PIOJ: Economy Recorded Modest Growth in 2nd Quarter of 2025

The Jamaican economy recorded modest growth for the second quarter of 2025.

This as the country continues its economic recovery.

According to data from the Planning Institute of Jamaica, PIOJ, the country’s gross domestic product, GDP, increased by 1.4 percent over the corresponding period of 2024.

This was driven primarily by significant gains in agriculture which outperformed its pre-hurricane Beryl growth numbers.

Chevon Campbell tells us more.

According to Director General of the Planning Institute of Jamaica, Dr. Wayne Henry, the modest growth signals the country’s continued recovery from the major weather related shocks of 2024.

Growth was driven primarily by gains in the goods producing sectors of 3.8 percent.

Agriculture was the standout performer nearing double digit gains for the quarter.

The Services Industries recorded only marginal growth of point-five percent for the same period.

Growth in this sector was led primarily by tourism as represented by Accommodation and Food Services.

This grew by 2.5 percent.

There’s also good news for the Jamaican economy’s future prospects.

The PIOJ is anticipating two to three percent growth for the next quarter.