BANK OF JAMAICA
JAMAICA IN FIGURES
FINANCIAL INTERMEDIATION
(End of Period)
(Commercial Bank Terminals only)
(Commercial Bank Accounts only)
Building Societies
Credit Unions
Stock Market
Automatic Teller Machines (ATM)
Point of Sale (POS) Terminals
No. of InstitutionsNo. of BranchesAssets and Liabilities (J$Bn.)Savings Fund (J$Bn)Loan Balances (J$Bn.)Savings Rate (WeightedAverage)Mortgage Rate (WeightedAverage)Loans Rate (WeightedAverage)
No. of InstitutionsMembershipAssets and Liabilities (J$Bn.)Savings Fund (J$Bn)Loan Balances (J$Bn.)
IndexMarket Capitalization (J$Bn.)
Number of TerminalsNumber of Machines per
100,000 inhabitantsAverage Value of each Transaction (J$)Value of Withdrawals (J$mn.)*Total Debit Cards in Circulation (J$ Cards)Total Credit Cards in Circulation (J$ Cards)
Number of TerminalsNumber of Terminals per 100,000
InhabitantsValue of Transactions (J$mn.)Average Value of each Transaction (J$)
2007
12.6012.65
48925,617
44.2834.4130.98
107,968.06876.69
378
11,319
42377,591.95,171.2
145,002.1
139,192.51,389,860
175,876
445
123.5684.3858.985.26
2008
12.5612.56
48970,387
50.7139.5434.83
80,152.03597.28
405
12,468
46497,531.85,608.6
154,747.8
172,902.11,534,553
190,432
447
139.2493.2976.106.08
Jamaica in FiguresPublished by the Bank of JamaicaP.O. Box 621Kingston
Telephone: (876) 922 0750-9Fax: (876) 967 4265
Website: www.boj.org.jmEmail: [email protected]
Sources
Statistical Institute of Jamaica (STATIN)Planning Institute of Jamaica (PIOJ)Ministry of Finance (MOF)
Bank of Jamaica (BOJ)
2008
+Revised
2006
13.8813.85
48796,587
36.9029.1124.90
100,677.99822.86
372
144,593.3
105,935.81,178,022
166,625
13,609
51155,642.83,469.1
447
106.2273.5944.045.39
2006
2,317.55
15.9542,347.33
77,619.46181,230.22
12.384.88
67.1557.53
131.5388.33
10.9433.560.34
5.58.1
11.6511.8012.00
--
12.31
-1,182.9-9.9
-2,943.42,133.6
113.31,040.5
89.713.432.141.0
5,077.0627.6
-615.71,748.61,769.4
-27.71,210.6-230.1
2007+
1,877.73
10.6247,255.13
89,337.47202,565.61
11.834.85
70.6271.39
140.32103.99
11.2335.330.35
16.815.6
11.6511.8012.00
-13.46
13.34
-2,038.2-15.6
-3,841.32,362.6
112.91,194.0
100.39.2
31.845.7
6,203.9424.8
-661.62,039.91,964.3
-35.52,073.7
439.8
2008
1,772.94
8.4749,069.03
91,017.87210,583.10
12.365.13
80.4765.54
116.84113.08
12.8040.140.40
16.816.6
17.0020.0021.50
-24.00
24.45
-3,038.0-21.8
-5,046.92,499.9
114.91,235.0
104.30.0
28.143.77
7,546.8427.6
-568.32,149.632,021.5
18.13,019.9
104.8
BANK OFJAMAICA(End of Period)Net International Reserves (US$mn)Gross Reserves in Weeks of Imports(Goods & Services)(Actual)Currency in Circulation (J$mn.)
M1(local currency only)M2(local currency only)Velocity of Money Supply (M1)Velocity of Money Supply (M2)
International CurrenciesUS$1.00 = J$CAN$1.00 = J$UK 1.00 = J$Euro 1.00 = J$
Caribbean CurrenciesT&T $1.00 = J$Bds.$1.00 = J$Guyana$1.00 = J$
HeadlineCore
30-day90-day
180-day270-day365-day
Money Supply (J$mn.)End of Period
Exchange Rates
Inflation Rates
OMO Interest Rates (End Period %)**
Treasury BillYield (%)
(End of Period)
L
(Annual point-to-point %)*
(End of period) 6-Month
Balance of Payments (US$Mn.)Current Account
Goods BalanceExports
ImportsServicesIncomeCurrent Transfers (net)
% of GDP
o/w BauxiteAluminaSugarBananasCoffeeRum
o/w Remittances (gross)Capital AccountFinancial AccountChange in Reserves (- = increase)
TOURISM
DEMOGRAPHIC STATISTICS
PRODUCTION OF GOODS & SERVICES
PUBLIC DEBT
FISCAL OPERATIONS
Total Visitor Arrivals (’000)Estimated Visitor Expenditure (US$mn)
Population (Avg.)Labor Force (Avg.)Net Migration (Arrivals - Departures)Crude Birth Rates (% per ‘000 pop.)Crude Death Rates (% per ‘000 pop.)Unemployment Rate (Avg. %)
MaleFemales
Real Gross Domestic Product Growth (% )Per Capita GDP (J$)(current prices)
(US$ equivalent)
Fiscal Balance (J$mn)% GDP
Primary Balance (J$mn)% GDPTotal Public Debt (J$mn)% GDPPer Capita Public Debt (J$’000)
% of GDP (Calendar year)
Savings Rate (WeightedAvg. %)Loan Rate (WeightedAvg. %)
Government Finance***
Medium & Long Term PublicAnd Publicly GuaranteedExternal Debt (US$Mn.)
