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Compare Cayman Islands (2007) - Cayman Islands (2003)

Compare Cayman Islands (2007) z Cayman Islands (2003)

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 Cayman Islands (2007)Cayman Islands (2003)
 Cayman IslandsCayman Islands
Age structure 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.)
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.)
Agriculture - products vegetables, fruit; livestock; turtle farming vegetables, fruit; livestock, turtle farming
Airports 3 (2007) 3 (2002)
Airports - with paved runways total: 2


1,524 to 2,437 m: 2 (2007)
total: 2


1,524 to 2,437 m: 2 (2002)
Airports - with unpaved runways total: 1


914 to 1,523 m: 1 (2007)
total: 1


914 to 1,523 m: 1 (2002)
Background 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. 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 12.6 births/1,000 population (2007 est.) 13.33 births/1,000 population (2003 est.)
Budget revenues: $423.8 million


expenditures: $392.6 million (2004)
revenues: $265.2 million


expenditures: $248.9 million, including capital expenditures of $NA (1997)
Capital 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)
George Town
Constitution 1959; revised 1962, 1972, and 1994 1959, revised 1972 and 1992
Currency - Caymanian dollar (KYD)
Death rate 4.98 deaths/1,000 population (2007 est.) 4.7 deaths/1,000 population (2003 est.)
Economic aid - recipient $390,000 (2004) $NA
Economy - overview 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. 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 372 million kWh (2005) 355.2 million kWh (2001)
Electricity - exports 0 kWh (2005) 0 kWh (2001)
Electricity - imports 0 kWh (2005) 0 kWh (2001)
Electricity - production 400 million kWh (2005) 381.9 million kWh (2001)
Electricity - production by source - fossil fuel: 100%


hydro: 0%


nuclear: 0%


other: 0% (2001)
Elevation extremes lowest point: Caribbean Sea 0 m


highest point: The Bluff (Cayman Brac) 43 m
lowest point: Caribbean Sea 0 m


highest point: The Bluff 43 m
Exchange rates Caymanian dollars per US dollar - 0.8496 (2006) 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); 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
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 NA bbl/day NA (2001)
Exports - partners mostly US (2006) mostly US
GDP - purchasing power parity - $1.27 billion (2002 est.)
GDP - per capita - purchasing power parity - $35,000 (2002 est.)
GDP - real growth rate 0.9% (2004 est.) 1.7% (2002 est.)
Highways - total: 785 km


paved: 785 km (2000)
Imports NA bbl/day NA (2001)
Imports - partners US, Netherlands Antilles, Japan (2006) US, Trinidad and Tobago, UK, Netherlands Antilles, Japan
Infant mortality rate 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.)
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) 4.4% (2004) 2.8% (2002)
International organization participation Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate)
Internet Service Providers (ISPs) - 16 (2000)
Irrigated land NA NA sq km
Labor force 23,450 (2004) 19,820 (1995)
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% (2005)
arable land: 0%


permanent crops: 0%


other: 100% (1998 est.)
Legislative branch 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
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: 80.2 years


male: 77.57 years


female: 82.87 years (2007 est.)
total population: 79.67 years


male: 77.08 years


female: 82.3 years (2003 est.)
Location Caribbean, three island (Grand Cayman, Cayman Brac, Little Cayman) group in Caribbean Sea, 240 km south of Cuba and 268 km northwest of Jamaica Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras
Maritime claims territorial sea: 12 nm


exclusive fishing zone: 200 nm
exclusive fishing zone: 200 NM


territorial sea: 12 NM
Merchant marine 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)
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 no regular military forces; Royal Cayman Islands Police Force no regular indigenous military forces; Royal Cayman Islands Police Force (RCIPF)
Net migration rate 17.34 migrant(s)/1,000 population


note: major destination for Cubans trying to migrate to the US (2007 est.)
19.27 migrant(s)/1,000 population


note: major destination for Cubans trying to migrate to the US (2003 est.)
Political parties and leaders 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 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 46,600


note: most of the population lives on Grand Cayman (July 2007 est.)
41,934 (July 2003 est.)
Population growth rate 2.496% (2007 est.) 2.79% (2003 est.)
Ports and harbors - Cayman Brac, George Town
Radio broadcast stations AM 1, FM 4, shortwave 0 (2004) AM 1, FM 5, shortwave 0 (1998)
Railways - 0 km
Sex ratio 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.)
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: 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)
general assessment: NA


domestic: NA


international: 1 submarine coaxial cable; satellite earth station - 1 Intelsat (Atlantic Ocean)
Telephones - main lines in use 38,000 (2002) 19,000 (1995)
Telephones - mobile cellular 17,000 (2002) 2,534 (1995)
Television broadcast stations 4 with cable system (2004) 1 with cable system
Total fertility rate 1.89 children born/woman (2007 est.) 1.91 children born/woman (2003 est.)
Unemployment rate 4.4% (2004) 4.1% (1997)
Waterways - none
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