Statistical information Cayman Islands 2024

Cayman Islands in the World
top of pageBackground: The British colonized the Cayman Islands during the 18th and 19th centuries, and Jamaica -- also a British colony at the time -- administered the islands after 1863. In 1959, the islands became a territory within the Federation of the West Indies. When the Federation dissolved in 1962, the Cayman Islands chose to remain a British dependency. The territory has transformed itself into a significant offshore financial center.
top of pageLocation: Caribbean, three-island group (Grand Cayman, Cayman Brac, Little Cayman) in Caribbean Sea, 240 km south of Cuba and 268 km northwest of Jamaica
Geographic coordinates: 19 30 N, 80 30 W
Map reference:
Central America and the CaribbeanAreaTotal: 264 km²
Land: 264 km²
Water: 0 km²
Comparative: 1.5 times the size of Washington, DC
Country comparison total: 0 km
Land boundariesTotal: 0 km
Coastline: 160 km
Maritime claimsTerritorial sea: 12 nm
Exclusive economic zone: 200 nm
Exclusive fishing zone: 200 nm
Climate: tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April)
Terrain: low-lying limestone base surrounded by coral reefs
ElevationHighest point: 1 km SW of The Bluff on Cayman Brac 50 m
Lowest point: Caribbean Sea 0 m
Natural resources: fish, climate and beaches that foster tourism
Land useAgricultural land: 11.2% (2018 est.)
Agricultural land arable land: 0.8% (2018 est.)
Agricultural land permanent crops: 2.1% (2018 est.)
Agricultural land permanent pasture: 8.3% (2018 est.)
Agricultural land forest: 52.9% (2018 est.)
Agricultural land other: 35.9% (2018 est.)
Irrigated land: NA
Major riversMajor watersheds area km²Total water withdrawalTotal renewable water resourcesNatural hazards: hurricanes (July to November)
GeographyNote: important location between Cuba and Central America
top of pagePopulationDistribution: majority of the population resides on Grand Cayman
Total: 66,653
Male: 32,379
Female: 34,274 (2024 est.)
Growth rate: 1.75% (2024 est.)
NationalityNoun: Caymanian(s)
Adjective: Caymanian
Ethnic groups: Cayman Islander 35.4%, Jamaican 24.8%, Filipino 5.5%, British 5.3%, American 5.2%, Honduran 4.2%, Canadian 3.3%, Indian 2.1%, Cuban 1.6%, Nicaraguan 1%, other 11.1%, unspecified 0.5% (2021 est.)
Note: data represent population by country of birth
Languages: English (official) 88.8%, Spanish 3.9%, Filipino 3.8%, other 2.8%, unspecified 0.7% (2021 est.)
Note: data represent main language spoken at home
Religions: Protestant 60.8% (includes Church of God 19.5%, Seventh Day Adventist 8.7%, non-denominational 8.3%, Baptist 6.9%, Pentecostal 6.8%, Presbyterian/United Church 5.7%, Anglican 2.8%, Wesleyan Holiness 1.5%, Methodist 0.5%), Roman Catholic 13.6%, Hindu 1.7%, Jehovah's Witness 0.9%, other 4.8%, none 16.7%, unspecified 1.4% (2021 est.)
Demographic profileAge structure0-14 years: 17.4% (male 5,845/female 5,767)
15-64 years: 65.9% (male 21,480/female 22,456)
65 years and over: 16.7% (2024 est.) (male 5,054/female 6,051)
Dependency ratiosTotal dependency ratio: 32.6
Youth dependency ratio: 22.3
Elderly dependency ratio: 10.4
Potential support ratio: 9.6 (2021)
Median ageTotal: 41.2 years (2024 est.)
Male: 40.3 years
Female: 42 years
Population growth rate: 1.75% (2024 est.)
Birth rate: 11.5 births/1,000 population (2024 est.)
Death rate: 6.1 deaths/1,000 population (2024 est.)
