News

The Consumer Price Index in Cayman rose by 1.7% in the fourth quarter of 2018 compared to the same period in 2017. This represents a further slowing of the inflation rate from the peak of 4.8% in the second quarter and 3.5% in the third quarter. The... READ MORE

Estimates from the Labour Force Survey (LFS) Fall 2018 show the unemployment rate (the proportion of unemployed persons to total labour force) at 2.8%, the lowest for the Cayman Islands since Fall 2006 when it was 2.6%. It is also significantly lower... READ MORE

The business surveys consisting of the System of National Accounts (SNA) and the Balance of Payments (BOP) surveys will run from April 8, 2019 to June 7, 2019.  The surveys which are conducted by the Economics and Statistics Office (ESO) seek to... READ MORE

The Economics and Statistics Office will commence its annual business surveys for measuring the economic performance of industries in the Cayman Islands for 2018. The survey will begin on April 8, 2019. Survey forms will be hand-delivered, mailed or... READ MORE

Robust growth in several indicators supported solid economic growth in the first nine months of 2018. Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) in real terms is estimated to have grown by 3.6% in the revi... READ MORE

The Cayman Islands’ System of National Accounts Report 2017 which presents the economic performance or Gross Domestic Product (GDP) of the Islands is released today. The Report presents the significant results of the project conducted by the... READ MORE

The Cayman Islands’ Balance of Payments (BOP) and International Investment Position (IIP) Report 2017 shows the statistical summaries of the economic and financial transactions between residents of the Cayman Islands and the rest of the world.... READ MORE

The total value of the Cayman Islands’ importation of goods stood at $258.64 million in the third quarter of 2018, an increase of 23.3 percent over the same quarter in 2017. Importation of both non-petroleum and petroleum-related imports gre... READ MORE

The inflation rate in the third quarter of 2018, as measured by the Consumer Price Index (CPI) for the quarter relative to the same period in 2017, is estimated at 3.5%, lower than the 4.8% inflation rate in the second quarter.  The third qua... READ MORE

Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) in real terms is estimated to have grown by 3.7% in the first six months of 2018. The strong economic performance was contributed by all major sectors with the... READ MORE