food and
consumer goods must be imported. The Caymanians enjoy one of the
highest outputs per capita and one of the highest standards of living
in the world.
National product: GDP - purchasing power parity - $700 million (1993
est.)
National product real growth rate: 1.4% (1991)
National product per capita: $23,000 (1993 est.)
Inflation rate (consumer prices): 2.5% (1993 est.)
Unemployment rate: 7% (1992)
Budget:
revenues: $141.5 million
expenditures: $160.7 million, including capital expenditures of $NA
(1991)
Exports: $10 million (f.o.b., 1993 est.)
commodities: turtle products, manufactured consumer goods
partners: mostly US
Imports: $312 million (c.i.f., 1993 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: 80,000 kW
production: 230 million kWh
consumption per capita: 6,899 kWh (1993)
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 narcotics bound for the US and Europe
Economic aid:
recipient: US commitments, including Ex-Im (FY70-89), $26.7 million;
Western (non-US) countries, ODA and OOF bilateral commitments
(1970-89), $35 million
Currency: 1 Caymanian dollar (CI$) = 100 cents
Exchange rates: Caymanian dollars (CI$) per US$1 - 0.83 (18 November
1993), 0.85 (22 November 1993)
Fiscal year: 1 April - 31 March
@Cayman Islands:Transportation
Railroads: 0 km
Highways:
total: 160 km (main roads)
paved: NA
unpaved: NA
Ports: Cayman Brac, George Town
Merchant marine:
total: 26 ships (1,000 GRT or over) totaling 321,434 GRT/583,348 DWT
ships by type: bulk 7, cargo 6, chemical tanker 2, container 1, oil
tanker 3, roll-on/roll-off cargo 7
note: a flag of convenience registry; UK owns 6 ships, India 5, Norway
3, US 3, Greece 1, Sweden 1, UAE 1
Airports:
total: 3
with paved runways 1,524 to 2,437 m: 2
with unpaved runways 914 to 1,523 m: 1
@Cayman Islands:Communications
Telephone system: 35,000 telephones
local: NA
intercity: NA
international: 1 submarine coaxial cable; 1 INTELSAT (Atlantic Ocean)
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