Discover Fascinating Cayman Islands Facts

Dive into the history, culture, and unique insights about Cayman Islands.

Cayman Islands

Background

๐Ÿ๏ธ The Cayman Islands have an interesting history! They were colonized by the British in the 18th and 19th centuries. ๐Ÿ“œ After 1863, Jamaica took care of the islands until 1959, when they became a part of the Federation of the West Indies. But when that federation broke apart in 1962, the Cayman Islands decided to stay a British dependency. ๐Ÿ‡ฌ๐Ÿ‡ง

Colonization Timeline

18th and 19th centuries

Administration by Jamaica

From 1863

Cayman Islands Federation Status

1959 - part of West Indies

Dissolution of Federation

1962

Current Status

British dependency

Exports - commodities

The Cayman Islands boasts a diverse range of exports! ๐Ÿšขโœˆ๏ธ From ships and aircraft to refined petroleum and natural gas, these commodities are essential to the economy. Not to forget, broadcasting equipment also plays a critical role! Each item reflects the unique resources and capabilities of this beautiful Caribbean nation. ๐ŸŒด

Major Export Commodities

ships, aircraft, refined petroleum, natural gas, broadcasting equipment

Capital

๐ŸŒŸ The capital of the Cayman Islands is George Town, which is located on the island of Grand Cayman! ๐ŸŒด It's not just a capital; it's also a vibrant city filled with beautiful beaches, shopping, and delicious food! ๐Ÿฝ๏ธ

Imports - commodities

๐ŸŒ The Cayman Islands imports a variety of exciting commodities! ๐Ÿšข Hereโ€™s a quick look at what they bring in:

  • Refined Petroleum: Fuel for the roads and more! โ›ฝ๏ธ
  • Diamonds: Sparkling treasures for jewelry! ๐Ÿ’Ž
  • Cars: Speedy rides for exploration! ๐Ÿš—
  • Gold: The shiny stuff that makes everything valuable! ๐Ÿ…

These imports help the islands thrive and add a dash of luxury to life in the Caribbean! ๐Ÿ‡ฐ๐Ÿ‡พ

Imported Commodities

Refined Petroleum, Diamonds, Cars, Gold

Climate

The climate of the Cayman Islands is truly tropical! ๐ŸŒดโ˜€๏ธ It features warm and rainy summers from May to October and cool, relatively dry winters from November to April. This means that while the summer is filled with sunshine and some rain, the winter offers a pleasant break with lower humidity. Perfect for enjoying the beautiful beach life! ๐Ÿ–๏ธ

Executive branch

๐Ÿ‡ฐ๐Ÿ‡พ Let's take a peek at the Executive Branch of the Cayman Islands! The chief of state is King CHARLES III, who has been in position since 8 September 2022. He is represented in the islands by Governor Jane OWEN, who took office on 21 April 2023.

For the head of government, we have Premier Juliana O'CONNOR-CONNOLLY, who assumed her role on 15 November 2023. That's some fresh leadership! ๐ŸŒŸ

Chief of State Start Date

8 September 2022

Governor Start Date

21 April 2023

Premier Start Date

15 November 2023

Legislative branch

The Cayman Islands has an important part of its government called the Legislative branch! ๐Ÿ›๏ธ It is unicameral, which means it consists of only one chamber. The Parliament is made up of 21 seats, where elected representatives gather to make laws and decisions for the country. ๐ŸŒดโœจ

Total seats in Parliament

21

Natural resources

๐ŸŒŠ The Cayman Islands boast some amazing natural resources! ๐ŸŒž The beautiful beaches are perfect for soaking up the sun and attracting tourists all year round. ๐ŸŸ With an abundance of fish in their waters, the islands provide great opportunities for fishing and marine tourism. Plus, the delightful climate ensures that visitors enjoy their stay with plenty of warm days! ๐ŸŒด

Natural Resources Highlights

Fish, Climate, Beaches

Economic overview

๐ŸŒด The Cayman Islands is known as a dominant offshore banking territory! ๐Ÿฆ Did you know that the services sector makes up more than 85% of all economic activity? This island paradise relies heavily on its large tourism sector too! ๐ŸŒž

Recently, the country has embraced a fiscal responsibility framework to tackle issues like tax evasion and money laundering ๐Ÿ’ธ. Interestingly, the Cayman Islands does not have a welfare system, yet boasts a high standard of living for its residents. ๐Ÿ–๏ธ

Percentage of Economic Activity from Services Sector

85%

Standard of Living

High

Welfare System Status

None

Economic Activity Breakdown

Government type

The Cayman Islands has a unique political system! ๐ŸŒด It's a parliamentary democracy and functions as a self-governing overseas territory of the United Kingdom. This means that while they have their own government and can make many of their own laws, they still look to the UK for some guidance and support. It's like having the best of both worlds! ๐Ÿ›๏ธ๐Ÿ‡ฌ๐Ÿ‡ง

