Cayman Islands GDP Annual Growth Rate
The Gross Domestic Product (GDP) in Cayman Islands expanded 1.2 percent in 2013. GDP Annual Growth Rate in Cayman Islands averaged 1.49 Percent from 1992 until 2013, reaching an all time high of 6.50 Percent in the fourth quarter of 2005 and a record low of -6.90 Percent in the second quarter of 2010. GDP Annual Growth Rate in Cayman Islands is reported by the Cayman Islands - The Economics & Statistics Office.
||1992 - 2013
The Cayman Islands is a British overseas territory located in the Caribbean known for being a major tax. International finance is the most important sector of the economy, and accounts for around 55 percent of GDP and 40 percent of government revenue. High-end tourism is also crucial, and accounts for around 30 percent of GDP. Yet, adapting its banking industry to pressure from tax authorities worldwide is a major issue for the government. This page provides - Cayman Islands GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.