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

704, 2020

Magnitude 5.3 earthquake rocks sections of T&T

An earthquake with a magnitude of 5.3 struck sections of the twin-island republic late Monday.

According to the Seismic Research Centre at the University of the West Indies (UWI), St Augustine campus, the quake struck 55 kilometres northwest of Scarborough, Tobago

704, 2020

US sheds over 700,000 jobs amid coronavirus outbreak

A decade of jobs growth in the US came to an abrupt halt last month, as employers shed 701,000 jobs amid the coronavirus outbreak.

New data from the US Department of Labor said the unemployment rate rose to 4.4%

704, 2020

FSSC endorses BOJ initiatives to ensure financial stability in light of COVID-19

The Financial System Stability Committee (FSSC) of the Bank of Jamaica (BOJ) has endorsed initiatives being undertaken by the institution to ensure adequate foreign currency and Jamaica Dollar liquidity, in light of the COVID-19 outbreak.

The BOJ has collaborated

704, 2020

Bank encourages personal budgeting during COVID-19 crisis

WITH the unpredictability in the economy as the effects of the novel coronavirus are being realised worldwide, Sagicor Bank is reminding people to practise personal budgeting as a financial management mechanism to get through this difficult period.

“Budgeting is a financially