March 24,2020
In view of the latest situation concerning the Coronavirus (COVID-19) and to comply with the Government’s directive to close all non-essential businesses; Our office will be closed from March 25th 2020 until further notice. During this closure, we will occasionally be accessing our emails which could result in delayed responses. For general office queries and/or data request please contact The Director, Adolphus Laidlow, at [email protected] or our emergency hotline at 1(345)516-3329. Do your part to save lives. We ask that all persons comply with the curfew and regulations as stated by the Cayman Islands Government. For official information on the Coronavirus visit gov.ky/coronavirus. #stayhomesavelives
More News

Site Help?

Latest Indicators

Projected Gross Domestic Product:
3.1%, Jan - June 2019 / Jan - June 2018
Gross Domestic Product Actual:
4.1%, Dec 2018 / Dec 2017
Average Consumer Price Index (CPI):
5.7%, 2019 / 2018
Total Population:
68,076, as of Spring 2019
Unemployment Rate:
3.0%, as at Spring 2019
Merchandise Imports ($):
17.3% Jan - Sept 2019 / Jan - Sept 2018
Balance of Payments Current Account Deficit (EST) % GDP:
18.7% of GDP, Dec 2018
Home / News / The Cayman Islands’ 2011 Third Quarter Economic Report

The Cayman Islands’ 2011 Third Quarter Economic Report

"The Cayman Islands’ economy continues to record positive growth in the first nine months of the 2011 calendar year."

The Cayman Islands’ economy continues to record positive growth in the first nine months of the 2011 calendar year. The growth achieved in the January to September period on an annualized basis was 1.2 percent as compared to a contraction of 5.8 percent a year ago.

Annual GDP growth for the entire calendar year is projected at 1.2 percent.

Among the sectors, the performance of the hotels and restaurants, and real estate, renting and business services stood out as these were estimated to have grown by 7.5 percent and 3.4 percent respectively. These services are supported by the continuing strength of air arrivals and increased real estate and business services activities.

The Honourable Premier and Minster for Finance, Mr McKeeva Bush stated: ⫿The improved performance of the Cayman Islands economy in the first nine months points to the vigilance of the government in supporting the private sector in staging a turn-around from the recent down-turn in economic activity. However, we, as the government and as a people, must continue to press ahead to ensure that the recovery strengthens and broadens to benefit all economic sectors, given the increased economic uncertainly that is currently prevailing in the global economy.???
Third Quarter Economic Report