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)
Click to Download Reports

General Insurance (2014-2015)
Click to Download Reports

Claims Payout (2012-2013)
Click to Download Reports

General Insurance (2014-2015)
Click to Download Reports

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

2110, 2020

Jamaica readies for proliferation of 5G services locally

Jamaica is far advancing its regulatory and monitoring regime for the proliferation of fifth generation (5G) mobile technology services in Jamaica.

Already the regulator of mobile technology in Jamaica, the Spectrum Management Authority (SMA), is laying the groundwork for

2110, 2020

BCIC preps cyber insurance for businesses

Amid rising cybercrimes and sophisticated digital attacks on companies globally, a British Caribbean Insurance Company (BCIC) executive has said that the underwriting company is in the process of adding cyber insurance as a new line to its already extensive

2110, 2020

Jamaica approves Remdesivir for treatment of COVID-19 patients

Jamaicans infected with COVID-19 will soon have access to the antiviral drug Remdesivir which has proven to shorten the recovery time for some patients.

The Ministry of Health and Wellness has indicated that it will be procuring supplies of the drug

2110, 2020

Remittance inflows continue to outpace 2019

The freshly released Bank of Jamaica (BOJ) report for remittances for the month of July 2020 indicates that inflows continue to climb year over year.

January to July 2020 remittance inflows totalled US$1555.1 million, central bank data shows. This compares to