News

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...

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...

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...

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...

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...

Estimates from the Labour Force Survey (LFS) Fall 2018 show the unemployment rate (the proportion of unemployed persons to total labour force) at 2.8%, the lowest for the Cayman Islands since Fall 2006 when it was 2.6%. It is also significantly lo...

The business surveys consisting of the System of National Accounts (SNA) and the Balance of Payments (BOP) surveys will run from April 8, 2019 to June 7, 2019.  The surveys which are conducted by the Economics and Statistics Office (ESO) seek...

The Economics and Statistics Office will commence its annual business surveys for measuring the economic performance of industries in the Cayman Islands for 2018. The survey will begin on April 8, 2019. Survey forms will be hand-delivered, mailed ...

Robust growth in several indicators supported solid economic growth in the first nine months of 2018. Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) in real terms is estimated to have grown by 3.6% in the r...

The Cayman Islands’ System of National Accounts Report 2017 which presents the economic performance or Gross Domestic Product (GDP) of the Islands is released today. The Report presents the significant results of the project conducted by ...

The Cayman Islands’ Balance of Payments (BOP) and International Investment Position (IIP) Report 2017 shows the statistical summaries of the economic and financial transactions between residents of the Cayman Islands and the rest of the worl...

The total value of the Cayman Islands’ importation of goods stood at $258.64 million in the third quarter of 2018, an increase of 23.3 percent over the same quarter in 2017. Importation of both non-petroleum and petroleum-related imports ...

The inflation rate in the third quarter of 2018, as measured by the Consumer Price Index (CPI) for the quarter relative to the same period in 2017, is estimated at 3.5%, lower than the 4.8% inflation rate in the second quarter.  The third ...

Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) in real terms is estimated to have grown by 3.7% in the first six months of 2018. The strong economic performance was contributed by all major sectors with ...

Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) in real terms is estimated to have grown by 4.0% in the first three months of 2018. The strong economic performance was contributed by all major sectors wit...

The total value of the Cayman Islands’ importation of merchandise goods stood at $254.00 million for the second quarter of 2018, an increase of $33.47 million or 15.2 percent over the comparative period in 2017. This growth rate is the highe...

The inflation rate in the second quarter of 2018, as measured by the Consumer Price Index (CPI) for the quarter relative to the same period in 2017, is estimated at 4.8%.   The CPI represents the overall level of prices of consumer goods a...

With Cabinet approving the planning process for the Cayman Islands' 2020 Census of Population and Housing to be conducted by the Economics and Statistics Office (ESO), work has begun for this important national exercise. The Census Advisory...

The Fall Labour Force Survey (LFS) to be conducted by the Economics and Statistics Office (ESO) begins on Sunday, 30th September 2018. The LFS seeks to collect data on employed and unemployed persons in the Cayman Islands, as well as those who ...

Estimates from the Labour Force Survey (LFS) Spring 2018 show the unemployment rate (the proportion of unemployed persons to total labour force) at 3.4%, the lowest for the Cayman Islands since Spring 2007 when it hit 3.0%. It is also significantl...