Cayman Islands
parliamentary democracyIndependence none (overseas territory of the UK)
Cayman Islands as the 2022 edition of the CIA World Factbook published it: 136 fields, one of 36 editions from 1990 to 2025.
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Introduction
1 fieldBackground
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.
Geography
Caribbean, three-island group (Grand Cayman, Cayman Brac, Little Cayman) in Caribbean Sea, 240 km south of Cuba and 268 km northwest of Jamaica
17 fieldsLand useshare of 264 sq km
People and Society
29 fieldsAge structuremale left, female right · (2020 est.)
Per 1,000 population(2022 est.)
Male · female
Religions(2010 est.)
Languages
English (official) 90.9%, Spanish 4%, Filipino 3.3%, other 1.7%, unspecified 0.1% (2010 est.)
Net migration rate
12.56 migrant(s)/1,000 population (2022 est.) note: major destination for Cubans trying to migrate to the US
Sex ratio
- at birth:
- 1.02 male(s)/female
- 0-14 years:
- 1.01 male(s)/female
- 15-24 years:
- 1 male(s)/female
- 25-54 years:
- 0.95 male(s)/female
- 55-64 years:
- 0.94 male(s)/female
- 65 years and over:
- 0.7 male(s)/female
- total population:
- 0.95 male(s)/female (2022 est.)
Environment
8 fieldsLand use(2018 est.)
Environment - current issues
- no natural freshwater resources;
- drinking water supplies are met by reverse osmosis desalination plants and rainwater catchment;
- trash washing up on the beaches or being deposited there by residents;
- no recycling or waste treatment facilities;
- deforestation (trees being cut down to create space for commercial use)
Climate
tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April)
Urbanization
- urban population:
- 100% of total population (2023)
- rate of urbanization:
- 1.13% annual rate of change (2020-25 est.)
Waste and recycling
- municipal solid waste generated annually:
- 60,000 tons (2014 est.)
- municipal solid waste recycled annually:
- 12,600 tons (2013 est.)
- percent of municipal solid waste recycled:
- 21% (2013 est.)
Government
Parliamentary democracy; King CHARLES III (since 8 September 2022); Premier Wayne PANTON (since 21 April 2021)
21 fieldsPresidential electionpercent of vote
Parliament, 19 seats, elected 14 April 2021one dot, one seat
Percent of vote
Country name
- conventional long form:
- none
- conventional short form:
- Cayman Islands
- etymology:
- the islands' name comes from the native Carib word "caiman," describing the marine crocodiles living there
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)
- etymology:
- named after English King GEORGE III (1738-1820)
Administrative divisions
6 districts; Bodden Town, Cayman Brac and Little Cayman, East End, George Town, North Side, West Bay
Constitution
- history:
- several previous; latest approved 10 June 2009, entered into force 6 November 2009 (The Cayman Islands Constitution Order 2009)
- amendments:
- amended 2016, 2020
Executive branch
- chief of state:
- King CHARLES III (since 8 September 2022); represented by Governor Martyn ROPER (since 29 October 2018)
- head of government:
- Premier Wayne PANTON (since 21 April 2021)
- cabinet:
- Cabinet selected from the Parliament and appointed by the governor on the advice of the premier
- elections/appointments:
- the monarchy is hereditary;
- governor appointed by the monarch;
- following legislative elections, the leader of the majority party or majority coalition appointed premier by the governor
Legislative branch
- description:
- unicameral Parliament (21 seats; 19 members directly elected by majority vote and 2 ex officio members - the deputy governor and attorney general - appointed by the governor; members serve 4-year terms)
- elections:
- last held on 14 April 2021 (next to be held on 2025)
- election results:
- percent of vote by party - independent 79.1%, PPM 19.6%;
- seats by party - independent 12, PPM 7;
- composition of elected members - men 15, women 4, percent of women 21.1%;
- ex-officio members - men 2
Judicial branch
- highest court(s):
- Court of Appeal (consists of the court president and at least 2 judges);
- Grand Court (consists of the court president and at least 2 judges);
- note - appeals beyond the Court of Appeal are heard by the Judicial Committee of the Privy Council (in London)
- judge selection and term of office:
- Court of Appeal and Grand Court judges appointed by the governor on the advice of the Judicial and Legal Services Commission, an 8-member independent body consisting of governor appointees, Court of Appeal president, and attorneys;
- Court of Appeal judges' tenure based on their individual instruments of appointment;
- Grand Court judges normally appointed until retirement at age 65 but can be extended until age 70
- subordinate courts:
- Summary Court
Political parties and leaders
Cayman Islands Peoples Party or CIPP [Ezzard MILLER]; People's Progressive Movement or PPM [Roy McTAGGART]
International organization participation
Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU
Diplomatic representation from the US
embassy: none (overseas territory of the UK); consular services provided through the US Embassy in Jamaica
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;
- a scroll below the shield bears the motto HE HATH FOUNDED IT UPON THE SEAS
National anthem
- name:
- "Beloved Isle Cayman"
- lyrics/music:
- Leila E. ROSS
note: adopted 1993; served as an unofficial anthem since 1930; as an overseas territory of the United Kingdom, in addition to the local anthem, "God Save the King" is official (see United Kingdom)
Economy
With no direct taxation, the islands are a thriving offshore financial center.
