top of pageBackground: The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica from 1863 they remained a British dependency after 1962 when the former became independent.
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
top of pageEthnic groups: mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20%
Religions:
United Church (Presbyterian and Congregational), Anglican,
Baptist, Roman Catholic, Church of God, other Protestant denominations
Birth rate: 15.32 births/1000 population (1993 est.)
Death rate: 4.98 deaths/1000 population (1993 est.)
top of pageFlag description: blue, with the flag of the UK in the upper hoist-side quadrant and the Caymanian coat of arms on a white disk centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with
top of pageEconomy overview: The economy depends heavily on tourism (70% of GDP and 75% of export earnings) and offshore financial services, with the tourist industry aimed at the luxury market and catering mainly to visitors from North America. About 90% of the islands' food and consumer goods needs must be imported. The Caymanians enjoy one of the highest standards of living in the region.
Industries: tourism, banking, insurance and finance, construction, building materials, furniture making
Budget: revenues $141.5 million; expenditures $160.7 million, including capital expenditures of $NA (1991)
Imports: $136 million (c.i.f., 1987 est.)
Commodoties: foodstuffs, manufactured goods
Partners: US, Trinidad and Tobago, UK, Netherlands Antilles, Japan
Exchange rates: Caymanian dollars (CI$) per US$1 - 1.20 (fixed rate)
top of pagetop of pagetop of pagetop of pageMerchant marine:
29 ships (1,000 GRT or over) totaling 307,738 GRT/468,659
DWT; includes 1 passenger-cargo, 8 cargo, 8 roll-on/roll-off cargo, 3 oil tanker, 2 chemical tanker, 1 liquefied gas carrier, 4 bulk, 2 combination bulk; note - a flag of convenience registry
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