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Introduction |
Cayman Islands |
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Background:
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The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries, and were administered by Jamaica after 1863. In 1959, the islands became a territory within the Federation of the West Indies, but when the Federation dissolved in 1962, the Cayman Islands chose to remain a British dependency. |
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Geography |
Cayman Islands |
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Location:
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Caribbean, three island (Grand Cayman, Cayman Brac, Little Cayman) group in Caribbean Sea, 240 km south of Cuba and 268 km northwest of Jamaica |
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Geographic coordinates:
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19 30 N, 80 30 W |
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Map references:
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Central America and the Caribbean |
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Area:
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total: 262 sq km
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Area - comparative:
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1.5 times the size of Washington, DC |
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Land boundaries:
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0 km |
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Coastline:
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160 km |
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Maritime claims:
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territorial sea: 12 nm
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Climate:
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tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) |
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Terrain:
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low-lying limestone base surrounded by coral reefs |
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Elevation extremes:
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lowest point: Caribbean Sea 0 m
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Natural resources:
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fish, climate and beaches that foster tourism |
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Land use:
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arable land: 3.85%
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Irrigated land:
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NA |
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Natural hazards:
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hurricanes (July to November) |
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Environment - current issues:
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no natural fresh water resources; drinking water supplies must be met by rainwater catchments |
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Geography - note:
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important location between Cuba and Central America |
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People |
Cayman Islands |
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Population:
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45,436
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Age structure:
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0-14 years: 20.7% (male 4,708/female 4,700)
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Median age:
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total: 37.2 years
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Population growth rate:
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2.56% (2006 est.) |
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Birth rate:
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12.74 births/1,000 population (2006 est.) |
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Death rate:
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4.89 deaths/1,000 population (2006 est.) |
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Net migration rate:
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17.78 migrant(s)/1,000 population
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Sex ratio:
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at birth: 1.02 male(s)/female
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Infant mortality rate:
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total: 8 deaths/1,000 live births
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Life expectancy at birth:
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total population: 80.07 years
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Total fertility rate:
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1.9 children born/woman (2006 est.) |
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HIV/AIDS - adult prevalence rate:
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NA |
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HIV/AIDS - people living with HIV/AIDS:
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NA |
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HIV/AIDS - deaths:
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NA |
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Nationality:
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noun: Caymanian(s)
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Ethnic groups:
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mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% |
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Religions:
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United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman Catholic |
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Languages:
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English |
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Literacy:
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definition: age 15 and over has ever attended school
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Government |
Cayman Islands |
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Country name:
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conventional long form: none
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Dependency status:
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overseas territory of the UK |
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Government type:
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British crown colony |
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Capital:
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George Town (Grand Cayman) |
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Administrative divisions:
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8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western |
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Independence:
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none (overseas territory of the UK) |
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National holiday:
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Constitution Day, first Monday in July |
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Constitution:
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1959; revised 1962, 1972, and 1994 |
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Legal system:
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British common law and local statutes |
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Suffrage:
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18 years of age; universal |
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Executive branch:
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chief of state: Queen ELIZABETH II (since 6 February 1952); Governor Stuart JACK (since 23 November 2005)
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Legislative branch:
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unicameral Legislative Assembly (18 seats, 3 appointed members from the Executive Council and 15 elected by popular vote; members serve four-year terms)
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Judicial branch:
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Summary Court; Grand Court; Cayman Islands Court of Appeal |
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Political parties and leaders:
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no national teams (loose groupings of political organizations) were formed for the 2000 elections; United Democratic Party or UDP [leader McKeeva BUSH]; People's Progressive Movement or PPM [leader Kurt TIBBETTS] |
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Political pressure groups and leaders:
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NA |
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International organization participation:
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Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU |
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Diplomatic representation in the US:
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none (overseas territory of the UK) |
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Diplomatic representation from the US:
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none (overseas territory of the UK) |
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Flag description:
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blue, with the flag of the UK in the upper hoist-side quadrant and the Caymanian coat of arms centered on the outer half of the flag; the coat of arms includes a pineapple and turtle above a shield with three stars (representing the three islands) and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS |
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Economy |
Cayman Islands |
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Economy - overview:
