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

Economic Statistics​

1801, 2018

Bank of Jamaica Reduces Policy Rate

January 18, 2018 Bank of Jamaica announces that effective 18 January 2018 the policy interest rate (the rate offered on overnight placements with the Bank) will be reduced to 3.00 percent from 3.25 percent. This

1701, 2018

Production in construction up by 0.5% in euro area

January 17,2018 Activities within the construction sector for the Euro area (EA19) and EU28 increased for November 2017 when compared with October 2017. The latest data by Eurostat, the statistical office of the Eurozone, reflected

1601, 2018

Monthly inflation rate of 0.6% for December 2017

January 16, 2018.  The inflation rate for the month December 2017 inched up to 0.6%, following an upward movement of 0.6% in November 2017, bringing the 2017 calendar year inflation rate to 5.2% according to

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