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Latest Indicators

Estimated Gross Domestic Product:
3.8%, Jan - Dec 2022 / Jan - Dec 2021
Gross Domestic Product Actual:
4.0%, Dec 2021
Average Consumer Price Index (CPI):
4.1%, June 2023 / June 2022
Census Population:
71,105, as of Oct 2021
2021 Life Expectancy at birth:
82.1
2021 Life Expectancy at birth - Male:
80.4
2021 Life Expectancy at birth - Female:
83.7
Estimated Population:
83,671, June 2023
Unemployment Rate:
2.4%, as at June 2023
Merchandise Imports ($):
17.4% Jan - Dec 2022 / Jan - Dec 2021
Balance of Payments Current Account Deficit % GDP:
13.6% of GDP, Dec 2021

News

August 28,2020
Compendium of Statistics 2019 Released

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 ...

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August 26,2020
Statement on Postponement of Census 2020

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...

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August 03,2020
Merchandise Imports continued an upward trend in 2019

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 ...

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July 22,2020
Merchandise Imports recorded growth for the first quarter of 2020

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...

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June 17,2020
Unemployment Rate in the Second Half of 2019 is 3.5%

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...

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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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