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

3003, 2023

Growth & Jobs | Investing in real estate and mutual funds

JAMAICA’S AGEING population is increasing, and its growth may have implications for pensions and social welfare policy.

According to the Statistical Institute of Jamaica, the population of people age 65 and over increased from 11.3 per cent in 2011 to 11.9

2203, 2023

HUGO APP TO LEAVE JAMAICA

ugo, which opened its Kingston leg in January 2021, operated in the capital city and Portmore.

On April 30, the service delivery app Hugo will cease its operations in Jamaica.

A termination memo sent

2203, 2023

Business Hospitality sector rebound drives growth for Sagicor X Fund

The continued rebound of the tourism and hospitality sector has led Sagicor Real Estate X Fund Limited to increase revenues to $7.1 billion during it 2022 financial year — 23 per cent above the prior year.

The company

2203, 2023

BCIC makes changes to its senior management team

British Caribbean Insurance Company Limited (BCIC) has promoted Garth Rowe, formerly general manager – finance, to the newly created role of chief strategy officer effective March 13.

Rowe is a highly accomplished financial executive with over three decades of experience in