DOING BUSINESS IN JAMAICA

Jamaica Promotions Corporation (JAMPRO)
(Jamaica) 1-876-978-7755
(Overseas): +1-877-JAMVEST
(526.8378)
info@dobusinessjamaica.com
dobusinessjamaica.com

Doing business in JamaicaJamaica remains the premier destination to do business in the English-speaking Caribbean. The Government continues to put in place the enabling policy and infrastructure framework which contribute to the country’s consecutive record of economic growth and unprecedented 4.5% unemployment rate for April 2023.

— Shullette Cox, President
Jamaica Promotions Corporation (JAMPRO)
Doing business in Jamaica
The Kingston Waterfront, located in Jamaica’s capital city, Kingston, forms part of the world’s 7th largest natural harbor and is consistently being developed with new businesses and extensive local activities. (Photo: Digital Video Concept)

  TOP BUSINESS FACILITIES RANKING

#2 Highest GDP (Caribbean Small States)
2023 Global Rankings

From the July / August 2023 issue of Business Facilities

  TOP PROJECTS

COMPANY
INVESTMENT
Princess Hotels & Resorts
$500 million
PriceSmart
$20 million
Sagility Health
$7 million

  FAST FACTS

Population (2021): 2.8 million¹
GDP (2021): $1.74 billion¹

¹World Bank

  TARGETED GROWTH SECTORS

Agribusiness: Demand for Jamaica’s high-quality fresh produce increases globally. Available is 4.44 million hectares of agriculture land, to which the sector contributed US$1.207 billion to GDP in 2021. Exported agricultural products and processed foods earned US$413.524 million in 2021.


Global Digital Services: Jamaica is the leading outsourcing location in the English-speaking Caribbean. The industry saw expansions of existing BPO companies with significant accounts for approximately 60,000 jobs across the island.


Manufacturing: As a key component of the economy the sector accounts for 8.5% of GDP and generates export earnings US$961.3 million in 2022.

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