party NA; seats - (15 total, 12 elected)
Judicial branch:
Grand Court, Cayman Islands Court of Appeal
Political parties and leaders:
no formal political parties
Member of:
CARICOM (observer), CDB, INTERPOL (subbureau), IOC
Diplomatic representation in US:
none (dependent territory of the UK)
US diplomatic representation:
none (dependent territory of the UK)
Flag:
blue, with the flag of the UK in the upper hoist-side quadrant and the
Caymanian coat of arms on a white disk centered on the outer half of
the flag; the coat of arms includes a pineapple and turtle above a
shield with three stars (representing the three islands) and a scroll
at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS

@Cayman Islands, Economy

Overview:
The economy depends heavily on tourism (70% of GDP and 75% of foreign
currency earnings) and offshore financial services, with the tourist
industry aimed at the luxury market and catering mainly to visitors
from North America. About 90% of the islands' food and consumer goods
needs must be imported. The Caymanians enjoy one of the highest
standards of living in the region.
National product:
GDP - exchange rate conversion - $670 million (1991 est.)
National product real growth rate:
4.4% (1991)
National product per capita:
$23,000 (1991 est.)
Inflation rate (consumer prices):
1.5% (1992 est.)
Unemployment rate:
7% (1992)
Budget:
revenues:
$141.5 million
expenditures:
$160.7 million, including capital expenditures of $NA (1991)
Exports:
$2.6 million (f.o.b., 1991 est.)
commodities:
turtle products, manufactured consumer goods
partners:
mostly US
Imports:
$262.2 million (c.i.f., 1991 est.)
commodities:
foodstuffs, manufactured goods
partners:
US, Trinidad and Tobago, UK, Netherlands Antilles, Japan
External debt:
$15 million (1986)
Industrial production:
growth rate NA%
Electricity:
capacity:
74,000 kW
production:
256 million kWh
consumption per capita:
8,780 kWh (1992)
Industries:
tourism, banking, insurance and finance, construction, building
materials, furniture making
Agriculture:
minor production of vegetables, fruit, livestock; turtle farming
Illicit drugs:
a major money-laundering center for illicit drug profits;
transshipment point for cocaine and marijuana bound for the US and
Europe
Economic aid:
recipient:
US commitments, including Ex-Im (FY70-89), $26.7 million