Government type

Parliamentary democracy; Self-governing overseas territory of the UK

Ethnic groups

The Cayman Islands is a colorful blend of cultures! ๐ŸŒ Here's a breakdown of the ethnic groups that make up this beautiful archipelago:

  • Cayman Islander: 35.4% ๐Ÿ‡ฐ๐Ÿ‡พ
  • Jamaican: 24.8% ๐Ÿ‡ฏ๐Ÿ‡ฒ
  • Filipino: 5.5% ๐Ÿ‡ต๐Ÿ‡ญ
  • British: 5.3% ๐Ÿ‡ฌ๐Ÿ‡ง
  • American: 5.2% ๐Ÿ‡บ๐Ÿ‡ธ
  • Honduran: 4.2% ๐Ÿ‡ญ๐Ÿ‡ณ
  • Canadian: 3.3% ๐Ÿ‡จ๐Ÿ‡ฆ
  • Indian: 2.1% ๐Ÿ‡ฎ๐Ÿ‡ณ
  • Cuban: 1.6% ๐Ÿ‡จ๐Ÿ‡บ
  • Nicaraguan: 1% ๐Ÿ‡ณ๐Ÿ‡ฎ
  • Other: 11.1% ๐ŸŽ‰
  • Unspecified: 0.5% โ“

As you can see, the Cayman Islands has a rich tapestry of ethnic diversity! ๐Ÿฅณ

Percentage of Cayman Islanders

35.4

Percentage of Jamaicans

24.8

Percentage of Filipinos

5.5

Percentage of British

5.3

Percentage of Americans

5.2

Percentage of Hondurans

4.2

Percentage of Canadians

3.3

Percentage of Indians

2.1

Percentage of Cubans

1.6

Percentage of Nicaraguans

1

Percentage of Others

11.1

Percentage unspecified

0.5

Ethnic Groups in the Cayman Islands (2021)

Religions

In the beautiful Cayman Islands, the religious landscape is quite fascinating! ๐ŸŒดโœจ Here's how the beliefs break down:

  • Protestant: A whopping 60.8%, making it the largest group. Within this group, we have:
    • Church of God: 19.5%
    • Seventh Day Adventist: 8.7%
    • Non-denominational: 8.3%
    • Baptist: 6.9%
    • Pentecostal: 6.8%
    • Presbyterian/United Church: 5.7%
    • Anglican: 2.8%
    • Wesleyan Holiness: 1.5%
    • Methodist: 0.5%
  • Roman Catholic: 13.6%
  • Hindu: 1.7%
  • Jehovah's Witness: 0.9%
  • Other Religions: 4.8%
  • None: 16.7%
  • Unspecified: 1.4%

With such a diverse collection of beliefs, thereโ€™s a little something for everyone in the Cayman Islands! ๐Ÿฅณ๐Ÿ”

Percentage of Protestant

60.8%

Percentage of Roman Catholic

13.6%

Percentage of Hindu

1.7%

Percentage of Jehovah's Witness

0.9%

Percentage of Other Religions

4.8%

Percentage of None

16.7%

Percentage of Unspecified

1.4%

Religious Distribution in Cayman Islands

Languages

In the beautiful Cayman Islands, youโ€™ll find a mix of languages spoken by the friendly locals! ๐ŸŒŠ๐Ÿ—ฃ๏ธ Hereโ€™s a peek at the languages used:

  • English is the star of the show, with 88.8% of the population speaking it as their main language! ๐Ÿ‡ฌ๐Ÿ‡ง
  • Following English, we have Spanish at 3.9%, bringing a touch of Latin culture. ๐Ÿ‡ช๐Ÿ‡ธ
  • Filipino is also present, spoken by 3.8% of the people. ๐Ÿ‡ต๐Ÿ‡ญ
  • Meanwhile, other languages account for 2.8% of the language palette! ๐ŸŒ
  • Thereโ€™s always a little mystery with 0.7% of the languages being unspecified. ๐Ÿค”

Itโ€™s amazing to see how diverse communication can be in such a stunning place! ๐ŸŒดโœจ

Percentage of English Speakers

88.8%

Percentage of Spanish Speakers

3.9%

Percentage of Filipino Speakers

3.8%

Percentage of Other Languages

2.8%

Percentage of Unspecified Languages

0.7%

Language Distribution in the Cayman Islands

Imports - partners

๐ŸŒ Let's take a closer look at the Cayman Islands and who they bring in their goodies from! In 2022, the imports were shared among a few key partners: The United States brought in a whopping 47% of the goods! ๐Ÿ‡บ๐Ÿ‡ธ Following behind is Italy, contributing 19% of imports with its delicious pasta and stylish fashion! ๐Ÿ‡ฎ๐Ÿ‡น Next up is Turkey at 7%, known for its spices and delightful treasures. ๐Ÿ‡น๐Ÿ‡ท Germany follows closely with 6%, bringing its famous cars and engineering skills. ๐Ÿš— Lastly, Switzerland rounds out the list with 4%, known for its chocolates and precision gadgets! ๐Ÿ‡จ๐Ÿ‡ญ

This colorful mix of trade partners showcases the Cayman Islands' diverse tastes!

