News

The Cayman Islands’ Balance of Payments (BOP) and International Investment Position (IIP) Report 2019 shows the statistical summaries of the economic and financial transactions between residents of the Cayman Islands and the rest of the world. The...

The Cayman Islands’ System of National Accounts Report 2019 which presents the economic performance of the Islands using the Gross Domestic Product (GDP) is released today.

The Consumer Price Index (CPI) fell by 1.6 percent in the third quarter of 2020 when compared to the same period in 2019. Of the twelve CPI divisions, five recorded decreases.

The total value of the merchandise imports declined, reflecting decreased economic activity due to the global Covid-19 pandemic. Goods Import for the third quarter stood at $296.85 million, a decrease of 10.2 percent, as non-petroleum and petroleu...

Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) in real terms is estimated to have increased by 1.9% in the first three months of 2020. Indicators suggest that the growth in economic activity was broad-bas...

Driven by solid performances in wholesale and retail trade, transport, construction and tourism, the Cayman Islands’ economy recorded strong growth in 2019, with the estimated Gross Domestic Product (GDP) rising by 3.2 percent. This was the highli...

The Cayman Islands’ COVID-19 Passenger Departure Survey Report released by the Economics and Statistics Office is a collection of statistics based on data collected from passengers departing the Owen Roberts International Airport between May 1 and...

The total value of the merchandise imports plummeted, reflecting a slump in economic activity due to the global Covid-19 pandemic. Goods Import for the second quarter stood at $186.97 million, a decrease of 32.1 percent, which emanated from the de...

The Consumer Price Index (CPI) rose by 1.0 percent in the second quarter 2020 when compared to the same period in 2019. Of the twelve CPI divisions, nine recorded increases. In the second quarter of 2020, the division food and non-alcoholic bever...

The Fall Labour Force Survey (LFS) conducted by the Economics and Statistics Office (ESO) will begin on Sunday, 27 September 2020. The LFS seeks to collect data on employed and unemployed persons in the Cayman Islands, as well as those who are no...

The Cayman Islands’ Compendium of Statistics 2019 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 living ...

The Population and Housing Census for 2020 conducted by the Economics and Statistics Office (ESO)  initially scheduled for October 2020 has been postponed to October 2021. The exact date in 2021 is yet to be decided. The ESO is committed to...

The total value of the Islands’ importation of goods stood at $1,183.3 million, recording an increase of 13.5 percent for 2019. This growth resulted from increases in both non-petroleum as well as petroleum-related imports. Non-petroleum imports ...

The total value of the Islands’ importation of goods stood at $288.18 million, an increase of 6.8 percent for the first quarter of 2020. This increase resulted from the growth in both non-petroleum and petroleum-related imports. Non-petroleum imp...

Labour market estimates from the Labour Force Survey (LFS) Fall 2019 show the unemployment rate (the proportion of unemployed persons to the total labour force) at 3.5%. The total labour force increased by 6.3% to reach 49,089 persons. The emplo...

Economic indicators supported robust economic growth in the first nine months of 2019. Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) in real terms is estimated to have grown by 3.4% in the review period. ...

Cayman Islands Economic Assessment

The Consumer Price Index (CPI) rose by 3.0 percent in the first quarter 2020 when compared to the same period in 2019. All twelve CPI divisions recorded increases. In the first quarter of 2020, the division clothing and footwear recorded the high...

The input-output (I-O) table of the economy presents a comprehensive and detailed outline of the sales and purchases of goods and services among producing industries and final consumers during a particular period of time. One key feature of input-...

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...