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

2102, 2020

Gov’t to spend $12.9 billion this year on south coast highway

The Government is planning to spend $12.9 billion during the upcoming fiscal year to begin various road works under the Southern Coastal Highway Improvement Project.

The money has been set aside in the 2020/21 Estimates of Expenditure.

The funds will be used

2102, 2020

Magnitude 4.4 earthquake rocks Grand Cayman

A 4.4 magnitude earthquake was felt in Grand Cayman Wednesday evening.

The US Geological Survey said the earthquake occurred at a depth of 6.2 miles and was located 30 miles south of Bodden Town.

There was no report of

2102, 2020

Economic growth slowed in December quarter – BOJ

The Bank of Jamaica’s (BOJ) latest quarterly monetary policy report (QMPR) indicates that growth in Jamaica slowed in the December quarter.

The Jamaican economy is estimated to have grown in the range of – 0.5 per cent to 0.5 per cent

1802, 2020

Grace Kennedy extends cash offer for shares in Key Insurance company

GraceKennedy has extended its cash offer to purchase more than 313 million shares in Key Insurance Company.

The offer, which opened on January 27 was scheduled to close on February 17 – and has now been changed