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

1707, 2020

JMMB profits top $7 billion

Regional financial entity JMMB Group has reported a profit of $7.1 billion reflecting an uptick of 83 per cent for its financial year ended March 31 when compared to the previous year.

Commenting on the company’s good performance, JMMB Group CEO

1707, 2020

ECLAC put forth proposals to increase fiscal space in Caribbean countries

To confront economic and climatic vulnerabilities of Caribbean countries that have only amplified since the COVID-19 outbreak, executive secretary of the Economic Commission for Latin America and the Caribbean (ECLAC) Alicia Bárcena has called for urgent concessional funds to be

1707, 2020

Jamaicans continue to spend more on food and beverages — STATIN

Despite a revised basket of commodities, Jamaicans continue to spend a lot of their money on ‘food and non-alcoholic beverages’, which remains the most weighted division in a basket of other goods used in determining the Consumer Price Index

1707, 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