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

2203, 2023

IDB bearish on regional economic prospects Projects 1% growth for LAC in 2023

The Inter-American Development Bank, IDB, says Latin America and the Caribbean countries, known as the LAC region, need to rise to the challenge to lower inflation and reduce the public debt burden in 2023.

In its annual macroeconomic report released during

2203, 2023

Jamalco set for sale

The company that holds the Jamalco alumina refinery is being transferred to an undisclosed third party, as part of an emerging deal.

The refinery is majority owned by Noble Group Holding Limited, NGHL, which is based in Hong Kong.

“NGHL has announced

2203, 2023

Credit Suisse-UBS deal offers hope, but bank doubts persist

Credit Suisse shares plunged on Monday after Swiss authorities cut a deal with its bigger rival UBS to acquire the troubled bank at a marked-down price.

But European bank stocks and the wider market gained as investors watch whether moves to

2203, 2023

St Elizabeth farmers to benefit from US$200-million irrigation scheme

Hundreds of farmers in the communities of Flagaman, Greenfield, Southfield, and Top Hill, in St Elizabeth are to benefit from a US$200-million Pedro Plains Irrigation Scheme, with which the Government is moving ahead.

Prime Minister Andrew Holness made the announcement during