SELECT EDITION
CATEGORIES
◆ COMMUNICATIONS(7 fields)
Broadcast media
4 television stations; cable and satellite subscription services offer a variety of international programming; government-owned Radio Cayman operates 2 networks broadcasting on 5 stations; 10 privately-owned radio stations operate alongside Radio Cayman (2007)
Internet country code
.ky
Internet hosts
21,910 (2010) country comparison to the world: 108
Internet users
23,000 (2008) country comparison to the world: 188
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 points for the MAYA-1, Eastern Caribbean Fiber System (ECFS), and the Cayman-Jamaica Fiber System submarine cables that provide links to the US and parts of Central and South America; satellite earth station - 1 Intelsat (Atlantic Ocean) (2007)
Telephones - main lines in use
38,000 (2009) country comparison to the world: 170
Telephones - mobile cellular
33,800 (2004) country comparison to the world: 201
◆ ECONOMY(40 fields)
Agriculture - products
vegetables, fruit; livestock; turtle farming
Debt - external
$70 million (1996) country comparison to the world: 184
Economy - overview
With no direct taxation, the islands are a thriving offshore financial center. More than 93,000 companies were registered in the Cayman Islands as of 2008, including almost 300 banks, 800 insurers, and 10,000 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 1.9 million in 2008, 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
507.8 million kWh (2007 est.) country comparison to the world: 161
Electricity - exports
0 kWh (2008 est.)
Electricity - imports
0 kWh (2008 est.)
Electricity - production
546 million kWh (2007 est.) country comparison to the world: 156
Exchange rates
Caymanian dollars (KYD) per US dollar - NA (2007), 0.8496 (2006)
Exports
$13.8 million (2008) country comparison to the world: 210 $2.52 million (2004)
Exports - commodities
turtle products, manufactured consumer goods
GDP (official exchange rate)
$2.25 billion (2008 est.)
GDP (purchasing power parity)
$2.25 billion (2008 est.) country comparison to the world: 182 $2.23 billion (2003 est.)
GDP - composition by sector
agriculture: 1.4% industry: 3.2% services: 95.4% (1994 est.)
GDP - per capita (PPP)
$43,800 (2004 est.) country comparison to the world: 14
GDP - real growth rate
1.1% (2008 est.) country comparison to the world: 176 0.9% (2004 est.)
Household income or consumption by percentage share
lowest 10%: NA% highest 10%: NA%
Imports
$876.5 million (2008) country comparison to the world: 173 $866.9 million (2004)
Imports - commodities
foodstuffs, manufactured goods, fuels
Industrial production growth rate
NA%
Industries
tourism, banking, insurance and finance, construction, construction materials, furniture
Inflation rate (consumer prices)
4.1% (2008) country comparison to the world: 121 4.4% (2004)
Labor force
39,000 country comparison to the world: 198 note: nearly 55% are non-nationals (2007)
Labor force - by occupation
agriculture: 1.9% industry: 19.1% services: 79% (2008 est.)
