Cayman Islands

parliamentary democracyIndependence none (overseas territory of the UK)

Cayman Islands as the 2024 edition of the CIA World Factbook published it: 124 fields, one of 36 editions from 1990 to 2025.

field in that editiontext changed from the edition beforenot in that editionthe open editionEach field below ends in its editions, 1990 to 2025. Point at a year above to follow it down.

CapitalGeorge Town (on Grand Cayman), UTC-5
Position19 30 N, 80 30 W
Area264 sq km
LocationCaribbean, three-island group (Grand Cayman, Cayman Brac, Little Cayman) in Caribbean Sea, 240 km south of Cuba and 268 km northwest of Jamaica
Populationas each edition published it
66,653 people 2024 est. · 26,356 in 1990
Population growth% a year
1.75% 2024 est. · 4.35% in 1993
Median ageyears
41.2 years 2024 est. · 36.1 yrs in 2003
Life expectancyyears at birth
82.5 years 2024 est. · 77.1 yrs in 1993
Fertility ratechildren per woman
1.82 children per woman 2024 est. · 1.5 in 1990
Infant mortalitydeaths per 1,000 live births
7.3 deaths per 1,000 live births 2024 est. · 10 in 1990
GDP per capitaeach edition's own dollars
$79,600 2022 est. · $23,000 in 1993
GDP real growth% a year
5.16% 2022 est. · 4.4% in 1993

Introduction

1 field

Background

The British colonized the Cayman Islands during the 18th and 19th centuries, and Jamaica -- also a British colony at the time -- administered the islands 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 fields

Land useshare of 264 sq km

arable land 0.8% (2018 est.)permanent crops 2.1% (2018 est.)permanent pasture 8.3% (2018 est.)forest 52.9% (2018 est.)other 35.9% (2018 est.)agricultural land 11.2% (2018 est.) in all
Area
264sq km
land: 264 sq kmwater: 0 sq km1.5 times the size of Washington, DC
Coastline
160km
territorial sea: 12 nmexclusive economic zone: 200 nmexclusive fishing zone: 200 nm

Location

Caribbean, three-island group (Grand Cayman, Cayman Brac, Little Cayman) in Caribbean Sea, 240 km south of Cuba and 268 km northwest of Jamaica

Geographic coordinates

19 30 N, 80 30 W

Map references

Central America and the Caribbean

Climate

tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April)

Terrain

low-lying limestone base surrounded by coral reefs

Elevation

highest point:
1 km SW of The Bluff on Cayman Brac 50 m
lowest point:
Caribbean Sea 0 m

Natural resources

fish, climate and beaches that foster tourism

Population distribution

majority of the population resides on Grand Cayman

Natural hazards

hurricanes (July to November)

Geography - note

important location between Cuba and Central America

People and Society

29 fields

Age structuremale left, female right · (2024 est.)

5,054
65 and over16.7%
6,051
21,480
15-6465.9%
22,456
5,845
0-1417.4%
5,767
MaleFemaleDependency ratios: total dependency ratio: 32.6 · youth dependency ratio: 22.3 · elderly dependency ratio: 10.4 · potential support ratio: 9.6 (2021)
Population
66,653
male: 32,379female: 34,274 (2024 est.)growth rate: 1.75% (2024 est.)

Per 1,000 population(2024 est.)

Birth
11.5Death
6.1Net migration
12.1

Male · female(2021) NA

TotalMale · femaleLife expectancy82.5
79.8 · 85.2Infant mortality7.3
8.8 · 5.7
TotalMale · femaleLiteracy98.9%
98.7% · 99%Median age41.2
40.3 · 42
MaleFemale

Ethnic groups(2021 est.)

Cayman Islander 35.4%Jamaican 24.8%Filipino 5.5%British 5.3%American 5.2%Honduran 4.2%Canadian 3.3%Indian 2.1%Cuban 1.6%Nicaraguan 1%other 11.1%unspecified 0.5% (2021 est.)note: data represent population by country of birth

Religions(2021 est.)

Protestant 60.8% (includes Church of God 19.5%, Seventh Day Adventist 8.7%, non-denominational 8.3%, Baptist 6.9%, Pentecostal 6.8%, Presbyterian/United Church 5.7%, Anglican 2.8%, Wesleyan Holiness 1.5%, Methodist 0.5%)Roman Catholic 13.6%Hindu 1.7%Jehovah's Witness 0.9%other 4.8%none 16.7%unspecified 1.4% (2021 est.)
Urban population
100%of total population
(2023)rate of urbanization: 1.13% annual rate of change (2020-25 est.)Major urban areas - population: 35,000 GEORGE TOWN (capital) (2018)
Improved drinking water
97.4%of population
improved: urban: 97.4% of populationunimproved: urban: 2.6% of populationtotal: 2.6% of population (2015 est.)
Improved sanitation
95.6%of population
improved: urban: 95.6% of populationunimproved: urban: 4.4% of populationtotal: 4.4% of population (2015 est.)

