March 24,2020
In view of the latest situation concerning the Coronavirus (COVID-19) and to comply with the Government’s directive announced on March 24th: Our office will be closed from March 25th 2020 and will reopen April 6th 2020. During this closure, we will occasionally be accessing our emails which could result in delayed responses. For general office queries and/or data request please contact The Director, Adolphus Laidlow, at [email protected] or our emergency hotline at 1(345)516-3329. Do your part to save lives. We ask that all persons comply with the curfew and regulations as stated by the Cayman Islands Government. For official information on the Coronavirus visit Gov.ky #stayhomesavelives
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Latest Indicators

Projected Gross Domestic Product:
3.1%, Jan - June 2019 / Jan - June 2018
Gross Domestic Product Actual:
4.1%, Dec 2018 / Dec 2017
Average Consumer Price Index (CPI):
5.7%, 2019 / 2018
Total Population:
68,076, as of Spring 2019
Unemployment Rate:
3.0%, as at Spring 2019
Merchandise Imports ($):
17.3% Jan - Sept 2019 / Jan - Sept 2018
Balance of Payments Current Account Deficit (EST) % GDP:
18.7% of GDP, Dec 2018

News

March 24,2020
ESO's COVID-19 Measures - Services still offered while the office is closed

In view of the latest situation concerning the Coronavirus (COVID-19) and to comply with the Government’s directive announced on March 24th: Our office will be closed from March 25th 2020 and will reopen April 6th 2020. During this closure, we wi...

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March 17,2020
GDP Growth in the First Half of the year Estimated at 3.1%

Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) in real terms is estimated to have grown by 3.1% in the first six months of 2019. The strong economic performance was contributed by all major sectors with t...

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March 17,2020
Inflation Rate Moved up 6.0% in the Third Quarter of 2019

The Consumer Price Index (CPI) rose by 6.0 percent in the third quarter of 2019 compared to the same period in 2018. All twelve CPI divisions recorded increases. In the third quarter of 2019, the division housing and utilities recorded the highes...

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March 17,2020
Domestic Economic Growth in 2018 is Highest Since 2007

The Cayman Islands’ System of National Accounts Report 2018 which presents the economic performance of the Islands using the Gross Domestic Product (GDP) is released today. The GDP estimate for 2018 which is based on data collected from business...

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March 17,2020
Cayman Islands’ Current Account Deficit Widened to $858.0 Million in 2018

The Cayman Islands’ Balance of Payments (BOP) and International Investment Position (IIP) Report 2018 shows the statistical summaries of the economic and financial transactions between residents of the Cayman Islands and the rest of the world. The...

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March 17,2020
Strong growth in Merchandise Imports for the Third Quarter 2019

The total value of the Islands’ importation of goods stood at $329.18 million, recording an increase of 28.8 percent for the third quarter of 2019. This growth resulted from increases in both non-petroleum and petroleum-related imports. Non-petro...

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March 17,2020
Consumer Prices Increased on Average by 5.7 percent in 2019

The average annual Consumer Price Index (CPI) rose by 5.7 percent in 2019 when compared to a year ago. There were increases in all quarters throughout 2019: 4.5 percent in the first quarter, followed by 3.8 percent, 6.0 percent, and 8.4 percent in...

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March 06,2020
Spring 2020 Labour Force Survey Starts Sunday, March 8, 2020

The Spring Labour Force Survey (LFS) conducted by the Economics and Statistics Office (ESO) will begin on Sunday, 8th March 2020. The LFS seeks to collect data on employed and unemployed persons in the Cayman Islands, as well as those who are no...

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December 12,2019
Inflation Rate Move up to 3.4% in the Second Quarter of 2019

The Consumer Price Index in Cayman rose by 3.4 percent in the second quarter of 2019 compared to the same period in 2018. Most of the CPI divisions recorded increases except Transport and Miscellaneous Good and Services.  This represents an i...

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December 12,2019
Sustained Growth in Merchandise Imports for the Second Quarter 2019

The total value of the Islands’ importation of goods stood at $274.75 million, recording an increase of 10.4 percent for the second quarter of 2019. This growth resulted from the increase in both non-petroleum and petroleum-related imports. Non-p...

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December 12,2019
Caymans’ economy expanded by an estimated 3.0% in the First Quarter

Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) in real terms is estimated to have grown by 3.0% in the first three months of 2019. Indicators show that the economic performance was broad-based, led by exp...

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November 14,2019
Unemployment Rate in the First Half of 2019 is 3.0%

Estimates from the Labour Force Survey (LFS) Fall 2018 show the unemployment rate (the proportion of unemployed persons to total labour force) at 3.0%. It is lower when compared to the unemployment rates in Spring 2018 (3.4%) but slightly higher t...

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October 09,2019
Message from the Secretary-General, Caribbean Community (CARICOM) Ambassador Irwin Larocque

ON THE OCCASION OF THE ELEVENTH OBSERVANCE OF CARIBBEAN STATISTICS DAY 15 OCTOBER 2019

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September 11,2019
Compendium of Statistics 2018 Released

Compendium of Statistics 2018 Released The Cayman Islands’ Compendium of Statistics 2018 released by the Economics and Statistics Office is a comprehensive collection of statistics from various public and private sector data sources covering popu...

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September 04,2019
Inflation Rate Move up to 4.5% in the First Quarter of 2019

The Consumer Price Index in Cayman rose by 4.5 percent in the first quarter of 2019 compared to the same period in 2018. Most of the CPI divisions recorded increases except Transport and Miscellaneous Good and Services.  This represents an in...

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September 04,2019
Merchandise Imports Continued to trend upwards

The total value of the Islands’ importation of goods stood at $271.34 million, recording an increase of 11.2 percent for the first quarter of 2019.  This increase resulted from the growth in both non-petroleum and petroleum-related impo...

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September 04,2019
Cayman grew even stronger in 2018

Driven by solid performances in construction, tourism and financial services, the Cayman Islands’ economy recorded strong growth in 2018, with the estimated Gross Domestic Product (GDP) rising by 3.3 percent. This was the highlight of The Ca...

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June 20,2019
In 2018, Merchandise Goods Imports recorded its strongest growth since 2005

In 2018, the total value of goods imported into the Cayman Islands increased by 15.7% to reach CI$1,058.6 million, compared to imports of $914.8 million recorded in 2017. The total value of imported non-petroleum products rose to CI$922.3 milli...

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June 20,2019
Occupational Wage Survey 2017 Report Released

The Economics and Statistics Office released today the Occupational Wage Survey 2017 Report.  The Occupational Wage Survey (OWS) was conducted across all types of businesses from October 2017 to February 2018, and among a sample of households...

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May 22,2019
Inflation Rate Slowed to 1.7% in the Fourth Quarter of 2018

The Consumer Price Index in Cayman rose by 1.7% in the fourth quarter of 2018 compared to the same period in 2017. This represents a further slowing of the inflation rate from the peak of 4.8% in the second quarter and 3.5% in the third quarter. T...

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