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Economic Highlights 2021-10-12T11:08:45-05:00

Economic Statistics​

503, 2020

Gas Price Movement-March 5, 2020

March 5, 2020 Brent Oil Brent oil prices decreased by 14.21% or US$8.27, as prices fell this week relative to the prior week. Oil traded on March 05, 2020 at a price of US$49.91 per

503, 2020

U.S. Productivity climbed 1.2% in fourth-quarter 2019

March 5, 2020 Nonfarm Business Sector Nonfarm business sector labour productivity inched up 1.2% in the fourth quarter of 2019 as output rose 2.4% and hours worked climbed 1.2%. Year over year, the fourth quarter

303, 2020

Government Operations Results for January 2020

Date: March 03, 2020 For the period of April to December 2019, the GOJ reported Total Revenues & Grants of $519.01 billion, $2.17 billion more than the Government’s projection. Furthermore, year over year, this represents

303, 2020

Fed cuts rates by half point

March 03, 2020   Based on the Federal Open Market Committee (FOMC) assessment, the U.S. economy remains robust, however the coronavirus poses sprouting risks to activity within the economy. The FOMC lowered the target range

Net International Reserves



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Unemployment Rate


Monthly Inflation Rate


Gross Domestic Product (GDP)


Central Government Operations

J$ Millions Provisional –Apr-Dec 2019 Budget – Apr-Dec 2019
Revenue & Grants 519,008.10 516,842.80
Fiscal Balance (Surplus +/ Deficit -) 12,267.00 4,880.80
Primary Balance (Surplus +/ Deficit -) 117,918.60 112,654.40