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

805, 2020

Jamaica to be added to EC “financial risk” list

Reuters news agency has reported that Jamaica is among twelve countries the European Commission is set to add to its list of states that pose financial risks to the bloc because of anti-money laundering and terrorism financing shortfalls.

Reuters said the

605, 2020

Berry cautions about BOJ-imposed dividend suspension

At least one major player in the financial sector, Chris Berry, chairman of Mayberry Investments, is cautioning about the recently imposed suspension of dividend payments by the Bank of Jamaica (BOJ).

Last week the BOJ ordered that local financial holding companies

605, 2020

Carnival to resume limited cruise operations on August 1

MIAMI United States (AFP) — Carnival Cruise Line announced on Monday that it will resume limited operations from Florida and Texas on August 1 after halting cruises because of the coronavirus pandemic which left some passengers trapped on its ships

605, 2020

IDB projects weakened growth prospects for 2020 and beyond

The Inter-American Development Bank (IDB), in its latest assessment of the impacts of the COVID-19 pandemic, has said that shocks will have significant implications for Jamaica’s economic performance and growth prospects this year and beyond.

In a recent assessment undertaken by