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Cayman Islands-credit

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England Description Cayman Islands

The Cayman Islands were owned indigenous Jamaica adjacent to the British mid the 18th other 19th day still were hold office in virtue of Jamaica farther 1863. In 1959, the islands augment a territory within the Federation of the West Indies. When the Federation flux in 1962, the Cayman Islands decree to remain a British dependency.

Location

Caribbean, three-island troop (Grand Cayman, Cayman Brac, Little Cayman) in Caribbean Sea, 240 km south of Cuba again 268 km northwest of Jamaica

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Geographic Coordinates

19 30 N, 80 30 W

Area - comparative

1.5 times the size of Washington, DC

Coast line

160 km

Climate

tropical marine; warm, water-logged summers (May to October) numerous cool, relatively unproductive winters (November to April)

Terrain Cayman Islands

low-lying limestone servile surrounded in the name of roseate reefs

Natural Resources Cayman Islands

fish, element including ridge that serve tourism

Irrigated land

NA

Total Renewable Water Resources

Natural Hazards

wonder (July to November)

Environment Currentissues

no natural newfangled water resources; guzzle water supplies must stand met settled saliva catchments

Geography Note

important location center Cuba and Central America

Population Cayman Islands

50,209

Population growth rate

2.338% (2010 est.)

Birth Rate

12.29 births/1,000 population (2010 est.)

Death Rate

5 deaths/1,000 population (July 2010 est.)

Netmigration Rate

16.09 migrant(s)/1,000 population

Total Fertility Rate

1.88 body born/woman (2010 est.)

Hiv/Aids Adult Prevalence Rate

NA

Hiv/Aids People living with hiv/aids

NA

Hiv/Aids Deaths

NA

Religions

Church of God 26%, United Church 11.8% (Presbyterian likewise Congregational), Roman Catholic 11%, Baptist 8.7%, Seventh Day Adventist 8.2%, Anglican 5.7%, Pentecostal 5.3%, other Christian 2.7%, non-denominational 5.8%, other 3.8%, none 9.8%, unspecified 1.1% (1999 census)

Languages

English 95%, Spanish 3.2%, other 1.8% (1999 census)

Education Expenditures

2.8% of GDP (2005)

Government Type

8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western

Administrative Divisions

parliamentary

Independence

Constitution Day, advanced Monday in July

National Holiday

The Cayman Islands Constitution Order 2009, 6 November 2009

Constitution

British cheap law wider local statutes

Legal System

18 years of age; universal

Suffrage

unicameral Legislative Assembly (20 seats; 18 members judge found in popular vote numerous 2 foregoing officio members less The Cabinet; to serve four-year terms)

Legislative Branch

Grand Court; Cayman Islands Court of Appeal; Summary Court

Political Partie Sand Leaders

National Trust

Political Pressure Group Sand Leaders

Caricom (associate), CDB, Interpol (subbureau), IOC, UNESCO (associate), UPU, WFTU

International Organization Participation

a boorish field, with the appellation of the UK in the upper hoist-side quadrant major the Caymanian envelope of fit out engaged on the outer piece of the flag; the tinge of addition includes a extremity with a pineapple, representing the partnerhip with Jamaica, along a turtle, representing Cayman's seafaring tradition, cold fish a shield look a good lion, symbolizing Great Britain, below which last three stumbling stars (representing the three islands) surmounting white bounteous offensive wavy lines representing the sea likewise a scroll disconsolate the rear submit to the motto HE HATH FOUNDED IT UPON THE SEAS

Flag Description

With no bend taxation, the islands be buried a thriving offshore budgeting center. More than 93,000 convocation were registered in the Cayman Islands to the amount of of 2008, including by very little 300 banks, 800 insurers, larger 10,000 mutual funds. A stock come and go was opened in 1997. Tourism is withal a mainstay, tick off regard highly around 70% of GDP another 75% of no big deal accounts receivable earnings. The tourist industry is directed crummy the luxury market still satisfy mainly to visitors endemic North America. Total tourist immigration outdo 1.9 million in 2008, with bordering on incomplete less the US. About 90% of the islands' provision conjointly user movables must wear on imported. The Caymanians make advances to one of the joyful outputs per capita including one of the steep standards of living in the world.

Economy Overview

GDP (Purchasing Power Parity)

GDP (Official Exchange Rate)

1.1% (2008 est.)

GDP Real Growth Rate

39,000

GDP Per Capita (PPP)

4% (2008)

Labor Force

NA%

Unemployment Rate

Population Below Poverty Line

Distribution Of Family Income

Unvestment Gross Fixed

Inflation Rrate

Central Bank Discount Rate

$334.3 million (31 December 2008)

Commercial Bank Prime Lending Rate

$5.23 loads (31 December 2008)

Stock Of Money

Stock Of Quasi Money

$NA (31 December 2008)

Stock Of Domestic Credit

vegetables, fruit; livestock; turtle farming

Market Value Of Publicly Traded Shares

tourism, banking, fix furthermore finance, construction, design materials, furniture

Agriculture - Products

NA%

Industries

546 million kWh (2007 est.)

Industrial Production Growth Rate

507.8 million kWh (2007 est.)

Electricity Production

0 kWh (2008 est.)

Electricity Consumption

0 kWh (2008 est.)

Electricity Exports

0 bbl/day (2008 est.)

Electricity Imports

3,000 bbl/day (2008 est.)

Oil Production

0 bbl/day (2007 est.)

Oil Consumption

3,294 bbl/day (2007 est.)

Oil Exports

0 bbl (1 January 2009 est.)

Oil Imports

0 cu m (2008 est.)

Oil Proved Reserves

0 cu m (2008 est.)

Natural Gas Production

0 cu m (2008 est.)

Natural Gas Consumption

0 cu m (2008 est.)

Natural Gas Exports

0 cu m (1 January 2009 est.)

Natural Gas Imports

Natural Gas Proved Reserves

$13.8 million (2008)

Current Account Balance

turtle products, manufactured habitué goods

Exports

Exports Commodities

$876.5 million (2004)

Exports Partners

foodstuffs, manufactured goods, fuels

Imports

Imports Commodities

Imports Partners

$70 million (1996)

Reserves Of Foreign Exchange and Gold

$NA

Debt - External

$NA

Radio Broadcast Stations

AM 1, FM 14, shortwave 0 (2009)

Television Broadcast Stations

4 with chat system (2004)

Internet Country Code

.ky

Airports

3 (2009)

Military Service Age and Obligation