NationMaster - Caymanian Economy statistics

Agriculture > products vegetables, fruit; livestock, turtle farming
Budget > Expenditures	$392,600,000.00	[17th of 165]
Budget > Revenues	$423,800,000.00	[16th of 166]
Debt > External	$70,000,000.00	[5th of 136]
Economy > Overview With no direct taxation, the islands are a thriving offshore financial center. More than 68,000 companies were registered in the Cayman Islands as of 2003, including almost 500 banks, 800 insurers, and 5,000 mutual funds. 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 2.1 million in 2003, with about half 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.
Exchange rates Caymanian dollars per US dollar - 0.82 (29 October 2001), 0.83 (3 November 1995), 0.85 (22 November 1993)
Exports	$2,520,000.00	[57th of 189]
Exports to US	$3,200,000.00	[154th of 224]
GDP	$1,270,000,000.00	[160th of 203]
GDP (purchasing power parity)	$1,939,000,000.00	[5th of 187]
GDP > Real growth rate	0.9%	[11th of 198]
GDP growth > annual %	5.31 annual %	[53rd of 187]
Imports	$866,900,000.00	[25th of 185]
Inflation rate (consumer prices)	4.4%	[5th of 192]
International tourism, number of arrivals	168,000	[114th of 190]
Stock exchange Cayman Islands Stock Exchange
Tourist arrivals by region of origin > Africa	325	[118th of 142]
Tourist arrivals by region of origin > Europe	13,221	[153rd of 195]
Tourist arrivals by region of origin > Southern Asia	97	[90th of 102]
Trade balance with US	$67,400,000.00	[20th of 224]