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

2307, 2020

Business and consumer confidence dip amid COVID-19 outbreak

With the COVID-19 pandemic weighing on the local economy, causing social disruptions and shutdowns across sectors, consumer and business confidence took a knock during the first and second quarters of the year. This was according to the latest findings of

2307, 2020

Scotiabank Group’s insurance business holds firm during COVID-19

Scotiabank Group says its insurance business has survived well during the COVID-19 period so far.

Senior vice-president for Investment and Insurance, Dr Adrian Stokes disclosed that premium lapses have surprisingly been flat so far this year, given the fallout in the

2307, 2020

Inflation basket reflects new spending preferences – Statin adds hair extensions, narcotics, toll to price tracking list

The Jamaican economy lost $4.5 billion of real value in the March quarter, numbers that capture just the first three weeks of virus-containment measures that were cited as the cause of the decline.

Economic output, measured as gross domestic product, or

2307, 2020

Jamalco to list on JSE – Noble Group, GOJ strike deal on refinery

The Noble Group has formed a pact with the Jamaican Government to reorganise the assets and operations of alumina refinery Jamalco into a holding company that will raise equity capital on the stock market.

The company, which was unnamed, is expected