12, Feb 2012, CET. 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: 2010 › Change year
Number of Indicators Listed:
Full Dataset: From Year 1980 to 2016
Date of Last Update: 1st August 2011
Population: 51,384 (July 2011 est.) note: most of the population lives on Grand Cayman
Area: total: 264 sq km land: 264 sq km water: 0 sq km
Natural Resources: fish, climate and beaches that foster tourism
Capital: name: George Town (on Grand Cayman) geographic coordinates: 19 18 N, 81 23 W time difference: UTC-5 (same time as Washington, DC during Standard Time)
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International

The Cayman Islands' tax-free status has attracted numerous banks and other companies to its shores and a stock exchange opened in 1997. The advent of modern transportation and telecommunications in the 1950s led to the emergence of what are now considered the Cayman Islands' "twin pillars" of economic development: international finance and tourism. Although Caymanians enjoy one of the highest standards of living in the world, almost all the islands' food and consumer goods are imported.
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