Cayman Islands
| Country summary | |
|---|---|
|
Capital |
George Town (on Grand Cayman) |
|
Borders |
(N/A) |
|
Government type |
parliamentary democracy |
|
Population |
49,035[1] |
|
Population growth |
2.394% (2010 est.)[1] |
|
Life expectancy |
80.44 years[1] |
|
Unemployment |
4% (2008)[1] |
The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries and were administered by Jamaica after 1863. In 1959, the islands became a territory within the Federation of the West Indies. When the Federation dissolved in 1962, the Cayman Islands chose to remain a British dependency.[1]
Economical characteristics
- Currency: Cayman Islands dollar (ISO code: KYD)
- Central bank discount rate: [1]
- Commercial banks lending rate: [1]
- Stock of money (M1): $334.3 million (31 December 2008)[1]
- Quasi money (with M1 makes M2): $5.23 billion (31 December 2008)[1]
Statistics
| Statistic / Year | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|
| GDP (USD)[2] | ||||||||||
| Govt. debt (% of GDP)[3] | ||||||||||
| Govt. revenue (% of GDP)[4] | ||||||||||
| Govt. expenses (% of GDP)[5] | ||||||||||
| Debt to revenue (years) |
References
Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Factbook. "Cayman Islands", from The World Factbook. Referenced 2010-09-30.
- ↑ World Bank. "Cayman Islands: GDP", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Cayman Islands: government debt", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Cayman Islands: government revenue", from World Bank Data. Referenced 2010-09-30.
- ↑ World Bank. "Cayman Islands: government expenses", from World Bank Data. Referenced 2010-09-30.
Links
- Cayman Islands on Wikipedia
- Central bank of Cayman Islands
- BBC country profile
