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Latest Indicators

Projected Gross Domestic Product:
3.6%, September 2018 / September 2017
Gross Domestic Product Actual:
3.0%, Dec 2017 / Dec 2016
Average Consumer Price Index (CPI):
3.3 %, 2018 / 2017
Total Population:
65,813, as of Fall 2018
Unemployment Rate:
2.8%, as at Fall 2018
Merchandise Imports ($):
15.7% December 2018 / December 2017
Balance of Payments Current Account Deficit (EST) % GDP:
32.1%, Dec 2017

News

October 15,2015
Global Oil Price Reduction Continued to Cut Cayman’s Imports Payments

Total payments for imports by residents of the Cayman Islands continued its downward trend in the second quarter.

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October 15,2015
Underemployment Rate Declined as Unemployment Rate Inched Up in Spring 2015

The underemployment rate among residents fell in Spring 2015 to 2.5 percent from 2.9 percent in Fall 2014.

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October 14,2015
Underemployment Rate Declined as Unemployment Rate Inched Up in Spring 2015

The underemployment rate among residents fell in Spring 2015 to 2.5 percent from 2.9 percent in Fall 2014.

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October 01,2015
The Fall 2015 Labour Force Survey Starts on Sunday October 4th

The Economics and Statistics Office (ESO) will commence the 2015 Fall Labour Force Survey (LFS) on Sunday October 4th.

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September 15,2015
Domestic Economy Sustains Growth in the First Quarter

The Cayman Islands economy is estimated to have grown by 1.4 percent in the first quarter.

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September 15,2015
Consumer Price Index Continued to Decline in the Second Quarter

The Consumer Price Index (CPI) fell anew in the second quarter, this time by 3.6 percent.

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July 15,2015
Consumer Price Index Recorded a Decline in the First Quarter

The Consumer Price Index (CPI) fell by 0.4 percent in the first quarter of 2015.

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July 15,2015
Cayman’s Economy Expands in 2014 to its Highest Growth Since 2007

The country’s estimated Gross Domestic Product (GDP) at constant prices rose by 2.1 percent in 2014.

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July 15,2015
Compendium of Statistics Shows School Enrolment Rebounded in 2014

The Annual Compendium of Statistics 2014 was released today by the Economics and Statistics Office.

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July 15,2015
Global Oil Price Decline Brought Down Merchandise Imports in the First Quarter

The total value of all merchandise goods imported into the Cayman Islands in the first quarter of 2015 amounted to CI$176.9 million.

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April 29,2015
Annual Surveys on the Country’s Economic Performance Continues

The Economics and Statistics Office (ESO) is urging local businesses to fill out and return questionnaires

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April 27,2015
Merchandise Imports in 2014 Increased to Highest Level in Six Years

The total value of merchandise goods imported into the Cayman Islands in 2014 reached CI$813.3 million,

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April 17,2015
Semi-Annual Labour Force Survey Resumes on April 26th

Beginning this year, the Labour Force Survey reverts to its twice- a-year schedule

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March 23,2015
Annual Surveys on the Country’s Economic Performance Begin

The annual surveys covering all entities that produce goods and services in the Cayman Islands will commence on March 30, 2015 and end on May 15, 2015.

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March 17,2015
Unemployment rate fell to 4.7 percent as Employment Grew in 2014

The overall unemployment rate in the Cayman Islands was 4.7 percent in 2014.

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March 11,2015
Average Inflation Rate Up by 1.3% in 2014

The Consumer Price Index (CPI) recorded an average annual inflation rate of 1.3 percent.

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March 11,2015
Local Economy on Track to Record Strongest GDP Growth Since 2008

Overall economic activity in the Cayman Islands’ grew by an estimated 2.3 percent in the first nine months of 2014.

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January 20,2015
Public Consultation on the Amendments to the Statistics Law (2011 Revision)

In a consultation opening today, the Ministry of Finance and Economic Development is proposing changes to the Statistics Law (2011 Revision)

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January 07,2015
Household Budget Survey 2015 Starts

The Economics & Statistics Office (ESO) will be conducting the year-long Household Budget Survey (HBS) 2015 starting Sunday January 11, 2015.

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December 15,2014
Household Budget Survey Starts in January

Finance and Economic Development Minister Hon. Marco Archer announced the launch of HBS 2015 at a press conference on Friday (12 December 2014).

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