Cayman Islands GDP Annual Growth Rate  1992-2016 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Cayman Islands expanded 2.40 percent in the first quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Cayman Islands averaged 1.61 percent from 1992 until 2016, 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.

Cayman Islands GDP Annual Growth Rate
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Cayman Islands GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 2.40 2.90 6.50 -6.90 percent [+]
GDP 3.48 3.48 3.55 0.02 USD Billion [+]
GDP Per Capita 54827.20 51716.30 54827.20 50384.80 USD [+]
GDP Per Capita Ppp 49902.10 49902.10 49902.10 49902.10 USD [+]



Cayman Islands GDP Annual Growth Rate Notes

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. Cayman Islands GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.90 6.50 -6.90 1992 - 2016 percent Quarterly



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