June 20,2019
In 2018, the total value of goods imported into the Cayman Islands increased by 15.7%
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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

June 20,2019
In 2018, Merchandise Goods Imports recorded its strongest growth since 2005

In 2018, the total value of goods imported into the Cayman Islands increased by 15.7% to reach CI$1,058.6 million, compared to imports of $914.8 million recorded in 2017. The total value of imported non-petroleum products rose to CI$922.3 milli...

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June 20,2019
Occupational Wage Survey 2017 Report Released

The Economics and Statistics Office released today the Occupational Wage Survey 2017 Report.  The Occupational Wage Survey (OWS) was conducted across all types of businesses from October 2017 to February 2018, and among a sample of households...

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May 22,2019
Inflation Rate Slowed to 1.7% in the Fourth Quarter of 2018

The Consumer Price Index in Cayman rose by 1.7% in the fourth quarter of 2018 compared to the same period in 2017. This represents a further slowing of the inflation rate from the peak of 4.8% in the second quarter and 3.5% in the third quarter. T...

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May 22,2019
Unemployment Rate in the Second Half of 2018 Falls to 2.8%

Estimates from the Labour Force Survey (LFS) Fall 2018 show the unemployment rate (the proportion of unemployed persons to total labour force) at 2.8%, the lowest for the Cayman Islands since Fall 2006 when it was 2.6%. It is also significantly lo...

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April 12,2019
Annual Surveys on the Country’s Economic Performance Begin

The business surveys consisting of the System of National Accounts (SNA) and the Balance of Payments (BOP) surveys will run from April 8, 2019 to June 7, 2019.  The surveys which are conducted by the Economics and Statistics Office (ESO) seek...

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April 12,2019
Business Surveys on Cayman’s Economic Performance Start on April 8, 2019

The Economics and Statistics Office will commence its annual business surveys for measuring the economic performance of industries in the Cayman Islands for 2018. The survey will begin on April 8, 2019. Survey forms will be hand-delivered, mailed ...

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March 11,2019
GDP Growth in First Nine Months of 2018 Estimated at 3.6%

Robust growth in several indicators supported solid economic growth in the first nine months of 2018. Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) in real terms is estimated to have grown by 3.6% in the r...

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March 07,2019
Cayman’s Per Capita GDP Reached $67,887 in 2017

The Cayman Islands’ System of National Accounts Report 2017 which presents the economic performance or Gross Domestic Product (GDP) of the Islands is released today. The Report presents the significant results of the project conducted by ...

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March 07,2019
The Islands’ Current Account Deficit Reached $831.6 Million in 2017

The Cayman Islands’ Balance of Payments (BOP) and International Investment Position (IIP) Report 2017 shows the statistical summaries of the economic and financial transactions between residents of the Cayman Islands and the rest of the worl...

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March 05,2019
Imports Continued Strong Growth in the Third Quarter

The total value of the Cayman Islands’ importation of goods stood at $258.64 million in the third quarter of 2018, an increase of 23.3 percent over the same quarter in 2017. Importation of both non-petroleum and petroleum-related imports ...

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February 06,2019
Third Quarter 2018 Consumer Prices Increased by 3.5%

The inflation rate in the third quarter of 2018, as measured by the Consumer Price Index (CPI) for the quarter relative to the same period in 2017, is estimated at 3.5%, lower than the 4.8% inflation rate in the second quarter.  The third ...

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February 05,2019
GDP Growth in the First Half of 2018 Estimated at 3.7%

Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) in real terms is estimated to have grown by 3.7% in the first six months of 2018. The strong economic performance was contributed by all major sectors with ...

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October 19,2018
GDP Growth in the First Quarter Estimated at 4%

Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) in real terms is estimated to have grown by 4.0% in the first three months of 2018. The strong economic performance was contributed by all major sectors wit...

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October 19,2018
Importation in Second Quarter is Highest Since 2005

The total value of the Cayman Islands’ importation of merchandise goods stood at $254.00 million for the second quarter of 2018, an increase of $33.47 million or 15.2 percent over the comparative period in 2017. This growth rate is the highe...

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October 19,2018
Consumer Prices Increased by 4.8% in the Second Quarter

The inflation rate in the second quarter of 2018, as measured by the Consumer Price Index (CPI) for the quarter relative to the same period in 2017, is estimated at 4.8%.   The CPI represents the overall level of prices of consumer goods a...

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October 15,2018
Census Planning Kicks Off

With Cabinet approving the planning process for the Cayman Islands' 2020 Census of Population and Housing to be conducted by the Economics and Statistics Office (ESO), work has begun for this important national exercise. The Census Advisory...

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September 24,2018
Sunday, 30th September Marks Start of Fall 2018 Labour Force Survey

The Fall Labour Force Survey (LFS) to be conducted by the Economics and Statistics Office (ESO) begins on Sunday, 30th September 2018. The LFS seeks to collect data on employed and unemployed persons in the Cayman Islands, as well as those who ...

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September 05,2018
Unemployment Rate is Estimated at 3.4%

Estimates from the Labour Force Survey (LFS) Spring 2018 show the unemployment rate (the proportion of unemployed persons to total labour force) at 3.4%, the lowest for the Cayman Islands since Spring 2007 when it hit 3.0%. It is also significantl...

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August 02,2018
Consumer Prices Increased by 3.2 Percent in First Quarter

Consumer prices in the Cayman Islands, as measured by the Consumer Price Index (CPI), went up by 3.2 percent in the first quarter of 2018 when compared to the same quarter in 2017.   The inflation rate is traced mainly to the price increas...

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August 01,2018
Compendium of Statistics 2017 Released

The Cayman Islands’ Compendium of Statistics 2017 released today by the Economics and Statistics Office is a comprehensive collection of statistics from various public and private sector data sources covering population, demographics, social...

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