Markets Actual Q1 Q2 Q3 Q4 2020
Currency 0.82 0.83 0.83 0.83 0.84 0.84
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 4.00 2.8 2.8 2.9 2.8 2.8
Unemployment Rate (%) 4.90 5.3 5.2 5.2 5.2 5.3
Inflation Rate (%) 4.80 3.8 4.3 4.2 2.5 2.4
Balance of Trade (KYD Million) -848.30 -865 -865 -865 -865 -860
Current Account (KYD Million) -997.20 -1000 -1000 -1000 -1000 -790
Current Account to GDP (%) -32.10 -18.51 -23.22 -21.77 -21.77 -21.77
Government Debt to GDP (%) 14.50 12.3 15.8 13.9 13.9 13.9
Government Budget (% of GDP) 5.30 5.3 5.3 5.3 5.3 5.3
Corporate Tax Rate (%) 0.00 0 0 0 0 0
Personal Income Tax Rate (%) 0.00 0 0 0 0 0
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Annual Growth Rate (%) 4.00 2.8 2.8 2.9 2.8 2.8
GDP Per Capita Ppp (USD) 49902.10 49902 49902 49902 49902 49902
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 4.90 5.3 5.2 5.2 5.2 5.3
Population (Million) 0.06 0.06 0.06 0.06 0.06 0.06
Unemployed Persons 2085.00 2209 2215 2250 2220 2220
Employed Persons 40856.00 42153 42313 42500 42500 43258
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 4.80 3.8 4.3 4.2 2.5 2.4
Consumer Price Index Cpi (Index Points) 105.20 107 110 110 108 110
Food Inflation (%) 4.10 3 2.8 2.6 2.5 3.1
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (KYD Million) -848.30 -865 -865 -865 -865 -860
Current Account (KYD Million) -997.20 -1000 -1000 -1000 -1000 -790
Current Account to GDP (%) -32.10 -18.51 -23.22 -21.77 -21.77 -21.77
Imports (KYD Million) 254.00 255 255 260 260 265
Exports (KYD Million) 27.70 24 24 24 24 28
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 14.50 12.3 15.8 13.9 13.9 13.9
Government Budget (% of GDP) 5.30 5.3 5.3 5.3 5.3 5.3
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 0.00 0 0 0 0 0
Personal Income Tax Rate (%) 0.00 0 0 0 0 0


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.