Net migration rate: 12.1 migrant(s)/1,000 population (2024 est.)
Population distribution: majority of the population resides on Grand Cayman
UrbanizationUrban population: 100% of total population (2023)
Rate of urbanization: 1.13% annual rate of change (2020-25 est.)
Major urban areasPopulation: 35,000 GEORGE TOWN (capital) (2018)
EnvironmentCurrent issues: no natural freshwater resources; drinking water supplies are met by reverse osmosis desalination plants and rainwater catchment; trash washing up on the beaches or being deposited there by residents; no recycling or waste treatment facilities; deforestation (trees being cut down to create space for commercial use)
Air pollutantsCarbon dioxide emissions: 0.55 megatons (2016 est.)
Sex ratioAt birth: 1.02 male(s)/female
0-14 years: 1.01 male(s)/female
15-64 years: 0.96 male(s)/female
65 years and over: 0.84 male(s)/female
Total population: 0.95 male(s)/female (2024 est.)
Mothers mean age at first birthMaternal mortality ratioInfant mortality rateTotal: 7.3 deaths/1,000 live births (2024 est.)
Male: 8.8 deaths/1,000 live births
Female: 5.7 deaths/1,000 live births
Life expectancy at birthTotal population: 82.5 years (2024 est.)
Male: 79.8 years
Female: 85.2 years
Total fertility rate: 1.82 children born/woman (2024 est.)
Contraceptive prevalence rate: NA
Drinking water sourceImproved urban: 97.4% of population
Unimproved total: 2.6% of population (2015 est.)
Unimproved urban: 2.6% of population
Current health expenditurePhysicians densityHospital bed densitySanitation facility accessImproved urban: 95.6% of population
Improved total: 95.6% of population
Unimproved urban: 4.4% of population
Unimproved total: 4.4% of population (2015 est.)
Hiv/AidsMajor infectious diseasesObesity adult prevalence rateAlcohol consumptionTobacco useChildren under the age of 5 years underweight: NA
Education expenditures: 2.1% of GDP (2019)
LiteracyTotal population: 98.9% NA
Male: 98.7% NA
Female: 99% (2021) NA
School life expectancy primary to tertiary educationYouth unemploymentRate ages 15 24 total: 13.8% (2015 est.)
Rate ages 15 24 male: 16.4%
Rate ages 15 24 female: 11.4%
top of pageCountry nameConventional long form: none
Conventional short form: Cayman Islands
Etymology: the islands' name comes from the native Carib word 'caiman,' describing the marine crocodiles living there
Government type: parliamentary democracy; self-governing overseas territory of the UK
CapitalName: 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)
Etymology: named after English King GEORGE III (1738-1820)
Administrative divisions: 6 districts; Bodden Town, Cayman Brac and Little Cayman, East End, George Town, North Side, West Bay
Dependent areasIndependence: none (overseas territory of the UK)
National holiday: Constitution Day, the first Monday in July (1959)
ConstitutionHistory: several previous; latest approved 10 June 2009, entered into force 6 November 2009 (The Cayman Islands Constitution Order 2009)
Amendments: amended 2016, 2020
Legal system: English common law and local statutes
International law organization participationCitizenship: see United Kingdom
Suffrage: 18 years of age; universal
Executive branchChief of state: King CHARLES III (since 8 September 2022); represented by Governor Jane OWEN (since 21 April 2023)
Head of government: Premier Juliana O'CONNOR-CONNOLLY (since 15 November 2023)
Cabinet: Cabinet selected from the Parliament and appointed by the governor on the advice of the premier
Elections/appointments: the monarchy is hereditary; governor appointed by the monarch; following legislative elections, the leader of the majority party or majority coalition appointed premier by the governor
Legislative branchDescription: unicameral Parliament (21 seats; 19 members directly elected by majority vote and 2 ex-officio members - the deputy governor and attorney general - appointed by the governor; members serve 4-year terms)
Elections: last held on 14 April 2021 (next to be held in 2025)