Market value of publicly traded shares
$NA (31 December 2008) country comparison to the world: 109 $183.5 million (31 December 2007) $188.4 million (31 December 2006)
Natural gas - consumption
0 cu m (2008 est.) country comparison to the world: 199
Natural gas - exports
0 cu m (2008 est.) country comparison to the world: 192
Natural gas - imports
0 cu m (2008 est.) country comparison to the world: 193
Natural gas - production
0 cu m (2008 est.) country comparison to the world: 187
Natural gas - proved reserves
0 cu m (1 January 2010 est.) country comparison to the world: 194
Oil - consumption
3,000 bbl/day (2009 est.) country comparison to the world: 177
Oil - exports
0 bbl/day (2007 est.) country comparison to the world: 204
Oil - imports
3,294 bbl/day (2007 est.) country comparison to the world: 167
Oil - production
0 bbl/day (2009 est.) country comparison to the world: 197
Oil - proved reserves
0 bbl (1 January 2010 est.) country comparison to the world: 193
Population below poverty line
NA%
Stock of broad money
$5.564 billion (31 December 2008 est.) country comparison to the world: 117
Stock of direct foreign investment - abroad
$NA
Stock of direct foreign investment - at home
$NA
Stock of narrow money
$334.3 million (31 December 2008) country comparison to the world: 165
Unemployment rate
4% (2008) country comparison to the world: 37 4.4% (2004)
◆ GEOGRAPHY(17 fields)
Area
total: 264 sq km country comparison to the world: 210 land: 264 sq km water: 0 sq km
Area - comparative
1.5 times the size of Washington, DC
Climate
tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April)
Coastline
160 km
Elevation extremes
lowest point: Caribbean Sea 0 m highest point: The Bluff on Cayman Brac 43 m
Environment - current issues
no natural fresh water resources; drinking water supplies must be met by rainwater catchments
Geographic coordinates
19 30 N, 80 30 W
Geography - note
important location between Cuba and Central America
Irrigated land
NA
Land boundaries
0 km
Land use
arable land: 3.85% permanent crops: 0% other: 96.15% (2005)
Location
Caribbean, three-island group (Grand Cayman, Cayman Brac, Little Cayman) in Caribbean Sea, 240 km south of Cuba and 268 km northwest of Jamaica
Map references
Central America and the Caribbean
Maritime claims
territorial sea: 12 nm exclusive fishing zone: 200 nm
Natural hazards
hurricanes (July to November)
Natural resources
fish, climate and beaches that foster tourism
Terrain
low-lying limestone base surrounded by coral reefs
◆ GOVERNMENT(20 fields)
Administrative divisions
8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western
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)
Constitution
The Cayman Islands Constitution Order 2009, 6 November 2009
Country name
conventional long form: none conventional short form: Cayman Islands
Dependency status
overseas territory of the UK
Diplomatic representation from the US
none (overseas territory of the UK); consular services provided through the US Embassy in Jamaica
Diplomatic representation in the US
none (overseas territory of the UK)
Executive branch
chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor Duncan TAYLOR (since 15 January 2010) head of government: Premier McKeeva BUSH (since 6 November 2009) cabinet: The Cabinet (six members are appointed by the governor on the advice of the premier, selected from among the elected members of the Legislative Assembly) (For more information visit theWorld Leaders website) elections: the monarchy is hereditary; the governor appointed by the monarch; following legislative elections, the leader of the majority party or coalition appointed by the governor as premier
Flag description
a blue field, 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 crest with a pineapple, representing the connection with Jamaica, and a turtle, representing Cayman's seafaring tradition, above a shield bearing a golden lion, symbolizing Great Britain, below which are three green stars (representing the three islands) surmounting white and blue wavy lines representing the sea and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS
Government type
parliamentary democracy
Independence
none (overseas territory of the UK)
International organization participation
Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU
Judicial branch
Grand Court; Cayman Islands Court of Appeal; Summary Court
Legal system
British common law and local statutes
Legislative branch
unicameral Legislative Assembly (20 seats; 18 members elected by popular vote and 2 ex officio members from The Cabinet; to serve four-year terms) elections: last held on 20 May 2009 (next to be held not later than May 2013) election results: percent of vote by party - NA; seats by party - UDP 9, PPM 5, independent 1
National anthem
name: "Beloved Isle Cayman" lyrics/music: Leila E. ROSS note: adopted 1993; served as an unofficial anthem since 1930; as a territory of the United Kingdom, in addition to the local anthem, "God Save the Queen" is official (see United Kingdom)
National holiday
Constitution Day, first Monday in July
Political parties and leaders
People's Progressive Movement or PPM [Kurt TIBBETTS]; United Democratic Party or UDP [McKeeva BUSH]
Political pressure groups and leaders
National Trust other: environmentalists
Suffrage
18 years of age; universal
◆ INTRODUCTION(1 fields)
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. When the Federation dissolved in 1962, the Cayman Islands chose to remain a British dependency.
