Cayman Islands
On this page you will find beneficial information regarding foreign direct investment in / trading with Cayman Islands. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Parliamentary Democracy
Population: 68,136 (2021)
GDP: 5.898 billion USD (2021)
Corporate Tax Rate: 15%
Personal Income Tax Rate: 15%
Major Exports: Recreational Boats ($2.01B), Planes, Helicopters, and/or Spacecraft ($248M), Passenger and Cargo Ships ($78.7M), Refined Petroleum ($38.9M), and Petroleum Gas ($15.6M), exporting mostly to Netherlands ($1.93B), Cyprus ($180M), India ($85.2M), Japan ($46.9M), and Grenada ($38M).
Major Imports: Recreational Boats ($4.73B), Refined Petroleum ($254M), Passenger and Cargo Ships ($97.1M), Cars ($84M), and Planes, Helicopters, and/or Spacecraft ($43.8M), importing mostly from Netherlands ($3.32B), United States ($904M), Italy ($562M), Germany ($416M), and Seychelles ($300M).
National Chamber of Commerce: Cayman Islands Chamber of Commerce
Website: https://www.caymanchamber.ky/
Customs Agency: Customs and Border Control (CBC)
Website: https://cbc.gov.ky/index.php
