October 27, 2021

Opening speech and programme of CARICOM Statistics Conference held in Cayman Islands

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Caribbean statisticians began deliberations yesterday morning (Monday, 23 October 2017) following the formal opening of their week-long conference at the Grand Cayman Marriott Beach Resort. The attendees, representing regional countries as well as international organisations, are being hosted by the Economics and Statistics Office for the first time in the Cayman Islands. Sessions include the […]

Christmas and New Year Message

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by Minister for Finance and Economic Development, Hon. Marco Archer Hello, I am Marco Archer, Minister for Finance and Economic Development. I would like to wish you and your family a very Merry Christmas and a healthy and prosperous New Year. Please take the time to enjoy the company of your family and friends. And […]

Cayman Islands economy grew by 3.0% in the first half of 2016

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The Cayman Islands’ economy grew by an estimated 3.0% in the first six months of 2016, as the first quarter growth of 2.4% further strengthened to 3.2% in the second quarter. “I am pleased to note that growth in the first half of 2016 improved on the 1.3% growth for the same period in 2015,” […]

Cayman Islands Finance Minister’s speech to Professional Development Week

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Navigating the Future: Challenges Ahead By Honourable Marco Archer Minister for Finance and Economic Development 24 November 2016 Introduction Good Morning Ladies and Gentlemen, it is indeed my pleasure to have been invited to speak this morning, Day 2 of Professional Development Week 2016. This week of activities presents a unique opportunity for those of […]

The Editor Speaks: Stats show improvements but backbench MLA’s doubt

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When there is an election on the horizon and the government of the day, hoping to be re-elected, produce good news, you are not to give them any congratulations. In fact you are going to cast as much doubt as you can without providing any concrete facts to back up your doubts and that is […]

ESO reports show improvements in Cayman Islands cost of living, employment and imports

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The Economics and Statistics Office (ESO) has just published three important reports highlighting the current state of the Cayman Islands economy: The Cayman Islands’ Consumer Price Index Report: June 2016 The Cayman Islands’ Labour Force Survey Report: Spring 2016 The Cayman Islands’ Quarterly Trade Statistics Bulletin: April to June 2016 These reports provide critical information […]

iNews Briefs & Community Events

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Cayman Islands neighbourhood policing department reminds public to secure vehicles From RCIPS The RCIPS Neighbourhood Policing Department (NPD) would like to remind the public to lock and secure its vehicles, even when leaving the car for only brief periods. Since the beginning of August the RCIPS has noted a number of opportunistic thefts from cars, […]

Economic growth strengthened in the Cayman Islands first quarter

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Economic activity in the Cayman Islands as measured by the gross domestic product (GDP) is estimated to have grown by 2.4% in the first quarter of 2016. “The domestic economy continued to strengthen as GDP growth accelerated from the 1.4% recorded in the first quarter of 2015,” stated Hon. Marco Archer, Minister for Finance and […]

Consumption Expenditure by Households in Cayman Islands reached $1.7 Billion in 2015

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The overall household consumption expenditure in the Cayman Islands in 2015 is estimated at $1,697.07 million. This is revealed in the Household Budget Survey (HBS) 2015 Report released today by the Economics and Statistics Office. The survey covered all 12 months of 2015 and generated a response rate of 83% among 1,216 sample households in […]

Cayman Islands economy sustained growth in 2015

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The country’s estimated Gross Domestic Product (GDP) at constant prices rose by 2.0 percent in 2015. This was the highlight of The Cayman Islands’ Annual Economic Report 2015 released by the Economics and Statistics Office. “Despite challenges from the global economy, I am pleased that the combined performance of all our productive sectors achieved a […]