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Cayman Islands (2001)

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Cayman Islands 2001 year

 Cayman Islands
Administrative divisions 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western
Age structure 0-14 years:
22.21% (male 3,807; female 4,084)

15-64 years:
69.74% (male 12,102; female 12,676)

65 years and over:
8.05% (male 1,318; female 1,540) (2001 est.)
Agriculture - products vegetables, fruit; livestock, turtle farming
Airports 3 (2000 est.)
Airports - with paved runways total:

1,524 to 2,437 m:
2 (2000 est.)
Airports - with unpaved runways total:

914 to 1,523 m:
1 (2000 est.)
Area total:
259 sq km

259 sq km

0 sq km
Area - comparative 1.5 times the size of Washington, DC
Background 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.
Birth rate 13.79 births/1,000 population (2001 est.)
Budget revenues:
$265.2 million

$248.9 million, including capital expenditures of $NA (1997)
Capital George Town
Climate tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April)
Coastline 160 km
Constitution 1959, revised 1972 and 1992
Country name conventional long form:

conventional short form:
Cayman Islands
Currency Caymanian dollar (KYD)
Death rate 5.15 deaths/1,000 population (2001 est.)
Debt - external $70 million (1996)
Dependency status overseas territory of the UK
Diplomatic representation from the US none (overseas territory of the UK)
Diplomatic representation in the US none (overseas territory of the UK)
Disputes - international none
Economic aid - recipient $NA
Economy - overview With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1997, including almost 600 banks and trust companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. 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 1.2 million visitors in 1997. 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.
Electricity - consumption 306.9 million kWh (1999)
Electricity - exports 0 kWh (1999)
Electricity - imports 0 kWh (1999)
Electricity - production 330 million kWh (1999)
Electricity - production by source fossil fuel:



0% (1999)
Elevation extremes lowest point:
Caribbean Sea 0 m

highest point:
The Bluff 43 m
Environment - current issues no natural fresh water resources; drinking water supplies must be met by rainwater catchment
Ethnic groups mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20%
Exchange rates Caymanian dollars per US dollar - 0.83 (3 November 1995), 0.85 (22 November 1993)
Executive branch chief of state:
Queen ELIZABETH II (since 6 February 1952); Governor and President of the Executive Council Peter SMITH (since 5 May 1999)

head of government:
Kurt TIBBETTS (since November 2000)

Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly)

none; the monarch is hereditary; the governor is appointed by the monarch
Exports 0 kWh (1999)
Exports $1.5 million (1998)
Exports - commodities turtle products, manufactured consumer goods
Exports - partners mostly US
Fiscal year 1 April - 31 March
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
GDP purchasing power parity - $930 million (1997 est.)
GDP - composition by sector agriculture:


95.4% (1994 est.)
GDP - per capita purchasing power parity - $24,500 (1997 est.)
GDP - real growth rate 4.9% (1999 est.)
Geographic coordinates 19 30 N, 80 30 W
Geography - note important location between Cuba and Central America
Highways total:
406 km

304 km

102 km
Household income or consumption by percentage share lowest 10%:

highest 10%:
Illicit drugs vulnerable to drug money laundering and drug transshipment to the US and Europe
Imports 0 kWh (1999)
Imports $507.6 million (1998)
Imports - commodities foodstuffs, manufactured goods
Imports - partners US, Trinidad and Tobago, UK, Netherlands Antilles, Japan
Independence none (overseas territory of the UK)
Industrial production growth rate NA%
Industries tourism, banking, insurance and finance, construction, construction materials, furniture
Infant mortality rate 10.16 deaths/1,000 live births (2001 est.)
Inflation rate (consumer prices) 3% (1998)
International organization participation Caricom (observer), CDB, Interpol (subbureau), IOC, UNESCO (associate)
Internet Service Providers (ISPs) 16 (2000)
Irrigated land NA sq km
Judicial branch Summary Court; Grand Court; Cayman Islands Court of Appeal
Labor force 19,820 (1995)
Labor force - by occupation agriculture 1.4%, industry 12.6%, services 86% (1995)
Land boundaries 0 km
Land use arable land:

permanent crops:

permanent pastures:

forests and woodland:

69% (1993 est.)
Languages English
Legal system British common law and local statutes
Legislative branch unicameral Legislative Assembly (18 seats, three appointed members and 15 elected by popular vote; members serve four-year terms)

last held 8 November 2000 (next to be held NA November 2004)

election results:
percent of vote - NA%; seats - NA
Life expectancy at birth total population:
79.03 years

76.24 years

81.43 years (2001 est.)
Literacy definition:
age 15 and over has ever attended school

total population:


98% (1970 est.)
Location Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras
Map references Central America and the Caribbean
Maritime claims exclusive fishing zone:
200 NM

territorial sea:
12 NM
Merchant marine total:
106 ships (1,000 GRT or over) totaling 1,656,452 GRT/2,643,036 DWT

ships by type:
bulk 21, cargo 5, chemical tanker 27, container 4, liquefied gas 1, petroleum tanker 13, refrigerated cargo 30, roll on/roll off 4, specialized tanker 1

includes some foreign-owned ships registered here as a flag of convenience: Cyprus 2, Denmark 2, Finland 1, Greece 11, Norway 3, UK 3, US 3 (2000 est.)
Military - note defense is the responsibility of the UK
Military branches Royal Cayman Islands Police Force (RCIPF)
National holiday Constitution Day, first Monday in July
Nationality noun:

Natural hazards hurricanes (July to November)
Natural resources fish, climate and beaches that foster tourism
Net migration rate 12.58 migrant(s)/1,000 population (2001 est.)

major destination for Cubans trying to migrate to the US
Political parties and leaders there are no formal political parties but the following loose groupings act as political organizations; National Team; Democratic Alliance; Team Cayman
Political pressure groups and leaders NA
Population 35,527 (July 2001 est.)
Population below poverty line NA%
Population growth rate 2.12% (2001 est.)
Ports and harbors Cayman Brac, George Town
Radio broadcast stations AM 1, FM 5, shortwave 0 (1998)
Radios 36,000 (1997)
Railways 0 km
Religions United Church (Presbyterian and Congregational), Anglican, Baptist, Roman Catholic, Church of God, other Protestant
Sex ratio at birth:
0.86 male(s)/female

under 15 years:
0.93 male(s)/female

15-64 years:
0.95 male(s)/female

65 years and over:
0.86 male(s)/female

total population:
0.94 male(s)/female (2001 est.)
Suffrage 18 years of age; universal
Telephone system general assessment:


1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean)
Telephones - main lines in use 19,000 (1995)
Telephones - mobile cellular 2,534 (1995)
Television broadcast stations NA
Terrain low-lying limestone base surrounded by coral reefs
Total fertility rate 2.04 children born/woman (2001 est.)
Unemployment rate 4.1% (1997)
Waterways none
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