Flag of Cayman Islands

Cayman Islands

CYM Β· Latin America and Caribbean

Cayman Islands: GDP 88.4K intl$ per capita, population 74.5K, inflation -0.6%. Compare economy, demographics and cost of living with other countries.

Location

Key Facts

Region
Latin America & Caribbean
Population
74.5K
2024
View all demographics β†’

Geography and Government

Area
264 kmΒ²
Capital
George Town
ISO 2
KY
ISO 3
CYM
Calling code
+1345
Internet TLD
.ky
Government type
parliamentary democracy; self-governing overseas territory of the UK

Age Structure

0-14 years 17.4%
15-64 years 65.9%
65+ years 16.7%

Languages

Language Type Share Speakers
English Official 88.8% -
Spanish Official 3.9% -
Filipino Official 3.8% -
Other Official 2.8% -
Unspecified Official 0.7% -

Religions

Religion Type Share Adherents
Protestant Major 60.8% -
None Minor 16.7% -
Roman Catholic Minor 13.6% -
Other Minor 4.8% -
Hindu Minor 1.7% -
Unspecified Minor 1.4% -
Jehovah's Witness Minor 0.9% -

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)
100.0%
2024

Health Indicators

Life expectancy at birth, total (years)
80.5 years
2024
Birth rate, crude (per 1,000 people)
11.56 per 1,000
2024
Death rate, crude (per 1,000 people)
4.86 per 1,000
2024
Fertility rate, total (births per woman)
1.53 children
2024

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)
98.9%
2017

Economy Snapshot

Key Economic Indicators

GDP per capita (current US$)
$99.1K
2023
Inflation, consumer prices (annual %)
-0.6%
2016
GNI per capita (current US$)
$75.7K
2023

Macroeconomic Indicators

GDP (current US$)
$7.24B
2023
GDP growth (annual %)
5.8%
2023
GDP per capita, PPP (current international $)
88.4K intl$
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)
167.0%
2023

Explore More

Rankings featuring Cayman Islands

Frequently Asked Questions

What is the average income in Cayman Islands?

According to our data, the average income in Cayman Islands is approximately $75,720 (GNI per capita) as of 2023. 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.

Codes and Abbreviations

ISO 2
KY
ISO 3
CYM
IOC code
CAY
Vehicle code
GB
Latitude
19.30
Longitude
-81.39

Nearby Countries

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