Economic Highlights
World Bank and IDB Estimate US$8.8 Billion in Damage from Hurricane Melissa
Matthew Walker2025-11-20T14:41:49-05:00November 20, 2025 The World Bank, working alongside the Inter-American Development Bank (IDB), estimates that Hurricane Melissa caused approximately US$8.8 billion in physical damage to Jamaica. This figure is equivalent to 41 percent of the country’s 2024 GDP and represents the most costly hurricane in Jamaica’s recorded history. The estimate is based on the Global