News

Pent-up demand and robust growth in financial services led to an expansion in domestic output for the year 2021, with real Gross Domestic Product (GDP) estimated to have expanded by 1.8 percent. This was the highlight of The Cayman Islands’ Annual...

The Consumer Price Index (CPI) increased by 12.1 percent in the second quarter of 2022 when compared to the same period in 2021. Eleven of the twelve CPI divisions recorded increases in average prices as education recorded a 0.6 percent decline. ...

Demographic Characteristics The total population in 2021 stood at 71,432, comprising 71,105 persons living in households or non-institutions and 327 persons living in institutions (including prisons and dormitories). The non-institutional popula...

The total value of the Islands’ importation of goods for the first quarter of 2022 stood at $334.9 million, an increase of 16.7 percent. This growth resulted from the rise in both non-petroleum and petroleum-related imports. Non-petroleum imports...

The Consumer Price Index (CPI) increased by 11.2 percent in the first quarter of 2022 when compared to the same period in 2021. All twelve CPI divisions recorded increases in average prices. In the first quarter of 2022, the division housing and ...

The total value of the merchandise imports grew to $326.86 for the July to September 2021 quarter, an increase of 10.1 percent over the previous corresponding quarter, with non-petroleum and petroleum & petroleum-related imports growing by 5.4 per...

The total value of the Islands’ importation of goods stood at $1,281.9 million, recording an increase of 15.0 percent for 2021. This growth resulted from increases in both non-petroleum as well as petroleum-related imports. Non-petroleum imports ...

As measured by the real gross domestic product (GDP), economic activity in the Cayman Islands is estimated to have increased by 1.7% in the first nine months of 2021. Indicators suggest that the growth in economic activity was relatively broad-b...

The Spring Labour Force Survey (LFS) conducted by the Economics and Statistics Office (ESO) will begin on Sunday, 1st May 2022. The LFS seeks to collect data on employed and unemployed persons in the Cayman Islands, as well as those who are not ...

The average annual Consumer Price Index (CPI) rose by 3.3 percent in 2021 compared to a year ago.  Following a decline in the first quarter of 2021 of 1.0 percent, there were increases in the last three quarters of 2021: 0.2 percent in the se...

The Cayman Islands’ Balance of Payments (BOP) and International Investment Position (IIP) Report 2020 shows the statistical summaries of the economic and financial transactions between residents of the Cayman Islands and the rest of the world. &nb...

The Cayman Islands’ System of National Accounts Report 2020, which presents the economic performance of the Islands using the Gross Domestic Product (GDP), is released today. The GDP estimate for 2020, which is based on data collected from busin...

The preliminary report of the 2021 Census has been published, giving details of the survey conducted from 10 October to 31 December 2021, with an additional three weeks in January 2022.   According to the preliminary report, the total popula...

The total value of the merchandise imports recorded significant growth for the second quarter of 2021 as the economy shows signs of a rebound from the effects of the Covid-19 pandemic. Goods Import for the second quarter stood at $310.87 million, ...

Economic activity in the Cayman Islands, as measured by the gross domestic product (GDP) in real terms, is estimated to have increased by 0.4% in the first three months of 2021. Indicators suggest that the growth in economic activity was largely...

As measured by the real gross domestic product (GDP), economic activity in the Cayman Islands is estimated to have increased by 1.4% in the first six months of 2021. Indicators suggest that the growth in economic activity was largely driven by i...

The Consumer Price Index (CPI) rose by 0.2 percent in the second quarter of 2021 when compared to the same period in 2020. Of the twelve CPI divisions, ten recorded increased average prices. In the second quarter of 2021, the division miscellaneo...

The Consumer Price Index (CPI) increased by 6.4 percent in the third quarter of 2021 compared to the same period in 2020. All twelve CPI divisions recorded increased average prices. The division housing and utilities recorded the largest average ...

The Cayman Islands’ Compendium of Statistics 2020, released by the Economics and Statistics Office, is a comprehensive collection of statistics from various public and private sector data sources covering population, demographics, social and livin...

Restrictive measures and a fall in global and local demand led to a reduction in Cayman’s economic activity in 2020. Real Gross Domestic Product (GDP) is estimated to have contracted by 6.7 percent for the year. This was the highlight of The Cayma...