Dependency status: overseas territory of the UK
Location: Caribbean, island group in Caribbean Sea, nearly one-half of the way from Cuba to Honduras
Population: 44,270
Total Area: 262 sq km - 1.5 times the size of Washington, DC
Climate: tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April)
Natural resources: fish, climate and beaches that foster tourism
Environment - current issues: no natural fresh water resources; drinking water supplies must be met by rainwater catchments
Environment - international agreements: NA
National holiday: Constitution Day, first Monday in July
Economy - brief 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 1998, including almost 600 banks and trust companies; banking assets exceed $500 billion.
Labor force: 19,820
Labor force - by occupation: agriculture 1.4%, industry 12.6%, services 86% (1995)
Agriculture - products: vegetables, fruit; livestock, turtle farming
Oil - production: 0 bbl/day (2001 est.)
Oil - imports: NA
Oil - exports: NA
Exports: $1.2 million
Imports: $457.4 million
Imports - commodities: foodstuffs, manufactured goods
Imports - partners: US, Trinidad and Tobago, UK, Netherlands Antilles, Japan
Government departments: Cayman Isalnds Government
Media: Cayman Net News Online
Travel Information: Lonely Planet
Other useful links:
Law Library of Congress legal information
Cayman Turtle Farm
Cayman Islands Chamber of Commerce
Cayman Islands Offshore Financial Services Directory
News headlines
New Cayman Islands reinsurer formed Insurance NewsLink 17:38
Cayman searches for level playing field Cayman Net News 14:22 18-Nov-05
New Website Showcases the Best of the Cayman Islands PRWeb (Press Release) 08:04 18-Nov-05
Cayman’s image under attack? Cayman Net News 22:25 17-Nov-05
Hedge fund forming Cayman-based reinsurer Business Insurance 22:10 16-Nov-05
Cayman’s Remembrance Day Celebration Cayman Net News 15:12 11-Nov-05
Monday, November 21, 2005
Country Focus: Cayman Islands
Labels:
Banking,
Britain,
Caribbean,
Country Focus,
Cuba,
Environment,
Honduras,
Japan,
Netherlands,
Oil,
Tourism