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

1212, 2019

Jamaica to generate US$3.7 billion in tourism earnings for 2019

Jamaica is projected to generate US3.7 billion in tourism earnings for 2019.

The sector earned US$3.3 billion and had 4.3 million visitors last year.

Tourism Minister Edmund Bartlett says for the last four quarters, the sector

1212, 2019

DBJ to lend $5 billion to MSMEs next year

The Development Bank of Jamaica (DBJ) is to lend $5 billion to micro, small and medium-sized enterprises (MSMEs) over the next 12 months.

Minister of Finance Dr. Nigel Clarke said the loans will be facilitated under the Government’s revamped Credit Enhancement

1112, 2019

Proposed amendments to the Rent Restriction Act

The Rent Restriction Act, which was passed over seventy-five years ago and last amended in the year 1985, is the primary legislation used by many to govern the relationship between landlords and their tenants.

Given the age of the Act, many

1112, 2019

16,540 new jobs created in 2018-2019 fiscal year — Jampro

The Jamaica Promotions Corporation (Jampro) is reporting that 16,540 new jobs were created in the 2018-2019 fiscal year within the fields of energy and information technology-enabled services (outsourcing), film, animation and music.

Senator Don Wehby chairman of Jampro made