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Cayman Islands
Background: The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries. Administered by Jamaica from 1863, they remained a British dependency after 1962 when the former became independent.
Location: Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras Geographic coordinates: 19 30 N, 80 30 W Map references: Central America and the Caribbean Area:
Area - comparative: 1.5 times the size of Washington, DC Land boundaries: 0 km Coastline: 160 km Maritime claims:
Climate: tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April) Terrain: low-lying limestone base surrounded by coral reefs Elevation extremes:
Natural resources: fish, climate and beaches that foster tourism Land use:
Irrigated land: NA sq km Natural hazards: hurricanes (July to November) Environment - current issues: no natural fresh water resources; drinking water supplies must be met by rainwater catchment Geography - note: important location between Cuba and Central America
Population: 34,763 (July 2000 est.) Age structure:
Population growth rate: 2.22% (2000 est.) Birth rate: 14.21 births/1,000 population (2000 est.) Death rate: 5.09 deaths/1,000 population (2000 est.) Net migration rate:
13.12 migrant(s)/1,000 population (2000 est.)
Sex ratio:
Infant mortality rate: 10.44 deaths/1,000 live births (2000 est.) Life expectancy at birth:
Total fertility rate: 2.05 children born/woman (2000 est.) Nationality:
Ethnic groups: mixed 40%, white 20%, black 20%, expatriates of various ethnic groups 20% Religions: United Church (Presbyterian and Congregational), Anglican, Baptist, Roman Catholic, Church of God, other Protestant Languages: English Literacy:
Country name:
Data code: CJ Dependency status: overseas territory of the UK Government type: British crown colony Capital: George Town Administrative divisions: 8 districts; Creek, Eastern, Midland, South Town, Spot Bay, Stake Bay, West End, Western Independence: none (overseas territory of the UK) National holiday: Constitution Day (first Monday in July) Constitution: 1959, revised 1972 and 1992 Legal system: British common law and local statutes Suffrage: 18 years of age; universal Executive branch:
Legislative branch:
unicameral Legislative Assembly (18 seats, three official members and 15 elected by popular vote; members serve four-year terms)
Judicial branch: Summary Court; Grand Court; Cayman Islands Court of Appeal Political parties and leaders:
no formal political parties
International organization participation: Caricom (observer), CDB, Interpol (subbureau), IOC Diplomatic representation in the US: none (overseas territory of the UK) Diplomatic representation from the US: none (overseas territory of the UK) Flag description: 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
Economy - overview: With no direct taxation, the islands are a thriving offshore financial center. More than 40,000 companies were registered in the Cayman Islands as of 1997, including almost 600 banks and trust companies; banking assets exceed $500 billion. A stock exchange was opened in 1997. 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 1.2 million visitors in 1997. About 90% of the islands' 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. GDP: purchasing power parity - $930 million (1997 est.) GDP - real growth rate: 5% (1997 est.) GDP - per capita: purchasing power parity - $24,500 (1997 est.) GDP - composition by sector:
Population below poverty line: NA% Household income or consumption by percentage share:
Inflation rate (consumer prices): 3% (1998) Labor force: 19,820 (1995) Labor force - by occupation: agriculture 1.4%, industry 12.6%, services 86% (1995) Unemployment rate: 5.1% (1996) Budget:
Industries: tourism, banking, insurance and finance, construction, construction materials, furniture Industrial production growth rate: NA% Electricity - production: 290 million kWh (1998) Electricity - production by source:
Electricity - consumption: 270 million kWh (1998) Electricity - exports: 0 kWh (1998) Electricity - imports: 0 kWh (1998) Agriculture - products: vegetables, fruit; livestock, turtle farming Exports: $2.17 million (1997) Exports - commodities: turtle products, manufactured consumer goods Exports - partners: mostly US Imports: $432 million (1997) Imports - commodities: foodstuffs, manufactured goods Imports - partners: US, Trinidad and Tobago, UK, Netherlands Antilles, Japan Debt - external: $70 million (1996) Economic aid - recipient: $NA Currency: 1 Caymanian dollar (CI$) = 100 cents Exchange rates: Caymanian dollars (CI$) per US$1 - 0.83 (3 November 1995), 0.85 (22 November 1993) Fiscal year: 1 April - 31 March
Telephones - main lines in use: 19,000 (1995) Telephones - mobile cellular: 2,534 (1995) Telephone system:
Radio broadcast stations: AM 1, FM 5, shortwave 0 (1998) Radios: 36,000 (1997) Television broadcast stations: NA Televisions: 7,000 (1997) Internet Service Providers (ISPs): 1 (1999)
Railways: 0 km Highways:
Ports and harbors: Cayman Brac, George Town Merchant marine:
Airports: 3 (1999 est.) Airports - with paved runways:
Airports - with unpaved runways:
Military branches: Royal Cayman Islands Police Force (RCIPF) Military - note: defense is the responsibility of the UK
Disputes - international: none Illicit drugs: vulnerable to drug money laundering and drug transshipment |