Nationality

noun:
Caymanian(s)
adjective:
Caymanian

Languages

English (official) 88.8%, Spanish 3.9%, Filipino 3.8%, other 2.8%, unspecified 0.7% (2021 est.) note: data represent main language spoken at home

Median age

total:
41.2 years (2024 est.)
male:
40.3 years
female:
42 years

Population distribution

majority of the population resides on Grand Cayman

Sex ratio

at birth:
1.02 male(s)/female
0-14 years:
1.01 male(s)/female
15-64 years:
0.96 male(s)/female
65 years and over:
0.84 male(s)/female
total population:
0.95 male(s)/female (2024 est.)

Infant mortality rate

total:
7.3 deaths/1,000 live births (2024 est.)
male:
8.8 deaths/1,000 live births
female:
5.7 deaths/1,000 live births

Life expectancy at birth

total population:
82.5 years (2024 est.)
male:
79.8 years
female:
85.2 years

Total fertility rate

1.82 children born/woman (2024 est.)

Education expenditures

2.1% of GDP (2019)

Literacy

total population:
98.9% NA
male:
98.7% NA
female:
99% (2021) NA

Environment

8 fields

Land use(2018 est.)

arable land 0.8% (2018 est.)permanent crops 2.1% (2018 est.)permanent pasture 8.3% (2018 est.)forest 52.9% (2018 est.)other 35.9% (2018 est.)agricultural land 11.2% (2018 est.) in all

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.)

Revenue from forest resources

0% of GDP (2018 est.)

Revenue from coal

0% of GDP (2018 est.)

Air pollutants

carbon dioxide emissions: 0.55 megatons (2016 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 Juliana O'CONNOR-CONNOLLY (since 15 November 2023)

21 fields

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

Government type

parliamentary democracy; self-governing overseas territory of the UK

Dependency status

overseas territory of the UK

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

Independence

none (overseas territory of the UK)

National holiday

Constitution Day, the first Monday in July (1959)

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

Citizenship

see United Kingdom

Suffrage

18 years of age; universal

Executive branch

chief of state:
King CHARLES III (since 8 September 2022); represented by Governor Jane OWEN (since 21 April 2023)
head of government:
Premier Juliana O'CONNOR-CONNOLLY (since 15 November 2023)
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 in 2025)
election results:
  • percent of vote by party - independent 79.1%, PPM 19.6%;
  • elected seats by party - independent 12, PPM 7;
  • ex-officio members 2;
  • composition - men 16, women 5, percentage women 23.8%

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

Cayman Islands Peoples Party or CIPP; People's Progressive Movement or PPM

International organization participation

Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU

Diplomatic representation in the US

none (overseas territory of the UK)

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 symbol(s)

green sea turtle

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

25 fields
GDP, purchasing power parity
$5.467billion
(2022 est.) · $5.199 billion (2021 est.) · $4.956 billion (2020 est.)note: data in 2021 dollarsofficial exchange rate: $6.601 billion (2022 est.)note: data in current dollars at official exchange rate
GDP per capita, PPP
$79,600
(2022 est.) · $76,300 (2021 est.) · $73,600 (2020 est.)note: data in 2021 dollars
Real growth rate
5.16%
(2022 est.) · 4.9% (2021 est.) · -4.95% (2020 est.)note: annual GDP % growth based on constant local currencyindustrial production growth: 3.45% (2022 est.)note: annual % change in industrial value added based on constant local currency
Inflation, consumer prices
2%
(2017 est.) · -0.63% (2016 est.) · -2.35% (2015 est.)note: annual % change based on consumer prices

Trading partnersexports left, imports right

5%
US
47%
30%
Malta
22%
Norway
Italy
19%
16%
Seychelles
8%
Grenada
Turkey
7%
Germany
6%
Switzerland
4%
Exports $4.054 billion (2021 est.)Imports $2.743 billion (2021 est.)(2022) note: top five export partners based on percentage share of exports · (2022) note: top five import partners based on percentage share of imports

By end use% of GDP

Household consumption
62.3% (2017 est.)Government consumption
2.6% (2020 est.)Fixed capital
22.1% (2017 est.)Inventories
0.1% (2017 est.)Exports
59.6% (2020 est.)Imports
-45.8% (2020 est.)
note: figures may not total 100% due to rounding or gaps in data collection

Budget(2017 est.)

