About
The Cayman Islands were colonized from Jamaica by the
British during the 18th and 19th centuries. Administered by Jamaica since 1863, they remained a British dependency after 1962
when the former became independent.
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Source: The World Factbook
Population: 44,270 (July 2005 est.)
Capital: George Town
Languages: English
Religions: United Church (Presbyterian and Congregational), Anglican, Baptist, Church of God, other Protestant, Roman
Catholic
Government: British crown colony
Climate: tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters
(November to April)
Terrain: low-lying limestone base surrounded by coral reefs
Geography: important location between Cuba and Central America
Ethnic groups: mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20%
Economy: With no direct taxation, the islands are a thriving offshore financial
center. More than 40,000 companies were registered in the Cayman Islands as of 1998, including almost 600 banks and trust
companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for
about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to
visitors from North America. Total tourist arrivals exceeded 1.2 million in 1997, with 600,000 from the US. About 90% of the
islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the
highest standards of living in the world.
GDP per capita: purchasing power parity - $32,300 (2004 est.)
GDP real growth: 1.7% (2002 est.)
Unemployment rate: 4.1%
(1997)
Internet country code: .ky
Dial code: +345
Cities
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Find a flight to any city in Cayman Islands
Local currency is the Cayman Islands Dollar
Airlines based in Cayman Islands
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