Cayman Islands (2008) | Cayman Islands (2001) | |
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:
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.) |
Agriculture - products | vegetables, fruit; livestock; turtle farming | vegetables, fruit; livestock, turtle farming |
Airports | 3 (2007) | 3 (2000 est.) |
Airports - with paved runways | total: 2
1,524 to 2,437 m: 2 (2007) |
total:
2 1,524 to 2,437 m: 2 (2000 est.) |
Airports - with unpaved runways | total: 1
914 to 1,523 m: 1 (2007) |
total:
1 914 to 1,523 m: 1 (2000 est.) |
Area | total: 262 sq km
land: 262 sq km water: 0 sq km |
total:
259 sq km land: 259 sq km water: 0 sq km |
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 from 1863, they remained a British dependency after 1962 when the former became independent. |
Birth rate | 12.6 births/1,000 population (2007 est.) | 13.79 births/1,000 population (2001 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 |
Country name | conventional long form: none
conventional short form: Cayman Islands |
conventional long form:
none conventional short form: Cayman Islands |
Currency | - | Caymanian dollar (KYD) |
Death rate | 4.98 deaths/1,000 population (2007 est.) | 5.15 deaths/1,000 population (2001 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 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. |
Electricity - consumption | 372 million kWh (2005) | 306.9 million kWh (1999) |
Electricity - exports | 0 kWh (2005) | 0 kWh (1999) |
Electricity - imports | 0 kWh (2005) | 0 kWh (1999) |
Electricity - production | 400 million kWh (2005) | 330 million kWh (1999) |
Electricity - production by source | - | fossil fuel:
100% hydro: 0% nuclear: 0% other: 0% (1999) |
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 |
Environment - current issues | no natural fresh water resources; drinking water supplies must be met by rainwater catchments | no natural fresh water resources; drinking water supplies must be met by rainwater catchment |
Exchange rates | Caymanian dollars per US dollar - NA (2007), 0.8496 (2006) | Caymanian dollars per US dollar - 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 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 |
Exports | 0 bbl/day (2004) | $1.5 million (1998) |
Exports - partners | mostly US (2006) | mostly US |
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 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 |
GDP | - | purchasing power parity - $930 million (1997 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.) |
GDP - real growth rate | 0.9% (2004 est.) | 4.9% (1999 est.) |
Highways | - | total:
406 km paved: 304 km unpaved: 102 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 | vulnerable to drug money laundering and drug transshipment to the US and Europe |
Imports | 2,698 bbl/day (2004) | $507.6 million (1998) |
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.) |
10.16 deaths/1,000 live births (2001 est.) |
Inflation rate (consumer prices) | 4.4% (2004) | 3% (1998) |
International organization participation | Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU | Caricom (observer), 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% permanent pastures: 8% forests and woodland: 23% other: 69% (1993 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 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:
79.03 years male: 76.24 years female: 81.43 years (2001 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.) |
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:
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.) |
Military branches | no regular military forces; Royal Cayman Islands Police Force | Royal Cayman Islands Police Force (RCIPF) |
Nationality | noun: Caymanian(s)
adjective: Caymanian |
noun:
Caymanian(s) adjective: Caymanian |
Net migration rate | 17.34 migrant(s)/1,000 population
note: major destination for Cubans trying to migrate to the US (2007 est.) |
12.58 migrant(s)/1,000 population (2001 est.)
note: major destination for Cubans trying to migrate to the US |
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; Democratic Alliance; Team Cayman |
Population | 46,600
note: most of the population lives on Grand Cayman (July 2007 est.) |
35,527 (July 2001 est.) |
Population growth rate | 2.496% (2007 est.) | 2.12% (2001 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) |
Radios | - | 36,000 (1997) |
Railways | - | 0 km |
Religions | United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic | United Church (Presbyterian and Congregational), Anglican, Baptist, Roman Catholic, Church of God, other Protestant |
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:
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.) |
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) | NA |
Total fertility rate | 1.89 children born/woman (2007 est.) | 2.04 children born/woman (2001 est.) |
Unemployment rate | 4.4% (2004) | 4.1% (1997) |
Waterways | - | none |