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

1007, 2018

Expenses up and income down at FSC for 2015/16

The Financial Services Commission (FSC) says it recorded a drop of $87.29 million in its total comprehensive income for the 2015/16 financial year, moving from $245.81 million to $158.5 million.

In its annual report for the year ended March 31, 2016,

1007, 2018

Saving to buy land

QUESTION: I am seeking some advice as it relates to saving and investment. I would like to do some saving towards purchasing a piece of land in another two years. I am a very determined saver, but I need to

1007, 2018

Tropical Storm Beryl speeding toward eastern Caribbean

SAN JUAN, Puerto Rico (AP) — Gusty winds began to hit the eastern Caribbean today as Tropical Storm Beryl advanced rapidly toward a region struggling to recover from last year’s deadly hurricanes.

The government

607, 2018

Fisherfolks get insurance to cover losses during extreme weather

ST GEORGE’S, Grenada, CMC – Fishers registered with Grenada’s Ministry of Fisheries are now able to receive compensation for assets damaged during extreme weather conditions.

That has been made possible through the Government approving parametric insurance for the industry, which took