News

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 import... READ MORE

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 employed... READ MORE

Economic indicators supported robust economic growth in the first nine months of 2019. Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) in real terms is estimated to have grown by 3.4% in the review period. Th... READ MORE

Cayman Islands Economic Assessment READ MORE

The Consumer Price Index (CPI) rose by 3.0 percent in the first quarter 2020 when compared to the same period in 2019. All twelve CPI divisions recorded increases. In the first quarter of 2020, the division clothing and footwear recorded the highest... READ MORE

The input-output (I-O) table of the economy presents a comprehensive and detailed outline of the sales and purchases of goods and services among producing industries and final consumers during a particular period of time. One key feature of input-out... READ MORE

The Cayman Islands’ System of National Accounts Report 2018 which presents the economic performance of the Islands using the Gross Domestic Product (GDP) is released today. The GDP estimate for 2018 which is based on data collected from businesses... READ MORE

The Cayman Islands’ Balance of Payments (BOP) and International Investment Position (IIP) Report 2018 shows the statistical summaries of the economic and financial transactions between residents of the Cayman Islands and the rest of the world. The st... READ MORE

The Consumer Price Index (CPI) rose by 6.0 percent in the third quarter of 2019 compared to the same period in 2018. All twelve CPI divisions recorded increases. In the third quarter of 2019, the division housing and utilities recorded the highest a... READ MORE

Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) in real terms is estimated to have grown by 3.1% in the first six months of 2019. The strong economic performance was contributed by all major sectors with the... READ MORE