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

1807, 2017

All NHT first-time applicants can now get $5.5-million loan

ALL first-time applicants for mortgages from the National Housing Trust (NHT) should now be able to access the full loan ceiling of $5.5 million, regardless of the age of the homes they are purchasing.

Effective yesterday, the policy changes to the

1807, 2017

Forex bank account holders face headwinds

Local banks are saying that new charges levied on US-dollar accountholders are related to higher costs associated with transporting and shipping the currency overseas.

As supplies of foreign currency build up in bank vaults, new fees on deposits above set thresholds

1807, 2017

IDB launches Orange Economy on the Caribbean

WASHINGTON, United States (CMC) — Highlighting the contributions of creative talent to social and economic progress, the Inter-American Development Bank (IDB) has launched the e-book, Orange Economy: Innovations you may not know were from Latin America and the Caribbean

1707, 2017

Oran Hall | How to invest in unit trusts

QUESTION: I am currently going to start university. I am seeking your advice on opening a unit trust account. I am not familiar with all the terms of investment and business, but I am interested in investing, Any advice for