Compare Cayman Islands (2005) - Cayman Islands (2008)

Compare Cayman Islands (2005) z Cayman Islands (2008)

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	Cayman Islands (2005)	Cayman Islands (2008)

Age structure	0-14 years: 21.1% (male 4,658/female 4,662) 15-64 years: 70.8% (male 15,284/female 16,050) 65 years and over: 8.2% (male 1,699/female 1,917) (2005 est.)	0-14 years: 20.3% (male 4,746/female 4,730) 15-64 years: 71% (male 16,135/female 16,964) 65 years and over: 8.6% (male 1,892/female 2,133) (2007 est.)
Agriculture - products	vegetables, fruit; livestock, turtle farming	vegetables, fruit; livestock; turtle farming
Airports	3 (2004 est.)	3 (2007)
Airports - with paved runways	total: 2 1,524 to 2,437 m: 2 (2004 est.)	total: 2 1,524 to 2,437 m: 2 (2007)
Airports - with unpaved runways	total: 1 914 to 1,523 m: 1 (2004 est.)	total: 1 914 to 1,523 m: 1 (2007)
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.	The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries, and were administered by Jamaica after 1863. In 1959, the islands became a territory within the Federation of the West Indies, but when the Federation dissolved in 1962, the Cayman Islands chose to remain a British dependency.
Birth rate	12.92 births/1,000 population (2005 est.)	12.6 births/1,000 population (2007 est.)
Budget	revenues: $265.2 million expenditures: $248.9 million, including capital expenditures of NA (1997)	revenues: $423.8 million expenditures: $392.6 million (2004)
Capital	George Town	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)
Constitution	1959; revised 1972 and 1992	1959; revised 1962, 1972, and 1994
Death rate	4.81 deaths/1,000 population (2005 est.)	4.98 deaths/1,000 population (2007 est.)
Economic aid - recipient	NA	$390,000 (2004)
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.	With no direct taxation, the islands are a thriving offshore financial center. More than 68,000 companies were registered in the Cayman Islands as of 2003, including almost 500 banks, 800 insurers, and 5,000 mutual funds. 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 2.1 million in 2003, with about half 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	382.1 million kWh (2002)	372 million kWh (2005)
Electricity - exports	0 kWh (2002)	0 kWh (2005)
Electricity - imports	0 kWh (2002)	0 kWh (2005)
Electricity - production	410.8 million kWh (2002)	400 million kWh (2005)
Elevation extremes	lowest point: Caribbean Sea 0 m highest point: The Bluff 43 m	lowest point: Caribbean Sea 0 m highest point: The Bluff (Cayman Brac) 43 m
Exchange rates	Caymanian dollars per US dollar - 0.82 (29 October 2001), 0.83 (3 November 1995), 0.85 (22 November 1993)	Caymanian dollars per US dollar - NA (2007), 0.8496 (2006)
Executive branch	chief of state: Queen ELIZABETH II (since 6 February 1952); Governor Bruce DINWIDDY (since 29 May 2002) head of government: Leader of Government Business Kurt TIBBETTS (since 18 May 2005) 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; following legislative elections, the leader of the majority party or coalition is appointed by the governor Leader of Government Business	chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor Stuart JACK (since 23 November 2005) head of government: Leader of Government Business Kurt TIBBETTS (since 18 May 2005) 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; following legislative elections, the leader of the majority party or coalition is appointed by the governor Leader of Government Business
Exports	NA	0 bbl/day (2004)
Exports - partners	mostly US	mostly US (2006)
GDP - per capita	purchasing power parity - $32,300 (2004 est.)	-
GDP - real growth rate	1.7% (2002 est.)	0.9% (2004 est.)
Highways	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%
Imports	NA	2,698 bbl/day (2004)
Imports - partners	US, Trinidad and Tobago, UK, Netherlands Antilles, Japan	US, Netherlands Antilles, Japan (2006)
Infant mortality rate	total: 8.19 deaths/1,000 live births male: 9.39 deaths/1,000 live births female: 6.97 deaths/1,000 live births (2005 est.)	total: 7.8 deaths/1,000 live births male: 8.94 deaths/1,000 live births female: 6.65 deaths/1,000 live births (2007 est.)
