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

2403, 2019

Guardian breaks ground for $4B apartment complex

(From left) Michael Lake, managing director, Michael Lake & Associates; Dr. Morais Guy, Opposition Spokesman, Housing; Julian Robinson, Member of Parliament for St Andrew South Eastern; Andrew Holness, prime minister; Eric Hosin, president, Guardian Life Limited; Septimus Blake, chief

2003, 2019

NHT to upgrade 49 housing schemes — Holness

KINGSTON, Jamaica — The National Housing Trust (NHT) is to undertake infrastructure upgrading at 49 housing schemes across the island at a cost of more than $2.5 billion.

Prime Minister Andrew Holness made the announcement during his contribution to the 2019/20

2003, 2019

Over 1,000 feared dead after cyclone slams into Mozambique

JOHANNESBURG (AP):

More than 1,000 people were feared dead in Mozambique four days after a cyclone slammed into the country, submerging entire villages and leaving bodies floating in the floodwaters, the nation’s president said.

Cyclone Idai is believed to be the most

2003, 2019

Scotia sets up $3b loan fund, cuts rates to drive business

Scotiabank Jamaica has set up a $3 billion fund from which it will issue loans to small businesses at a special rate of 9.99 per cent.

The bank has also adjusted its loan rate for residential mortgages to 6.99 per cent,