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With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1998, including almost 600 banks and trust companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1.2 million in 1997, with 600,000 from the US. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world. |
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GDP (purchasing power parity):
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$1.391 billion (2004 est.) |
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GDP (official exchange rate):
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NA |
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GDP - real growth rate:
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1.7% (2002 est.) |
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GDP - per capita (PPP):
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$32,300 (2004 est.) |
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GDP - composition by sector:
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agriculture: 1.4%
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Labor force:
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19,820 (1995) |
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Labor force - by occupation:
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agriculture: 1.4%
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Unemployment rate:
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4.1% (1997) |
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Population below poverty line:
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NA% |
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Household income or consumption by percentage share:
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lowest 10%: NA%
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Inflation rate (consumer prices):
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2.8% (2002) |
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Budget:
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revenues: $265.2 million
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Agriculture - products:
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vegetables, fruit; livestock; turtle farming |
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Industries:
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tourism, banking, insurance and finance, construction, construction materials, furniture |
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Industrial production growth rate:
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NA% |
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Electricity - production:
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441.9 million kWh (2003) |
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Electricity - production by source:
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fossil fuel: 100%
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Electricity - consumption:
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411 million kWh (2003) |
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Electricity - exports:
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0 kWh (2003) |
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Electricity - imports:
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0 kWh (2003) |
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Oil - production:
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0 bbl/day (2003) |
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Oil - consumption:
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2,450 bbl/day (2003 est.) |
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Oil - exports:
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NA bbl/day |
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Oil - imports:
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NA bbl/day |
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Natural gas - production:
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0 cu m (2003 est.) |
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Natural gas - consumption:
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0 cu m (2003 est.) |
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Exports:
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$1.2 million (1999) |
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Exports - commodities:
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turtle products, manufactured consumer goods |
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Exports - partners:
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mostly US (2004) |
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Imports:
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$457.4 million (1999) |
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Imports - commodities:
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foodstuffs, manufactured goods |
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Imports - partners:
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US, Trinidad and Tobago, UK, Netherlands Antilles, Japan (2004) |
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Debt - external:
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$70 million (1996) |
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Economic aid - recipient:
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$NA |
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Currency (code):
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Caymanian dollar (KYD) |
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Currency code:
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KYD |
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Exchange rates:
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Caymanian dollars per US dollar - 0.82 (29 October 2001), 0.83 (3 November 1995), 0.85 (22 November 1993) |
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Fiscal year:
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1 April - 31 March |
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Communications |
Cayman Islands |
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Telephones - main lines in use:
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38,000 (2002) |
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Telephones - mobile cellular:
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17,000 (2002) |
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Telephone system:
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general assessment: reasonably good system
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Radio broadcast stations:
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AM 1, FM 4, shortwave 0 (2004) |
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Radios:
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36,000 (1997) |
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Television broadcast stations:
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4 with cable system (2004) |
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Televisions:
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7,000 (1997) |
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Internet country code:
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.ky |
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Internet hosts:
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5,069 (2005) |
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Internet Service Providers (ISPs):
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16 (2000) |
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Internet users:
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9,909 (2003) |
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Transportation |
Cayman Islands |
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Airports:
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3 (2005) |
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Airports - with paved runways:
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total: 2
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Airports - with unpaved runways:
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total: 1
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Roadways:
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total: 785 km
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Merchant marine:
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total: 132 ships (1000 GRT or over) 2,667,086 GRT/4,255,739 DWT
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Ports and terminals:
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Cayman Brac, George Town |
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Military |
Cayman Islands |
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Military branches:
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no regular military forces; Royal Cayman Islands Police Force |
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Manpower available for military service:
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males age 18-49: 10,703 (2005 est.) |
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Manpower fit for military service:
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males age 18-49: 8,600 (2005 est.) |
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Manpower reaching military service age annually:
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males age 18-49: 257 (2005 est.) |
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Military - note:
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defense is the responsibility of the UK |
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Transnational Issues |
Cayman Islands |
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Disputes - international:
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none |
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Illicit drugs:
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offshore financial center; vulnerable to drug transshipment to the US and Europe |
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