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

1603, 2020

Combatting market volatility: Dollar-cost averaging

SEOUL, South Korea — Currency dealers monitor exchange rates in a trading room at KEB Hana Bank in Seoul on March 13, 2020. Global stock markets suffered historic falls as panic spread on March 13 over the spiralling COVID-19

1603, 2020

PROVEN suspends share offer

As a result of the heightened disruption triggered by the intensification of the coronavirus (COVID-19) pandemic, PROVEN Investments Limited has suspended its additional public offering of shares, with effect from Friday, March 13.

“We are extremely mindful of the current

1603, 2020

Almost $2 billion decline in Scotia Group in net income for Q1 of 2020

Scotia Group Jamaica is reporting an almost $2-billion decline in net income for the first quarter of 2020.

This represents a sizable downgrade from the $2.32 billion net income recorded for the corresponding period last year. In its latest quarterly

1603, 2020

Protecting your money, investment from COVID-19

With the recent official announcement of the imported cases of the novel coronavirus (COVID-19) to Jamaica, many are asking about the impact to their savings and investments, and what opportunities may lie ahead, said the Keith Duncan-led JMMB Group in