Jamaican Economy Estimated to Have Grown 4.6% for Q3 2025

• Jamaica’s economy grew by an estimated 4.6% during the July to September 2025 quarter (Q3 2025), compared with the corresponding period in 2024, according to the Planning Institute of Jamaica (PIOJ). This is above the PIOJ’s previous expectation for Q3 growth in the range of 2%-3%. The estimated outturn largely reflected recovery from the low production experienced in Q3 2024 due to the passage of Hurricane Beryl, which caused damage estimated at J$56.7Bn and led to the 3.5% GDP decline in Q3 2024.
• For the quarter, both the goods-producing and services industries recorded growth. The goods-producing industry is estimated to have expanded by 10%, driven by increased output across all industries, while the services industry recorded a modest growth of 3%.
• For the goods-producing sector, the Agriculture, Forestry and Fishing industry grew by 23.9% based on the PIOJ’s production index, reflecting the full recovery from the effects of Hurricane Beryl. Higher production was recorded for all nine crop groups, while higher output was recorded for traditional export crops, and animal farming also increased. Mining and quarrying also grew by 3.8%, reflecting higher output in the bauxite and alumina and quarrying sub-industries. The manufacturing industry increased by an estimated 4.4% due to higher output in the food, beverages, and tobacco and other manufacturing sub-industries, while the construction industry was estimated to have grown by 4.8% reflecting estimated growth in both the building construction and other construction components of the industry.
• Meanwhile, the growth in the service industries was led by a 6.6% increase in the electricity, water supply and waste management industry, reflecting higher electricity and water consumption stemming from the recovery from the damage caused by Hurricane Beryl. The transport and storage industry grew by 5.2%. This was driven by an increase in the air transport subcomponent, reflecting a 5.6% upturn in passenger movement and growth in maritime transport activities, reflecting a 12.6% increase in total cargo handled. Finally, the accommodation and food service activities industry is estimated to have grown by 3.6%.
• Overall, for the first nine months of 2025, Jamaica’s real gross domestic product (GDP) was estimated to have increased by 2.4%. This reflected a higher real value added of 5% for the goods-producing industry and 1.6% for the services industry.

(Sources: JIS and PIOJ)