Home
→
Cayman Islands
Cayman Islands
HistorySaid - ranking
Cayman Islands ranks 46th globally by GDP ($7.2B in 2023). View →
Economy & Growth
GDP $7.2B
GDP per Capita $99,144
GDP Growth 5.82%
▾
| Indicator | 2022 | 2023 | 2025 | 2025 | 2026 |
|---|---|---|---|---|---|
| Agriculture Value Added | 0.47% | 0.42% | 0.45% | 0.45% Trend | 0.46% Trend |
| GDP | $6.7B | $7.2B | - | - | - |
| GDP Deflator | 3.89% | 2.75% | 3.46% | 3.46% Trend | 3.70% Trend |
| GDP Growth | 5.78% | 5.82% | - | - | - |
| GDP PPP | $5.9B | $6.5B | - | - | - |
| GDP per Capita | $93,031 | $99,144 | - | - | - |
| GDP per Capita PPP | $82,296 | $88,428 | - | - | - |
| GNI | $5.2B | $5.6B | $6.3B | $6.3B Trend | $6.6B Trend |
| GNI per Capita | $74,060 | $75,720 | $84,212 | $84,212 Trend | $87,616 Trend |
| Gross Savings | - | - | - | - | - |
| Industry Value Added | 8.08% | 7.84% | 8.11% | 8.11% Trend | 8.14% Trend |
| Services Value Added | 85.57% | 85.98% | 85.32% | 85.32% Trend | 85.16% Trend |
Italic values are IMF World Economic Outlook projections.
Prices & Inflation
Inflation Rate -0.63%
Consumer Price Index 102.94
PPP Conversion Factor 0.88
▾
| Indicator | 2022 | 2023 | 2025 | 2025 | 2026 |
|---|---|---|---|---|---|
| Consumer Price Index | - | - | - | - | - |
| Inflation Rate | - | - | - | - | - |
| PPP Conversion Factor | 0.94 | 0.93 | 0.88 | 0.88 Trend | 0.85 Trend |
Italic values are IMF World Economic Outlook projections.
Population
Population 75,918
Population Growth 1.96%
Population Density 316.2
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|---|---|
| Birth Rate | 11.8 | - | 11.7 | 11.7 Trend | 11.5 Trend | - | - |
| Death Rate | 4.8 | - | 4.8 | 4.8 Trend | 4.8 Trend | - | - |
| Dependency Ratio | 33.04 | 33.66 | 34.19 | 34.19 Trend | 34.76 Trend | 35.33 Trend | - |
| Fertility Rate | 1.53 | - | 1.55 | 1.55 Trend | 1.55 Trend | - | - |
| Life Expectancy | 80.4 | - | 80.9 | 80.9 Trend | 81.3 Trend | - | - |
| Net Migration | 921 | 896 | 888 | - | 862 Trend | 842 Trend | 822 Trend |
| Population | 73,038 | 74,457 | 75,918 | 75,918 Trend | 77,366 Trend | 78,814 Trend | - |
| Population Density | 304.3 | - | 316.2 | 316.2 Trend | 322.1 Trend | - | - |
| Population Growth | 2.00% | 1.92% | 1.96% | 1.96% Trend | 1.94% Trend | 1.92% Trend | - |
| Refugee Population | - | - | - | - | - | - | - |
| Urban Population | 100.00% | 100.00% | 100.00% | 100.00% Trend | 100.00% Trend | 100.00% Trend | - |
Italic values are IMF World Economic Outlook projections.
Employment
▾
Government
▾
Debt
▾
Money
▾
Currency
Exchange Rate 0.83
Foreign Reserves $261.4M
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Exchange Rate | 0.83 | 0.83 | 0.83 | 0.83 Trend | 0.83 Trend | 0.83 Trend |
| Foreign Reserves | $234.0M | - | $261.4M | $261.4M Trend | $272.4M Trend | - |
| Real Effective Exchange Rate | - | - | - | - | - | - |
| Reserves in Months of Imports | 0.3 | - | 0.3 | 0.3 Trend | 0.3 Trend | - |
Italic values are IMF World Economic Outlook projections.
Trade
Exports $4.6B
Imports $3.8B
Trade Balance $780.1M
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Current Account Balance | -9.84% | - | - | - | - | - |
| Exports | $4.6B | - | $4.6B | $4.6B Trend | $4.8B Trend | - |
| FDI Inflows | 93.72% | - | 27.16% | 27.16% Trend | 25.21% Trend | - |
| FDI Outflows | 17.45% | - | 16.31% | 16.31% Trend | 24.24% Trend | - |
| Imports | $3.4B | - | $3.8B | $3.8B Trend | $4.0B Trend | - |
| Remittances Received | $10.8M | $10.2M | $11.5M | $11.5M Trend | $11.8M Trend | $12.1M Trend |
| Tourism Receipts | - | - | - | - | - | - |
| Trade Balance | - | - | - | - | - | - |
| Trade Openness | - | - | - | - | - | - |
Italic values are IMF World Economic Outlook projections.
