News

The average prices of goods and services in the Cayman Islands, as estimated by the Consumer Price Index (CPI), increased by 2.2% in the second quarter of 2017 compared to the same period in 2016. The largest contributor to the increase in the CPI... READ MORE

Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) is estimated to have grown by 2.0% in the first quarter of 2017. Indicators show that the first quarter economic performance was broad-based. The major sectors... READ MORE

The Cayman Islands’ Compendium of Statistics 2016 was released today by the Economics and Statistics Office. The Compendium is a comprehensive collection of statistics from various public and private sector data sources covering population, dem... READ MORE

The total value of the Islands’ importation of petroleum and petroleum-related products grew in the second quarter by 6.1% to reach $26.84 million. This was driven by an increase in the average price of fuel. There was also an overall increase... READ MORE

The Economics and Statistics Office (ESO) will commence the Labour Force Survey (LFS) for Fall 2017 on Sunday (October 1st). The LFS seeks to collect data on the employed and unemployed persons in the Cayman Islands, as well as those who are not i... READ MORE

The Cayman Islands’ economic expansion remains robust with the estimated Gross Domestic Product (GDP) rising by 2.7 percent in 2016. This was the highlight of The Cayman Islands’ Annual Economic Report 2016 released by the Economics and S... READ MORE

The total value of all merchandise goods imported into the Cayman Islands in the first quarter of 2017 amounted to CI$207.8 million. This is lower by CI$4.3 million compared the same period in 2016.   The decline is attributed to a 6.1 per... READ MORE

The CPI increased by 1.7 percent compared to the same quarter a year ago. The main contributors to this movement were the 9.0 percent rise in the index for restaurants and hotels, clothing and footwear that went up by 4.7 percent, and recreation and... READ MORE

In 2016, the total value of goods imported into the Cayman Islands grew by 2.8 percent to reach CI$854.2 million, compared to CI$830.9 million recorded in 2015. The growth in the value of imports was largely driven by non-petroleum imports, which... READ MORE

Business and non-profit organizations have until end of business day Friday, May 12th 2017 to submit their completed annual business survey questionnaires to the Economics and Statistics Office (ESO). The annual Balance of Payment and System of Natio... READ MORE