Cayman Islands Facts and Figures

Please find below some information that might prove useful when considering the purchase of a home in Cayman Islands.

COMPOSITION

Grand Cayman, Cayman Brac and Little Cayman

LOCATION

Grand Cayman – Western Caribbean, about 150 miles south of Cuba, 480 miles southwest of Miami, 180 miles northwest of Jamaica

Cayman Brac – 89 miles northeast of Grand Cayman

Little Cayman – 5 miles west of Cayman Brac

Click here to view Cayman’s flight map

CAPITAL

George Town, in southwest Grand Cayman

SIZE

Total Area – 101sq miles

Grand Cayman – area: 76sq miles; length: 22 miles; average width: 
4 miles; highest point: about 60ft above sea level

Cayman Brac – area: 15sq miles; length: 12 miles; average width: 1.5 miles; highest point: The Bluff – 140ft above sea level

Little Cayman – area: 10sq miles; length: 10 miles; average width: just over 1 mile; highest point: 40ft above sea level

POPULATION

56, 691 of which 58.8%, or 33,334, are Caymanians (2013)

NATIONAL INCOME

GDP per capita: CI$47,415 (2013)

Globally ranked 18th, ahead of Canada, UK, UAE and Germany

Total GDP: CI$3,665.3 million (2013)

Total Government Revenue Forecast: CI$ 644.6 million (2013/14)

Total Government Expenditure Forecast: CI$ 517.9 million (2013/14)

Core Government Dept: CI$548.8 million (June 30th 2014)

OTHER STATISTICS [2013]

Unemployment rate: 6.3%

Total Work Permits: 19,434

Total Labour Force: 38,483

Total # Central Government Employees: 3,538

Inflation Rate: 1.2%

Imports: CI$774.5 million

Bank & Trust Licences: 213

Captive Insurance Licences: 782

Mutual Fund Registrations: 11,379

Total Company Registrations: 95,530

Doctors per 1,000 population: 3.7

Visitor Air Arrivals: 345,400 passengers

Cruise Ship Arrivals: 1,375,900 million passengers

MAIN INDUSTRIES

Tourism, Financial Services and Construction

NATIONALITIES

Over 106 different nationalities are represented in Cayman. The majority of the population is Caymanian, followed by Jamaican, British, American, Canadian, Filipino and a mix of Latin American.

NATIONAL SYMBOLS

National Bird: Grand Cayman Parrot

National Flower: Wild Banana Orchid

National Tree: Silver Thatch Palm

National Song: Beloved Isle

National Motto: “He hath founded it upon the seas”