Cayman Islands (2001) | Cayman Islands (2003) | |
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.) |
0-14 years: 21.6% (male 4,525; female 4,541)
15-64 years: 70.6% (male 14,463; female 15,157) 65 years and over: 7.7% (male 1,515; female 1,733) (2003 est.) |
Airports | 3 (2000 est.) | 3 (2002) |
Airports - with paved runways | total:
2 1,524 to 2,437 m: 2 (2000 est.) |
total: 2
1,524 to 2,437 m: 2 (2002) |
Airports - with unpaved runways | total:
1 914 to 1,523 m: 1 (2000 est.) |
total: 1
914 to 1,523 m: 1 (2002) |
Area | total:
259 sq km land: 259 sq km water: 0 sq km |
total: 262 sq km
land: 262 sq km water: 0 sq km |
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. | The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica since 1863, they remained a British dependency after 1962 when the former became independent. |
Birth rate | 13.79 births/1,000 population (2001 est.) | 13.33 births/1,000 population (2003 est.) |
Budget | revenues:
$265.2 million expenditures: $248.9 million, including capital expenditures of $NA (1997) |
revenues: $265.2 million
expenditures: $248.9 million, including capital expenditures of $NA (1997) |
Country name | conventional long form:
none conventional short form: Cayman Islands |
conventional long form: none
conventional short form: Cayman Islands |
Death rate | 5.15 deaths/1,000 population (2001 est.) | 4.7 deaths/1,000 population (2003 est.) |
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. | 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 1998, 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 in 1997, with 600,000 from the US. 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) | 355.2 million kWh (2001) |
Electricity - exports | 0 kWh (1999) | 0 kWh (2001) |
Electricity - imports | 0 kWh (1999) | 0 kWh (2001) |
Electricity - production | 330 million kWh (1999) | 381.9 million kWh (2001) |
Electricity - production by source | fossil fuel:
100% hydro: 0% nuclear: 0% other: 0% (1999) |
fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (2001) |
Elevation extremes | lowest point:
Caribbean Sea 0 m highest point: The Bluff 43 m |
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 | no natural fresh water resources; drinking water supplies must be met by rainwater catchments |
Exchange rates | Caymanian dollars per US dollar - 0.83 (3 November 1995), 0.85 (22 November 1993) | Caymanian dollars per US dollar - 0.82 (29 October 2001), 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) cabinet: Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly) elections: none; the monarch is hereditary; the governor is appointed by the monarch |
chief of state: Queen ELIZABETH II (since 6 February 1952); Governor Bruce DINWIDDY (since 29 May 2002)
head of government: Chief Secretary W. McKeeva BUSH (since NA December 2001) cabinet: Executive Council (three members appointed by the governor, four members elected by the Legislative Assembly) elections: none; the monarch is hereditary; the governor is appointed by the monarch; the chief secretary is appointed by the governor |
Exports | $1.5 million (1998) | NA (2001) |
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 | blue, with the flag of the UK in the upper hoist-side quadrant and the Caymanian coat of arms 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.) | purchasing power parity - $1.27 billion (2002 est.) |
GDP - composition by sector | agriculture:
1.4% industry: 3.2% services: 95.4% (1994 est.) |
agriculture: 1.4%
industry: 3.2% services: 95.4% (1994 est.) |
GDP - per capita | purchasing power parity - $24,500 (1997 est.) | purchasing power parity - $35,000 (2002 est.) |
GDP - real growth rate | 4.9% (1999 est.) | 1.7% (2002 est.) |
Highways | total:
406 km paved: 304 km unpaved: 102 km |
total: 785 km
paved: 785 km (2000) |
Household income or consumption by percentage share | lowest 10%:
NA% highest 10%: NA% |
lowest 10%: NA%
highest 10%: NA% |
Illicit drugs | vulnerable to drug money laundering and drug transshipment to the US and Europe | offshore financial center; vulnerable to drug transshipment to the US and Europe |
Imports | $507.6 million (1998) | NA (2001) |
Infant mortality rate | 10.16 deaths/1,000 live births (2001 est.) | total: 8.64 deaths/1,000 live births
male: 9.9 deaths/1,000 live births female: 7.35 deaths/1,000 live births (2003 est.) |
Inflation rate (consumer prices) | 3% (1998) | 2.8% (2002) |
International organization participation | Caricom (observer), CDB, Interpol (subbureau), IOC, UNESCO (associate) | Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate) |
Land use | arable land:
0% permanent crops: 0% permanent pastures: 8% forests and woodland: 23% other: 69% (1993 est.) |
arable land: 0%
permanent crops: 0% other: 100% (1998 est.) |
Legislative branch | unicameral Legislative Assembly (18 seats, three appointed members and 15 elected by popular vote; members serve four-year terms)
elections: last held 8 November 2000 (next to be held NA November 2004) election results: percent of vote - NA%; seats - NA |
unicameral Legislative Assembly (18 seats, three appointed members from the Executive Council and 15 elected by popular vote; members serve four-year terms)
elections: 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 male: 76.24 years female: 81.43 years (2001 est.) |
total population: 79.67 years
male: 77.08 years female: 82.3 years (2003 est.) |
Literacy | definition:
age 15 and over has ever attended school total population: 98% male: 98% female: 98% (1970 est.) |
definition: age 15 and over has ever attended school
total population: 98% male: 98% female: 98% (1970 est.) |
Maritime claims | exclusive fishing zone:
200 NM territorial sea: 12 NM |
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 note: 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.) |
total: 123 ships (1,000 GRT or over) 2,402,058 GRT/3,792,094 DWT
ships by type: bulk 22, cargo 5, chemical tanker 31, container 2, liquefied gas 1, petroleum tanker 21, refrigerated cargo 35, roll on/roll off 5, specialized tanker 1 note: includes some foreign-owned ships registered here as a flag of convenience: Bahrain 2, China 1, Germany 4, Greece 27, Hong Kong 3, Italy 2, Japan 1, Norway 14, Sweden 13, United Kingdom 15, United States 35 (2002 est.) |
Military branches | Royal Cayman Islands Police Force (RCIPF) | no regular indigenous military forces; Royal Cayman Islands Police Force (RCIPF) |
Nationality | noun:
Caymanian(s) adjective: Caymanian |
noun: Caymanian(s)
adjective: Caymanian |
Net migration rate | 12.58 migrant(s)/1,000 population (2001 est.)
note: major destination for Cubans trying to migrate to the US |
19.27 migrant(s)/1,000 population
note: major destination for Cubans trying to migrate to the US (2003 est.) |
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 | there are no formal political parties but the following loose groupings act as political organizations; National Team [leader NA]; Democratic Alliance [leader NA]; Team Cayman [leader NA]; United Democratic Party [leader NA] |
Population | 35,527 (July 2001 est.) | 41,934 (July 2003 est.) |
Population growth rate | 2.12% (2001 est.) | 2.79% (2003 est.) |
Radios | 36,000 (1997) | - |
Religions | United Church (Presbyterian and Congregational), Anglican, Baptist, Roman Catholic, Church of God, other Protestant | United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic |
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.) |
at birth: 1.02 male(s)/female
under 15 years: 1 male(s)/female 15-64 years: 0.95 male(s)/female 65 years and over: 0.87 male(s)/female total population: 0.96 male(s)/female (2003 est.) |
Telephone system | general assessment:
NA domestic: NA international: 1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean) |
general assessment: NA
domestic: NA international: 1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean) |
Television broadcast stations | NA | 1 with cable system |
Total fertility rate | 2.04 children born/woman (2001 est.) | 1.91 children born/woman (2003 est.) |