News

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 and... READ MORE

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 Co... READ MORE

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 are... READ MORE

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 significantly l... READ MORE

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 increases... READ MORE

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 an... READ MORE

Driven by solid performances in tourism, construction and financial services, the Cayman Islands’ economy recorded strong growth in 2017, with the estimated Gross Domestic Product (GDP) rising by 2.9 percent. This was the highlight of The Cayma... READ MORE

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 import... READ MORE

In 2017, the total value of goods imported into the Cayman Islands increased by 2.7% to reach CI$876.0 million, compared to $852.6 million recorded in 2016. The growth in the value of imports was largely driven by higher petroleum imports, which w... READ MORE

  The Current State of Cayman’s Economy READ MORE