Cayman Islands (2003) | World (2002) | |
Administrative divisions | 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western | 268 nations, dependent areas, other, and miscellaneous entries |
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: 29.2% (male 932,581,592; female 885,688,851)
15-64 years: 63.7% (male 2,009,997,089; female 1,964,938,201) 65 years and over: 7.1% (male 193,549,180; female 247,067,032) (2002 est.) |
Agriculture - products | vegetables, fruit; livestock, turtle farming | - |
Airports | 3 (2002) | - |
Airports - with paved runways | total: 2
1,524 to 2,437 m: 2 (2002) |
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Airports - with unpaved runways | total: 1
914 to 1,523 m: 1 (2002) |
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Area | total: 262 sq km
land: 262 sq km water: 0 sq km |
total: 510.072 million sq km
land: 148.94 million sq km water: 361.132 million sq km note: 70.8% of the world's surface is water, 29.2% is land |
Area - comparative | 1.5 times the size of Washington, DC | land area about 16 times the size of the US |
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. | Globally, the 20th century was marked by: (a) two devastating world wars; (b) the Great Depression of the 1930s; (c) the end of vast colonial empires; (d) rapid advances in science and technology, from the first airplane flight at Kitty Hawk, North Carolina (US) to the landing on the moon; (e) the Cold War between the Western alliance and the Warsaw Pact nations; (f) a sharp rise in living standards in North America, Europe, and Japan; (g) increased concerns about the environment, including loss of forests, shortages of energy and water, the decline in biological diversity, and air pollution; (h) the onset of the AIDS epidemic; and (i) the ultimate emergence of the US as the only world superpower. The planet's population continues to explode: from 1 billion in 1820, to 2 billion in 1930, 3 billion in 1960, 4 billion in 1974, 5 billion in 1988, and 6 billion in 2000. For the 21st century, the continued exponential growth in science and technology raises both hopes (e.g., advances in medicine) and fears (e.g., development of even more lethal weapons of war). |
Birth rate | 13.33 births/1,000 population (2003 est.) | 21.16 births/1,000 population (2002 est.) |
Budget | revenues: $265.2 million
expenditures: $248.9 million, including capital expenditures of $NA (1997) |
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Capital | George Town | - |
Climate | tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) | two large areas of polar climates separated by two rather narrow temperate zones form a wide equatorial band of tropical to subtropical climates |
Coastline | 160 km | 356,000 km |
Constitution | 1959, revised 1972 and 1992 | - |
Country name | conventional long form: none
conventional short form: Cayman Islands |
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Currency | Caymanian dollar (KYD) | - |
Death rate | 4.7 deaths/1,000 population (2003 est.) | 8.93 deaths/1,000 population (2002 est.) |
Debt - external | $70 million (1996) | $2 trillion for less developed countries (2001 est.) |
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 | official development assistance (ODA) $50 billion (2001 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 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. | Growth in global output (gross world product, GWP) fell from 4.8% in 2000 to 2.2% in 2001. The causes: slowdowns in the US economy (21% of GWP) and in the 15 EU economies (20% of GWP); continued stagnation in the Japanese economy (7.3% of GWP); and spillover effects in the less developed regions of the world. China, the second largest economy in the world (12% of GWP), proved an exception, continuing its rapid annual growth, officially announced as 7.3% but estimated by many observers as perhaps two percentage points lower. Russia (2.6% of GWP), with 5.2% growth, continued to make uneven progress, its GDP per capita still only one-third that of the leading industrial nations. The other 14 successor nations of the USSR and the other old Warsaw Pact nations again experienced widely divergent growth rates; the three Baltic nations were strong performers, in the 5% range of growth. The developing nations also varied in their growth results, with many countries facing population increases that eat up gains in output. Externally, the nation-state, as a bedrock economic-political institution, is steadily losing control over international flows of people, goods, funds, and technology. Internally, the central government often finds its control over resources slipping as separatist regional movements - typically based on ethnicity - gain momentum, e.g., in many of the successor states of the former Soviet Union, in the former Yugoslavia, in India, in Indonesia, and in Canada. In Western Europe, governments face the difficult political problem of channeling resources away from welfare programs in order to increase investment and strengthen incentives to seek employment. The addition of 80 million people each year to an already overcrowded globe is exacerbating the problems of pollution, desertification, underemployment, epidemics, and famine. Because of their own internal problems and priorities, the industrialized countries devote insufficient resources to deal effectively with the poorer areas of the world, which, at least from the economic point of view, are becoming further marginalized. The introduction of the euro as the common currency of much of Western Europe in January 1999, while paving the way for an integrated economic powerhouse, poses economic risks because of varying levels of income and cultural and political differences among the participating nations. The terrorist attacks on the US on 11 September 2001 accentuate a further growing risk to global prosperity, illustrated, for example, by the reallocation of resources away from investment to anti-terrorist programs. (For specific economic developments in each country of the world in 2001, see the individual country entries.) |
