News

Restrictive measures and a fall in global and local demand led to a reduction in Cayman’s economic activity in 2020. Real Gross Domestic Product (GDP) is estimated to have contracted by 6.7 percent for the year. This was the highlight of The Cayman I... READ MORE

The total value of the Islands’ importation of goods stood at $288.6 million, a decrease of 2.4 percent for the first quarter of 2021. This decrease resulted from the reduction in both non-petroleum and petroleum-related imports. Non-petroleum impor... READ MORE

The Consumer Price Index (CPI) fell by 1.0 percent in the first quarter of 2021 when compared to the same period in 2020. Of the twelve CPI divisions, three recorded reductions in average prices. In the first quarter of 2021, the division housing an... READ MORE

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With their animated rendition of the Census 2021 jingle, George Town Primary School students helped launch Census 2021 in Grand Cayman today, Wednesday, 26 May 2021, at the Marriott Resort. The jingle’s message urging all to be counted set the tone.... READ MORE

Census 2021 officially launched in Cayman Brac today, Friday, 21 May 2021, at a colourful celebration, marking the start of the national count’s education and publicity campaign. The event took place on the grounds of the District Administration Bui... READ MORE

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 amou... READ MORE

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 employe... READ MORE

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. Meanwhile,... READ MORE

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 fi... READ MORE