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

512, 2020

Expect smaller loans, fewer specials this Christmas

Christmas loan specials from microfinance institutions are still being rolled out this year, but borrowers, especially those seeking personal credit, should expect less than half of the value of specials that were trending last year.

Small businesses can snatch a deal,

512, 2020

Keith Duncan re-elected PSOJ president

Businessman Keith Duncan has been re-elected president of the Private Sector Organisation of Jamaica (PSOJ) to serve for a second term.

Duncan, the chief executive officer of the JMMB Group, was elected unopposed on Thursday at a PSOJ council meeting in St Andrew.

PSOJ executive
President –

312, 2020

Mastercard survey shows caution with personal finances, progressive abandonment of cash in Jamaica

A survey conducted by Mastercard and Americas Market Intelligence (AMI) in 13 countries across the Latin America and the Caribbean (LAC) region, including Jamaica, shows how consumer habits have changed, how the demand for financial services has increased, and how

312, 2020

Gov’t tables economic recovery support Bills

MINISTER of Finance and the Public Service Dr Nigel Clarke yesterday tabled three Bills in Parliament which, he said, are critical to the country’s economic recovery in light of the novel coronavirus pandemic.

However, he warned that, while the Government is