ARCHIVE // KY // 2025
Cayman Islands
2025 Edition — territory
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2025
Communications
Broadband - fixed subscriptions
[time series]
total: 40,000 (2022 est.) subscriptions per 100 inhabitants: 56 (2022 est.)
Broadcast media
[time series]
4 TV stations; cable and satellite subscription services offer international programming; government-owned Radio Cayman operates 2 networks broadcasting on 5 stations; 10 privately owned radio stations operate alongside Radio Cayman
Internet country code
[time series]
.ky
Internet users
[time series]
percent of population: 81% (2017 est.)
Telephones - fixed lines
[time series]
total subscriptions: 36,000 (2021 est.) subscriptions per 100 inhabitants: 50 (2022 est.)
Telephones - mobile cellular
[time series]
total subscriptions: 99,737 (2022 est.) subscriptions per 100 inhabitants: 139 (2022 est.)
Economy
Agricultural products
[time series]
vegetables, fruit; livestock; turtle farming
Budget
[time series]
revenues: $874.5 million (2017 est.) expenditures: $766.6 million (2017 est.)
Current account balance
[time series]
-$712.684 million (2023 est.) -$749.482 million (2022 est.) -$794.205 million (2021 est.) note: balance of payments - net trade and primary/secondary income in current dollars
Economic overview
[time series]
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
Exchange rates
[time series]
Caymanian dollars (KYD) per US dollar - 0.833 (2024 est.) 0.833 (2023 est.) 0.833 (2022 est.) 0.833 (2021 est.) 0.833 (2020 est.)
Exports
[time series]
$4.6 billion (2023 est.) $4.215 billion (2022 est.) $3.542 billion (2021 est.) note: balance of payments - exports of goods and services in current dollars
Exports - commodities
[time series]
aircraft, ships, refined petroleum, natural gas, broadcasting equipment (2023) note: top five export commodities based on value in dollars
Exports - partners
[time series]
UK 40%, Cyprus 21%, Germany 9%, Grenada 8%, Italy 5% (2023) note: top five export partners based on percentage share of exports
GDP (official exchange rate)
[time series]
$7.139 billion (2023 est.) note: data in current dollars at official exchange rate
GDP - composition, by sector of origin
[time series]
agriculture: 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
Imports
[time series]
$3.444 billion (2023 est.) $3.287 billion (2022 est.) $2.808 billion (2021 est.) note: balance of payments - imports of goods and services in current dollars
Imports - commodities
[time series]
ships, refined petroleum, cars, furniture, jewelry (2023) note: top five import commodities based on value in dollars
Imports - partners
[time series]
Germany 30%, USA 29%, Italy 20%, Turkey 5%, China 5% (2023) note: top five import partners based on percentage share of imports
Industrial production growth rate
[time series]
3.4% (2022 est.) note: annual % change in industrial value added based on constant local currency
Industries
[time series]
tourism, banking, insurance and finance, construction, construction materials, furniture
Inflation rate (consumer prices)
[time series]
2% (2017 est.) -0.6% (2016 est.) -2.3% (2015 est.) note: annual % change based on consumer prices
Real GDP (purchasing power parity)
[time series]
$5.705 billion (2023 est.) $5.467 billion (2022 est.) $5.199 billion (2021 est.) note: data in 2021 dollars
Real GDP growth rate
[time series]
4.4% (2023 est.) 5.2% (2022 est.) 4.9% (2021 est.) note: annual GDP % growth based on constant local currency
Real GDP per capita
[time series]
$78,100 (2023 est.) $76,400 (2022 est.) $74,200 (2021 est.) note: data in 2021 dollars
Remittances
[time series]
0.2% of GDP (2023 est.) 0.2% of GDP (2022 est.) 0.2% of GDP (2021 est.) note: personal transfers and compensation between resident and non-resident individuals/households/entities
Reserves of foreign exchange and gold
[time series]
$234 million (2023 est.) $225.4 million (2022 est.) $228.3 million (2021 est.) note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars
Energy
Electricity
[time series]
installed generating capacity: 176,000 kW (2023 est.) consumption: 698.767 million kWh (2023 est.) transmission/distribution losses: 2.117 million kWh (2023 est.)
Electricity access
[time series]
electrification - total population: 100% (2022 est.)
Electricity generation sources
[time series]
fossil fuels: 96.7% of total installed capacity (2023 est.) solar: 3.1% of total installed capacity (2023 est.) wind: 0.1% of total installed capacity (2023 est.)
Energy consumption per capita
[time series]
143.149 million Btu/person (2023 est.)
