Cayman Islands recorded a Government Budget surplus equal to 3.50 percent of the country's Gross Domestic Product in 2018.

Government Budget in Cayman Islands averaged 0.04 percent of GDP from 2004 until 2018, reaching an all time high of 5 percent of GDP in 2015 and a record low of -8.10 percent of GDP in 2009. This page provides - Cayman Islands Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cayman Islands Government Budget - values, historical data and charts - was last updated on August of 2020.

Government Budget in Cayman Islands is expected to reach -0.50 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cayman Islands Government Budget is projected to trend around 1.50 percent of GDP in 2021 and 3.00 percent of GDP in 2022, according to our econometric models.

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Cayman Islands Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
3.50 3.60 5.00 -8.10 2004 - 2018 percent of GDP Yearly

Cayman Islands Government Last Previous Highest Lowest Unit
Government Debt to GDP 9.20 10.50 24.50 7.50 percent [+]
Government Budget 3.50 3.60 5.00 -8.10 percent of GDP [+]
Credit Rating 85.00 [+]


Cayman Islands Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.