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Compare Cayman Islands (2008) - Cayman Islands (2006)

Compare Cayman Islands (2008) z Cayman Islands (2006)

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 Cayman Islands (2008)Cayman Islands (2006)
 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: 20.7% (male 4,708/female 4,700)


15-64 years: 70.9% (male 15,707/female 16,504)


65 years and over: 8.4% (male 1,793/female 2,024) (2006 est.)
Airports 3 (2007) 3 (2006)
Airports - with paved runways total: 2


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


1,524 to 2,437 m: 2 (2006)
Airports - with unpaved runways total: 1


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


914 to 1,523 m: 1 (2006)
Birth rate 12.6 births/1,000 population (2007 est.) 12.74 births/1,000 population (2006 est.)
Budget revenues: $423.8 million


expenditures: $392.6 million (2004)
revenues: $423.8 million


expenditures: $392.6 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)
name: George Town (on Grand Cayman)


geographic coordinates: 19 20 N, 81 23 W


time difference: UTC-5 (same time as Washington, DC during Standard Time)
Death rate 4.98 deaths/1,000 population (2007 est.) 4.89 deaths/1,000 population (2006 est.)
Economic aid - recipient $390,000 (2004) $390,000 $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) 411 million kWh (2003)
Electricity - exports 0 kWh (2005) 0 kWh (2003)
Electricity - imports 0 kWh (2005) 0 kWh (2003)
Electricity - production 400 million kWh (2005) 441.9 million kWh (2003)
Exchange rates Caymanian dollars per US dollar - NA (2007), 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 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 0 bbl/day (2004) NA bbl/day
Exports - partners mostly US (2006) mostly US (2004)
Imports 2,698 bbl/day (2004) NA bbl/day
Imports - partners US, Netherlands Antilles, Japan (2006) US, Netherlands Antilles, Japan (2004)
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 deaths/1,000 live births


male: 9.16 deaths/1,000 live births


female: 6.81 deaths/1,000 live births (2006 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, 3 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 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: 80.2 years


male: 77.57 years


female: 82.87 years (2007 est.)
total population: 80.07 years


male: 77.45 years


female: 82.74 years (2006 est.)
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: 132 ships (1000 GRT or over) 2,746,290 GRT/4,366,790 DWT


by type: bulk carrier 32, cargo 14, chemical tanker 42, liquefied gas 1, passenger 1, petroleum tanker 14, refrigerated cargo 23, roll on/roll off 3, specialized tanker 1, vehicle carrier 1


foreign-owned: 130 (Denmark 5, Germany 13, Greece 21, Italy 12, Japan 1, Malaysia 1, Netherlands 4, Norway 2, Philippines 1, Singapore 10, Sweden 9, UK 10, US 41) (2006)
Net migration rate 17.34 migrant(s)/1,000 population


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


note: major destination for Cubans trying to migrate to the US (2006 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 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]
Population 46,600


note: most of the population lives on Grand Cayman (July 2007 est.)
45,436


note: most of the population lives on Grand Cayman (July 2006 est.)
Population growth rate 2.496% (2007 est.) 2.56% (2006 est.)
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: 0.89 male(s)/female


total population: 0.96 male(s)/female (2006 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: 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)
Total fertility rate 1.89 children born/woman (2007 est.) 1.9 children born/woman (2006 est.)
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