Markets Actual Q1 Q2 Q3 Q4 2021
Currency 0.82 0.82 0.83 0.83 0.83 0.84

Overview Actual Q1 Q2 Q3 Q4 2021
GDP Annual Growth Rate (%) 3.00 2.5 2.8 2.7 2.7 2.6
Unemployment Rate (%) 2.80 4.5 4.5 4.5 4.5 5.5
Inflation Rate (%) 3.40 2.4 2.2 2.3 2.4 2.1
Balance of Trade (KYD Million) -1026.30 -860 -860 -860 -860 -860
Current Account (KYD Million) -706.30 -790 -790 -790 -790 -790
Current Account to GDP (%) -15.50 -17 -17 -17 -17 -18
Government Debt to GDP (%) 9.20 14.2 14.2 14.2 14.2 14.2
Government Budget (% of GDP) 3.50 3.8 3.8 3.8 3.8 4.1
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 2021
GDP Annual Growth Rate (%) 3.00 2.5 2.8 2.7 2.7 2.6

Labour Actual Q1 Q2 Q3 Q4 2021
Unemployment Rate (%) 2.80 4.5 4.5 4.5 4.5 5.5
Population (Million) 0.07 0.06 0.06 0.06 0.09 0.1
Unemployed Persons 1291.00 2220 2220 2220 2220 2220

Prices Actual Q1 Q2 Q3 Q4 2021
Inflation Rate (%) 3.40 2.4 2.2 2.3 2.4 2.1
Consumer Price Index Cpi (points) 108.80 111 111 111 111 114
Food Inflation (%) 1.50 2.6 2.8 2.9 3.1 2.8

Trade Actual Q1 Q2 Q3 Q4 2021
Balance of Trade (KYD Million) -1026.30 -860 -860 -860 -860 -860
Current Account (KYD Million) -706.30 -790 -790 -790 -790 -790
Current Account to GDP (%) -15.50 -17 -17 -17 -17 -18
Exports (KYD Million) 32.30 28 28 28 28 28
Imports (KYD Million) 274.80 260 265 270 300 330
Tourist Arrivals (Thousand) 463.30 410 410 410 410 440

Government Actual Q1 Q2 Q3 Q4 2021
Government Debt to GDP (%) 9.20 14.2 14.2 14.2 14.2 14.2
Government Budget (% of GDP) 3.50 3.8 3.8 3.8 3.8 4.1

Taxes Actual Q1 Q2 Q3 Q4 2021
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.