External Sector

  • Combined Foreign Exchange Flows Of Authorised Dealers And Cambios

    Data represents the foreign exchange purchases and sales volumes for Authorized Dealers and Cambios of all currencies stated in the equivalent of US$Mn.

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  • Value Of Exports To Principal Trading Partners

    Compiled from data published by the Statistical Institute of Jamaica. Caribbean Common Market comprises Barbados, Guyana, Belize, Antigua, St. Kitts-Nevis-Anguilla, Trinidad and Tobago, Dominica, Grenada, St. Lucia, St. Vincent, Suriname and the Bahamas. Latin America includes Mexico, Central and South American countries.

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  • Value Of Imports To Principal Trading Partners

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  • Balance Of Visible Trade

    Compiled from data on External Trade published by the Statistical Institute of Jamaica. Exports include reexports.

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  • Official International Reserves Of The BOJ

    The format reflects: (a) Bank of Jamaica\\\'s net international reserves position excluding the Bank\\\'s medium term liabilities which are usually treated above the line or in the capital account of the balance of payments. (b) The country\\\'s net official foreign position which includes the Bank of Jamaica\\\'s net international reserve position as well as those of the Central Government and Selected Public Agencies. The changes in these stock figures normally provide an indication of the country\\\'s overall balance of payments surpluses or deficit position for a given period of time. (c)The BOJ medium term liabilities and commercial banks net Foreign Assets are added to Row 8 to provide a broader concept of the country\\\\\\\'s foreign position.

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  • Value Of Exports & Imports By Sections Of The S.i.t.c. (current Year)

    The format of Tables 36a and 36b reflect the standards recorded in the sixth edition of the Balance of Payments Manual. Merchandise trade encompasses general merchandise, goods for processing, repairs on goods, goods procured in ports by carriers and imports and exports of the free zones. The Statistical Institute of Jamaica (STATIN) provides data on the first three components in an aggregated form, which are based on the Jamaica Customs Department records. The data from STATIN are categorized as general merchandise. It should be noted that general merchandise transactions of the free zones are not reported by STATIN, and are therefore carried as a line item in the trade tables. Data on the other components are obtained by way of enterprise surveys.

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  • Imports Of Economic Function (current Year)

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  • Jamaica's Exports & Imports On Caricom Market By Countries (current Year)

    Related to Jamaica\\\\\\\'s trade with Caricom. Data source is the Statistical Institute of Jamaica.

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  • Tourism: Visitor Statistics

    Compiled from data provided by the Jamaica Tourist Board and the Ministry of Tourism. The total number of visitors includes all foreign visitors and armed forces personnel on shore leave. Foreign crews and other carrier personnel, foreign diplomats, technical assistance personnel and migrant workers are excluded. Landed visitors are those staying in the island one night or more. Hotel room occupancy relates to the number of guests to the available beds. Data revised from 1995 to include non-resident Jamaicans.

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  • Tourism: Visitors By Length Of Stay

    Up to February 1966 long-stay visitors referred to those guests remaining over three guest-nights and short-stay three guest-nights and under. Since March 1966, the definition of long-stay visitors refers to those remaining three guest-nights and over while short-stay one to two guest-nights. Cruise passengers are passengers who disembark from cruise ships and return on board within a few hours to leave for the next port-of-call. Armed forces are military personnel on shore leave.

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  • Balance Of Payment (current Year)

    In keeping with the IMF’s latest Balance of Payments standard (BPM6, 2009), this table provides more detailed information on Financial Account transactions, which are aimed at enhancing the understanding of the types of financing and investment associated with transactions and transfers reflected in the Current Account and Capital Account.

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  • Caricom Countries: Foreign Reserves

    Compiled from data on the Net International Reserves for Jamaica, Trinidad and Barbados.

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  • Selected Exchange Rates

    The weighted average buying and selling exchange rate of one US$ vis-a-vis the Jamaica dollar as at the last trading day in a month.

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  • Foreign Currency Accounts

    \'A\' accounts are tax free foreign currency accounts held by non-residents Deposits to foreign currency \'B\' accounts are sold to Commercial Banks and Building Societies, and the Jamaica dollar equivalent credited to the account at the existing rate of exchange. Other accounts are held by residents and subject to the ordinary tax laws of Jamaica.

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  • Private Sector Transfers

    According to the fifth edition of the Balance of Payments Manual remittances to an economy are defined primarily by ‘Workers Remittances’. Workers Remittances cover current transfers by migrants who are employed in new economies and considered residents there. The revised BOP manual proposes an expansion in the items considered remittances. Firstly, the concept ‘workers remittance’ is replaced with personal transfers. Secondly, the concepts of ‘personal remittances’, ‘total remittances’, and ‘transfers to nonprofit institutions serving households’ are introduced. Within the balance of payments framework, investments in the economy by migrants, such as bank deposits and portfolio investments are excluded from remittances.

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  • International Investment Position (IIP)

    The international investment position (IIP) data represent Jamaica’s stock of external financial assets and liabilities of the public and private sectors at a particular point in time. The difference between the stock of external assets and external liabilities is the net IIP for Jamaica.

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  • Foreign Direct Investment (FDI)

    Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. This occurs when the non-resident investor owns equity that entitles it to 10 percent or more of the voting power in the direct investment enterprise. A Direct Investor is an entity or group of related entities that is able to exercise control or a significant degree of influence over another entity that is resident of a different economy. A Direct Investment Enterprise is an entity subject to control or a significant degree of influence by a direct investor.

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  • Foreign Direct Investment By Sector

    Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. This occurs when the non-resident investor owns equity that entitles it to 10 percent or more of the voting power in the direct investment enterprise. A Direct Investor is an entity or group of related entities that is able to exercise control or a significant degree of influence over another entity that is resident of a different economy. A Direct Investment Enterprise is an entity subject to control or a significant degree of influence by a direct investor.

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