Markets Actual Q3 Q4 Q1 Q2 2020
Currency 0.82 0.83 0.83 0.83 0.84 0.84
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 3.60 2.9 2.8 2.5 2.8 2.7
Unemployment Rate (%) 2.80 3.8 3.8 4.5 4.5 4.5
Inflation Rate (%) 4.50 3.5 2.5 2.4 2.2 2.4
Balance of Trade (KYD Million) -1026.30 -865 -865 -860 -860 -860
Current Account (KYD Million) -997.20 -1000 -1000 -790 -790 -790
Current Account to GDP (%) -32.10 -21.77 -23.22 -21.77 -21.77 -21.77
Government Debt to GDP (%) 14.50 13.9 13.9 14.2 14.2 14.2
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 Q3 Q4 Q1 Q2 2020
GDP Annual Growth Rate (%) 3.60 2.9 2.8 2.5 2.8 2.7
Labour Actual Q3 Q4 Q1 Q2 2020
Unemployment Rate (%) 2.80 3.8 3.8 4.5 4.5 4.5
Population (Million) 0.06 0.06 0.06 0.06 0.06 0.06
Unemployed Persons 1291.00 2250 2220 2220 2220 2220
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 4.50 3.5 2.5 2.4 2.2 2.4
Consumer Price Index Cpi (Index Points) 108.10 109 107 111 110 109
Food Inflation (%) 1.30 3 2.5 2.6 2.8 3.1
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (KYD Million) -1026.30 -865 -865 -860 -860 -860
Current Account (KYD Million) -997.20 -1000 -1000 -790 -790 -790
Current Account to GDP (%) -32.10 -21.77 -23.22 -21.77 -21.77 -21.77
Exports (KYD Million) 32.30 24 24 28 28 28
Imports (KYD Million) 300.40 260 260 260 260 265
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 14.50 13.9 13.9 14.2 14.2 14.2
Government Budget (% of GDP) 5.30 5.3 5.3 5.3 5.3 5.3
Taxes Actual Q3 Q4 Q1 Q2 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.