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

809, 2022

US$2 billion in remittances so far

THE Bank of Jamaica (BOJ), in its new remittance report, indicates that for the January to July 2022 period remittance inflows to Jamaica amounted to US$1,959.4 million.

Inflows are expected to track pass the US$2-billion mark in the

809, 2022

Business Jamalco back to capacity

Monday, August 22, 2022 marked the first anniversary of the fire at the alumina processing plant Jamalco, an event described as one of the worst disasters in the company’s 63-year history.

Jamalco mines bauxite and refines it into

809, 2022

Go for the unpensioned

With just 12 per cent of the working population having a pension and/or retirement scheme, Minister of Industry, Investment and Commerce Senator Aubyn Hill has encouraged VM Pensions Management Limited to go after the remaining market share.

The

709, 2022

How to get billionaire benefits without a billion bucks!

It takes money to make money and the more you have the more negotiating power your money gives you. So if you have $100,000 how can you reap billionaire benefits? Simply pool your money with other investors