Evaluating the market in Jamaica

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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.

Read the latest Government of Canada travel advisory for this market.

Business environment in Jamaica

Jamaica's strong track record of reforms under an IMF Extended Fund Facility and an improved external position owing to lower oil prices are key drivers for the country's brightening outlook. While the debt to GDP ratio is still elevated, debt is on downward trend and a Stand-By Arrangement (SBA) program with the IMF was recently concluded to support Jamaican reform efforts. However, Jamaica has announced it will treat the SBA as precaution to be used in the event of an external shock - a huge vote of confidence for the market. Real GDP growth for 2017 is forecast at 1.7 per cent.
  • Construction & Infrastructure 
  • Power
  • Telecom

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