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

2911, 2018

Alternative proposals to Road Traffic Act amendments to be reviewed

KINGSTON, Jamaica — A technical team from the Ministry of Transport and Mining is to review alternative proposals to amendments in the Road Traffic Act, following a meeting with the Transport Operators Development Sustainable Services (TODSS) and the Jamaica Association

2911, 2018

Fed rate hikes aren’t automatic – Powell

United States Federal Reserve Chairman Jerome Powell cast a bright picture of the US economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year to assess the impact of its

2911, 2018

Pension crisis at NWC, utility company unable to pay $19.5B

Livern Barrett, Parliamentary Reporter

The National Water Commission (NWC) is reporting that it is unable to pay pension liabilities totalling $19.5 billion.

As a result, President of the NWC, Mark Barnett, who made the disclosure today, says the utility company is now

2811, 2018

Regional unions oppose Scotiabank’s restructuring

A group of regional union leaders, led by Jamaica’s Bustamante Industrial Trade Union (BITU), vowed yesterday to challenge Scotiabank’s transitional programme across the region.

Six visiting trade unionists, who arrived in Jamaica over the weekend to join the BITU’s response to