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Latest Indicators

Gross Domestic Product EST:
2.7%, Dec 2016 / Dec 2015
Consumer Price Index (CPI):
1.7%, 2017Q1 / 2016Q1
Total Population:
61,361, as of Dec 2016
Unemployment Rate:
4.2%, as at Fall 2016
Merchandise Imports ($):
2.0% 2017Q1 / 2016Q1
Balance of Payment Current Account Balance (EST) % GDP:
23.1%, Dec 2015

News

July 21,2017
Cayman’s Economy Sustained Growth in 2016

The Cayman Islands’ economic expansion remains robust with the estimated Gross Domestic Product (GDP) rising by 2.7 percent in 2016. This was the highlight of The Cayman Islands’ Annual Economic Report 2016 released by the Economics an...

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June 30,2017
Merchandise Imports Dipped by 2.0% in the First Quarter

The total value of all merchandise goods imported into the Cayman Islands in the first quarter of 2017 amounted to CI$207.8 million. This is lower by CI$4.3 million compared the same period in 2016.   The decline is attributed to a 6.1 ...

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June 30,2017
Consumer Price Index Increases by 1.7% in the First Quarter 2017

The CPI increased by 1.7 percent compared to the same quarter a year ago. The main contributors to this movement were the 9.0 percent rise in the index for restaurants and hotels, clothing and footwear that went up by 4.7 percent, and recreation a...

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May 19,2017
Merchandise Imports Expanded in 2016

In 2016, the total value of goods imported into the Cayman Islands grew by 2.8 percent to reach CI$854.2 million, compared to CI$830.9 million recorded in 2015. The growth in the value of imports was largely driven by non-petroleum imports, whi...

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May 10,2017
Annual Economic Surveys End Friday (May 12th)

Business and non-profit organizations have until end of business day Friday, May 12th 2017 to submit their completed annual business survey questionnaires to the Economics and Statistics Office (ESO). The annual Balance of Payment and System of Na...

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April 27,2017
A New Consumer Price Index Basket is Completed

The task of compiling a new Consumer Price Index (CPI) “basket” was recently completed.  The basket consists of goods and services that are monitored regularly to measure the general consumer price level and inflation rate in the ...

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April 26,2017
The Annual Economic Surveys End May 12th 2017

Business and non-profit organizations have until the end of business Friday, May 12th 2017 to submit their completed annual business survey questionnaires to the Economics and Statistics Office (ESO). The annual Balance of Payment and System of Na...

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April 05,2017
Cayman’s Employment and Labour Force Grew in October 2016

The total number of persons employed in the Cayman Islands increased to an estimated 40,411 in the October 2016 Labour Force Survey, up from 39,138 persons in the October 2015 survey, a 3.3% increase. The total number of persons comprising the ...

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March 02,2017
The Spring 2017 Labour Force Survey Starts on Sunday March 5th

The Economics and Statistics Office (ESO) will commence the Labour Force Survey (LFS) for Spring 2017 on Sunday (March 5th). The LFS seeks to collect data on the employed and unemployed persons in the Cayman Islands, as well as those who are no...

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February 23,2017
Average Consumer Price Index Fell by 0.6% in 2016

The average Consumer Price Index (CPI) declined by 0.6 percent in 2016.  The CPI for the first and second quarters declined by 2.8 and 0.8 percent, respectively, which outweighed the small growth in the last two quarters. “The decrea...

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February 23,2017
Economic expansion is estimated at 2.8 percent for the first three quarters of 2016

The Cayman Islands’ economy grew by an estimated 2.8 percent in the first nine months of 2016, higher than the 2.6 percent recorded for the corresponding period of 2015. “The continued improvement in growth is supported by a growing...

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December 16,2016
Domestic Economic Growth in 2015 Highest Since 2007

The Cayman Islands’ System of National Accounts Report 2015 which presents the economic performance of the various industries contributing to the country’s Gross Domestic Product (GDP) is released today. The GDP estimate for 2015 ba...

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December 16,2016
Consumer Price Index Increased by 0.5% in the Third Quarter of 2016

The average prices of goods and services consumed by households in the Cayman Islands, as estimated by the Consumer Price Index (CPI), increased in the third quarter of 2016 by 0.5% compared to the same period in 2015. This is the first time that ...

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December 16,2016
Report on Foreign Transactions of Residents Released

The Cayman Islands’ Balance of Payments (BOP) and International Investment Position (IIP) Report 2015 was released today. The report presents statistical summaries of the economic and financial transactions between residents of the Cayman Is...

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December 16,2016
Economy Grew by 3.0% in the First Half of 2016

The Cayman Islands’ economy grew by an estimated 3.0% in the first six months of 2016, as the first quarter growth of 2.4% further strengthened to 3.2% in the second quarter. "I am pleased to note that growth in the first half of 201...

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December 16,2016
Cayman’s Imports Increased

The total value of goods imported into the Cayman Islands grew by CI$15.3 million (or 8.6%) to reach $194.0 million in the quarter ending September 2016 in comparison to a year ago.  The importation during the quarter maintained the growth tr...

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October 18,2016
Statistics Week Counts as Fun

For 34 high school students at Wesleyan Christian Academy, dealing with statistics came across as a fun exercise this morning (Monday, 17 October 2016), the first day of activities during Statistics Week this year.

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October 17,2016
Advancing Statistics for Improving the Lives of People

Statement on Statistics Week 2016 By Hon. Marco Archer, JP Minister for Finance and Economic Development

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August 25,2016
Economic Growth Strengthened in the First Quarter

Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) is estimated to have grown by 2.4% in the first quarter of 2016.

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July 07,2016
Cayman’s Economy Sustained Growth in 2015

The country’s estimated Gross Domestic Product (GDP) at constant prices rose by 2.0 percent in 2015.

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