News

The total value of the merchandise imports recorded significant growth for the second quarter of 2021 as the economy shows signs of a rebound from the effects of the Covid-19 pandemic. Goods Import for the second quarter stood at $310.87 million, an... READ MORE

Economic activity in the Cayman Islands, as measured by the gross domestic product (GDP) in real terms, is estimated to have increased by 0.4% in the first three months of 2021. Indicators suggest that the growth in economic activity was largely dr... READ MORE

As measured by the real gross domestic product (GDP), economic activity in the Cayman Islands is estimated to have increased by 1.4% in the first six months of 2021. Indicators suggest that the growth in economic activity was largely driven by incr... READ MORE

The Consumer Price Index (CPI) rose by 0.2 percent in the second quarter of 2021 when compared to the same period in 2020. Of the twelve CPI divisions, ten recorded increased average prices. In the second quarter of 2021, the division miscellaneous... READ MORE

The Consumer Price Index (CPI) increased by 6.4 percent in the third quarter of 2021 compared to the same period in 2020. All twelve CPI divisions recorded increased average prices. The division housing and utilities recorded the largest average pri... READ MORE

The Cayman Islands’ Compendium of Statistics 2020, released by the Economics and Statistics Office, is a comprehensive collection of statistics from various public and private sector data sources covering population, demographics, social and living c... READ MORE

Restrictive measures and a fall in global and local demand led to a reduction in Cayman’s economic activity in 2020. Real Gross Domestic Product (GDP) is estimated to have contracted by 6.7 percent for the year. This was the highlight of The Cayman I... READ MORE

The total value of the Islands’ importation of goods stood at $288.6 million, a decrease of 2.4 percent for the first quarter of 2021. This decrease resulted from the reduction in both non-petroleum and petroleum-related imports. Non-petroleum impor... READ MORE

The Consumer Price Index (CPI) fell by 1.0 percent in the first quarter of 2021 when compared to the same period in 2020. Of the twelve CPI divisions, three recorded reductions in average prices. In the first quarter of 2021, the division housing an... READ MORE

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