Financial Markets
Market Capitalization 11.39%
Stock Turnover Ratio 0.20%
Listed Companies 4
▾
| Indicator | 2018 | 2019 | 2020 |
|---|---|---|---|
| Interest Rate Spread | - | - | - |
| Listed Companies | 4 | 4 | 4 |
| Market Capitalization | 7.92% | 6.38% | 11.39% |
| Stock Turnover Ratio | 0.10% | 0.92% | 0.20% |
Italic values are IMF World Economic Outlook projections.
Political Stability
Political Stability 1.81
Government Effectiveness 1.35
Regulatory Quality 1.14
▾
| Indicator | 2022 | 2023 | 2025 | 2025 | 2026 |
|---|---|---|---|---|---|
| Control of Corruption | 0.46 | 0.44 | 0.46 | 0.46 Trend | 0.47 Trend |
| Government Effectiveness | 1.26 | 1.24 | 1.35 | 1.35 Trend | 1.39 Trend |
| Political Stability | 1.66 | 1.63 | 1.81 | 1.81 Trend | 1.88 Trend |
| Regulatory Quality | 1.09 | 1.07 | 1.14 | 1.14 Trend | 1.16 Trend |
| Rule of Law | 0.72 | 0.72 | 0.72 | 0.72 Trend | 0.71 Trend |
| Voice and Accountability | 0.76 | 0.76 | 0.99 | 0.99 Trend | 1.07 Trend |
Italic values are IMF World Economic Outlook projections.
Health
▾
| Indicator | 1990 | 1995 | 1997 |
|---|---|---|---|
| Health Expenditure per Capita | - | - | - |
| Hospital Beds | 3.00 | - | - |
| Infant Mortality Rate | - | - | - |
| Maternal Mortality Ratio | - | - | - |
| Physicians | 1.70 | 1.70 | 1.94 |
Italic values are IMF World Economic Outlook projections.
Education
Literacy Rate 98.87%
Tertiary Enrollment 33.02%
Education Spending 1.75%
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| Education Spending | 1.57% | - | 1.75% | 1.75% Trend | 1.84% Trend | - |
| Literacy Rate | - | - | - | - | - | - |
| Primary Completion Rate | 102.59% | 106.46% | 110.85% | 110.85% Trend | 115.12% Trend | 119.40% Trend |
| Primary Enrollment | 101.44% | 95.74% | 98.38% | 98.38% Trend | 98.59% Trend | 98.80% Trend |
| Secondary Enrollment | 86.04% | 84.76% | 85.76% | 85.76% Trend | 85.96% Trend | 86.15% Trend |
| Tertiary Enrollment | - | - | - | - | - | - |
| Youth Literacy Rate | - | - | - | - | - | - |
Italic values are IMF World Economic Outlook projections.
Energy
Renewable Energy 0.00%
▾
| Indicator | 2022 | 2023 | 2025 | 2025 | 2026 |
|---|---|---|---|---|---|
| CO2 Emissions | - | - | - | - | - |
| CO2 per Capita | - | - | - | - | - |
| Electricity Access | 100.00% | 100.00% | 100.00% | 100.00% Trend | 100.00% Trend |
| Energy Use per Capita | - | - | - | - | - |
| Forest Area | 52.67% | 52.47% | 52.22% | 52.22% Trend | 52.08% Trend |
| Renewable Energy | 0.00% | - | 0.00% | 0.00% Trend | - |
Italic values are IMF World Economic Outlook projections.
Technology
Internet Users 81.07%
Mobile Subscriptions 134.25
▾
| Indicator | 2023 | 2024 | 2025 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|
| High-tech Exports | 47.70% | 85.52% | 68.98% | 68.98% Trend | 70.16% Trend | 71.34% Trend |
| Internet Users | - | - | - | - | - | - |
| Mobile Subscriptions | - | - | 134.25 | 134.25 Trend | - | - |
| Patent Applications | - | - | - | - | - | - |
| R&D Spending | - | - | - | - | - | - |
Italic values are IMF World Economic Outlook projections.
Inequality
▾
Data & analysis
Source: IMF World Economic Outlook via DBnomics
The Cayman Islands, a high-income Latin American & Caribbean territory, presents an economic narrative defined by extreme demographic pressures and episodic investment surges. The IMF’s lack of reported real GDP growth or CPI inflation data obscures underlying domestic volatility, yet the territory’s global rankings reveal a stark macro story. Holding the #1 Dependency Ratio globally in both 1995 and 1996 signals a period of acute demographic strain, where a large non-working population relative to workers likely constrained savings and domestic demand. This structural challenge was punctuated by a dramatic shift toward external capital, as the territory achieved #1 FDI Inflows in 2008 and again in 2011, reflecting its role as a major offshore financial hub during and after the global financial crisis. The trajectory thus moves from demographic stabilization pressures to a financial-services-led boom. A forward-looking shift would require diversifying beyond volatile capital inflows to build more resilient domestic economic activity, reducing reliance on a single sector for growth.