Cayman Islands | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Cayman Islands including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Cayman Islands economy.


MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 0.82 0.83 0.84 0.86 0.85 0.98 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Annual Growth Rate 2.80 2.8 2.7 2.6 2.4 2 percent [+]
GDP Per Capita 54827.20 55158 55345 55532 55685 56351 USD [+]
GDP Per Capita Ppp 49902.10 90700 90700 90700 49902 91500 USD [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 5.60 5.3 5.3 5.3 4.8 4.5 percent [+]
Population 0.06 0.06 0.06 0.06 0.06 0.06 Million [+]
Unemployed Persons 2248.00 2021 2137 2252 2249 2227 [+]
Employed Persons 37900.00 38280 38296 38311 38408 39642 [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 0.60 -0.1 0.2 0.5 0.8 2.4 percent [+]
Food Inflation -0.20 0.24 0.04 0.25 0.18 0.1 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -780.60 -776 -810 -844 -833 -824 KYD Million [+]
Exports 73.60 69.84 73.96 78.09 82.37 105 KYD Million [+]
Imports 220.80 220 219 219 219 218 KYD Million [+]
Current Account -626.90 -610 -577 -544 -519 -436 KYD Million [+]
Current Account to GDP -23.10 -23.6 -23.27 -22.94 -22.92 -22.8 percent [+]
Tourist Arrivals 385.40 384 384 384 385 391 Thousand [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 18.50 18.4 18.15 17.91 17.97 17.89 percent [+]
Government Budget 4.20 0.78 0.67 0.56 -0.05 -1.34 percent of GDP [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 0.00 0 0 0 0 0 percent [+]
Personal Income Tax Rate 0.00 0 0 0 0 0 percent [+]