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Latest Indicators

Estimated Gross Domestic Product:
3.8%, Jan - Mar 2022 / Jan - Mar 2021
Gross Domestic Product Actual:
5.7%, Dec 2020
Average Consumer Price Index (CPI):
12.1%, June 2022 / June 2021
Census Population:
71,105, as of Oct 2021
Unemployment Rate:
5.7%, as at Oct 2021
Merchandise Imports ($):
16.7% Jan - Mar 2022 / Jan - Mar 2021
Balance of Payments Current Account Deficit % GDP:
18.0% of GDP, Dec 2020

News

November 03,2022
Compendium of Statistics 2021 Released

The Cayman Islands’ Compendium of Statistics 2021, 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 livin...

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September 30,2022
Fall 2022 Labour Force Survey Starts Sunday, 2nd October 2022

The Fall Labour Force Survey (LFS) conducted by the Economics and Statistics Office (ESO) will begin on Sunday, 2nd October 2022. The LFS seeks to collect data on employed and unemployed persons in the Cayman Islands, as well as those who are not...

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September 29,2022
Tourism recovery drives 3.8% growth in Caymans’ economy for the first quarter of 2022

Economic activity in the Cayman Islands, as measured by the gross domestic product (GDP) in real terms, is estimated to have increased by 3.8% in the first three months of 2022. Indicators suggest that the growth in economic activity was broad-b...

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September 29,2022
Merchandise Imports showed growth in second quarter 2022

The total value of merchandise imports increased for the second quarter of 2022 as the economy showed continued growth. Imports for the second quarter stood at $387.56 million, an increase of 25.2 percent, resulting from higher imports of both N...

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September 29,2022
Unemployment Rate for the First-Half of 2022 is 3.0%

Labour market estimates from the Labour Force Survey (LFS) Spring 2022 show the unemployment rate (the proportion of unemployed persons to the total labour force) at 3.0%. The total labour force increased by 11.7% to reach 54,398 persons. The em...

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September 01,2022
Cayman’s economy shows partial recovery from Covid-19 slump in 2021

Pent-up demand and robust growth in financial services led to an expansion in domestic output for the year 2021, with real Gross Domestic Product (GDP) estimated to have expanded by 1.8 percent. This was the highlight of The Cayman Islands’ Annual...

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August 03,2022
Consumer Prices Increased by 12.1 percent in Second Quarter 2022

The Consumer Price Index (CPI) increased by 12.1 percent in the second quarter of 2022 when compared to the same period in 2021. Eleven of the twelve CPI divisions recorded increases in average prices as education recorded a 0.6 percent decline. ...

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July 28,2022
The Cayman Islands’ 2021 Census of Population and Housing

Demographic Characteristics The total population in 2021 stood at 71,432, comprising 71,105 persons living in households or non-institutions and 327 persons living in institutions (including prisons and dormitories). The non-institutional popula...

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June 10,2022
Merchandise imports increase for the first three months of 2022

The total value of the Islands’ importation of goods for the first quarter of 2022 stood at $334.9 million, an increase of 16.7 percent. This growth resulted from the rise in both non-petroleum and petroleum-related imports. Non-petroleum imports...

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June 07,2022
Consumer Prices Increased by 11.2 percent in March 2022

The Consumer Price Index (CPI) increased by 11.2 percent in the first quarter of 2022 when compared to the same period in 2021. All twelve CPI divisions recorded increases in average prices. In the first quarter of 2022, the division housing and ...

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May 25,2022
Merchandise Imports continue growth for 2021 Third Quarter

The total value of the merchandise imports grew to $326.86 for the July to September 2021 quarter, an increase of 10.1 percent over the previous corresponding quarter, with non-petroleum and petroleum & petroleum-related imports growing by 5.4 per...

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May 25,2022
Merchandise Imports rebound in 2021

The total value of the Islands’ importation of goods stood at $1,281.9 million, recording an increase of 15.0 percent for 2021. This growth resulted from increases in both non-petroleum as well as petroleum-related imports. Non-petroleum imports ...

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May 25,2022
Caymans’ economy expanded by an estimated 1.7% in the nine months of 2021

As measured by the real gross domestic product (GDP), economic activity in the Cayman Islands is estimated to have increased by 1.7% in the first nine months of 2021. Indicators suggest that the growth in economic activity was relatively broad-b...

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May 01,2022
Spring 2022 Labour Force Survey Starts Sunday, 1st May 2022

The Spring Labour Force Survey (LFS) conducted by the Economics and Statistics Office (ESO) will begin on Sunday, 1st May 2022. The LFS seeks to collect data on employed and unemployed persons in the Cayman Islands, as well as those who are not ...

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March 30,2022
Consumer Prices Increased on Average by 3.3 percent in 2021

The average annual Consumer Price Index (CPI) rose by 3.3 percent in 2021 compared to a year ago.  Following a decline in the first quarter of 2021 of 1.0 percent, there were increases in the last three quarters of 2021: 0.2 percent in the se...

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March 30,2022
Cayman Islands’ Current Account Deficit widened in 2020

The Cayman Islands’ Balance of Payments (BOP) and International Investment Position (IIP) Report 2020 shows the statistical summaries of the economic and financial transactions between residents of the Cayman Islands and the rest of the world. &nb...

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March 30,2022
The Domestic Economy Declined in 2020 after Nine Consecutive Years of Growth

The Cayman Islands’ System of National Accounts Report 2020, which presents the economic performance of the Islands using the Gross Domestic Product (GDP), is released today. The GDP estimate for 2020, which is based on data collected from busin...

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February 24,2022
Preliminary 2021 Census Report Published

The preliminary report of the 2021 Census has been published, giving details of the survey conducted from 10 October to 31 December 2021, with an additional three weeks in January 2022.   According to the preliminary report, the total popula...

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February 02,2022
Merchandise Imports rebound from a year ago

The total value of the merchandise imports recorded significant growth for the second quarter of 2021 as the economy shows signs of a rebound from the effects of the Covid-19 pandemic. Goods Import for the second quarter stood at $310.87 million, ...

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December 20,2021
Caymans’ economy expanded by an estimated 0.4% 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 increased by 0.4% in the first three months of 2021. Indicators suggest that the growth in economic activity was largely...

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