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, 2022

Chronic diseases driving up NHF expenditure

As many Jamaicans continue to shun healthy lifestyle practices, chronic non-communicable diseases (NCDs), particularly diabetes, hypertension, heart conditions and poor circulation issues, continue to consume a large share of National Health Fund (NHF) expenditure in subsidising medication for such patients.

The

2511, 2022

Climate crisis: FSC says risks for the vulnerable have increased

EVERTON McFarlane, executive director of the Financial Services Commission (FSC), Jamaica, says the need for inclusive insurance is even greater now given heightened exposure to climate risk.

McFarlane, who was keynote speaker at the International Conference

2211, 2022

FSC Concerned About Low Insurance Levels In JA

Despite geopolitical and domestic threats to lives and livelihoods, the Executive Director of the Financial Services Division (FSC) says there is still a low level of insurance saturation among Jamaicans.

2211, 2022

Niche Financing, UCC ink educpartnershipation loan partnership

From left: Sandra Lawrence, accounts manager, University of the Commonwealth Caribbean (UCC); Michael Gordon, chief innovation officer, UCC; Richard Mitchell, group manager — digital and social media marketing, UCC; Tennille Howell-Hussey, manager of Business Development and Consulting Institute, UCC