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

2406, 2020

Spur Tree seeks to expand in new and existing markets

After sending off its first shipment of products to Costa Rica last Friday, Spur Tree Spices is now seeking to tap into other foreign markets and to expand in those already penetrated.

The sauces and marinade company’s Chief Executive Officer (CEO)

2406, 2020

Jamaica’s net remittances down by US$15.4 million in April

Jamaica’s net remittance inflows have decreased by more than eight per cent to US$159.7 million. In April alone, the decrease was calculated at US$15.4 million.

Many pundits projected that remittance flows for April would decline with several local remittance

2306, 2020

US home sales drop to lowest level in more than 9 years

US home sales dropped to their lowest level in more than nine and a half years in May, strengthening expectations for a sharp contraction in housing market activity in the second quarter following disruptions caused by the COVID-19 pandemic.

2306, 2020

World’s poorest countries could save over US$12 billion in debt relief programme

The world’s poorest countries could save more than US$12 billion owed to sovereign and other creditors this year through their participation in a debt-relief program.

This is based on estimates published on Friday in a new database from