Revenues
$874.5 millionExpenditures
$766.6 million

Economic overview

  • dominant offshore banking territory;
  • services sector accounts for over 85% of economic activity;
  • recently adopted a fiscal responsibility framework to combat tax evasion and money laundering;
  • large tourism sector;
  • does not have any welfare system;
  • high standard of living

Credit ratings

Moody's rating: Aa3 (1997) note: The year refers to the year in which the current credit rating was first obtained.

GDP - composition, by sector of origin

agriculture:
0.5% (2022 est.)
industry:
8.2% (2022 est.)
services:
85.4% (2022 est.)

note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

Agricultural products

  • vegetables, fruit;
  • livestock;
  • turtle farming

Industries

tourism, banking, insurance and finance, construction, construction materials, furniture

Youth unemployment rate (ages 15-24)

total:
13.8% (2015 est.)
male:
16.4%
female:
11.4%

Remittances

0.15% of GDP (2022 est.) · 0.17% of GDP (2021 est.) · 0.16% of GDP (2020 est.) note: personal transfers and compensation between resident and non-resident individuals/households/entities

Taxes and other revenues

38.9% (of GDP) (2017 est.)

Current account balance

-$821.404 million (2021 est.) · -$827.492 million (2020 est.) · -$646.843 million (2019 est.) note: balance of payments - net trade and primary/secondary income in current dollars

Exports

$4.054 billion (2021 est.) · $3.951 billion (2020 est.) · $4.205 billion (2019 est.) note: balance of payments - exports of goods and services in current dollars

Exports - commodities

ships, aircraft, refined petroleum, natural gas, broadcasting equipment (2022) note: top five export commodities based on value in dollars

Imports

$2.743 billion (2021 est.) · $2.51 billion (2020 est.) · $2.743 billion (2019 est.) note: balance of payments - imports of goods and services in current dollars

Imports - commodities

ships, refined petroleum, diamonds, cars, gold (2022) note: top five import commodities based on value in dollars

Reserves of foreign exchange and gold

$216.8 million (2020 est.) · $183.5 million (2019 est.) · $162.074 million (2018 est.) note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars

Exchange rates

Caymanian dollars (KYD) per US dollar - 0.833 (2021 est.) · 0.833 (2020 est.) · 0.833 (2019 est.) · 0.833 (2018 est.) · 0.833 (2017 est.)

Energy

6 fields

Electrification% of population · (2022 est.)

100%Total

Installed generating capacity, 175,000 kW(2022 est.)

fossil fuels 96.9% of total installed capacity (2022 est.)solar 3.1% of total installed capacity (2022 est.)
Electricity consumption
697.351 million (2022 est.)Electricity transmission/distribution losses
2.117 million (2022 est.)

Petroleum

refined petroleum consumption: 5,000 bbl/day (2022 est.)

Carbon dioxide emissions

718,000 metric tonnes of CO2 (2022 est.); from petroleum and other liquids: 718,000 metric tonnes of CO2 (2022 est.)

Energy consumption per capita

144.845 million Btu/person (2022 est.)

Communications

7 fields

Per 100 inhabitants(2020–21 est.)

147Mobile cellular
81.1%Internet users, % of population
53Fixed lines
49Fixed broadband
Mobile cellular
100,000
(2021 est.)
Internet users
55,148
(2021 est.)
Fixed lines
36,000
(2021 est.)
Fixed broadband
3,200
(2020 est.) · country code .ky

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:
53 per 100 fixed-line and 150 per 100 mobile-cellular (2021)
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)

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

7 fields

Merchant marine, 130 ships by type(2023)

bulk carrier 29container ship 3general cargo 1oil tanker 20other 77

National air transport system

number of registered air carriers: 1 (2020); inventory of registered aircraft operated by air carriers: 6

Airports

3 (2024)

Heliports

5 (2024)

Roadways

total:
785 km
paved:
785 km (2007)

Ports

total ports:
2 (2024)
large:
0
medium:
0
small:
0
very small:
2
ports with oil terminals:
2
key ports:
Cayman Brac, Georgetown

Military and Security

No regular military forces; Royal Cayman Islands Police Service

2 fields

Military and security forces

no regular military forces; Royal Cayman Islands Police Service

Military - note

defense is the responsibility of the UK

Transnational Issues

1 field

Illicit drugs

major offshore financial center vulnerable to drug trafficking money laundering

Cite this entry

Central Intelligence Agency. “Cayman Islands.” The World Factbook 2024. Archived by The Factbook, thefactbook.org/cayman-islands/2024.