Electricity - consumption | 355.2 million kWh (2001) | - |
Electricity - exports | 0 kWh (2001) | - |
Electricity - imports | 0 kWh (2001) | - |
Electricity - production | 381.9 million kWh (2001) | - |
Electricity - production by source | fossil fuel: 100%
hydro: 0% nuclear: 0% other: 0% (2001) |
fossil fuel: NA%
hydro: NA% nuclear: NA% other: NA% |
Elevation extremes | lowest point: Caribbean Sea 0 m
highest point: The Bluff 43 m |
lowest point: Bentley Subglacial Trench -2,540 m
note: in the oceanic realm, Challenger Deep in the Mariana Trench is the lowest point, lying -10,924 m below the surface of the Pacific Ocean highest point: Mount Everest 8,850 m (1999 est.) |
Environment - current issues | no natural fresh water resources; drinking water supplies must be met by rainwater catchments | large areas subject to overpopulation, industrial disasters, pollution (air, water, acid rain, toxic substances), loss of vegetation (overgrazing, deforestation, desertification), loss of wildlife, soil degradation, soil depletion, erosion |
Ethnic groups | mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% | - |
Exchange rates | 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 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 |
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Exports | NA (2001) | $6.3 trillion f.o.b. (2001 est.) |
Exports - commodities | turtle products, manufactured consumer goods | the whole range of industrial and agricultural goods and services |
Exports - partners | mostly US | in value, about 75% of exports from the developed countries |
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 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 - $1.27 billion (2002 est.) | GWP (gross world product) - purchasing power parity - $47 trillion (2001 est.) |
GDP - composition by sector | agriculture: 1.4%
industry: 3.2% services: 95.4% (1994 est.) |
agriculture: 4%
industry: 32% services: 64% (2001 est.) |
GDP - per capita | purchasing power parity - $35,000 (2002 est.) | purchasing power parity - $7,600 (2001 est.) |
GDP - real growth rate | 1.7% (2002 est.) | 2.2% (2001 est.) |
Geographic coordinates | 19 30 N, 80 30 W | - |
Geography - note | important location between Cuba and Central America | the world is now thought to be about 4.55 billion years old, just about one-third of the 13-billion-year age estimated for the universe |
Highways | total: 785 km
paved: 785 km (2000) |
total: NA km
paved: NA km unpaved: NA km |
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) | $6.3 trillion f.o.b. (2001 est.) |
Imports - commodities | foodstuffs, manufactured goods | the whole range of industrial and agricultural goods and services |
Imports - partners | US, Trinidad and Tobago, UK, Netherlands Antilles, Japan | in value, about 75% of imports into the developed countries |
Independence | none (overseas territory of the UK) | - |
Industrial production growth rate | NA% | 6% (2000 est.) |
Industries | tourism, banking, insurance and finance, construction, construction materials, furniture | dominated by the onrush of technology, especially in computers, robotics, telecommunications, and medicines and medical equipment; most of these advances take place in OECD nations; only a small portion of non-OECD countries have succeeded in rapidly adjusting to these technological forces; the accelerated development of new industrial (and agricultural) technology is complicating already grim environmental problems |
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.) |
51.55 deaths/1,000 live births (2002 est.) |
Inflation rate (consumer prices) | 2.8% (2002) | developed countries 1% to 4% typically; developing countries 5% to 60% typically (2001 est.); national inflation rates vary widely in individual cases, from declining prices in Japan to hyperinflation in several Third World countries |
International organization participation | Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate) | - |
Internet Service Providers (ISPs) | 16 (2000) | 10,350 (2000 est.) |
Irrigated land | NA sq km | 2,714,320 sq km (1998 est.) |
Judicial branch | Summary Court; Grand Court; Cayman Islands Court of Appeal | - |
Labor force | 19,820 (1995) | NA |
Labor force - by occupation | agriculture 1.4%, industry 12.6%, services 86% (1995) | agriculture NA%, industry NA%, services NA% |
Land boundaries | 0 km | the land boundaries in the world total 250,472 km (not counting shared boundaries twice) |
Land use | arable land: 0%
permanent crops: 0% other: 100% (1998 est.) |
arable land: 10.58%
permanent crops: 1% other: 88.42% (1998 est.) |
Languages | English | Chinese, Mandarin 14.37%, Hindi 6.02%, English 5.61%, Spanish 5.59%, Bengali 3.4%, Portuguese 2.63%, Russian 2.75%, Japanese 2.06%, German, Standard 1.64%, Korean 1.28%, French 1.27% (2000 est.)
