales ahead of the Yuletide season are lagging, with expectations for a soft Christmas shopping season which normally accounts for roughly a quarter

2511, 2021

Pensions profit from real estate

Concerns have been expressed that pension funds are fuelling what could become a real estate bubble, as many of the properties they own are empty. However, industry participants say the funds are benefiting as properties improve in value even without