Petroleum
[time series]
refined petroleum consumption: 5,000 bbl/day (2023 est.)
Environment
Carbon dioxide emissions
[time series]
737,000 metric tonnes of CO2 (2023 est.) from petroleum and other liquids: 737,000 metric tonnes of CO2 (2023 est.)
Climate
[time series]
tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April)
Environmental issues
[time series]
no natural freshwater resources; trash washing up or being deposited on beaches; no recycling or waste-treatment facilities; deforestation
Land use
[time series]
agricultural land: 11.2% (2023 est.) arable land: 0.8% (2023 est.) permanent crops: 2.1% (2023 est.) permanent pasture: 8.3% (2023 est.) forest: 53% (2023 est.) other: 35.8% (2023 est.)
Urbanization
[time series]
urban population: 100% of total population (2023) rate of urbanization: 1.13% annual rate of change (2020-25 est.)
Waste and recycling
[time series]
municipal solid waste generated annually: 60,000 tons (2024 est.)
Geography
Area
[time series]
total : 264 sq km land: 264 sq km water: 0 sq km
Area - comparative
[time series]
1.5 times the size of Washington, D.C.
Climate
[time series]
tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April)
Coastline
[time series]
160 km
Elevation
[time series]
highest point: 1 km SW of The Bluff on Cayman Brac 50 m lowest point: Caribbean Sea 0 m
Geographic coordinates
[time series]
19 30 N, 80 30 W
Geography - note
[time series]
important location between Cuba and Central America
Irrigated land
[time series]
NA
Land boundaries
[time series]
total: 0 km
Land use
[time series]
agricultural land: 11.2% (2023 est.) arable land: 0.8% (2023 est.) permanent crops: 2.1% (2023 est.) permanent pasture: 8.3% (2023 est.) forest: 53% (2023 est.) other: 35.8% (2023 est.)
Location
[time series]
Caribbean, three-island group (Grand Cayman, Cayman Brac, Little Cayman) in Caribbean Sea, 240 km south of Cuba and 268 km northwest of Jamaica
Map references
[time series]
Central America and the Caribbean
Maritime claims
[time series]
territorial sea: 12 nm exclusive economic zone: 200 nm exclusive fishing zone: 200 nm
Natural hazards
[time series]
hurricanes (July to November)
Natural resources
[time series]
fish, climate and beaches that foster tourism
Population distribution
[time series]
majority of the population resides on Grand Cayman
Terrain
[time series]
low-lying limestone base surrounded by coral reefs
Government
Administrative divisions
[time series]
6 districts; Bodden Town, Cayman Brac and Little Cayman, East End, George Town, North Side, West Bay
Capital
[time series]
name: 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: originally named Hogstyes, the town was renamed in honor of English King GEORGE III (1738-1820) around 1800
Citizenship
[time series]
see United Kingdom
Constitution
[time series]
history: several previous; latest approved 10 June 2009, entered into force 6 November 2009 (The Cayman Islands Constitution Order 2009)
Country name
[time series]
conventional long form: none conventional short form: Cayman Islands etymology: Spanish explorers named the islands in the early 16th century, using the Carib word for marine crocodiles, caiman
Dependency status
[time series]
overseas territory of the UK
Diplomatic representation from the US
[time series]
embassy: none (overseas territory of the UK); consular services provided through the US Embassy in Jamaica
Diplomatic representation in the US
[time series]
none (overseas territory of the UK)
Executive branch
[time series]
chief of state: King CHARLES III (since 8 September 2022); represented by Governor Jane OWEN (since 21 April 2023) head of government: Premier Andr Martin EBANKS (since 6 May 2025) cabinet: Cabinet selected from the Parliament and appointed by the governor on the advice of the premier election/appointment process: the monarchy is hereditary; governor appointed by the monarch; following legislative elections, the governor appoints the leader of the majority party or majority coalition as premier
Flag
[time series]
description: a blue field with the UK flag in the upper-left quadrant and the Caymanian coat of arms centered on the right half of the flag; the coat of arms has a pineapple, a turtle, a shield with a golden lion and three green stars, and a scroll below the shield with the motto HE HATH FOUNDED IT UPON THE SEAS meaning: the pineapple represents ties to Jamaica; the turtle represents the Caymans' seafaring tradition; the lion symbolizes Great Britain; the green stars represent the three islands; the white and blue wavy lines on the coat of arms represent the sea
Government type
[time series]
parliamentary democracy; self-governing overseas territory of the UK
Independence
[time series]
none (overseas territory of the UK)
International organization participation
[time series]
Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU
Judicial branch
[time series]
