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Estimated Gross Domestic Product:
8.2%, Jan - Sept 2020 / Jan - Sept 2019
Gross Domestic Product Actual:
6.7%, Dec 2020 / Dec 2019
Average Consumer Price Index (CPI):
1.0%, March 2021 / March 2020
Total Population:
65,786, as of Fall 2020
Unemployment Rate:
5.2%, as at Fall 2020
Merchandise Imports ($):
2.4% Jan - Mar 2021 / Jan - Mar 2020
Balance of Payments Current Account Deficit % GDP:
18.3% of GDP, Dec 2019
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Home / News / Imports Showed Robust Growth in the First Quarter

Imports Showed Robust Growth in the First Quarter

The total value of the Islands’ importation of goods stood at $248.22 million for the first quarter of 2018.

Importation of both non-petroleum and petroleum-related imports grew, compared to the first quarter of 2017.

Non-petroleum imports amounted to $217.87 million, an increase of 7.5 percent.  Among the items that increased were various chemical products such as medicinal and pharmaceutical product, machinery, and industrial and telecommunications equipment. However, passenger motor vehicles imports fell.

Petroleum and petroleum-related imports recorded an increase of 20.0 percent to reach $30.35 million. This growth largely reflected an increase of 18.6 percent in the average price of fuel. However, there was a marginal reduction of 0.85 percent in the overall volume of mineral fuel mainly diesel fuel. 

More information on the The Cayman Islands’ Quarterly Trade Statistics Bulletin: January to March 2018,” are available at www.eso.ky