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

2302, 2017

Policy changes coming for existing pension schemes — Holness

Prime Minister Andrew Holness says imminent policy changes will be made to existing pension schemes.

According to the Prime Minister, the changes will ensure greater efficiency of the pension funds.

He says the Government wants

2302, 2017

BANK OF JAMAICA QUARTERLY PRESS BRIEFING FEBRUARY 2017

Today, the Bank releases the Quarterly Monetary Policy Report (“QMPR”) for the October to December 2016 quarter.
As we have discussed on many occasions, years, decades even, of feeding an insatiable appetite for borrowing by the government and its agencies diverted

2302, 2017

Iron Rock performs above expectations — Evan Thwaites

Evan Thwaites, managing director of new property insurance company IronRock Insurance Ltd, indicates that directors are pleased with the 2016 results, having weathered the first year in operation with losses which were lower than expected.

Thwaites told the Jamaica Observer

2302, 2017

Agriculture tops real sector growth again

Once again, the combination of agriculture, forestry and fishing was the sector which grew the most in the December 2016 quarter, the Bank of Jamaica (BOJ) indicates in its quarterly Monetary Report (QMPR) which was released yesterday.

The food and forest-based