21, Nov 2009, CST. Welcome to the Cayman Islands economic statistics pages provided by the beta version of EconomyWatch.com’s Econ Stats database.

Economic Indicators For: Cayman Islands › Change country
National or Regional Currency: Cayman Islands Dollar, KYD
Year of data: 2008 › Change year
Number of Indicators Listed: 1
Full Dataset: From Year 1980 to 2013
Date of Last Update: 1 Sept 2009
Population: 49035 note: most of the population lives on Grand Cayman (July 2009 est.)
Area: total: 262 sq km land: 262 sq km water: 0 sq km
Natural Resources: fish, climate and beaches that foster tourism
Government Type: Cayman Islands government type
Government Ministers: Cayman Islands ministers
Capital: George Town (on Grand Cayman)
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook

With no direct tax, the islands are a thriving offshore financial center. More than 68,000 companies were registered in the Cayman Islands as of 2003, including almost 500 banks and financial institutions, 800 insurers, and 5,000 mutual investment. A stock exchange wasopen or freeed in 1997. Tourism and transportation is also a mainstay, accounting for approximately 70 per cent of Gross Domestic Product (GDP) and 75 per cent of foreign currency revenues. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 2.1 mn in 2003, with approximately half from the USA. Approximately 90 per cent of the islands' food stuffs and consumer and manufactured favourables must be imported. The Caymanians enjoy amongst the highest outputs per capita and amongst the highest standards of living internationally.
More on the Cayman Islands Economy
More on the Cayman Islands Export, Import and Trade

GDP (Current Prices, US Dollars) for Cayman Islands in year 2008 is US$ n/a Billion. Values are based upon GDP in national currency and the exchange rate projections provided by country economists for the group of other emerging market and developing countries. Exchanges rates for advanced economies are established in the WEO assumptions for each WEO exercise.

GDP Growth (Constant Prices, National Currency) for Cayman Islands in year 2008 is n/a %. Annual percentages of constant price GDP are year-on-year changes; the base year is country-specific.