Statement on Statistics Week 2016
Hon. Marco Archer, JP
Minister for Finance and Economic Development
Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) is estimated to have grown by 2.4% in the first quarter of 2016.
The country’s estimated Gross Domestic Product (GDP) at constant prices rose by 2.0 percent in 2015.
The country’s merchandise imports in the quarter ending March 2016 amounted to CI$197.9 million,
The overall household consumption expenditure in the Cayman Islands in 2015 is estimated at $1,697.07 million.
The annual Compendium of Statistics 2015 was released today by the Economics and Statistics Office.
The overall Consumer Price Index (CPI) for the first quarter of 2016 declined by 2.8 percent when compared to the same quarter in 2015.
In 2015, the total value of goods imported into the Cayman Islands declined by 6.3 percent to settle at CI$763.0 million
The Economics and Statistics Office (ESO) will commence the Spring Labour Force Survey (LFS) for 2016 on Sunday (April 10th).
The business surveys consist of the System of National Accounts (SNA) and the Balance of Payments (BOP) surveys and will run from April 4, 2016 to May 20, 2016.
The Economics and Statistics Office is once again conducting the annual business surveys which start April 4, 2016.
The overall unemployment rate in the Cayman Islands declined to 4.2 percent in Fall 2015
Overall economic activity in the Cayman Islands’ grew by an estimated 1.6 percent in the first nine months of 2015
Overall economic activity in the Cayman Islands’ grew by an estimated 1.6 percent in the first nine months of 2015.
The first ever International Investment Position (IIP) Report for the country was released today.
For the third consecutive quarter in 2015, the total imports of the Cayman Islands fell.
The Cayman Islands’ System of National Accounts Report 2014
The Consumer Price Index (CPI) fell in the third quarter by 2.9 percent compared to the same quarter in 2014.
The Cayman Islands’ economy grew by an estimated 1.6% in the first six months of 2015