A tale of two Islands. Will the cost of Melissa reach or exceed Jamaica’s entire GDP?

JAMAICA / BAHAMAS - Report 02 Dec 2025 by Keith Collister

Since its independence, Jamaica has never faced a physical and financial challenge of the magnitude of Hurricane Melissa, and it will take time and unprecedented amounts of money to build back better as the damage may indeed ultimately be near the country’s entire GDP. The announcement by the combined development community of support up to US$6.7 billion, a previously unimagined level of support, is therefore perfectly timed to stabilize confidence.

In this report, we look at the estimates of the damage caused by Hurricane Melissa, especially in the tourist industry, and the prospects for Jamaica's recovery and growth over the medium term.

Now read on...

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