Wednesday October 18 2017
Jamaica | Credit Rating at 23.75


Standard & Poor's credit rating for Jamaica stands at B with stable outlook. Moody's credit rating for Jamaica was last set at B3 with stable outlook. Fitch's credit rating for Jamaica was last reported at B with stable outlook.





Wednesday October 18 2017
Jamaica Inflation Rate at 4.60 percent


The inflation rate in Jamaica climbed to 4.6 percent in September of 2017 from 4.4 percent in the previous month. It was the highest pace in four months. On a monthly basis, consumer pricesrose 0.7 percent after climbing 0.3 percent in August. The main contributor to inflation in September was the 2.6 percent rise in prices of utilities, mainly explained by higher electricity rates.





Wednesday October 18 2017
Jamaica Competitiveness Index at 4.25 Points


Jamaica scored 4.25 points out of 7 on the 2017-2018 Global Competitiveness Report published by the World Economic Forum.





Wednesday October 18 2017
Jamaica Competitiveness Rank at 70.00


Jamaica is the 70 most competitive nation in the world out of 137 countries ranked in the 2017-2018 edition of the Global Competitiveness Report published by the World Economic Forum.





Monday October 16 2017
Jamaica Government Budget at -0.20 percent of GDP


Jamaica recorded a Government Budget deficit equal to 0.20 percent of the country's Gross Domestic Product in 2016.





Monday October 16 2017
Jamaica Youth Unemployment Rate at 26.20 percent


Youth Unemployment Rate in Jamaica decreased to 26.20 percent in the second quarter of 2017 from 28.70 percent in the first quarter of 2017.





Monday October 16 2017
Jamaica Unemployment Rate at 12.20 percent


Unemployment Rate in Jamaica decreased to 12.20 percent in the second quarter of 2017 from 12.70 percent in the first quarter of 2017.





Monday October 16 2017
Jamaica GDP Annual Growth Rate at -0.10 percent


Jamaica's economy contracted 0.1 percent year-on-year in 2Q, swinging to contraction after a modest 0.1 percent expansion in Q1. It was the first annual contraction since 4Q14. Agriculture (-9.5 percent vs -3.7 percent in Q1) and mining (-10.9 percent vs -9.9 percent) contracted further and were the main drags to GDP. Food & beverages (0.8 percent vs 5.0 percent); utilities (0.1 percent vs 0.9 percent); and manufacturing (1.1 percent vs 2.7 percent) lost steam in Q2. In contrast, the sectors showing faster growth were: construction (1.2 percent vs 0.6 percent); wholesale & retail trade (0.6 percent vs 0.3 percent); hotels & restaurants (5.1 percent vs 1.1 percent); finance & insurance services (1.4 percent vs 1.0 percent); and real estate & business activities (0.5 percent vs 0.3 percent). On a quarterly basis, the economy expanded by 0.8 percent after a downwardly revised 0.9 percent contraction. GDP returned to growth after two consecutive quarters in contraction zone.





Monday October 16 2017
Jamaica Tourist Arrivals at 304572.00 people


Tourist Arrivals in Jamaica increased to 304572 people in June from 292381 people in May of 2017.





Monday October 16 2017
Jamaica Remittances at 2291.50 USD Million


Remittances in Jamaica increased to 2291.50 USD Million in 2016 from 2226 USD Million in 2015.