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

Economic Statistics​

304, 2019

Government Operations Results for February 2019

Date: April 03, 2019 For the period of April 2018 to February 2019, the GOJ reported Total Revenues & Grants of $545.02 billion, $8.16 billion more than the Government’s projection. Year over year, this represents

2803, 2019

Gas Price Movement- March 28, 2019

Brent Oil Brent oil prices decreased by 1% or US$0.67, as prices increased this week relative to the prior week. Oil traded on March 28, 2019 at a price of US$67.19 per barrel relative to

2703, 2019

Bank of Jamaica lowers policy rate

Date: March 27, 2019 Bank of Jamaica announces its decision to lower the policy interest rate (the rate offered on overnight balances1 at Bank of Jamaica) by 25 basis points to 1.25 per cent. The

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