Diversify the Economy
GDP, Per Capita  and per employee Indicators
Main aggregates 2006 2007 2008 2009 2010 2011
  (CI$'000)
GDP (Current Basic Prices) 2,448,881 2,637,056 2,661,496 2,510,096 2,411,196 2,469,400
Percentage change from previous year   7.7% 0.9% -5.7% -3.9% 2.4%
GDP (Constant Basic Prices) 2,528,214 2,637,056 2,627,781 2,445,648 2,362,943 2,388,100
Percentage change from previous year   4.3% -0.4% -6.9% -3.4% 1.1%
Mean Population 51,992 54,100 55,998 56,507 55,521 55,277
Per Capiita Indicators (CIS) 2006   2008 2009 2010 2011
GDP (Current Basic Prices) 47,094 48,744 47,528 44,421 43,429 44,657
GDP (Constant Basic Prices) 48,619 48,744 46,926 43,280 42,599 43,202
GDP per Employee (CI$) 2006 2007 2008 2009 2010 2011
GDP (Current Basic Prices) 69,936 75,170 71,068 69,806 68,925 70,020
GDP (Constant Basic Prices) 72,202 75,170 70,168 68,014 67,545 67,715

Source: The Economics & Statistics Office (www.eso.ky)

Employment by Industry 
2007 - 2011
INDUSTRY 2007 2008 2009 2010 2011
All Industries 35,081 37,450 33,920 34,983 35,268
Agriculture and Fishing 639 697 630 215 182
Manufacturing, Mining, Printing and  704 791 745 824 1335
Publishing          
Electricity, Gas and Water Supply 504 553 499 441 572
Construction 5646 5796 5,018 3,957 3468
Wholesale and Retail 3619 4732 4,563 4,241 4038
Restaurants and Bars Hotels and Condominiums 3499 4300 3,307 3,872 3361
Transportation, Post and  2004 1688 1,710 2,213 3025
Telecommunications          
Financial Services 3332 3773       3,185     3,638 3509
Real Estate, Renting and Business 4200 5020       4,308     4,930 5074
Activities          
Public Administration, Education, Health  5342 5064       5,050     5,607 4924
and Social Work          
Other Community, Social and Personal 2008 1913       1,774     1,919 2073
Service          
Private Households with Employees 2786 2753       3,095     3,022 3350
Other 18 …. …. 4 22
Not Stated 780 370 37 100 335

Note

Classification of Industry is done using International Standard Industrial Classification of all Economic Activities (ISIC), Rev 3.1

Source: The Cayman Islands Compenduim of Statistics 2009 (www.eso.ky)

Cayman Islands Industry Contribution to GDP at Constant Basic Prices (2007=100), 2006 - 2010
        Percent
Industry 2006R 2007R 2008 2009 2010
Goods Producing Sector 8.3 7.6 7.5 6.3 5.4
  Agriculture & Fishing 0.3 0.3 0.3 0.4 0.4
  Mining & Quarrying 1.2 1.1 0.8 0.8 0.8
  Manufacture 0.9 0.9 1.0 1.0 0.9
  Construction 5.9 5.3 5.4 4.1 3.3
Service Producing Sector 91.7 92.3 92.5 93.8 94.9
  Electricity, Gas & Air Conditioning Supply 2.1 2.2 2.2 2.4 2.5
  Water Supply, Sewerage & Waste Management 1.3 1.3 1.3 1.5 1.5
  Wholesale & Retail Trade 9.7 9.0 9.3 8.9 8.4
  Transport & Storage 4.1 3.9 3.9 3.9 3.9
  Hotels & Restaurants 4.9 5.1 5.1 4.9 5.5
  Information & Communication 4.4 4.3 4.4 4.9 5.0
  Financial & Insurance Services 47.1 48.1 46.7 42.7 42.1
  Real Estate Activities 8.2 8.4 8.4 8.7 8.8
  Professional, Scientific & Technical Activities 11.4 12.0 12.1 13.2 13.9
  Administrative & Support Service Activities 2.0 2.1 2.1 2.1 2.1
  Public Administration & Defense 6.7 6.6 7.2 7.4 7.4
  Education Services 2.3 2.3 2.5 2.7 2.8
  Health & Social Work 2.7 2.6 2.8 3.1 3.2
  Other Services 3.4 3.3 3.1 3.3 3.3
             
Less: Financial Services Indirectly Measured (FISM) 18.6             18.9             18.6 15.9 15.5
             
GDP at Constant Basic Prices 100 100 100 100 100

Source: The Economics & Statistics Office (www.eso.ky)

Cayman Islands GDP by Industrial Origin at Constant Basic Prices (2007=100), 2006 - 2010 
CI$ (000's)
Industry 2006R 2007R 2008 2009 2010
Goods Producing Sector 208,937 200,745 196,649 152,670 125,617
  Agriculture & Fishing 7,174 7,650 8,069 8,882 8,726
  Mining & Quarrying 30,260 29,577 20,764 19,494 18,264
  Manufacture   22,713 23,678 25,463 23,665 21,814
  Construction 148,790 139,840 142,352 100,629 76,815
Service Producing Sector 2,789,104 2,933,412 2,908,438 2,673,054 2,602,714
  Electricity, Gas & Air Conditioning Supply 52,671 57,083 58,318   59,303 58,929
  Water Supply, Sewerage & Waste Management 32,708 34,174 34,716 36,689 34,599
  Wholesale & Retail Trade 245,320 236,399 244,540 216,409 199,140
  Transport & Storage 103,119 103,838 99,156 91,165 91,410
  Hotels & Restaurants 124,141 133,481 134,321 120,628 128,963
  Information & Communication 109,984 113,842 115,080 122,443 117,833
  Financial & Insurance Services 1,190,797 1,267,654 1,219,557 1,044,073 993,774
  Real Estate Activities 206,175 221,854 223,104 212,806 206,769
  Professional, Scientific & Technical Activities 288,925 317,524 319,351 324,654 327,956
; Administrative & Support Service Activities 51,486 54,700 54,233 50,536 49,525
  Public Administration & Defense 170,524 174,343 188,139 181,578 174,900
  Education Services 59,310 61,962 66,633 66,517 65,499
; Health & Social Work 68,479 69,880 70,913 70,037 74,527
  Other Services 85,467 86,677 80,376 76,218 78,892
Total    2,998,041 3,134,156 3,105,087 2,825,724 2,728,331
Less: Financial Services Indirectly Measured (FISIM) 469,852 497,100 487,546 391,760 365,389
GDP at Constant Basic Prices 2,528,189 2,637,056 2,617,541 2,433,964 2,362,943

Source: The Economics & Statistics Office (www.eso.ky)