News

The Cayman Islands total labour force reached 43,545 persons as at end June 2017, representing an increase of 1,290 persons or 3.1 percent from the same period in 2016. Of the total labour force, 41,764 persons or 95.9 percent were employed whi...

The average prices of goods and services in the Cayman Islands, as estimated by the Consumer Price Index (CPI), increased by 2.2% in the second quarter of 2017 compared to the same period in 2016. The largest contributor to the increase in the ...

Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) is estimated to have grown by 2.0% in the first quarter of 2017. Indicators show that the first quarter economic performance was broad-based. The major sect...

The Cayman Islands’ Compendium of Statistics 2016 was released today by the Economics and Statistics Office. The Compendium is a comprehensive collection of statistics from various public and private sector data sources covering population, ...

The total value of the Islands’ importation of petroleum and petroleum-related products grew in the second quarter by 6.1% to reach $26.84 million. This was driven by an increase in the average price of fuel. There was also an overall increa...

The Economics and Statistics Office (ESO) will commence the Labour Force Survey (LFS) for Fall 2017 on Sunday (October 1st). The LFS seeks to collect data on the employed and unemployed persons in the Cayman Islands, as well as those who are no...

The Cayman Islands’ economic expansion remains robust with the estimated Gross Domestic Product (GDP) rising by 2.7 percent in 2016. This was the highlight of The Cayman Islands’ Annual Economic Report 2016 released by the Economics an...

The total value of all merchandise goods imported into the Cayman Islands in the first quarter of 2017 amounted to CI$207.8 million. This is lower by CI$4.3 million compared the same period in 2016.   The decline is attributed to a 6.1 ...

The CPI increased by 1.7 percent compared to the same quarter a year ago. The main contributors to this movement were the 9.0 percent rise in the index for restaurants and hotels, clothing and footwear that went up by 4.7 percent, and recreation a...

In 2016, the total value of goods imported into the Cayman Islands grew by 2.8 percent to reach CI$854.2 million, compared to CI$830.9 million recorded in 2015. The growth in the value of imports was largely driven by non-petroleum imports, whi...

Business and non-profit organizations have until end of business day Friday, May 12th 2017 to submit their completed annual business survey questionnaires to the Economics and Statistics Office (ESO). The annual Balance of Payment and System of Na...

The task of compiling a new Consumer Price Index (CPI) “basket” was recently completed.  The basket consists of goods and services that are monitored regularly to measure the general consumer price level and inflation rate in the ...

Business and non-profit organizations have until the end of business Friday, May 12th 2017 to submit their completed annual business survey questionnaires to the Economics and Statistics Office (ESO). The annual Balance of Payment and System of Na...

The total number of persons employed in the Cayman Islands increased to an estimated 40,411 in the October 2016 Labour Force Survey, up from 39,138 persons in the October 2015 survey, a 3.3% increase. The total number of persons comprising the ...

The Economics and Statistics Office (ESO) will commence the Labour Force Survey (LFS) for Spring 2017 on Sunday (March 5th). The LFS seeks to collect data on the employed and unemployed persons in the Cayman Islands, as well as those who are no...

The average Consumer Price Index (CPI) declined by 0.6 percent in 2016.  The CPI for the first and second quarters declined by 2.8 and 0.8 percent, respectively, which outweighed the small growth in the last two quarters. “The decrea...

The Cayman Islands’ economy grew by an estimated 2.8 percent in the first nine months of 2016, higher than the 2.6 percent recorded for the corresponding period of 2015. “The continued improvement in growth is supported by a growing...

The Cayman Islands’ System of National Accounts Report 2015 which presents the economic performance of the various industries contributing to the country’s Gross Domestic Product (GDP) is released today. The GDP estimate for 2015 ba...

The average prices of goods and services consumed by households in the Cayman Islands, as estimated by the Consumer Price Index (CPI), increased in the third quarter of 2016 by 0.5% compared to the same period in 2015. This is the first time that ...

The Cayman Islands’ Balance of Payments (BOP) and International Investment Position (IIP) Report 2015 was released today. The report presents statistical summaries of the economic and financial transactions between residents of the Cayman Is...