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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Currency 0.82
0.82 0.82 0.82 0.82 0.82
GDP Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 2.80
percent
2.4 2.6 2.1 2 2
GDP Per Capita Ppp 49902.10
USD
49902 49902 49902 90900 91500
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 4.20
percent
4.8 4.8 4.5 5.2 4.5
Population 0.06
Million
0.05 0.05 0.05 0.05 0.05
Unemployed Persons 1785.00
1676 1661 1646 1631 1592
Employed Persons 40411.00
41109 41219 41330 41440 41540
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate 1.40
percent
0.8 0.8 0.1 2.3 2.4
Consumer Price Index Cpi 101.40
Index Points
101 101 100 100 99.69
Food Inflation 0.80
percent
1.37 1.05 1.15 1.21 1.19
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -780.60
KYD Million
-786 -781 -775 -770 -755
Exports 73.60
KYD Million
97.08 93.91 90.74 87.56 84.21
Imports 193.80
KYD Million
197 199 201 203 218
Current Account -692.40
KYD Million
-668 -664 -660 -656 -628
Current Account to GDP -23.60
percent
-18.87 -19.09 -19.31 -19.53 -18.51
Tourist Arrivals 385.50
Thousand
400 400 400 400 300
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 16.50
percent
14.67 14.35 14.02 13.7 12.3
Government Budget 3.40
percent of GDP
0.64 0.22 -0.19 -0.61 -1.11
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Internet Speed 7581.00
KBps
7618 7549 7479 7402 6738
IP Addresses 23989.00
IP
24166 24184 24162 24104 23828
TAXES Actual Q1/18 Q2/18 Q3/18 Q4/18 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 Q1/18 Q2/18 Q3/18 Q4/18 2020
Precipitation 67.00
mm
107 107 107 107 107
Temperature 27.00
celsius
26.76 27.06 27.09 26.9 26.95