Cayman’s Economy Maintains Strong Momentum with 2.8% Growth in the First Nine Months of 2025

The economy continued its steady pace of expansion in 2025, recording an estimated 2.8% real GDP growth in the first nine months of the year. The performance points to a resilient service‑driven economy supported by firm demand pressures and ongoing investment in core sectors.

Broad-Based Expansion Led by Services

Growth remained broad-based, with most major sectors expanding and only one contracting over the period. General services remained a key driver of momentum, as government services increased by 4.0% and health services by 5.1%. Interest in the islands' commercial offerings was also evident, with real estate activities rising by 3.9%, business services by 3.3%, and utilities by 3.0%. Financing and insurance services, which remain central to Cayman’s economic base, expanded by 2.2%, reinforcing the sector’s continued strength.

Government Finances Remain Strong

The central government posted a robust CI$86.0 million surplus for the first three quarters of 2025, driven by CI$970.4 million in revenue against CI$884.5 million in expenditure.

At the same time, the government continued to reduce its debt burden, with outstanding debt falling to CI$393.7 million as of September 2025, down from CI$421.1 million a year earlier.

For more information on the “The Cayman Islands’ Third Quarter Economic Report 2025,” please visit www.eso.ky.