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

1506, 2023

Artificial intelligence and your business

In November 2022, OpenAI released ChatGPT and it has recently become available to Apple iOS users in Jamaica. ChatGPT is arguably now the most popular generative artificial intelligence (AI) and its use in Jamaica is growing rapidly. While

1506, 2023

Advertorial | Credit Union NeXGen Change Makers take flight at the Credit Unions of Jamaica Convention and Strategic Retreat

The following content is created and paid for by The Jamaica Co-operative Credit Union League

Forty-five Credit Union Young Professionals converged at the Credit Unions of Jamaica’s inaugural Youth Summit, at the Ocean Coral Springs Resort on Thursday, June 1, 2023,

1506, 2023

BCIC embarks on ‘mission clarity’

The British Caribbean Insurance Company Ltd (BCIC) has committed to be clear, open and customer-focused in its communications by rewriting its policy booklets in ‘plain language’. A document written in plain language is easy for the reader to read, understand,

1506, 2023

Pensions values on the mend but concerns remain

from left, President of CAPS, Nicolette Jenez, Amy Wolliston of the Cayman Islands, and Senior Partner of TELUS Health, Al Kiel.

Pension valuations are recovering but require stronger oversight to detect fraud, according to the acting director general at the Financial