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[Country
Listing]
Cayman
Islands
(overseas territory of the UK)
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Cayman
Islands
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Location: Caribbean, island group
in Caribbean Sea, nearly one-half of the
way from Cuba to Honduras
Geographic coordinates: 19 30 N, 80
30 W
Map references: Central America and
the Caribbean
Area:
total: 260 sq km
land: 260 sq km
water: 0 sq km
Areacomparative: 1.5 times the
size of Washington, DC
Land boundaries: 0 km
Coastline: 160 km
Maritime claims:
exclusive fishing zone: 200 nm
territorial sea: 12 nm
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
Elevation extremes:
lowest point: Caribbean Sea 0
m
highest point: The Bluff 43 m
Natural resources: fish, climate and
beaches that foster tourism
Land use:
arable land: 0%
permanent crops: 0%
permanent pastures: 8%
forests and woodland: 23%
other: 69% (1993 est.)
Irrigated land: NA sq km
Natural hazards: hurricanes (July
to November)
Environmentcurrent issues: no
natural fresh water resources; drinking
water supplies must be met by rainwater
catchment
Environmentinternational agreements:
party to: NA
signed, but not ratified: NA
Geographynote: important location
between Cuba and Central America
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Population: 39,335 (July 1999 est.)
Age structure:
0-14 years: NA
15-64 years: NA
65 years and over: NA
Population growth rate: 4.19% (1999
est.)
Birth rate: 13.66 births/1,000 population
(1999 est.)
Death rate: 4.98 deaths/1,000 population
(1999 est.)
Net migration rate: 33.2 migrant(s)/1,000
population (1999 est.)
note: major destination for Cubans
trying to migrate to the US
Infant mortality rate: 8.4 deaths/1,000
live births (1999 est.)
Life expectancy at birth:
total population: 77.1 years
male: 75.37 years
female: 78.81 years (1999 est.)
Total fertility rate: 1.31 children
born/woman (1999 est.)
Nationality:
noun: Caymanian(s)
adjective: Caymanian
Ethnic groups: mixed 40%, white 20%,
black 20%, expatriates of various ethnic
groups 20%
Religions: United Church (Presbyterian
and Congregational), Anglican, Baptist,
Roman Catholic, Church of God, other Protestant
denominations
Languages: English
Literacy:
definition: age 15 and over has
ever attended school
total population: 98%
male: 98%
female: 98% (1970 est.)
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Country name:
conventional long form: none
conventional short form: Cayman
Islands
Data code: CJ
Dependency status: overseas territory
of the UK
Government type: NA
Capital: George Town
Administrative divisions: 8 districts;
Creek, Eastern, Midland, South Town, Spot
Bay, Stake Bay, West End, Western
Independence: none (overseas territory
of the UK)
National holiday: Constitution Day
(first Monday in July)
Constitution: 1959, revised 1972 and
1992
Legal system: British common law and
local statutes
Suffrage: 18 years of age; universal
Executive branch:
chief of state: Queen ELIZABETH
II (since 6 February 1952)
head of government: Governor and
President of the Executive Council John
Wynne OWEN (since 15 September 1995)
cabinet: Executive Council (three
members appointed by the governor, four
members elected by the Legislative Assembly)
elections: none; the monarch is
hereditary; the governor is appointed
by the monarch
Legislative branch: unicameral Legislative
Assembly (18 seats, three official members
and 15 elected by popular vote; members
serve four-year terms)
elections: last held 20 November
1996 (next to be held NA November 2000)
election results: percent of voteNA;
seatsNational Team coalition 9,
independents 6
Judicial branch: Grand Court; Cayman
Islands Court of Appeal
Political parties and leaders: no
formal political parties
International organization participation:
Caricom (observer), CDB, Interpol (subbureau),
IOC
Diplomatic representation in the US:
none (overseas territory of the UK)
Diplomatic representation from the US:
none (overseas territory of the UK)
Flag description: blue, with the flag
of the UK in the upper hoist-side quadrant
and the Caymanian coat of arms on a white
disk centered on the outer half of the
flag; the coat of arms includes a pineapple
and turtle above a shield with three stars
(representing the three islands) and a
scroll at the bottom bearing the motto
HE HATH FOUNDED IT UPON THE SEAS
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Economyoverview: 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 1997, 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
visitors in 1997. 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: purchasing power parity$930
million (1997 est.)
GDPreal growth rate: 5.5% (1997
est.)
GDPper capita: purchasing power
parity$24,500 (1997 est.)
GDPcomposition by sector:
agriculture: 1.4%
industry: 3.2%
services: 95.4% (1994 est.)
Population below poverty line: NA%
Household income or consumption by percentage
share:
lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices):
2.7% (1997)
Labor force: 19,820 (1995)
Labor forceby occupation: service
workers 18.7%, clerical 18.6%, construction
12.5%, finance and investment 6.7%, directors
and business managers 5.9% (1979)
Unemployment rate: 5.1% (1996)
Budget:
revenues: $265.2 million
expenditures: $248.9 million,
including capital expenditures of $NA
(1997)
Industries: tourism, banking, insurance
and finance, construction, construction
materials, furniture
Industrial production growth rate:
NA%
Electricityproduction: 290 million
kWh (1996)
Electricityproduction by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (1996)
Electricityconsumption: 290
million kWh (1996)
Electricityexports: 0 kWh (1996)
Electricityimports: 0 kWh (1996)
Agricultureproducts: vegetables,
fruit; livestock, turtle farming
Exports: $2.65 million (1996)
Exportscommodities: turtle products,
manufactured consumer goods
Exportspartners: mostly US
Imports: $379.4 million (1996)
Importscommodities: foodstuffs,
manufactured goods
Importspartners: US, Trinidad
and Tobago, UK, Netherlands Antilles,
Japan
Debtexternal: $70 million (1996)
Economic aidrecipient: $NA
Currency: 1 Caymanian dollar (CI$)
= 100 cents
Exchange rates: Caymanian dollars
(CI$) per US$10.83 (3 November 1995),
0.85 (22 November 1993)
Fiscal year: 1 April31 March
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Telephones: 21,584 (1993 est.)
Telephone system:
domestic: NA
international: 1 submarine coaxial
cable; satellite earth station1
Intelsat (Atlantic Ocean)
Radio broadcast stations: AM 1, FM
4 (the four stations have a total of six
frequencies), shortwave 0 (1998)
Radios: 28,200 (1992 est.)
Television broadcast stations: NA
Televisions: 6,000 (1992 est.)
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Railways: 0 km
Highways:
total: 406 km
paved: 304 km
unpaved: 102 km
Ports and harbors: Cayman Brac, George
Town
Merchant marine:
total: 76 ships (1,000 GRT or
over) totaling 1,264,113 GRT/1,970,959
DWT
ships by type: bulk 13, cargo
10, chemical tanker 11, container 4, liquefied
gas tanker 1, oil tanker 7, refrigerated
cargo 22, roll-on/roll-off cargo 6, specialized
tanker 1, vehicle carrier 1
note: a flag of convenience registry;
includes ships from 11 countries among
which are: Greece 15, US 5, UK 5, Cyprus
2, Denmark 2, Norway 3 (1998 est.)
Airports: 3 (1998 est.)
Airportswith paved runways:
total: 2
1,524 to 2,437 m: 2 (1998 est.)
Airportswith unpaved runways:
total: 1
914 to 1,523 m: 1 (1998 est.)
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Military branches: Royal Cayman Islands
Police Force (RCIPF)
Militarynote: defense is the
responsibility of the UK
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Disputesinternational: none
Illicit drugs: vulnerable to drug
money laundering and drug transshipment
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