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

2910, 2018

China leads the way as world’s billionaires get even richer

ZURICH, Switzerland (AFP) — China produced around two new billionaires a week last year as the fortunes of the world’s ultra-rich soared by a record amount, a report said Friday.

Billionaires’ wealth enjoyed its “greatest-ever” increase in 2017, rising 19 per

2910, 2018

Jamaican US Diaspora to hold major leadership summit Nov

New York, USA — Representatives of the Jamaica Diaspora Advisory Board in the United States have scheduled a leadership summit for November 16 to 18, 2018, in an effort to formulate a cohesive development plan for the grouping here.

It

2910, 2018

Oran Hall | Using property to get a loan

QUESTION:

How can I use my land title as an investment tool or to get a loan?

– Ackeem

FINANCIAL ADVISER:

A loan against property belongs to the secured-loan category where the borrower gives a guarantee by using his property as security. This is

2910, 2018

Bessa development to cost US$22m

The KLE Group, developers of the Bessa villas in partnership with Sagicor Group Jamaica, says in a new update on the project that the St Mary development will cost US$22 million.

The developers are already taking reservations for units, which should