Inflation rate (consumer prices)	2.8% (2002)	4.4% (2004)
Irrigated land	NA sq km	NA
Labor force	19,820 (1995)	23,450 (2004)
Labor force - by occupation	agriculture 1.4%, industry 12.6%, services 86% (1995)	agriculture: 1.4% industry: 12.6% services: 86% (1995)
Land use	arable land: 3.85% permanent crops: 0% other: 96.15% (2001)	arable land: 3.85% permanent crops: 0% other: 96.15% (2005)
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 11 May 2005 (next to be held 2009) election results: percent of vote - NA%; seats - PPM 9, UDP 5, independent 1	unicameral Legislative Assembly (18 seats; 3 appointed members from the Executive Council and 15 elected by popular vote; to serve four-year terms) elections: last held 11 May 2005 (next to be held in 2009) election results: percent of vote by party - NA; seats by party - PPM 9, UDP 5, independent 1
Life expectancy at birth	total population: 79.95 years male: 77.33 years female: 82.6 years (2005 est.)	total population: 80.2 years male: 77.57 years female: 82.87 years (2007 est.)
Location	Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras	Caribbean, three island (Grand Cayman, Cayman Brac, Little Cayman) group in Caribbean Sea, 240 km south of Cuba and 268 km northwest of Jamaica
Merchant marine	total: 129 ships (1,000 GRT or over) 2,827,837 GRT/4,555,974 DWT by type: bulk carrier 29, cargo 12, chemical tanker 39, liquefied gas 1, petroleum tanker 17, refrigerated cargo 28, roll on/roll off 3 foreign-owned: 126 (Denmark 1, Germany 14, Greece 20, Italy 12, Norway 1, Philippines 1, Sweden 13, Switzerland 11, United Kingdom 9, United States 44) (2005)	total: 124 ships (1000 GRT or over) 2,953,923 GRT/4,597,716 DWT by type: bulk carrier 33, cargo 11, chemical tanker 41, liquefied gas 1, passenger 1, petroleum tanker 17, refrigerated cargo 13, roll on/roll off 3, vehicle carrier 4 foreign-owned: 122 (Denmark 3, Germany 17, Greece 23, Italy 10, Japan 6, Norway 2, Singapore 10, Sweden 1, UK 9, US 41) (2007)
Net migration rate	18.25 migrant(s)/1,000 population note: major destination for Cubans trying to migrate to the US (2005 est.)	17.34 migrant(s)/1,000 population note: major destination for Cubans trying to migrate to the US (2007 est.)
Political parties and leaders	no national teams (loose groupings of political organizations) were formed for the 2000 elections; United Democratic Party or UDP [leader McKeeva BUSH]; People's Progressive Movement or PPM [leader Kurt TIBBETTS]	United Democratic Party or UDP [McKeeva BUSH]; People's Progressive Movement or PPM [Kurt TIBBETTS]; note - no national teams (loose groupings of political organizations) were formed for the 2000 elections
Population	44,270 (July 2005 est.)	46,600 note: most of the population lives on Grand Cayman (July 2007 est.)
Population below poverty line	NA (2002 est.)	NA%
Population growth rate	2.64% (2005 est.)	2.496% (2007 est.)
Ports and harbors	Cayman Brac, George Town	-
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: 0.89 male(s)/female total population: 0.96 male(s)/female (2005 est.)	at birth: 1.02 male(s)/female under 15 years: 1.003 male(s)/female 15-64 years: 0.951 male(s)/female 65 years and over: 0.887 male(s)/female total population: 0.956 male(s)/female (2007 est.)
Telephone system	general assessment: reasonably good system domestic: liberalization of telecom market in 2003 reflected in falling prices and improving services international: country code - 1-345; 2 submarine fiber optic cables (Maya-1, Cayman-Jamaica); satellite earth station - 1 Intelsat (Atlantic Ocean)	general assessment: reasonably good system domestic: liberalization of telecom market in 2003; introduction of competition in the mobile-cellular market in 2004 international: country code - 1-345; landing point for the MAYA-1 submarine telephone cable network that provides links to the US and parts of Central and South America; submarine cable provides connectivity to Jamaica; satellite earth station - 1 Intelsat (Atlantic Ocean) (2007)
Total fertility rate	1.9 children born/woman (2005 est.)	1.89 children born/woman (2007 est.)
Unemployment rate	4.1% (1997)	4.4% (2004)

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