note: percents are for "first language" speakers only |
Legal system | British common law and local statutes | all members of the UN plus Switzerland are parties to the statute that established the International Court of Justice (ICJ) or World Court |
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 |
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Life expectancy at birth | total population: 79.67 years
male: 77.08 years female: 82.3 years (2003 est.) |
total population: 63.94 years
male: 62.28 years female: 65.67 years (2002 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 can read and write
total population: 77% male: 83% female: 71% (1995 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 | Physical Map of the World, Political Map of the World, Standard Time Zones of the World |
Maritime claims | exclusive fishing zone: 200 NM
territorial sea: 12 NM |
a variety of situations exist, but in general, most countries make the following claims: contiguous zone - 24 NM; continental shelf - 200-m depth or to the depth of exploitation, or 200 NM or to the edge of the continental margin; exclusive fishing zone - 200 NM; exclusive economic zone - 200 NM; territorial sea - 12 NM; boundary situations with neighboring states prevent many countries from extending their fishing or economic zones to a full 200 NM; 43 nations and other areas that are landlocked include Afghanistan, Andorra, Armenia, Austria, Azerbaijan, Belarus, Bhutan, Bolivia, Botswana, Burkina Faso, Burundi, Central African Republic, Chad, Czech Republic, Ethiopia, Holy See (Vatican City), Hungary, Kazakhstan, Kyrgyzstan, Laos, Lesotho, Liechtenstein, Luxembourg, Malawi, Mali, Moldova, Mongolia, Nepal, Niger, Paraguay, Rwanda, San Marino, Slovakia, Swaziland, Switzerland, Tajikistan, The Former Yugoslav Republic of Macedonia, Turkmenistan, Uganda, Uzbekistan, West Bank, Zambia, Zimbabwe; two of these, Liechtenstein and Uzbekistan, are doubly landlocked |
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.) |
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Military - note | defense is the responsibility of the UK | - |
Military branches | no regular indigenous military forces; Royal Cayman Islands Police Force (RCIPF) | - |
Military expenditures - dollar figure | - | aggregate real expenditure on arms worldwide in 1999 remained at approximately the 1998 level, about three-quarters of a trillion dollars (1999 est.) |
Military expenditures - percent of GDP | - | roughly 2% of gross world product (1999 est.) |
National holiday | Constitution Day, first Monday in July | - |
Nationality | noun: Caymanian(s)
adjective: Caymanian |
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Natural hazards | hurricanes (July to November) | large areas subject to severe weather (tropical cyclones), natural disasters (earthquakes, landslides, tsunamis, volcanic eruptions) |
Natural resources | fish, climate and beaches that foster tourism | the rapid depletion of nonrenewable mineral resources, the depletion of forest areas and wetlands, the extinction of animal and plant species, and the deterioration in air and water quality (especially in Eastern Europe, the former USSR, and China) pose serious long-term problems that governments and peoples are only beginning to address |
Net migration rate | 19.27 migrant(s)/1,000 population
note: major destination for Cubans trying to migrate to the US (2003 est.) |
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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] | - |
Political pressure groups and leaders | NA | - |
Population | 41,934 (July 2003 est.) | 6,233,821,945 (July 2002 est.) |
Population below poverty line | NA% | - |
Population growth rate | 2.79% (2003 est.) | 1.23% (2002 est.) |
Ports and harbors | Cayman Brac, George Town | Chiba, Houston, Kawasaki, Kobe, Marseille, Mina' al Ahmadi (Kuwait), New Orleans, New York, Rotterdam, Yokohama |
Radio broadcast stations | AM 1, FM 5, shortwave 0 (1998) | AM NA, FM NA, shortwave NA |
Radios | - | NA |
Railways | 0 km | total: 1,201,337 km includes about 190,000 to 195,000 km of electrified routes of which 147,760 km are in Europe, 24,509 km in the Far East, 11,050 km in Africa, 4,223 km in South America, and 4,160 km in North America; note - fastest speed in daily service is 300 km/hr attained by France's Societe Nationale des Chemins-de-Fer Francais (SNCF) Le Train a Grande Vitesse (TGV) - Atlantique line
broad gauge: 251,153 km standard gauge: 710,754 km narrow gauge: 239,430 km |
Religions | United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic | Christians 32.88% (of which Roman Catholics 17.39%, Protestants 5.62%, Orthodox 3.54%, Anglicans 1.31%), Muslims 19.54%, Hindus 13.34%, Buddhists 5.92%, Sikhs 0.38%, Jews 0.24%, other religions 12.6%, non-religious 12.63%, atheists 2.47% (2000 est.) |
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.) |
at birth: 1.05 male(s)/female
under 15 years: 1.05 male(s)/female 15-64 years: 1.02 male(s)/female 65 years and over: 0.78 male(s)/female total population: 1.01 male(s)/female (2002 est.) |
Suffrage | 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: NA international: NA |
Telephones - main lines in use | 19,000 (1995) | NA |
Telephones - mobile cellular | 2,534 (1995) | NA |
Television broadcast stations | 1 with cable system | NA |
Terrain | low-lying limestone base surrounded by coral reefs | the greatest ocean depth is the Mariana Trench at 10,924 m in the Pacific Ocean |
Total fertility rate | 1.91 children born/woman (2003 est.) | 2.7 children born/woman (2002 est.) |
Unemployment rate | 4.1% (1997) | 30% combined unemployment and underemployment in many non-industrialized countries; developed countries typically 4%-12% unemployment (2001 est.) |
Waterways | none | - |