30 fieldsGDP - composition, by sector of origin(2017 est.)
By end use% of GDP · (2017 est.)
Budget(2017 est.)
Economic overview
With no direct taxation, the islands are a thriving offshore financial center. More than 65,000 companies were registered in the Cayman Islands as of 2017, including more than 280 banks, 700 insurers, and 10,500 mutual funds. A stock exchange was opened in 1997. Nearly 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy a standard of living comparable to that of Switzerland.
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 2.1 million in 2016, with more than three-quarters from the US.
Credit ratings
Moody's rating: Aa3 (1997) note: The year refers to the year in which the current credit rating was first obtained.
Exports
$4.13 billion (2019 est.) · $3.96 billion (2018 est.) note: Data are in current year dollars and do not include illicit exports or re-exports.
Exports - commodities
recreational boats, gold, broadcasting equipment, sulfates, collector's items (2019)
Imports
$2.7 billion (2019 est.) note: data are in current year dollars; $2.52 billion (2018 est.) note: data are in current year dollars
Exchange rates
Caymanian dollars (KYD) per US dollar - 0.82 (2017 est.) · 0.82 (2016 est.) · 0.82 (2015 est.) · 0.82 (2014 est.) · 0.83 (2013 est.)
Energy
11 fieldsElectrification% of population · (2020)
Installed generating capacity, 174,000 kW(2020 est.)
Coal
- production:
- 0 metric tons (2020 est.)
- consumption:
- 0 metric tons (2020 est.)
- exports:
- 0 metric tons (2020 est.)
- imports:
- 0 metric tons (2020 est.)
- proven reserves:
- 0 metric tons (2019 est.)
Petroleum
- total petroleum production:
- 0 bbl/day (2021 est.)
- refined petroleum consumption:
- 5,500 bbl/day (2019 est.)
- crude oil and lease condensate exports:
- 0 bbl/day (2018 est.)
- crude oil and lease condensate imports:
- 0 bbl/day (2018 est.)
- crude oil estimated reserves:
- 0 barrels (2021 est.)
Natural gas
- production:
- 0 cubic meters (2021 est.)
- consumption:
- 0 cubic meters (2021 est.)
- exports:
- 0 cubic meters (2021 est.)
- imports:
- 0 cubic meters (2021 est.)
- proven reserves:
- 0 cubic meters (2021 est.)
Carbon dioxide emissions
808,000 metric tonnes of CO2 (2019 est.)
- from coal and metallurgical coke:
- 0 metric tonnes of CO2 (2019 est.)
- from petroleum and other liquids:
- 808,000 metric tonnes of CO2 (2019 est.)
- from consumed natural gas:
- 0 metric tonnes of CO2 (2019 est.)
Communications
7 fieldsPer 100 inhabitants(2020 est.)
Telecommunication systems
- general assessment:
- the telecom sector has seen a decline in subscriber numbers (particularly for prepaid mobile services the mainstay of short term visitors) and revenue;
- fixed and mobile broadband services are two areas that have benefited from the crisis as employees and students have resorted to working from home;
- one area of the telecom market that is not prepared for growth is 5G mobile;
- governments, regulators, and even the mobile network operators have shown that they have not been investing in 5G opportunities at the present time;
- network expansion and enhancements remain concentrated around improving LTE coverage (2021)
- domestic:
- introduction of competition in the mobile-cellular market in 2004 boosted subscriptions; nearly 55 per 100 fixed-line and 152 per 100 mobile-cellular (2020)
- international:
- country code - 1-345;
- landing points for the Maya-1, Deep Blue Cable, 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) (2019)
note: the COVID-19 pandemic continues to have a significant impact on production and supply chains globally; since 2020, some aspects of the telecom sector have experienced a downturn, particularly in mobile device production;
progress toward 5G implementation has resumed, as well as upgrades to infrastructure; consumer spending on telecom services has increased due to the surge in demand for capacity and bandwidth; the crucial nature of telecom services as a tool for work and school from home is still evident, and the spike in this area has seen growth opportunities for development of new tools and increased services
Broadcast media
- 4 TV 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
Transportation
8 fieldsMerchant marine, 160 ships by type(2021)
Airports by runway lengthpaved only
Airports by runway lengthunpaved only
National air transport system
number of registered air carriers: 1 (2020); inventory of registered aircraft operated by air carriers: 6
Military and Security
No regular military forces; Royal Cayman Islands Police Service
2 fieldsTransnational Issues
2 fieldsCite this entry
Central Intelligence Agency. “Cayman Islands.” The World Factbook 2022. Archived by The Factbook, thefactbook.org/cayman-islands/2022.