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Latest Indicators

Estimated Gross Domestic Product:
8.2%, Jan - Sept 2020 / Jan - Sept 2019
Gross Domestic Product Actual:
3.8%, Dec 2019 / Dec 2018
Average Consumer Price Index (CPI):
1.0%, 2020 / 2019
Total Population:
65,786, as of Fall 2020
Unemployment Rate:
5.2%, as at Fall 2020
Merchandise Imports ($):
8.6% Jan - Sept 2020 / Jan - Sept 2019
Balance of Payments Current Account Deficit % GDP:
18.3% of GDP, Dec 2019

News

April 07,2021
Merchandise Imports declined in 2020

The total value of the Islands’ importation of goods stood at $1,114.4 million, recording a decrease of 6.3 percent for 2020. This decline resulted from decreases in both non-petroleum as well as petroleum-related imports. Non-petroleum imports a...

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March 18,2021
Unemployment Rate for Second-Half 2020 is 5.2%

Labour market estimates from the Labour Force Survey (LFS) Fall 2020 show the unemployment rate (the proportion of unemployed persons to the total labour force) at 5.2%. The total labour force decreased by 10.5% to reach 43,922 persons. The empl...

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March 18,2021
Consumer Prices Increased on Average by 1.0 percent in 2020

The average annual Consumer Price Index (CPI) rose by 1.0 percent in 2020 when compared to a year ago. There were increases in the first two quarters of 2020: 3.0 percent in the first quarter, followed by 2.1 percent in the second quarter. Meanwhi...

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February 23,2021
Cayman’s economy contracted by an estimated 8.2% in the First Nine Months of the year

As measured by the gross domestic product (GDP) in real terms, economic activity in the Cayman Islands is estimated to have contracted by 8.2% in the first nine months of 2020. Indicators suggest that the contraction in economic activity for the...

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January 19,2021
ESO Conducts Field Work to Update the Household Register

Staff from the Economics and Statistics Office will be in various communities across all districts starting Wednesday, January 20th, 2021, collecting basic housing information necessary to update the ESO’s, Household Register. The Household Regis...

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December 21,2020
Cayman Islands’ Current Account Deficit Narrowed in 2019

The Cayman Islands’ Balance of Payments (BOP) and International Investment Position (IIP) Report 2019 shows the statistical summaries of the economic and financial transactions between residents of the Cayman Islands and the rest of the world. The...

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December 21,2020
The Domestic Economy Grew in 2019 for the Ninth Consecutive Year

The Cayman Islands’ System of National Accounts Report 2019 which presents the economic performance of the Islands using the Gross Domestic Product (GDP) is released today.

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December 16,2020
Consumer Prices Decreased by 1.6 percent in September 2020

The Consumer Price Index (CPI) fell by 1.6 percent in the third quarter of 2020 when compared to the same period in 2019. Of the twelve CPI divisions, five recorded decreases.

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December 16,2020
Merchandise Imports declined for the Third Quarter 2020

The total value of the merchandise imports declined, reflecting decreased economic activity due to the global Covid-19 pandemic. Goods Import for the third quarter stood at $296.85 million, a decrease of 10.2 percent, as non-petroleum and petroleu...

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November 05,2020
Caymans’ economy expanded by an estimated 1.9% 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 1.9% in the first three months of 2020. Indicators suggest that the growth in economic activity was broad-bas...

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September 30,2020
Cayman maintained strong growth in 2019

Driven by solid performances in wholesale and retail trade, transport, construction and tourism, the Cayman Islands’ economy recorded strong growth in 2019, with the estimated Gross Domestic Product (GDP) rising by 3.2 percent. This was the highli...

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September 30,2020
COVID-19 Passenger Departure Survey Report – August 2020 Released

The Cayman Islands’ COVID-19 Passenger Departure Survey Report released by the Economics and Statistics Office is a collection of statistics based on data collected from passengers departing the Owen Roberts International Airport between May 1 and...

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September 30,2020
Merchandise Imports declined for the Second Quarter 2020

The total value of the merchandise imports plummeted, reflecting a slump in economic activity due to the global Covid-19 pandemic. Goods Import for the second quarter stood at $186.97 million, a decrease of 32.1 percent, which emanated from the de...

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September 17,2020
Consumer Prices Increased by 1.0 percent in June 2020

The Consumer Price Index (CPI) rose by 1.0 percent in the second quarter 2020 when compared to the same period in 2019. Of the twelve CPI divisions, nine recorded increases. In the second quarter of 2020, the division food and non-alcoholic bever...

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September 07,2020
Fall 2020 Labour Force Survey Starts 27 September

The Fall Labour Force Survey (LFS) conducted by the Economics and Statistics Office (ESO) will begin on Sunday, 27 September 2020. The LFS seeks to collect data on employed and unemployed persons in the Cayman Islands, as well as those who are no...

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August 28,2020
Compendium of Statistics 2019 Released

The Cayman Islands’ Compendium of Statistics 2019 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 living ...

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August 26,2020
Statement on Postponement of Census 2020

The Population and Housing Census for 2020 conducted by the Economics and Statistics Office (ESO)  initially scheduled for October 2020 has been postponed to October 2021. The exact date in 2021 is yet to be decided. The ESO is committed to...

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August 03,2020
Merchandise Imports continued an upward trend in 2019

The total value of the Islands’ importation of goods stood at $1,183.3 million, recording an increase of 13.5 percent for 2019. This growth resulted from increases in both non-petroleum as well as petroleum-related imports. Non-petroleum imports ...

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July 22,2020
Merchandise Imports recorded growth for the first quarter of 2020

The total value of the Islands’ importation of goods stood at $288.18 million, an increase of 6.8 percent for the first quarter of 2020. This increase resulted from the growth in both non-petroleum and petroleum-related imports. Non-petroleum imp...

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June 17,2020
Unemployment Rate in the Second Half of 2019 is 3.5%

Labour market estimates from the Labour Force Survey (LFS) Fall 2019 show the unemployment rate (the proportion of unemployed persons to the total labour force) at 3.5%. The total labour force increased by 6.3% to reach 49,089 persons. The emplo...

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