Cayman Islands - Economic Forecasts - 2018-2020 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 Q2/18 Q3/18 Q4/18 Q1/19 2020
Currency 0.83
0.82 0.82 0.82 0.82 0.82
GDP Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 2.50
percent
2.6 2.7 2 2.7 2
GDP Per Capita Ppp 49902.10
USD
49902 49902 90900 91200 91500
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 4.20
percent
4.8 4.4 5.2 5.3 4.5
Population 0.06
Million
0.06 0.06 0.06 0.06 0.06
Unemployed Persons 1785.00
1770 1794 1819 1840 2007
Employed Persons 40411.00
40306 40697 41088 41370 44161
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate 2.10
percent
0.8 0.8 1.2 1.8 2.4
Consumer Price Index Cpi 102.10
Index Points
101 102 103 104 108
Food Inflation 1.30
percent
0.14 0.9 0.76 0.75 0.88
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -780.60
KYD Million
21179304311 31769766034 21180113833 -106 -102
Exports 73.60
KYD Million
21179304503 31769766225 42360227948 84.21 85.51
Imports 193.80
KYD Million
192 191 191 190 188
Current Account -692.40
KYD Million
-670 -688 -705 -708 -740
Current Account to GDP -23.60
percent
-22.87 -20.81 -22.71 -18.51 -22.98
Tourist Arrivals 385.50
Thousand
400 400 400 400 400
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 16.50
percent
16.3 15.8 15.9 12.3 15.8
Government Budget 3.40
percent of GDP
1.27 1.16 1.06 0.64 -0.82
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Internet Speed 7581.00
KBps
7691 7691 7691 7691 7691
IP Addresses 23989.00
IP
26128 26544 26668 26822 29656
TAXES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Corporate Tax Rate 0.00
percent
0 0 0 0 0
Personal Income Tax Rate 0.00
percent
0 0 0 0 0
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Precipitation 67.40
mm
113 159 117 38.95 109
Temperature 27.90
celsius
27.32 28.65 26.25 24.98 27.38