Percentage of goods imported from the US

47%

Percentage of goods imported from Italy

19%

Percentage of goods imported from Turkey

7%

Percentage of goods imported from Germany

6%

Percentage of goods imported from Switzerland

4%

Import Partners of Cayman Islands (2022)

Exports - partners

๐ŸŒ The Cayman Islands exports to various countries, and here's how the pie of trade looks for the year 2022! The top partners are as follows:

  • Malta: 30% ๐Ÿฅ‡
  • Norway: 22% ๐Ÿฅˆ
  • Seychelles: 16% ๐Ÿฅ‰
  • Grenada: 8% ๐Ÿ‡ฌ๐Ÿ‡ฉ
  • United States: 5% ๐Ÿ‡บ๐Ÿ‡ธ

Isn't it interesting to see where the Cayman Islands sends its goods? Let's take a closer look at this pie chart to visualize these trade partners! ๐ŸŽ‰

Total Export Percentage accounted for

81%

Exports Partners of the Cayman Islands (2022)

Population

๐ŸŒ The Cayman Islands is home to a total population of 66,653 people! That's a lively crowd enjoying the sun and beautiful beaches. With such a vibrant mix of locals and visitors, the islands are truly a special place to be. ๐Ÿ๏ธ

Total Population

66,653

Area

The Cayman Islands boast a total area of 264 square kilometers! ๐ŸŒด What makes this island a true gem in the Caribbean is that all of this space is land since there are 0 square kilometers of water. So you can enjoy the beautiful landscapes and vibrant culture of this enchanting location without any disruption from large bodies of water! ๐ŸŒŠ๐Ÿ–๏ธ

Total Area

264 sq km

Total Land Area

264 sq km

Total Water Area

0 sq km

Real GDP (purchasing power parity)

๐ŸŒด The Cayman Islands is known for its stunning beaches and vibrant tourism. But did you know about its growing economy too? Let's take a look at how the Real GDP (purchasing power parity) has changed over the last few years! Here's the scoop:

  • In 2020, the Real GDP was $4.956 billion.
  • By 2021, it grew to $5.199 billion.
  • And guess what? By 2022, it reached $5.467 billion! ๐Ÿ“ˆ

This shows a positive trend in the Cayman Islands' economy. Letโ€™s visualize this growth! ๐Ÿ“Š

2020 Real GDP

4.956 billion USD

2021 Real GDP

5.199 billion USD

2022 Real GDP

5.467 billion USD

Real GDP Growth of Cayman Islands (PPP)

Real GDP per capita

The Cayman Islands have a remarkable Real GDP per capita that showcases its economic health! ๐ŸŒด๐Ÿ’ฐ Here's a look at how it has changed over the years:

  • In 2020, the Real GDP per capita was $73,600.
  • By 2021, it increased to $76,300. ๐Ÿ“ˆ
  • Fast forward to 2022, and it climbed even higher to $79,600! ๐ŸŒŸ

This shows a steady growth in the economy, which means people in the Cayman Islands are getting wealthier! ๐ŸŽ‰

GDP per Capita in 2020

$73,600

GDP per Capita in 2021

$76,300

GDP per Capita in 2022

$79,600

Real GDP per Capita in the Cayman Islands (2020-2022)

Imports

๐Ÿ‡ฐ๐Ÿ‡พ The Cayman Islands are known for their beautiful beaches ๐Ÿ–๏ธ and vibrant culture, but did you know about their exciting import statistics? ๐Ÿ“Š Let's dive into the numbers! In 2021, the total imports reached a whopping $2.743 billion! ๐Ÿ“ˆ The previous year, in 2020, imports were approximately $2.51 billion ๐Ÿ”ฝ. Going back to 2019, they were equal to 2021's amounts at $2.743 billion! ๐Ÿฆ The trend indicates that the Cayman Islands have maintained strong import figures over these years.

Check out this import journey across three years!

Imports in 2021

$2.743 billion

Imports in 2020

$2.51 billion

Imports in 2019

$2.743 billion

Cayman Islands Imports Over Time

Exports

๐ŸŒŽ The Cayman Islands has a vibrant export economy! Let's explore how their export values have changed over the last few years:

  • 2021: $4.054 billion
  • 2020: $3.951 billion
  • 2019: $4.205 billion

It's interesting to see the ups and downs in these numbers! ๐Ÿ“Š

Cayman Islands Exports Over Time

Population growth rate

The Cayman Islands is experiencing a population growth rate of 1.75% in 2024! ๐ŸŒด๐Ÿ“ˆ This means that more people are calling the islands home, contributing to the vibrant culture and community. With beautiful beaches and a lively atmosphere, it's no wonder why people are flocking to this paradise! ๐Ÿ–๏ธ

Population growth rate for 2024

1.75%