Comparisons / Comparison of Cayman Islands and Micronesia, Federated States of

Comparison of Cayman Islands and Micronesia, Federated States of [S]ave

Attribute
Micronesia, Federated States of
×

Cayman Islands
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Geography
Area (km²)702264
ContinentAustraliaNorth America
Land area (km²)702264
Water area (km²)00
Land boundaries (km)00
Coastline (km)6,112160
Lowest point (m)00
Highest point (m)78250
People
Population102,43661,944
Official languages
  • English
  • English
ReligionRoman CatholicProtestant
Government
Long country nameFederated States of Micronesia-
Short country name-Cayman Islands
Long local nameFederated States of Micronesia-
Former name
  • New Philippines; Caroline Islands; Trust Territory of the Pacific Islands
  • Ponape
  • Truk
  • and Yap Districts
-
Government typeFederal republic in free association with the USParliamentary democracy
CapitalPalikirGeorge Town
Economy
GDP (PPP) (USD)348,000,0002,507,000,000
GDP (OER) (USD)328,000,0002,250,000,000
GDP (real growth rate) (%)21.7
GDP - per capita (PPP) (USD)3,40043,800
Labor force37,92039,000
Unemployment rate (%)16.24
Population below poverty line (%)26.7-
Budget revenues (USD)213,800,000874,500,000
Budget expenditures (USD)192,100,000766,600,000
Taxes and other revenues (% of GDP)65.238.9
Budget surplus or deficit (% of GDP)6.64.8
Public debt (% of GDP)24.5-
Inflation rate (%)0.52
Commercial bank prime lending rate (%)15.7314.9
Stock of narrow money (USD)-334,300,000
Stock of broad money (USD)178,300,0005,564,000,000
Stock of domestic credit (USD)56,980,000-
Market value of publicly traded shares (USD)-315,600,000
Current account balance (USD)12,000,000-492,600,000
Exports (USD)88,300,000421,900,000
Imports (USD)167,800,000787,300,000
Reserves of foreign exchange and gold (USD)203,700,000-
External debt (USD)93,600,000-
National currencyUS DollarCaymanian dollars
National currency (code)USDKYD
National currency (symbol)$$
National currency rate to USD-0.82



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