Elections results: percent of vote by party - independent 79.1%, PPM 19.6%; elected seats by party - independent 12, PPM 7; ex-officio members 2; composition - men 16, women 5, percentage women 23.8%
Judicial branchHighest courts: Court of Appeal (consists of the court president and at least 2 judges); Grand Court (consists of the court president and at least 2 judges)
Note: appeals beyond the Court of Appeal are heard by the Judicial Committee of the Privy Council (in London)
Judge selection and term of office: Court of Appeal and Grand Court judges appointed by the governor on the advice of the Judicial and Legal Services Commission, an 8-member independent body consisting of governor appointees, Court of Appeal president, and attorneys; Court of Appeal judges' tenure based on their individual instruments of appointment; Grand Court judges normally appointed until retirement at age 65 but can be extended until age 70
Subordinate courts: Summary Court
Political parties and leaders: Cayman Islands Peoples Party or CIPP, People's Progressive Movement or PPM
International organization participation: Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU
Diplomatic representationIn the us: none (overseas territory of the UK)
From the us embassy: none (overseas territory of the UK); consular services provided through the US Embassy in Jamaica
Flag description
: a blue field with the flag of the UK in the upper hoist-side quadrant and the Caymanian coat of arms centered on the outer half of the flag; the coat of arms includes a crest with a pineapple, representing the connection with Jamaica, and a turtle, representing Cayman's seafaring tradition, above a shield bearing a golden lion, symbolizing Great Britain, below which are three green stars (representing the three islands) surmounting white and blue wavy lines representing the sea; a scroll below the shield bears the motto HE HATH FOUNDED IT UPON THE SEAS
National symbols: green sea turtle
National anthemName: 'Beloved Isle Cayman'
Lyrics/music: Leila E. ROSS
Note: adopted 1993; served as an unofficial anthem since 1930; as an overseas territory of the United Kingdom, in addition to the local anthem, 'God Save the King' is official (see United Kingdom)
National heritagetop of pageEconomy overview: dominant offshore banking territory; services sector accounts for over 85% of economic activity; recently adopted a fiscal responsibility framework to combat tax evasion and money laundering; large tourism sector; does not have any welfare system; high standard of living
Real gdp purchasing power parity: $5.467 billion (2022 est.); $5.199 billion (2021 est.); $4.956 billion (2020 est.)
Note: data in 2021 dollars
Real gdp growth rate: 5.16% (2022 est.); 4.9% (2021 est.); -4.95% (2020 est.)
Note: annual GDP % growth based on constant local currency
Real gdp per capita: $79,600 (2022 est.); $76,300 (2021 est.); $73,600 (2020 est.)
Note: data in 2021 dollars
Gross national savingGdp composition by sector of origin
Gdp composition by end useHousehold 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.)
Note: figures may not total 100% due to rounding or gaps in data collection
Gdp composition by sector of originAgriculture: 0.5% (2022 est.)
Industry: 8.2% (2022 est.)
Services: 85.4% (2022 est.)
Note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Agriculture products: vegetables, fruit; livestock; turtle farming
Industries: tourism, banking, insurance and finance, construction, construction materials, furniture
Industrial production growth rate: 3.45% (2022 est.)
Note: annual % change in industrial value added based on constant local currency
Labor forceUnemployment rate: (2008)
Youth unemploymentRate ages 15 24 total: 13.8% (2015 est.)
Rate ages 15 24 male: 16.4%
Rate ages 15 24 female: 11.4%
Population below poverty lineGini indexHousehold income or consumption by percentage shareDistribution of family income gini indexBudgetRevenues: $874.5 million (2017 est.)
Expenditures: $766.6 million (2017 est.)
Taxes and other revenues: 38.9% (of GDP) (2017 est.)
