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ESO

Cayman’s economy expanded by an estimated 2.7% in the First Half of 2025

Economic activity in the Cayman Islands, as measured by real gross domestic product (GDP), is estimated to have increased by 2.7% in the first six months of 2025.

Indicators suggest that economic activity was supported by moderate growth across several service-oriented and social sectors. Health and social services led the increase with an estimated 5.6% rise, reflecting sustained demand for medical and social care. Other sectors with strong growth were government services (4.0%), wholesale and retail trade (3.6%), real estate (up 3.4%), and electricity and water supply (up 2.8%), all pointing to healthy consumer demand consistent with higher population levels. The financing and insurance services sector, the most significant contributor to GDP, grew by an estimated 3.0% in the first six months of the year.

The central government recorded an overall surplus of CI$164.9 million in the first six months of the year, driven by revenue of $766.3 million and expenditure of $601.4 million.

The central government’s outstanding debt declined to $381.0 million in June 2025, 11.4% lower than the $430.1 million recorded in June 2024.

For more information on the The Cayman Islands’ Semi-Annual Economic Report 2025,” please visit www.eso.ky.