Attribute | Value |
---|---|
Geography | |
Area | 264 km² |
Continent | North America |
Land area | 264 km² |
Water area | 0 km² |
Land boundaries | 0 km |
Border countries | Add |
Coastline | 160 km |
Mean elevation | Add |
Lowest point | 0 m |
Highest point | 50 m |
People | |
Population | 61,944 |
Official languages |
|
Religion | Protestant |
Government | |
Long country name | Add |
Short country name | Cayman Islands |
Long local name | Add |
Short local name | Add |
Former name | Add |
Government type | Parliamentary democracy |
Capital | George Town |
Economy | |
GDP (PPP) | 2,507,000,000 USD |
GDP (OER) | 2,250,000,000 USD |
GDP (real growth rate) | 1.7 % |
GDP - per capita (PPP) | 43,800 USD |
Gross national saving | Add |
Labor force | 39,000 |
Unemployment rate | 4 % |
Population below poverty line | Add |
Budget revenues | 874,500,000 USD |
Budget expenditures | 766,600,000 USD |
Military expenditures | Add |
Taxes and other revenues | 38.9 % of GDP |
Budget surplus or deficit | 4.8 % of GDP |
Public debt | Add |
Inflation rate | 2 % |
Central bank discount rate | Add |
Commercial bank prime lending rate | 14.9 % |
Stock of narrow money | 334,300,000 USD |
Stock of broad money | 5,564,000,000 USD |
Stock of domestic credit | Add |
Market value of publicly traded shares | 315,600,000 USD |
Current account balance | -492,600,000 USD |
Exports | 421,900,000 USD |
Imports | 787,300,000 USD |
Reserves of foreign exchange and gold | Add |
External debt | Add |
National currency | Caymanian dollars |
National currency (code) | KYD |
National currency (symbol) | $ |
National currency rate to USD | 0.82 |
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. The territory has transformed itself into a significant offshore financial center.