Cayman Islands

CYM Β· Latin America and Caribbean

Location

Key Facts

Region
Latin America & Caribbean
Population
74.5K
2024
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Population & Demographics

Basic Demographics

Population, total
74.5K
2024
Population growth (annual %)
1.92%
2024
Population density (people per sq. km of land area)
304.3 per kmΒ²
2023
Urban population (% of total population)
100.00%
2024

Health Indicators

Life expectancy at birth, total (years)
80.4 years
2023
Birth rate, crude (per 1,000 people)
11.84 per 1,000
2023
Death rate, crude (per 1,000 people)
4.80 per 1,000
2023
Fertility rate, total (births per woman)
1.53 children
2023

Education

Educational attainment, at least completed short-cycle tertiary, population 25+, total (%) (cumulative)
0.8%
2015
Literacy rate, adult total (% of people ages 15 and above)
98.87%
2007

Economy Snapshot

Key Economic Indicators

GDP per capita (current US$)
$97.7K
2023
Inflation, consumer prices (annual %)
-0.6%
2016
GNI per capita (current US$)
$61.8K
2022

Macroeconomic Indicators

GDP per capita, PPP (current international $)
86.7K intl$
2023

Trade & External Sector

Trade (% of GDP)
105.5%
2020
Exports of goods and services (% of GDP)
59.6%
2020
Imports of goods and services (% of GDP)
45.8%
2020

Other Indicators

International tourism, number of arrivals
660.0K
2020
Foreign direct investment, net inflows (% of GDP)
95.1%
2023

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Frequently Asked Questions

What is the average income in Cayman Islands?

According to our data, the average income in Cayman Islands is approximately $61,780 (GNI per capita) as of 2022. This figure represents Gross National Income per capita and provides insight into the economic prosperity and living standards in the country.

What is the inflation rate in Cayman Islands in 2016?

The inflation rate in Cayman Islands is -0.6% as of 2016. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

How does Cayman Islands compare to other countries in Latin America and Caribbean ?

Cayman Islands is located in Latin America and Caribbean and can be compared with other countries in the region across various economic and demographic indicators including inflation rates, unemployment, average income, cost of living, population statistics, and life expectancy. Explore our comprehensive inflation comparison, unemployment rankings, cost of living data, population statistics, and life expectancy data to see how Cayman Islands compares to neighboring and regional countries.

Cayman Islands is located in Latin America and Caribbean . Explore detailed statistics on economy, population, demographics, inflation, unemployment, and cost of living, with up-to-date data from the World Bank, IMF, UN, and other authoritative sources.

Our comprehensive database provides real-time insights into Cayman Islands's economic performance and demographic trends, allowing you to compare with other countries and understand global patterns. Access current economic indicators, population statistics, historical data, and comparative analysis to gain a deeper understanding of Cayman Islands's economic and demographic landscape. For detailed economic data, visit our economy page, and for demographic information, explore our population statistics section.

Sources and References

Data sources: World Bank, IMF, UN Data, Transparency International.

All data is compiled from publicly available sources and updated regularly. Economic indicators may vary based on reporting methodologies and data availability periods.

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