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Latest Indicators

Estimated Gross Domestic Product:
1.7%, Jan - Sept 2021 / Jan - Sept 2020
Gross Domestic Product Actual:
5.7%, Dec 2020
Average Consumer Price Index (CPI):
7.6%, Dec 2021 / Dec 2020
Preliminary Census Population:
69,656, as of Fall 2021
Unemployment Rate:
5.2%, as at Fall 2020
Merchandise Imports ($):
16.7% Jan - Mar 2022 / Jan - Mar 2021
Balance of Payments Current Account Deficit % GDP:
18.0% of GDP, Dec 2020
Census Portal - [ESO Staff Only]
Home / News / Unemployment rate fell to 4.7 percent as Employment Grew in 2014

Unemployment rate fell to 4.7 percent as Employment Grew in 2014

"The overall unemployment rate in the Cayman Islands was 4.7 percent in 2014."

The overall unemployment rate in the Cayman Islands was 4.7 percent in 2014. The unemployment rate among Caymanians was estimated at 7.9 percent, this is lower than the 9.4 percent recorded in 2013 and for non-Caymanians the rate was 1.5% down from 3.1% in 2013.

⫿I am pleased that the labour market improved last year, and progress is expected this year towards further reducing the overall unemployment rate??? notes the Minister for Finance and Economic Development Minister, Hon. Marco Archer.

The final results of the 2014 Labour Force Survey, released today by the Economics and Statistics Office, presents data on Cayman’s labour force, unemployment rate, and persons who are not economically active.