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 Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 0.82 0.81 0.8 0.8 0.79 0.7 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Annual Growth Rate 2.00 2.5 2.4 2.6 2.1 2 percent [+]
GDP Per Capita Ppp 49902.10 90700 49902 49902 49902 91500 USD [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 4.20 5.3 4.8 4.8 4.5 4.5 percent [+]
Population 0.06 0.05 0.05 0.05 0.05 0.05 Million [+]
Unemployed Persons 1785.00 1692 1676 1661 1646 1592 [+]
Employed Persons 40411.00 40998 41109 41219 41330 41540 [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 2.20 0.5 0.8 0.8 1.7 2.4 percent [+]
Food Inflation 2.40 2.28 2.19 1.67 1.29 1.34 percent [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -780.60 -792 -786 -781 -775 -755 KYD Million [+]
Exports 73.60 100 97.08 93.91 90.74 84.21 KYD Million [+]
Imports 203.70 207 209 211 213 228 KYD Million [+]
Current Account -692.40 -673 -668 -664 -660 -628 KYD Million [+]
Current Account to GDP -23.60 -18.66 -18.87 -19.09 -19.31 -18.51 percent [+]
Tourist Arrivals 385.50 400 400 400 400 300 Thousand [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 16.50 15 14.67 14.35 14.02 12.3 percent [+]
Government Budget 3.40 1.06 0.64 0.22 -0.19 -1.11 percent of GDP [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Corporate Tax Rate 0.00 0 0 0 0 0 percent [+]
Personal Income Tax Rate 0.00 0 0 0 0 0 percent [+]