◆ MILITARY(5 fields)
Manpower available for military service
males age 16-49: 12,108 (2010 est.)
Manpower fit for military service
males age 16-49: 9,860 females age 16-49: 10,287 (2010 est.)
Manpower reaching militarily significant age annually
male: 326 female: 347 (2010 est.)
Military - note
defense is the responsibility of the UK
Military branches
no regular military forces; Royal Cayman Islands Police Force (2010)
◆ PEOPLE(22 fields)
Age structure
0-14 years: 19.6% (male 4,824/female 4,783) 15-64 years: 71.1% (male 16,994/female 17,884) 65 years and over: 9.3% (male 2,139/female 2,411) (2010 est.)
Birth rate
12.29 births/1,000 population (2010 est.) country comparison to the world: 163
Death rate
5 deaths/1,000 population (July 2010 est.) country comparison to the world: 185
Education expenditures
2.6% of GDP (2006) country comparison to the world: 161
Ethnic groups
mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20%
HIV/AIDS - adult prevalence rate
NA
HIV/AIDS - deaths
NA
HIV/AIDS - people living with HIV/AIDS
NA
Infant mortality rate
total: 6.78 deaths/1,000 live births country comparison to the world: 169 male: 7.77 deaths/1,000 live births female: 5.76 deaths/1,000 live births (2010 est.)
Languages
English (official) 95%, Spanish 3.2%, other 1.8% (1999 census)
Life expectancy at birth
total population: 80.57 years country comparison to the world: 20 male: 77.91 years female: 83.27 years (2010 est.)
Literacy
definition: age 15 and over has ever attended school total population: 98% male: 98% female: 98% (1970 est.)
Median age
total: 38.4 years male: 38 years female: 38.9 years (2010 est.)
Nationality
noun: Caymanian(s) adjective: Caymanian
Net migration rate
16.09 migrant(s)/1,000 population country comparison to the world: 2 note: major destination for Cubans trying to migrate to the US (2010 est.)
Population
50,209 country comparison to the world: 206 note: most of the population lives on Grand Cayman (July 2010 est.)
Population growth rate
2.338% (2010 est.) country comparison to the world: 36
Religions
Church of God 25.5%, Roman Catholic 12.6%, Presbyterian / United Church 9.2%, Seventh Day Adventist 8.4%, Baptist 8.3%, Pentecostal 6.7%, Anglican 3.9%, other religions 4%, non-denominational 5.7%, other 6.5%, none 6.1%, unspecified 3.2% (2007)
School life expectancy (primary to tertiary education)
total: 13 years male: 13 years female: 13 years (2008)
Sex ratio
at birth: 1.016 male(s)/female under 15 years: 1.01 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 (2010 est.)
Total fertility rate
1.88 children born/woman (2010 est.) country comparison to the world: 149
Urbanization
urban population: 100% of total population (2008) rate of urbanization: 1.5% annual rate of change (2005-10 est.)
◆ TRANSNATIONAL ISSUES(2 fields)
Disputes - international
none
Illicit drugs
major offshore financial center; vulnerable to drug transshipment to the US and Europe (2008)
◆ TRANSPORTATION(6 fields)
Airports
3 (2010) country comparison to the world: 193
Airports - with paved runways
total: 2 1,524 to 2,437 m: 2 (2010)
Airports - with unpaved runways
total: 1 914 to 1,523 m: 1 (2010)
Merchant marine
total: 113 country comparison to the world: 46 by type: bulk carrier 20, cargo 3, chemical tanker 56, liquefied gas 1, petroleum tanker 8, refrigerated cargo 10, vehicle carrier 15 foreign-owned: 99 (Germany 6, Greece 11, Italy 6, Japan 19, Switzerland 1, UK 2, US 54) (2010)
Ports and terminals
Cayman Brac, George Town
Roadways
total: 785 km country comparison to the world: 186 paved: 785 km (2007)