Cayman Islands (2003) | Falkland Islands (Islas Malvinas) (2002) | |
Administrative divisions | 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western | none (overseas territory of the UK; also claimed by Argentina) |
Age structure | 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.) |
0-14 years: NA%
15-64 years: NA% 65 years and over: NA% |
Agriculture - products | vegetables, fruit; livestock, turtle farming | fodder and vegetable crops; sheep, dairy products |
Airports | 3 (2002) | 5 (2001) |
Airports - with paved runways | total: 2
1,524 to 2,437 m: 2 (2002) |
total: 2 2
2,438 to 3,047 m: 1 under 914 m: 1 1 (2002) |
Airports - with unpaved runways | total: 1
914 to 1,523 m: 1 (2002) |
total: 3 3
under 914 m: 3 (2002) |
Area | total: 262 sq km
land: 262 sq km water: 0 sq km |
total: 12,173 sq km
land: 12,173 sq km water: 0 sq km note: includes the two main islands of East and West Falkland and about 200 small islands |
Area - comparative | 1.5 times the size of Washington, DC | slightly smaller than Connecticut |
Background | 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. | Although first sighted by an English navigator in 1592, the first landing (English) did not occur until almost a century later in 1690, and the first settlement (French) was not established until 1764. The colony was turned over to Spain two years later and the islands have since been the subject of a territorial dispute, first between Britain and Spain, then between Britain and Argentina. The UK asserted its claim to the islands by establishing a naval garrison there in 1833. Argentina invaded the islands on 2 April 1982. The British responded with an expeditionary force that landed seven weeks later and after fierce fighting forced Argentine surrender on 14 June 1982. |
Birth rate | 13.33 births/1,000 population (2003 est.) | NA births/1,000 population |
Budget | revenues: $265.2 million
expenditures: $248.9 million, including capital expenditures of $NA (1997) |
revenues: $66.2 million
expenditures: $67.9 million, including capital expenditures of $23.2 million |
Capital | George Town | Stanley |
Climate | tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) | cold marine; strong westerly winds, cloudy, humid; rain occurs on more than half of days in year; occasional snow all year, except in January and February, but does not accumulate |
Coastline | 160 km | 1,288 km |
Constitution | 1959, revised 1972 and 1992 | 3 October 1985; amended 1997 and 1998 |
Country name | conventional long form: none
conventional short form: Cayman Islands |
conventional long form: none
conventional short form: Falkland Islands (Islas Malvinas) |
Currency | Caymanian dollar (KYD) | Falkland pound (FKP) |
Death rate | 4.7 deaths/1,000 population (2003 est.) | NA deaths/1,000 population |
Debt - external | $70 million (1996) | $NA |
Dependency status | overseas territory of the UK | overseas territory of the UK; also claimed by Argentina |
Diplomatic representation from the US | none (overseas territory of the UK) | none (overseas territory of the UK; also claimed by Argentina) |
Diplomatic representation in the US | none (overseas territory of the UK) | none (overseas territory of the UK; also claimed by Argentina) |
Disputes - international | none | claimed by Argentina |
Economic aid - recipient | $NA | none |
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 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. | The economy was formerly based on agriculture, mainly sheep farming, but today fishing contributes the bulk of economic activity. In 1987 the government began selling fishing licenses to foreign trawlers operating within the Falklands exclusive fishing zone. These license fees total more than $40 million per year, which goes to support the island's health, education, and welfare system. Squid accounts for 75% of the fish taken. Dairy farming supports domestic consumption; crops furnish winter fodder. Exports feature shipments of high-grade wool to the UK and the sale of postage stamps and coins. The islands are now self-financing except for defense. The British Geological Survey announced a 200-mile oil exploration zone around the islands in 1993, and early seismic surveys suggest substantial reserves capable of producing 500,000 barrels per day; to date no exploitable site has been identified. An agreement between Argentina and the UK in 1995 seeks to defuse licensing and sovereignty conflicts that would dampen foreign interest in exploiting potential oil reserves. Tourism is increasing rapidly, with about 30,000 visitors in 2001. The second largest source of income is interest paid on money the government has in the bank. The British military presence also provides a sizeable economic boost. |
