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

1911, 2019

Karisma Hotels to break ground on new resort in St. Ann

Karisma Hotels and Resort is set to break ground in the first quarter of next year, for their 4,800 room multi-resort development project in St. Ann.

The project represents an almost US$1 billion investment.

The popular luxury chain has 26 properties in

1911, 2019

World Bank Approves $40 million Financing for Jamaica to Boost Agriculture Productivity and Rural Livelihoods

WASHINGTON, November 14, 2019—The World Bank Board of Executive Directors approved today a US$40 million loan for Jamaica to boost income opportunities and job creation in rural areas through the second phase of the Rural Economic Development Initiative (REDI II).

The

1511, 2019

Americans have more debt, need family help to buy homes: report

Washington (AFP) – Americans are waiting longer to buy their first homes, have more debt and more often need family help to make the purchase amid a supply crunch that is pushing up prices, according to a new data released

1511, 2019

NCB a $1.6-TRILLION company

NCB Insurance Company (NCBIC) has launched a set of new pooled fund offerings, targeting local pension funds.

They include NCBIC Pooled Pension Real Estate Fund, which invests in a variety of real estate ventures, commercial & residential; NCBIC Pooled Pension Leases