Economic Highlights 2017-09-16T16:03:33-05:00

904, 2021

Net International Reserves- March 2021

April 9, 2021 Jamaica’s Net International Reserves (NIR) totalled US$3,319.33 million as at March 2021, reflecting an increase of US$303.15 million relative to the US$3,016.18 million reported at the end of February 2021 (see figure

904, 2021

U.S. PPI for final demand rose 1.0% for March 2021

April 9, 2021 The final demand for the Producer Price Index rose 1.0% in March 2021, seasonally adjusted according to the U.S. Bureau of Labour Statistics. Final demand prices increased 0.5% in February 2021 and

604, 2021

GDP contracts 8.3% for Q4 2020

April 6, 2021 According to the Statistical Institute of Jamaica (STATIN), the Jamaican economy declined by 8.3% in the fourth quarter of 2020 when compared to the similar quarter of 2019. This downward movement resulted

604, 2021

USA Unemployment Rate was 6.0% in March 2021

April 6, 2021 Total nonfarm payroll employment increased by 916,000 in March, as the unemployment rate declined to 6.0%, according to a report by the U.S. Bureau of Labour Statistics (BLS). This improvement in the

604, 2021

Government Operations Results for February 2021

April 6, 2021 Government Operations Results for February 2021 For the period of April to February 2021, the GOJ reported Total Revenues & Grants of $490.16 billion, $1.38 billion more than the Government’s projection. This

2903, 2021

BANK OF JAMAICA HOLDS POLICY RATE 

March 29, 2021 BANK OF JAMAICA HOLDS POLICY RATE   Bank of Jamaica (BOJ) announces its decision to hold the policy interest rate (the rate offered to deposit-taking institutions on overnight placements with BOJ) unchanged at 0.50 per

2903, 2021

U.S. Q4 2020 real GDP increased in 50 states

March 29, 2021 Real gross domestic product (GDP) in the fourth quarter of 2020 rose in all 50 states and the District of Columbia. According to the U.S. Bureau of Economic Analysis (BEA), “the percent

Net International Reserves

Unemployment Rate

Monthly Inflation Rate

Gross Domestic Product (GDP)

Central Government Operations

J$ Millions Provisional – April- February 2021 Budget – April- February 2021
Revenue & Grants 490,159.50 488,783.70
Fiscal Balance (Surplus +/ Deficit -) -86,355.30 -105,166.50
Primary Balance (Surplus +/ Deficit -) 32,814.70 21,639.70