Economy Update – 1.8% Growth In Q2

GDP q2

The Statistical Institute of Jamaica (STATIN) is reporting that the Jamaican economy grew by 1.8 per cent in the second quarter of 2014, when compared to the similar quarter of 2013. This is the highest recorded Q2 Real GDP in 6 years, in 2008 Real GDP for Q2 amounted to J$Mn 192,120.

q2

q2014
STATIN says the growth resulted from a 6.3 per cent increase in output for the goods producing sector and a 0.5 per cent increase in the services sector.

diG more…

Checkout the Economy Dashboard for more information on changes in key indicators relevant to the productivity of the economy and doing business in Jamaica and their most recent publicly available measures.