Electricity - consumption | 355.2 million kWh (2001) | 11.2 million kWh (1999) |
Electricity - exports | 0 kWh (2001) | 0 kWh (1999) |
Electricity - imports | 0 kWh (2001) | 0 kWh (1999) |
Electricity - production | 381.9 million kWh (2001) | 12 million kWh (1999) |
Electricity - production by source | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (2001) |
fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (1999) |
Elevation extremes | lowest point: Caribbean Sea 0 m
highest point: The Bluff 43 m |
lowest point: Atlantic Ocean 0 m
highest point: Mount Usborne 705 m |
Environment - current issues | no natural fresh water resources; drinking water supplies must be met by rainwater catchments | overfishing by unlicensed vessels is a problem; reindeer were introduced to the islands in 2001 for commercial reasons; this is the only commercial reindeer herd in the world unaffected by the Chornobyl disaster |
Ethnic groups | mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% | British |
Exchange rates | Caymanian dollars per US dollar - 0.82 (29 October 2001), 0.83 (3 November 1995), 0.85 (22 November 1993) | Falkland pounds per US dollar - 0.6981 (January 2002), 0.6944 (2001), 0.6596 (2000), 0.6180 (1999), 0.6037 (1998), 0.6106 (1997); note - the Falkland pound is at par with the British pound |
Executive branch | 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 |
chief of state: Queen ELIZABETH II (since 6 February 1952)
head of government: Governor Howard PEARCE (since 3 December 2002); Chief Executive A. M. GURR (since NA); Financial Secretary D. F. HOWATT (since NA) cabinet: Executive Council; three members elected by the Legislative Council, two ex officio members (chief executive and the financial secretary), and the governor elections: none; the monarchy is hereditary; governor appointed by the monarch |
Exports | NA (2001) | $7.6 million (1995) |
Exports - commodities | turtle products, manufactured consumer goods | wool, hides, meat |
Exports - partners | mostly US | UK, Japan, Chile, NZ |
Fiscal year | 1 April - 31 March | 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 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 Falkland Island coat of arms in a white disk centered on the outer half of the flag; the coat of arms contains a white ram (sheep raising is the major economic activity) above the sailing ship Desire (whose crew discovered the islands) with a scroll at the bottom bearing the motto DESIRE THE RIGHT |
GDP | purchasing power parity - $1.27 billion (2002 est.) | purchasing power parity - $52 million (1996 est.) |
GDP - composition by sector | agriculture: 1.4%
industry: 3.2% services: 95.4% (1994 est.) |
agriculture: NA%
industry: NA% services: NA% |
GDP - per capita | purchasing power parity - $35,000 (2002 est.) | purchasing power parity - $19,000 |
GDP - real growth rate | 1.7% (2002 est.) | 1% |
Geographic coordinates | 19 30 N, 80 30 W | 51 45 S, 59 00 W |
Geography - note | important location between Cuba and Central America | deeply indented coast provides good natural harbors; short growing season |
Highways | total: 785 km
paved: 785 km (2000) |
total: 550 km
paved: at least 50 km unpaved: NA (2002) |
Household income or consumption by percentage share | lowest 10%: NA%
highest 10%: NA% |
lowest 10%: NA%
highest 10%: NA% |
Illicit drugs | offshore financial center; vulnerable to drug transshipment to the US and Europe | - |
Imports | NA (2001) | $24.7 million (1995) |
Imports - commodities | foodstuffs, manufactured goods | fuel, food and drink, building materials, clothing |
Imports - partners | US, Trinidad and Tobago, UK, Netherlands Antilles, Japan | UK, Japan, Chile, NZ |
Independence | none (overseas territory of the UK) | none (overseas territory of the UK; also claimed by Argentina) |
Industrial production growth rate | NA% | NA% |
Industries | tourism, banking, insurance and finance, construction, construction materials, furniture | wool and fish processing; sale of stamps and coins; tourism |
Infant mortality rate | 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.) |
NA deaths/1,000 live births |
Inflation rate (consumer prices) | 2.8% (2002) | 3.6% (1998) (1998) |
International organization participation | Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate) | ICFTU |
Internet Service Providers (ISPs) | 16 (2000) | 2 (2000) |
Irrigated land | NA sq km | NA sq km |