highest court(s): 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) 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 note: appeals beyond the Court of Appeal are heard by the Judicial Committee of the Privy Council (in London)
Legal system
[time series]
English common law and local statutes
Legislative branch
[time series]
legislature name: Parliament legislative structure: unicameral number of seats: 21 (directly elected and appointed) scope of elections: full renewal term in office: 4 years most recent election date: 4/14/2021 parties elected and seats per party: independent (12); PPM (7) percentage of women in chamber: 23.8% expected date of next election: 2025
National anthem(s)
[time series]
title: "Beloved Isle Cayman" lyrics/music: Leila E. ROSS history: adopted 1960; served as an unofficial anthem since 1930 _____ title: "God Save the King" lyrics/music: unknown history: official anthem, as an overseas UK territory
National coat of arms
[time series]
the Queen of England approved the Cayman Islands' coat of arms -- which was designed with input from the public -- in 1958; the shield features the lion of England and three green stars that symbolize the three islands of Grand Cayman, Cayman Brac, and Little Cayman; the green turtle stands for the islands seafaring history, the rope under it for the thatch-rope industry, and the pineapple for historical ties with Jamaica; the motto comes from Psalms 24, acknowledging the Caymans Christian heritage
National holiday
[time series]
Constitution Day, the first Monday in July (1959)
National symbol(s)
[time series]
green sea turtle
Political parties
[time series]
Cayman Islands Peoples Party or CIPP People's Progressive Movement or PPM
Suffrage
[time series]
18 years of age; universal
Introduction
Background
[time series]
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.
Military and Security
Military - note
[time series]
defense is the responsibility of the UK
Military and security forces
[time series]
no regular military forces; Royal Cayman Islands Police Service
People and Society
Age structure
[time series]
0-14 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)
Birth rate
[time series]
11.41 births/1,000 population (2025 est.)
Death rate
[time series]
6.24 deaths/1,000 population (2025 est.)
Dependency ratios
[time series]
total dependency ratio: 51.7 (2024 est.) youth dependency ratio: 26.4 (2024 est.) elderly dependency ratio: 25.3 (2024 est.) potential support ratio: 4 (2024 est.)
Drinking water source
[time series]
urban: 95.5% of population (2022 est.) total: 95.5% of population (2022 est.) urban: 4.5% of population (2022 est.) total: 4.5% of population (2022 est.)
Education expenditure
[time series]
1.6% of GDP (2023 est.) 15% national budget (2019 est.)
Ethnic groups
[time series]
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
Gross reproduction rate
[time series]
0.9 (2025 est.)
Infant mortality rate
[time series]
total: 7.1 deaths/1,000 live births (2025 est.) male: 8.8 deaths/1,000 live births female: 5.7 deaths/1,000 live births
Languages
[time series]
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
Life expectancy at birth
[time series]
total population: 82.5 years (2024 est.) male: 79.8 years female: 85.2 years
Major urban areas - population
[time series]
35,000 GEORGE TOWN (capital) (2018)
Median age
[time series]
total: 41.3 years (2025 est.) male: 40.3 years female: 42 years
Nationality
[time series]
noun: Caymanian(s) adjective: Caymanian
Net migration rate
[time series]
11.91 migrant(s)/1,000 population (2025 est.)
Population
[time series]
total: 66,653 (2024 est.) male: 32,379 female: 34,274
Population distribution
[time series]
majority of the population resides on Grand Cayman
Population growth rate
[time series]
1.71% (2025 est.)
Religions
[time series]
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.)
Sanitation facility access
[time series]
urban: 93.5% of population (2022 est.) total: 93.5% of population (2022 est.) urban: 6.5% of population (2022 est.) total: 6.5% of population (2022 est.)
Sex ratio
[time series]
at 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.)
Total fertility rate
[time series]
1.81 children born/woman (2025 est.)
Urbanization
[time series]
urban population: 100% of total population (2023) rate of urbanization: 1.13% annual rate of change (2020-25 est.)
Transnational Issues
Refugees and internally displaced persons
[time series]
refugees: 65 (2024 est.)
Transportation
Airports
[time series]
3 (2025)
Civil aircraft registration country code prefix
[time series]
VP-C
Heliports
[time series]
5 (2025)
Merchant marine
[time series]
total: 130 (2023) by type: bulk carrier 29, container ship 3, general cargo 1, oil tanker 20, other 77
Ports
[time series]
total ports: 2 (2024) large: 0 medium: 0 small: 0 very small: 2 ports with oil terminals: 2 key ports: Cayman Brac, Georgetown