GDP : January – March 2019

According to the Statistical Institute of Jamaica, here are the highlights for the January – March 2019 quarter for the Jamaican Economy.

Highlight

First Quarter of 2019 Growth was 1.7% compared to the first quarter of 2019

Factors

  • Goods Producing Industries increased by 1.7%
  • Services Industries increased by 1.8%

Goods Producing Industries

  • Mining & Quarrying: 11.1%
  • Construction: 3.4%
  • Agriculture, Forestry and Fishing: 0.3%
  • Manufacturing: -1.4%

Service Industries

  • Hotels & Restaurants: 7.3%
  • Finance & Insurance Services: 2.5%
  • Electricity & Water Supply: 1.9%
  • Other Services: 1.8%
  • Wholesale & Retail; Repairs; Installation of Machinery & Equipment: 1.3%
  • Transport, Storage & Communication: 1.2%
  • Real Estate, Renting and Business Activities: 1.0%
  • Producers of Government Services: 0.2%