Markets Actual Q4 Q1 Q2 Q3 2023
Stock Market (points) 350885.03 342645 337001 331427 325957 315299
Currency 153.15 155 157 158 160 164

Overview Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) 1.30 0.2 0.2 0.3 0.5 0.2
GDP Annual Growth Rate (%) 4.80 1.6 1.1 2.3 2.5 3
Unemployment Rate (%) 6.60 8.9 8.9 8.9 8.9 8.9
Inflation Rate (%) 9.90 8.3 6.6 5.8 5.5 4
Interest Rate (%) 7.00 7 7 7 6.25 6
Balance of Trade (USD Thousand) -1488220.82 -1200000 -1200000 -1200000 -1200000 -1190000
Current Account (USD Million) 19.64 -200 -200 -200 -200 -300
Current Account to GDP (% of GDP) 0.70 -3.2 -3.2 -3.2 -3.2 -2.6
Government Debt to GDP (% of GDP) 91.50 90 90 90 90 82
Government Budget (% of GDP) 0.90 0.3 0.3 0.3 0.3 0.3
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Corporate Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) 1.30 0.2 0.2 0.3 0.5 0.2
GDP Annual Growth Rate (%) 4.80 1.6 1.1 2.3 2.5 3
GDP (USD Billion) 13.64 14 14.4 14.4 14.4 14.4
GDP per Capita (USD) 4728.15 4846 5006 5006 5006 5006
GDP per Capita PPP (USD) 9126.12 9034 9030 9030 9030 9030
GDP Constant Prices (USD Million) 192412.00 195792 192083 196837 197222 201666
GDP from Agriculture (USD Million) 17213.00 14801 16211 17609 17643 15245
GDP from Construction (USD Million) 11986.00 17036 16885 12262 12286 17547
GDP from Manufacturing (USD Million) 17303.00 16622 17409 17701 17736 17120
GDP from Mining (USD Million) 1347.00 1384 1509 1378 1381 1425
GDP from Public Administration (USD Million) 24671.00 24164 23208 25238 25288 24888
GDP from Services (USD Million) 36427.00 35953 34840 37265 37338 37032
GDP from Transport (USD Million) 20878.00 21404 20630 21358 21400 22046
GDP from Utilities (USD Million) 6008.00 5967 5889 6146 6158 6146

Labour Actual Q4 Q1 Q2 Q3 2023
Unemployment Rate (%) 6.60 8.9 8.9 8.9 8.9 8.9
Youth Unemployment Rate (%) 16.70 19 19 19 19 19
Population (Million) 2.98 3 3.02 3.02 3.02 3.02
Labor Force Participation Rate (%) 64.70 65 65 65 65 66.2
Unemployed Persons 89700.00 85000 83000 83000 83000 83000
Employed Persons 1268000.00 1215000 1215000 1215000 1215000 1250000
Employment Rate (%) 94.00 92 92 92 92 92.6

Prices Actual Q4 Q1 Q2 Q3 2023
Inflation Rate (%) 9.90 8.3 6.6 5.8 5.5 4
Inflation Rate MoM (%) 1.50 0.3 0.3 0.3 0.3 0.3
CPI Housing Utilities (points) 125.30 129 132 122 128 134
CPI Transportation (points) 119.60 120 120 121 121 121
Consumer Price Index CPI (points) 125.50 126 128 129 132 131
Food Inflation (%) 10.05 10.8 8.5 7.1 5.9 5

Money Actual Q4 Q1 Q2 Q3 2023
Interest Rate (%) 7.00 7 7 7 6.25 6
Deposit Interest Rate (%) 2.50 3 3 3 2.25 2
Money Supply M1 (JMD Million ) 397982.50 258000 258000 258000 258000 295488
Money Supply M2 (JMD Million ) 819504.10 557000 557000 557000 557000 632052
Central Bank Balance Sheet (JMD Million ) 1133216.00 860000 860000 860000 860000 730000
Foreign Exchange Reserves (USD Million) 4139.27 3800 3800 3800 3800 3750

Trade Actual Q4 Q1 Q2 Q3 2023
Balance of Trade (USD Thousand) -1488220.82 -1200000 -1200000 -1200000 -1200000 -1190000
Current Account (USD Million) 19.64 -200 -200 -200 -200 -300
Current Account to GDP (% of GDP) 0.70 -3.2 -3.2 -3.2 -3.2 -2.6
Exports (USD Thousand) 460512.13 550000 550000 550000 550000 560000
Imports (USD Thousand) 1948732.95 1750000 1750000 1750000 1750000 1750000
Remittances (USD Million) 3497.10 2400 2400 2400 2400 2400
Capital Flows (USD Million) 131.90 -230 -230 -230 -230 -230
External Debt (USD Million) 14481.04 138400 138400 138400 138400 14377
Foreign Direct Investment (USD Million) 69.00 230 230 230 230 260

Government Actual Q4 Q1 Q2 Q3 2023
Government Debt to GDP (% of GDP) 91.50 90 90 90 90 82
Government Budget (% of GDP) 0.90 0.3 0.3 0.3 0.3 0.3
Military Expenditure (USD Million) 209.80 200 200 200 200 220
Government Debt (USD Million) 2211883.75 2000000 2000000 2000000 2000000 2000000

Taxes Actual Q4 Q1 Q2 Q3 2023
Personal Income Tax Rate (%) 30.00 30 30 30 30 30
Corporate Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 15.00 15 15 15 15 15
Social Security Rate (%) 19.75 19.75 19.75 19.75 19.75 19.75
Social Security Rate For Companies (%) 12.50 12.5 12.5 12.5 12.5 12.5
Social Security Rate For Employees (%) 7.25 7.25 7.25 7.25 7.25 7.25

Consumer Actual Q4 Q1 Q2 Q3 2023
Private Sector Credit (JMD Million ) 1203696.60 1164927 1183086 1209506 1233789 1199874
Gasoline Prices (USD/Liter) 1.21 1.26 1.31 1.36 1.41 1.52