Commercial Banks
Near Banks (FIAs)
No. of InstitutionsNo. of BranchesAssets and Liabilities (J$Bn.)Deposits (J$Bn.)Loans (J$Bn.)Credit Card Receivables (J$Bn)Savings Rate (WeightedAvg. %)Loan Rate (WeightedAvg. %)
No. of InstitutionsNo. of BranchesAssets and Liabilities (J$Bn.)Deposits (J$Bn)Loans (J$Bn.)
*** Fiscal year:April - March e.g. 2005 =April 2005 - March 2006N/A not available+ Revised
Incidence of Poverty (%)
FINANCIAL INTERMEDIATION (End of Period)
2006
3,0151,870
2,663,1001,253,075
-17,10017.46.1
10.37.0
14.514.3
2.7295,194
4,481
-36,701.2-4.5
61,116.87.5
923,124.1113.2346.6
5,795.649.4
6124
429.97282.93153.45
11.195.02
17.59
510
45.9614.0211.157.71
13.78
2007+
2,8801,910
2,675,8001,276,900
-16,00017.06.49.76.1
14.39.9
1.5333,787
4,833
-42,243.8-4.6
59,479.66.4
1,000,675.5108.1374.1
6,122.848.6
6126
490.99321.05195.1014.144.92
17.11
49
46.6417.1514.217.24
13.30
2008
2,8561,976
2,687,2001,296,125
-17,60016.76.3
10.67.3
14.6N/A
-0.9378,918
5,196
-75,321.8-6.8
49,983.54.5
1,200,322.4108.9446.7
6,343.748.7
7131
548.34333.96246.1716.885.16
16.78
35
32.7614.5210.824.29
15.69
*
**o/w
Headline inflation: measures the rate of change in the prices of a standard basket of goods and services consumed by a typicalJamaican family , as captured by the Consumer Price Index (CPI).Core Inflation: that part of the CPI inflation that is brought about by changes in monetary policy.
OMO - Open Market Operationsof which
11,424 sq. km. (4,411 sq. miles)
KINGSTON
ENGLISH
Predominantly Christian
145 km. (90 miles) south of Cuba and 161
km. (100 miles) west of Haiti. It is also
966 km. (600 miles) southeast of Miami,
Florida and is the largest of the English-
speaking Caribbean islands.
Jamaica’s first settlers were the Tainos,
formerly identified asArawaks. Jamaica’s
name is derived from the Arawak word
“Xaymaca” which means “Land of wood
and water”. Jamaica’s first European
v i s i t o r, C h r i s t o p h e r C o l u m b u s ,
representing the Spanish Crown, arrived in
1494 on his second voyage to the New
World. In 1655, a British force led by
Admiral William Penn and General
Venables conquered the island, ousting the
Spaniards. On 6 August 1962, Jamaica
became an independent country within the
British commonwealth.
Jamaica is a parliamentary democracy
within the Commonwealth. A full
parliamentary term is five years.
74.1 years
MALES 71.3 years
FEMALES 77.1 years
16.7
86.4%
Agriculture, Mining, Manufacturing,
Tourism and Financial Services.
Tourism, Bauxite,
Alumina, Sugar
Remittances,
Coffee, Bananas and
+Adult Literacy Survey last conducted in 1999 by Jamaica Movement For The
Advancement of Literacy ( JAMAL) now Jamaica Foundation For Lifelong Learning (JFLL)
Statistical Institute of Jamaica (STATIN) and
JAMAICA
AREA
CAPITAL
OFFICIALLANGUAGE
RELIGION
LOCATION
HISTORY
GOVERNMENT
LIFE EXPECTANCYAT BIRTH (2004)
INFANT MORTALITYRATE
(INFANTS DEATHS/1000 BIRTHS, 2007)
LITERACYRATE (2008)
MAJOR ECONOMIC
SECTORS
MAIN SOURCES OFFOREIGN
EXCHANGE
TIME ZONE GMT -05:00