Cayman Islands recorded a trade deficit of 1026.30 KYD Million in 2018. Balance of Trade in Cayman Islands averaged -401.43 KYD Million from 1971 until 2018, reaching an all time high of -8.40 KYD Million in 1971 and a record low of -1026.30 KYD Million in 2018. The Cayman Islands run consistent trade deficits as the country imports most of what it consumes. The Cayman Islands mostly exports aircraft, transportation vessels, recreational vehicles, fuel, jewellery and paintings. The Cayman Islands mostly imports recreational vehicles, coal, transportation vehicles, aircraft, fuel, soybeans, natural gas, jewellery and furniture. The Cayman Islands’ main trading partner is the United States, accounting for over 80 percent of total trade. Others include Germany, Switzerland, the United Kingdom, Jamaica and Mexico. This page provides - Cayman Islands Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Cayman Islands increased to 32.30 KYD Million in 2018 from 32.20 KYD Million in 2017. Exports in Cayman Islands averaged 11.37 KYD Million from 1971 until 2018, reaching an all time high of 54 KYD Million in 2015 and a record low of 0.20 KYD Million in 1975. The Cayman Islands mostly exports aircraft, transportation vessels, recreational vehicles, fuel, jewellery and paintings. The Cayman Islands’ main exports partners are Spain, France, Malta, Poland, the United Kingdom, Italy, Iceland, Switzerland and Guyana. This page provides - Cayman Islands Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of unemployed persons in Cayman Islands decreased to 1291 in 2018 from 2085 in 2017. Unemployed Persons in Cayman Islands averaged 1650.24 from 1996 until 2018, reaching an all time high of 2413 in 2013 and a record low of 895 in 1997. This page provides - Cayman Islands Unemployed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of employed persons in Cayman Islands increased to 44887 in 2018 from 40856 in 2017. Employed Persons in Cayman Islands averaged 33066.81 from 1996 until 2018, reaching an all time high of 44887 in 2018 and a record low of 19370 in 1996. This page provides - Cayman Islands Employed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cayman Islands recorded a Current Account deficit of 706.30 KYD Million in 2018. Current Account in Cayman Islands averaged -578.93 KYD Million from 2006 until 2018, reaching an all time high of -409.60 KYD Million in 2010 and a record low of -1070.50 KYD Million in 2014. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Cayman Islands Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cayman Islands recorded a Current Account deficit of 15.50 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Cayman Islands averaged -20.05 percent from 2005 until 2018, reaching an all time high of -13.80 percent in 2015 and a record low of -38.80 percent in 2014. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Cayman Islands Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cayman Islands recorded a government debt equivalent to 9.20 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Cayman Islands averaged 14.12 percent from 2000 until 2018, reaching an all time high of 24.50 percent in 2011 and a record low of 7.50 percent in 2000. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Cayman Islands Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Tourist Arrivals in Cayman Islands increased to 463.30 Thousand in 2018 from 418.40 Thousand in 2017. Tourist Arrivals in Cayman Islands averaged 335.85 Thousand from 1995 until 2018, reaching an all time high of 463.30 Thousand in 2018 and a record low of 167.80 Thousand in 2005. This page provides - Cayman Islands Tourist Arrivals - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Cayman Islands was recorded at 3.40 percent in the second quarter of 2019. Inflation Rate in Cayman Islands averaged 1.78 percent from 2001 until 2019, reaching an all time high of 11.40 percent in the first quarter of 2005 and a record low of -3.60 percent in the second quarter of 2015. In Cayman Islands, the most important category in the consumer price index is Housing and Utilities (39.4 percent of total weight). Miscellaneous Goods and Services accounts for 13 percent; Transport for 9.6 percent; Food and Non-Alcoholic Beverages for 8 percent; Communication for 7 percent and Furniture, Household Goods and Maintenance for 5.6 percent. Recreation and Culture; Restaurants and Hotels; Clothing and Footwear; Education; Health and Alcoholic beverages and Tobacco account for the remaining 17.4 percent of total weight. This page provides - Cayman Islands Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cost of food in Cayman Islands increased 1.50 percent in June of 2019 over the same month in the previous year. Food Inflation in Cayman Islands averaged 1.37 percent from 1998 until 2019, reaching an all time high of 7.67 percent in the third quarter of 2008 and a record low of -32.19 percent in the fourth quarter of 2009. This page provides - Cayman Islands Food Inflation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index Cpi in Cayman Islands increased to 108.80 points in the second quarter of 2019 from 108.10 points in the first quarter of 2019. Consumer Price Index Cpi in Cayman Islands averaged 100.97 points from 2011 until 2019, reaching an all time high of 108.80 points in the second quarter of 2019 and a record low of 96.60 points in the first quarter of 2011. This page provides - Cayman Islands Consumer Price Index Cpi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cayman Islands recorded a Government Budget surplus equal to 3.50 percent of the country's Gross Domestic Product in 2018. Government Budget in Cayman Islands averaged 0.04 percent of GDP from 2004 until 2018, reaching an all time high of 5 percent of GDP in 2015 and a record low of -8.10 percent of GDP in 2009. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Cayman Islands Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Cayman Islands increased to 274.80 KYD Million in the second quarter of 2019 from 271.30 KYD Million in the first quarter of 2019. Imports in Cayman Islands averaged 283.71 KYD Million from 1971 until 2019, reaching an all time high of 976.30 KYD Million in the fourth quarter of 2005 and a record low of 8.90 KYD Million in the fourth quarter of 1971. The Cayman Islands mostly imports recreational vehicles, coal, transportation vehicles, aircraft, fuel, soybeans, natural gas, jewellery and furniture. The Cayman Islands’ main imports partner is the United States, accounting for more than 90 percent of total imports. Others include Germany, Switzerland, Jamaica, the United Kingdom and Mexico. This page provides - Cayman Islands Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Corporate Tax Rate in Cayman Islands stands at 0 percent. In Cayman Islands, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Cayman Islands. This page provides - Cayman Islands Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Cayman Islands stands at 0 percent. In Cayman Islands, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Cayman Islands. This page provides - Cayman Islands Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Unemployment Rate in Cayman Islands decreased to 2.80 percent in 2018 from 4.90 percent in 2017. Unemployment Rate in Cayman Islands averaged 4.75 percent from 1995 until 2018, reaching an all time high of 7.50 percent in 2001 and a record low of 2.60 percent in 2006. In Cayman Islands, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Cayman Islands Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Cayman Islands was worth 3.48 billion US dollars in 2014, according to official data from the World Bank and projections from Trading Economics. The GDP value of Cayman Islands represents 0 percent of the world economy. GDP in Cayman Islands averaged 1.43 USD Billion from 1970 until 2014, reaching an all time high of 3.55 USD Billion in 2008 and a record low of 0.02 USD Billion in 1970. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Cayman Islands GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The total population in Cayman Islands was estimated at 0.1 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Cayman Islands had a population of 0.0 million people. The population of Cayman Islands represents less than 0.01 percent of the world´s total population which arguably means that one person in every 116279 people on the planet is a resident of Cayman Islands. This page provides - Cayman Islands Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Cayman Islands expanded 3.10 percent in the second quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Cayman Islands averaged 1.93 percent from 1992 until 2019, reaching an all time high of 6.50 percent in the fourth quarter of 2005 and a record low of -6.90 percent in the second quarter of 2010. The Cayman Islands is a British overseas territory located in the Caribbean known for being a major tax heaven. International finance is the most important sector of the economy, and accounts for around 55 percent of GDP and 40 percent of government revenue. High-end tourism is also crucial, and accounts for around 30 percent of GDP. This page provides - Cayman Islands GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Moody's credit rating for Cayman Islands was last set at Aa3 with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Cayman Islands thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Cayman Islands as reported by major credit rating agencies.

Cayman Islands recorded 81 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Cayman Islands reported 1 Coronavirus Deaths. This page includes a chart with historical data for Cayman Islands Coronavirus Cases.

Cayman Islands recorded 1 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Cayman Islands reported 81 Coronavirus Cases. This page includes a chart with historical data for Cayman Islands Coronavirus Deaths.

Cayman Islands recorded 41 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Cayman Islands reported 1 Coronavirus Deaths. This page includes a chart with historical data for Cayman Islands Coronavirus Recovered.