Public debtRevenueFrom forest resources: 0% of GDP (2018 est.)
From coal: 0% of GDP (2018 est.)
Fiscal yearInflation rate consumer prices: 2% (2017 est.); -0.63% (2016 est.); -2.35% (2015 est.)
Note: annual % change based on consumer prices
Central bank discount rateCommercial bank prime lending rateStock of narrow moneyStock of broad moneyStock of domestic creditMarket value of publicly traded sharesCurrent account balance: -$821.404 million (2021 est.); -$827.492 million (2020 est.); -$646.843 million (2019 est.)
Note: balance of payments - net trade and primary/secondary income in current dollars
Exports: $4.054 billion (2021 est.); $3.951 billion (2020 est.); $4.205 billion (2019 est.)
Note: balance of payments - exports of goods and services in current dollars
Partners: Malta 30%, Norway 22%, Seychelles 16%, Grenada 8%, US 5% (2022)
Partners note: top five export partners based on percentage share of exports
Commodities: ships, aircraft, refined petroleum, natural gas, broadcasting equipment (2022)
Commodities note: top five export commodities based on value in dollars
Imports: $2.743 billion (2021 est.); $2.51 billion (2020 est.); $2.743 billion (2019 est.)
Note: balance of payments - imports of goods and services in current dollars
Partners: US 47%, Italy 19%, Turkey 7%, Germany 6%, Switzerland 4% (2022)
Partners note: top five import partners based on percentage share of imports
Commodities: ships, refined petroleum, diamonds, cars, gold (2022)
Commodities note: top five import commodities based on value in dollars
Reserves of foreign exchange and gold: $216.8 million (2020 est.); $183.5 million (2019 est.); $162.074 million (2018 est.)
Note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Debt externalStock of direct foreign investment at homeStock of direct foreign investment abroadExchange rates:
Caymanian dollars (KYD) per US dollar - 0.833 (2021 est.)
0.833 (2020 est.)
0.833 (2019 est.)
0.833 (2018 est.)
0.833 (2017 est.)
top of pageElectricityAccess electrification total population: 100% (2022 est.)
Installed generating capacity: 175,000 kW (2022 est.)
Consumption: 697.351 million kWh (2022 est.)
Transmission/distribution losses: 2.117 million kWh (2022 est.)
Generation sources fossil fuels: 96.9% of total installed capacity (2022 est.)
Generation sources solar: 3.1% of total installed capacity (2022 est.)
CoalPetroleumRefined petroleum consumption: 5,000 bbl/day (2022 est.)
Crude oilRefined petroleumNatural gasCarbon dioxide emissions: 718,000 metric tonnes of CO2 (2022 est.)
From petroleum and other liquids: 718,000 metric tonnes of CO2 (2022 est.)
Energy consumption per capita: 144.845 million Btu/person (2022 est.)
top of pageTelephonesFixed lines total subscriptions: 36,000 (2021 est.)
Fixed lines subscriptions per 100 inhabitants: 53 (2021 est.)
Mobile cellular total subscriptions: 100,000 (2021 est.)
Mobile cellular subscriptions per 100 inhabitants: 147 (2021 est.)
Telephone systemBroadcast mediaInternetBroadband fixed subscriptionstop of pageMilitary expendituresMilitary and security forces: no regular military forces; Royal Cayman Islands Police Service
Military service age and obligationSpace programTerrorist groupstop of pageNational air transport systemNumber of registered air carriers: 1 (2020)
Inventory of registered aircraft operated by air carriers: 6
Civil aircraft registration country code prefix: VP-C
Airports: 3 (2024)
Heliports: 5 (2024)
PipelinesRailwaysRoadwaysTotal: 785 km
Paved: 785 km (2007)
WaterwaysMerchant marinePorts and terminalstop of pageDisputes internationalRefugees and internally displaced personsIllicit drugs: major offshore financial center vulnerable to drug trafficking money laundering