Business

Doing Business in Jamaica

  • Jamaica is the third largest English-speaking country in the Western Hemisphere and the largest in the Caribbean.

  • Jamaica boasts a labour force of 1.3 million with more than 177,580 professionals holding a degree or diploma.

  • The local time zone is aligned with North America‚Äôs Midwest and east coast consumers.

  • There is a well-developed infrastructure that includes world-class highways, airports and seaports.

  • In addition to strategic market access and lower operational costs, Jamaica offers a robust telecommunications infrastructure with built-in redundancy

Jamaica outperforms Latin America and the Caribbean region in the following Doing Business indicators:

INDICATOR

JAMAICA RANK

LATIN AMERICA AND THE CARIBBEAN (Regional Rank)

Starting a business

20

86

Protecting Investors

71

105

Resolving Insolvency

59

113

Sources: Statistical Institute of Jamaica (STATIN), Economic and Social Survey of Jamaica 2014, Bank of Jamaica and the World Bank Group's Doing Business Report 2015)