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

1103, 2019

New role for JCCUL

As credit unions creep slowly towards oversight by the central bank, which is now expected to take effect in July, the movement’s umbrella group that acted as watchdog is trying to carve out a new direction for itself as a

1103, 2019

Oran Hall | Retirement savings options for the self-employed

The self-employed have several options to build up financial resources for retirement – the Approved Retirement Scheme, unit trusts, managed funds and self-managed investment portfolios, most of which can deliver tax-free investment returns.

The Approved Retirement Scheme is a private pension

1103, 2019

Realtors anticipate spike in business from tax giveback

Real estate experts are gearing up for more business, with the reduction in taxes on property transactions announced Thursday by Finance Minister Dr Nigel Clarke.

The giveback comes at time when the sector is experiencing a slight softening of the market

1103, 2019

BOJ forecasts inflation challenges into 2020

The Bank of Jamaica (BOJ) in an assessment carried out in December and published in its annual report last week, says that there is some risk that headline inflation would fall below its target at various times during 2019 and