Topic: Cayman Islands Gross Domestic Product
Economy contracted by 6.7% in 2020
Cayman’s economy contracted by an estimated 6.7% in the wake of the COVID-related lockdown measures last year.
Economic share of financial services continues to shrink
The Cayman Islands economy grew faster than expected before the COVID-19 pandemic hit last year.
Cayman economic growth balanced by higher prices
Buoyed by growth in tourism and construction and an unprecedented number of new company registrations, the Cayman Islands Gross Domestic Product grew by 4 percent in the early part of 2018.
