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: 13.95 births/1000 population (1998 est.)
Death rate: 4.98 deaths/1000 population (1998 est.)
Net migration rate: 33.2 migrant(s)/1000 population (1998 est.)
Note: major destination for Cubans trying to migrate to the US
top of pageExecutive branchChief of state: Queen ELIZABETH II of the UK (since 6 February 1952): ead of
Government: Governor and President of the Executive Council John Wynne OWEN (since 15 September 1995)
Cabinet: Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly)
Elections: none; the queen is a hereditary monarch; the governor is appointed by the queen
Legislative branch: unicameral Legislative Assembly (18 seats, 3 official members and 15 elected by popular vote; members serve four-year terms)
Elections: last held 20 November 1996 (next to be held NA November 2000)
Election results: percent of vote_NA; seats_National Team coalition 9, independents 6
Flag 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 three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS
top of pageEconomy overview: With no direct taxation, the Islands are a thriving offshore financial center; 28,000 foreign companies do business with the 600 registered banks and trust companies; banking assets exceed $500 billion. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1 million visitors in 1995 and again in 1996. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world.
Industries: tourism, banking, insurance and finance, construction, construction materials, furniture
Imports: total value:$333 million (c.i.f., 1995 est.)
Commodoties: foodstuffs, manufactured goods
Partners: US, Trinidad and Tobago, UK, Netherlands Antilles, Japan
Exchange rates: Caymanian dollars (CI$) per US$1_0.83 (3 November 1995), 0.85 (22 November 1993)
top of pagetop of pagetop of pagetop of pageMerchant marineTotal: 54 ships (1,000 GRT or over) totaling 751,113 GRT/1,139,958 DWT
Ships by type: bulk 4, cargo 8, chemical tanker 4, container 5, oil tanker 6, refrigerated cargo 18, roll-on/roll-off cargo 7, specialized tanker 1, vehicle carrier 1
Note: a flag of convenience registry; includes ships from 10 countries:Greece 11, US 8, UK 5, Cyprus 1, Finland 1, India 1, Japan 1, Norway 1, Sweden 1, and Switzerland 1 (1997 est.)
top of pageIllicit drugs: vulnerable to drug money-laundering and drug transshipment
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