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

1905, 2019

three emergency cases is crash victim

Road crashes have forced the Government to spend billions of dollars on treatment annually, but attendant costs such as diagnostic services, hospital occupancy, physiotherapy and emotional trauma are taking a heavy toll on the country’s healthcare personnel.

Despite professional training and

1705, 2019

NHIP double coverage, financing dilemma

The head of Jamaica’s largest insurance conglomerate and dominant provider of healthcare coverage wants clarity on how the plan for universal health insurance will affect persons already covered.

That number spans about 500,000 people in a population of more than 2.7

1705, 2019

EU fines banks more than €1b over foreign exchange cartel

European Union regulators have fined five banks a total of more than €1 billion (US$1.1 billion) for colluding in the trade of large sums of foreign currency.

The European Commission said Thursday that investigators found that some bank employees in

1705, 2019

Lowe’s Flavocure secures US patent for ganja eye drug

Flavocure Biotech, a cannabis research company that is majority owned by Dr Henry Lowe, has received approval from the US Patent Office for a drug that treats glaucoma and myopia, or nearsightedness.

According to the patent issued on May 7,