Cayman Islands: Economy

Economic Trivia

Over 93,000 financial companies have been registered in the Cayman Islands.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2015): United States, Bahamas, and Denmark
Top 3 Exported Goods: Data unavailable

Top Industries Source: CIA World Factbook

Tourism; Banking; Insurance and Finance; Construction

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $2,823,463,452 (2011)
GDP Growth Rate (annual %) 5.305% (1994)
GDP Per Capita, PPP (current international) $49,902 (2011)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 172/193 (2011)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) Data unavailable
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) Data unavailable
Real Interest Rate (5 year average %) Data unavailable
Manufacturing, value added (% of GDP) 0.889% (2012)
Current Account Balance (BoP, current US$) Data unavailable
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total Data unavailable
Employment in Agriculture (% of total employment) 0.8% (2013)
Employment in Industry (% of total employment) 15.5% (2013)
Employment in Services (% of total employment) 83.6% (2013)
Unemployment Rate 4% (2008)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) Data unavailable
Exports of goods and services (current US$) Data unavailable
Total Merchandise Trade (% of GDP) Data unavailable
FDI, net inflows (BoP, current US$) $18,987,382,000 (2015)
Commercial Service Exports (current US$) Data unavailable
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Cayman Islands’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary