The value is expected to show an annual growth rate of 4%, resulting in a market volume of US$109.90 billion by 2028. In global comparison, most real estate value will be generated in China (US$135.70 trillion in 2024) #Jamaican #Caribbean #analytics #kingston #population

The value of the real estate market is projected to reach US$93.95 billion in 2024. Residential real estate dominates the market with a projected market volume of US$76.73 billion in 2024. #hospital #estate #real #jamaica

The construction cost for the four hospitals in this fiscal year’s budget is $11.4 billion, with an additional $16 billion allocated in next year’s budget. #Jamaican #Caribbean #analytics #kingston #population #hospital #health #care #jamaica

Jamaica’s crude birth rate, which is the number of annual live births per 1,000 population, declined by 10.2 percentage points from 21.7 per 1000 population in 2000 to 11.4 per 1000 population in 2022. #Jamaican #Caribbean #analytics #kingston #population #inflation #birth #rate

Meanwhile, costs increased for housing & utilities (3% vs 0.2%) and transport (10.1% vs 9.6%), while remained steady for health (at 4.2%) and education (at 15.7%). Monthly, the CPI fell by 0.5% in March, following a 0.6% drop in February #inflation #gdp #economy #jamaica

Additionally, prices softened for information & communication (5.3% vs 5.7%), recreation, sport & culture (4.9% vs 5.4%), restaurants & accommodation services (7.1% vs 8.2%), and personal care social protection, miscellaneous goods & services (4.1% vs 4.2%).

This marked the lowest reading since October 2023, as prices softened for food & non-alcoholic beverages (4.8% vs 7.7% in February), alcoholic beverages & tobacco (4.4% vs 4.5%), clothing & footwear (3.7% vs 3.9%), furnishings, household equipment & maintenance (9.7% vs 10%).

The annual inflation rate in Jamaica further eased to 5.6% in March 2024, from 6.3% in the previous month. #Jamaican #Caribbean #analytics #kingston #population #inflation #gdp #economy #jamaica

Not Like Us,” a West Coast-inspired song, broke Spotify’s single-day global streaming record for a solo Hip-Hop act with over 11.8 million streams on Tuesday. #Jamaican #Caribbean #analytics #kingston #population #children #hiphop #kendrick #drake #streams #rap

Net remittance inflows of US$228.3 million for January 2024, represented a decline of 1.7 per cent or US$ 3.8 million in comparison to January 2023. #Jamaican #Caribbean #analytics #kingston #population #children #family #remittances #parents #billions #medals #gold #olympics

Persons based overseas sent US$3.13 billion in remittances to Jamaicans in 2023, which equated to a 2%, or the largest slide in at least a decade, according to Bank of Jamaica (BOJ) data. The decline comes within the wider growth in the region. #Jamaica #analytics #remittances

Jamaica has won 26 gold medals in the Olympics - in total 31 Jamaican athletes have won a gold medal. #Jamaican #Caribbean #analytics #kingston #population #children #students #school #medals #gold #olympics

United Oil and Gas values Jamaica's largest oil repository at J$3.5 trillion (US$23 billion). It needs to confirm the substance's oil nature and invest in ocean floor excavation for core samples. #Jamaican #oil #offshore #investment #transformation #USA

Jamaica has won 88 Olympic medals 86 of them in track & field athletics, led by its outstanding sprinters. #Jamaican #Caribbean #analytics #kingston #population #children #students #school #bolt #fraser #olympics #transformation

The government has executed the digitization of 1.4 million civil registration documents. This digital repository will encompass birth, death, marriage, adoption, and deed poll records, facilitating seamless online services. #Jamaican #analytics #digital #transformation

Digital Jamaica, a €9.5M (JMD $159M) programme aimed at increasing access to and use of information and communications technologies (ICT) to support the country’s transition to a digital economy and society was launched on Tuesday (October 10, 2023). #digital #transformation

The UNICEF study also found that 79% of students in Jamaica witness violence in the home or community. #Jamaican #Caribbean #analytics #kingston #population #children #students #school #UNICEF #community #violence #home

A study showed 65% of Jamaican students are bullied, and 79% witness violence. Education Minister Fayval Williams attributes this to psychosocial issues like family problems, depression, anxiety, substance abuse, sexual abuse, and community violence in schools. #students #UNICEF

A UNICEF 2018 study revealed that around 80% (about 300,000) of Jamaican children face physical or physiological violence as discipline. Additionally, 65% of students are bullied in school, and 79% witness violence at home or in the community. #population #child #students #pioj

Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, says persons falling within the country’s working-age range of 15 to 64 years now stand at 69.7 per cent of the overall population of 2.9 million. #Jamaica #datanalytics #population #work #pioj