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Latest Indicators

Estimated Gross Domestic Product:
8.2%, Jan - Sept 2020 / Jan - Sept 2019
Gross Domestic Product Actual:
3.8%, Dec 2019 / Dec 2018
Average Consumer Price Index (CPI):
1.0%, 2020 / 2019
Total Population:
65,786, as of Fall 2020
Unemployment Rate:
5.2%, as at Fall 2020
Merchandise Imports ($):
8.6% Jan - Sept 2020 / Jan - Sept 2019
Balance of Payments Current Account Deficit % GDP:
18.3% of GDP, Dec 2019

News

June 17,2020
GDP Growth in First Nine Months of 2019 Estimated at 3.4%

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. ...

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June 16,2020
Cayman Islands' COVID-19 Economic Assessment and Stimulus Plan

Cayman Islands Economic Assessment

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June 01,2020
Consumer Prices Increased by 3.0 percent in 2020

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...

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June 01,2020
Cayman Islands’ Publishes its first Input-Output Table and Economic Multipliers

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-...

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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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