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 (2021): United States, Jamaica, and United Kingdom
Top 3 Exported Goods (2021): Electrical Machinery, Iron & Steel, and Items nesoi

Top Industries Source: CIA World Factbook

Tourism; Banking; Insurance and Finance; Construction

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $5,217,905,004 (2021)
GDP Growth Rate (annual %) 4.029% (2021)
GDP Per Capita, PPP (current international) $76,581 (2021)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 171/197 (2021)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) -0.625% (2016)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) Data unavailable
Real Interest Rate (5 year average %) Data unavailable
Manufacturing, value added (% of GDP) 1.008% (2021)
Current Account Balance (BoP, current US$) ($763,555,773) (2020)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total Data unavailable
Employment in Agriculture (% of total employment) 0.62% (2015)
Employment in Industry (% of total employment) 12.94% (2015)
Employment in Services (% of total employment) 86.1% (2015)
Unemployment Rate 4% (2008)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $2,592,370,369 (2020)
Exports of goods and services (current US$) $3,372,493,490 (2020)
Total Merchandise Trade (% of GDP) 25.961% (2021)
FDI, net inflows (BoP, current US$) $24,590,019,850 (2022)
Commercial Service Exports (current US$) $3,038,311,109 (2020)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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


  1. The World Bank