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 Q4/18 Q1/19 Q2/19 Q3/19 2020
Currency 0.83
 0.83 0.83 0.83 0.84 0.85
GDP Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
GDP Annual Growth Rate 2.90
percent		 3 2.8 2.8 2.9 2.8
GDP Per Capita Ppp 49902.10
USD		 49902 49902 49902 49902 49902
LABOUR Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 4.90
percent		 5.2 5.3 5.2 5.2 5.3
Population 0.06
Million		 0.06 0.06 0.06 0.06 0.06
Unemployed Persons 2085.00
 2202 2209 2215 2250 2129
Employed Persons 40856.00
 41993 42153 42313 42500 43750
PRICES Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Inflation Rate 4.80
percent		 5.4 3.8 4.3 4.2 2.4
Consumer Price Index Cpi 105.20
Index Points		 108 107 110 110 113
Food Inflation 4.10
percent		 3.5 3 2.8 2.6 3.1
TRADE Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Balance of Trade -848.30
KYD Million		 -855 -865 -865 -865 -860
Exports 27.70
KYD Million		 30 24 24 24 28
Imports 248.22
KYD Million		 260 255 255 260 265
Current Account -997.20
KYD Million		 -980 -1000 -1000 -1000 -790
Current Account to GDP -32.10
percent		 -21.07 -18.51 -23.22 -21.77 -16.42
Tourist Arrivals 418.40
Thousand		 400 400 400 400 400
GOVERNMENT Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Government Debt to GDP 14.50
percent		 13.4 12.3 15.8 13.9 14.5
Government Budget 5.30
percent of GDP		 5.3 5.3 5.3 5.3 5.3
BUSINESS Actual Q4/18 Q1/19 Q2/19 Q3/19 2020
Internet Speed 7581.00
KBps		 7695 7700 7700 7740 7800
IP Addresses 23989.00
IP		 26668 26822 27143 27400 29656
TAXES Actual Q4/18 Q1/19 Q2/19 Q3/19 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 Q4/18 Q1/19 Q2/19 Q3/19 2020
Precipitation 67.40
mm		 117 38.95 108 110 109
Temperature 27.90
celsius		 26.25 24.98 27.54 28 27.38



Cayman Islands - Economic Forecasts - 2018-2020 Outlook