Judicial branch | Summary Court; Grand Court; Cayman Islands Court of Appeal | Supreme Court (chief justice is a nonresident); Magistrates Court (senior magistrate presides over civil and criminal divisions); Court of Summary Jurisdiction |
Labor force | 19,820 (1995) | 1,100 (est.) |
Labor force - by occupation | agriculture 1.4%, industry 12.6%, services 86% (1995) | agriculture 95% (mostly sheepherding and fishing) |
Land boundaries | 0 km | 0 km |
Land use | arable land: 0%
permanent crops: 0% other: 100% (1998 est.) |
arable land: 0%
permanent crops: 0% other: 100% (99% permanent pastures, 1% other) (1998 est.) |
Languages | English | English |
Legal system | British common law and local statutes | English common law |
Legislative branch | 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 |
unicameral Legislative Council (10 seats - 2 ex officio, 8 elected by popular vote, members serve four-year terms); presided over by the governor
elections: last held 22 November 2001 (next to be held NA November 2005) election results: percent of vote - NA%; seats - independents 8; note - 71% voter turnout |
Life expectancy at birth | total population: 79.67 years
male: 77.08 years female: 82.3 years (2003 est.) |
total population: NA years
male: NA years female: NA years |
Literacy | definition: age 15 and over has ever attended school
total population: 98% male: 98% female: 98% (1970 est.) |
- |
Location | Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras | Southern South America, islands in the South Atlantic Ocean, east of southern Argentina |
Map references | Central America and the Caribbean | South America |
Maritime claims | exclusive fishing zone: 200 NM
territorial sea: 12 NM |
continental shelf: 200 NM
exclusive fishing zone: 200 NM territorial sea: 12 NM |
Merchant marine | 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.) |
none (2002 est.) |
Military - note | defense is the responsibility of the UK | defense is the responsibility of the UK |
Military branches | no regular indigenous military forces; Royal Cayman Islands Police Force (RCIPF) | British Forces Falkland Islands no regular indigenous military forces; (includes Army, Royal Air Force, and Royal Navy), Police Force |
Military expenditures - dollar figure | - | $NA |
Military expenditures - percent of GDP | - | NA% |
National holiday | Constitution Day, first Monday in July | Liberation Day, 14 June (1982) |
Nationality | noun: Caymanian(s)
adjective: Caymanian |
noun: Falkland Islander(s)
adjective: Falkland Island |
Natural hazards | hurricanes (July to November) | strong winds persist throughout the year |
Natural resources | fish, climate and beaches that foster tourism | fish, wildlife |
Net migration rate | 19.27 migrant(s)/1,000 population
note: major destination for Cubans trying to migrate to the US (2003 est.) |
NA migrant(s)/1,000 population |
Political parties and leaders | 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] | none; all independents |
Political pressure groups and leaders | NA | none |
Population | 41,934 (July 2003 est.) | 2,967 (July 2002 est.) |
Population below poverty line | NA% | NA% |
Population growth rate | 2.79% (2003 est.) | 2.44% (2002 est.) |
Ports and harbors | Cayman Brac, George Town | Stanley |
Radio broadcast stations | AM 1, FM 5, shortwave 0 (1998) | AM 1, FM 7, shortwave 0 (1998) |
Radios | - | 1,000 (1997) |
Railways | 0 km | 0 km |
Religions | United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic | primarily Anglican, Roman Catholic, United Free Church, Evangelist Church, Jehovah's Witnesses, Lutheran, Seventh-Day Adventist |
Sex ratio | 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.) |
- |
Suffrage | 18 years of age; universal | 18 years of age; universal |
Telephone system | general assessment: NA
domestic: NA international: 1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean) |
general assessment: NA
domestic: government-operated radiotelephone and private VHF/CB radiotelephone networks provide effective service to almost all points on both islands international: satellite earth station - 1 Intelsat (Atlantic Ocean) with links through London to other countries |
Telephones - main lines in use | 19,000 (1995) | NA |
Telephones - mobile cellular | 2,534 (1995) | NA |
Television broadcast stations | 1 with cable system | 2 (operated by the British Forces Broadcasting Service)
note: cable television is available in Stanley (2002) |
Terrain | low-lying limestone base surrounded by coral reefs | rocky, hilly, mountainous with some boggy, undulating plains |
Total fertility rate | 1.91 children born/woman (2003 est.) | NA children born/woman |
Unemployment rate | 4.1% (1997) | full employment; labor shortage |
Waterways | none | none |