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IDD Code: 011
Country Code: 1-345
ISO: KY
ISO3: CYM
Time Time
Sunday, December 22, 2024 Capital: George Town
Time Zone Time Zone
UTC-05:00
Time Difference Time Difference
George Town, Cayman Islands is ()
Daylight Savings Time Daylight Savings Time
Cayman Islands does not follow DST
Weather Weather
Country NameCayman Islands
ContinentNorth America
Lat/Long19.51346900, -80.56695600
BackgroundThe 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. The territory has transformed itself into a significant offshore financial center.
Population57,268
LanguagesEnglish (official) 90.9%, Spanish 4%, Filipino 3.3%, other 1.7%, unspecified 0.1% (2010 est.)
ReligionsProtestant 67.8% (includes Church of God 22.6%, Seventh Day Adventist 9.4%, Presbyterian/United Church 8.6%, Baptist 8.3%, Pentecostal 7.1%, non-denominational 5.3%, Anglican 4.1%, Wesleyan Holiness 2.4%), Roman Catholic 14.1%, Jehovah's Witness 1.1%, other 7%, none 9.3%, unspecified 0.7% (2010 est.)
Ethnic GroupsMixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20%
EconomyWith no direct taxation, the islands are a thriving offshore financial center. More than 93,000 companies were registered in the Cayman Islands as of 2008, including almost 300 banks, 800 insurers, and 10,000 mutual funds. A stock exchange was opened in 1997. Nearly 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy a standard of living comparable to that of Switzerland.

Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1.9 million in 2008, with about half from the US.
GDP$2.25 billion (2008 est.)
CurrencyDollar
Internet TLD.ky
Internet Users43,000
Land Lines33,534
Mobile Phones93,000
Broadcast Media4 TV stations; cable and satellite subscription services offer a variety of international programming; government-owned Radio Cayman operates 2 networks broadcasting on 5 stations; 10 privately owned radio stations operate alongside Radio Cayman (2007)