Labor force | |
---|---|
Industrial production growth rate | 3.45% (2022 est.) |
Industries | tourism, banking, insurance and finance, construction, construction materials, furniture |
Population below poverty line | |
Taxes and other revenues | 38.9% (of GDP) (2017 est.) |
Fiscal year | |
Exchange rates | |
Currency | Caymanian dollars (KYD) per US dollar - |
Exchange rates 2021 | 0.833 (2021 est.) |
Exchange rates 2020 | 0.833 (2020 est.) |
Exchange rates 2019 | 0.833 (2019 est.) |
Exchange rates 2018 | 0.833 (2018 est.) |
Exchange rates 2017 | 0.833 (2017 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2020 | $216.8 million (2020 est.) |
Reserves of foreign exchange and gold 2019 | $183.5 million (2019 est.) |
Reserves of foreign exchange and gold 2018 | $162.074 million (2018 est.) |
Current account balance | |
Current account balance 2021 | -$821.404 million (2021 est.) |
Current account balance 2020 | -$827.492 million (2020 est.) |
Current account balance 2019 | -$646.843 million (2019 est.) |
Budget | |
Revenues | $874.5 million (2017 est.) |
Expenditures | $766.6 million (2017 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2022 | 0.15% of GDP (2022 est.) |
Remittances 2021 | 0.17% of GDP (2021 est.) |
Remittances 2020 | 0.16% of GDP (2020 est.) |
Imports | |
Imports 2021 | $2.743 billion (2021 est.) |
Imports 2020 | $2.51 billion (2020 est.) |
Imports 2019 | $2.743 billion (2019 est.) |
Imports (partners) | US 47%, Italy 19%, Turkey 7%, Germany 6%, Switzerland 4% (2022) |
Comodities Imports force | ships, refined petroleum, diamonds, cars, gold (2022) |
Exports | |
Imports 2021 | $2.743 billion (2021 est.) |
Imports 2020 | $2.51 billion (2020 est.) |
Imports 2019 | $2.743 billion (2019 est.) |
Exports (partners) | Malta 30%, Norway 22%, Seychelles 16%, Grenada 8%, US 5% (2022) |
Comodities Exports force | ships, aircraft, refined petroleum, natural gas, broadcasting equipment (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2022 | $5.467 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $5.199 billion (2021 est.) |
Real GDP (purchasing power parity) 2020 | $4.956 billion (2020 est.) |
GDP (official exchange rate) | $6.601 billion (2022 est.) |
Real GDP Per capita | |
Real GDP per capita 2022 | $79,600 (2022 est.) |
Real GDP per capita 2021 | $76,300 (2021 est.) |
Real GDP per capita 2020 | $73,600 (2020 est.) |
GDP - composition, by sector of origin | |
Agriculture | 0.5% (2022 est.) |
Industry | 8.2% (2022 est.) |
Services | 85.4% (2022 est.) |
GDP - composition, by end use | |
Household consumption | 62.3% (2017 est.) |
Government consumption | 2.6% (2020 est.) |
Investment in fixed capital | 22.1% (2017 est.) |
Investment in inventories | 0.1% (2017 est.) |
Exports of goods and services | 59.6% (2020 est.) |
Imports of goods and services | -45.8% (2020 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 13.8% (2015 est.) |
Male | 16.4% |
Female | 11.4% |
Want to know more about Cayman Islands? Check all different factbooks for Cayman Islands below.