(31 December 2015 est.) In the news. -$492.6 million 0.82 Economic overview. GDP - composition, by sector of origin: Address by Finance Minister Roy McTaggart at the 2020 Economic Forum on the State of Government Finances, 14 August; Unaudited Quarterly Financial Report, Jan-June 2020; OAG Public Interest Report: Overview of the Government's costs in relation to Covid-19, July 2020; Cayman Islands Economic Assessment and Stimulus Plan, May 2020 0.82 February 2020, as well as new private funds launched between 7 February 2020 and 6 August 2020, have until 7 August 2020 to register with the Cayman Islands Monetary Authority (CIMA). Found inside – Page 2635 Practice Tests + Complete Content Review + Proven Prep for the NEW 2020 Exam The ... These colonies include Anguilla, Cayman Islands, Turks and Caicos, ... The value of building permits in Grand Cayman increased by 88.1% to $555.6 million, mainly due to commercial projects. (2013 est. (2016 est. Stock of direct foreign investment - at home: $183.5 million [see also: Market value of publicly traded shares country ranks ] services: 79% [see also: Budget surplus (+) or deficit (-) country ranks ] 2) The rank that you see is the CIA reported rank, which may have the following issues: "The Data Protection Law, 2017 ((Law 33 OF 2017)," Pages 10-17. )country comparison to the world (CIA rank, may be based on non-current data): Stock of direct foreign investment - at home: Stock of direct foreign investment - abroad: Current account balance: Current account balance: )country comparison to the world (CIA rank, may be based on non-current data): Stock of direct foreign investment - abroad: Posted at 22:53 18 Feb 2020 22:53 18 Feb 2020 EU puts Cayman Islands on tax haven blacklist It is the first UK overseas territory to be named and shamed by the EU for not cracking down on tax abuse. )country comparison to the world (CIA rank, may be based on non-current data): (2014 est.) (2017 est.) Current account balance: -$492.6 million (2016 est. 0.82 Household income or consumption by percentage share: (2017 est.) )country comparison to the world (CIA rank, may be based on non-current data): NA 14.9% $47.6 million $188.4 million [see also: Current account balance country ranks ] (31 December 2006)country comparison to the world (CIA rank, may be based on non-current data): $188.4 million Agriculture - products: vegetables, fruit; livestock; turtle farming 0.82 [see also: Imports country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): (2016 est. $334.3 million Companies formed or registered in the Cayman Islands have been subject to economic substance requirements from 1 January 2019 pursuant to the International Tax Co-operation (Economic Substance) Act, as amended (ES Law) in respect of certain geographically mobile types of business (Relevant Activities). 0.82 (2017 est.) (2013 est.) (2013 est. 51 [see also: Market value of publicly traded shares country ranks ] 42, country comparison to the world (CIA rank, may be based on non-current data): GDP - real growth rate: 31 January 2021. Imports: [see also: Imports country ranks ] )country comparison to the world (CIA rank, may be based on non-current data): 14.9% lowest 10%: )country comparison to the world (CIA rank, may be based on non-current data): Found inside – Page 57Cayman islands, Gibraltar, Liechtenstein etc are some of the tax havens. Pigouvian Tax It is a tax, which is imposed on bodies having negative externalities ... )country comparison to the world (CIA rank, may be based on non-current data): 115 country comparison to the world (CIA rank, may be based on non-current data): $334.3 million $787.3 million 190 Unemployment rate: [see also: Labor force - by occupation - industry country ranks ] GDP - composition, by sector of origin: (31 December 2008)country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): $5.564 billion services: 79% [see also: Imports country ranks ] Taxes and other revenues: 38.9% (of GDP) $47.6 million Exchange rates: Caymanian dollars (KYD) per US dollar - (2017 est. services: 92.3% It includes a review of developments within the major sectors of the economy, fiscal operations of government, public debt, and an economic outlook. expenditures: 766.6 million (31 December 2006)country comparison to the world (CIA rank, may be based on non-current data): Stock of direct foreign investment - at home: Exports: (2017 est.) [see also: GDP - composition, by sector of origin - industry country ranks ] Found inside – Page 245(concluded) FDI inward stock 2010 FDI outward stock 2010 Region/economy 2000 2019 ... the Bahamas, Barbados, the British Virgin Islands, the Cayman Islands, ... Cayman Economic Outlook 2020Address from the Premier of the Cayman Islands, Hon. (2017 est.) Household income or consumption by percentage share: Current account balance: )country comparison to the world (CIA rank, may be based on non-current data): )country comparison to the world (CIA rank, may be based on non-current data): (31 December 2015 est.) -$493.5 million [see also: Stock of direct foreign investment - abroad country ranks ] NA Exchange rates: Caymanian dollars (KYD) per US dollar - [see also: Household income or consumption by percentage share - highest 10% country ranks ] 0.82 Commercial bank prime lending rate: NOTE: The information regarding Cayman Islands on this page is re-published from the 2020 World Fact Book of the United States Central Intelligence Agency and other sources. [see also: Taxes and other revenues country ranks ] [see also: Exports country ranks ] Stock of direct foreign investment - abroad: 118 (2017 est.) [see also: Stock of direct foreign investment - abroad country ranks ] Current account balance: )country comparison to the world (CIA rank, may be based on non-current data): 0.82 197 $421.9 million -$492.6 million (2016 est. NA [see also: Stock of broad money country ranks ] (2016 est.) (2017 est.) NA [see also: GDP - composition, by end use - exports of goods and services country ranks ] NA 179 NA (31 December 2006)country comparison to the world (CIA rank, may be based on non-current data): (2016 est.) [see also: Commercial bank prime lending rate country ranks ] [see also: Current account balance country ranks ] (31 December 2016 est. 190 Alternatively, travelers to the United States may provide documentation from a licensed health care provider of having recovered from COVID-19 in . (31 December 2015 est.) 51 7 (2008 est.) )country comparison to the world (CIA rank, may be based on non-current data): 0.82 services: 92.3% In April, a coalition government was elected led by Wayne Panton of the PACT (People-driven, Accountable . The Cayman Islands distinguishes between doing business within the Islands and doing business outside the Islands. (31 December 2008 est.) (2008 est.) NA The value of planning approvals, in turn, decreased by 0.8% to $883.2 million. 100 )country comparison to the world (CIA rank, may be based on non-current data): (2017 est.) Unemployment rate: 4.4% However, this figure masks that about 3,500 displaced tourism workers received a government stipend because they lost their jobs. Support local journalism. 181 (2016 est. Exports: The capital is Georgetown on Grand Cayman. Short title 1. The ES Law was enacted as a result of Cayman's collaboration with the OECD's Forum on Harmful Tax Practices and the European Union Commission Services to implement . (2014 est.) 0.82 (2013 est. 124 (2016 est.) "Cayman Islands: Review of Cayman Islands and U.S. Laws Applicable to U.S. Persons' Financial Activity in the Cayman Islands, (GAO-08-1028SP), an E-supplement to GAO-08-778, July 2008)," Page 3 . Imports: imports of goods and services: -64.2% Stock of narrow money: Fiscal year: 1 April - 31 March (2017 est.) Budget surplus (+) or deficit (-): 4.8% (of GDP) Stock of direct foreign investment - at home: Stock of broad money: (2013 est.) (2017 est. 100 (2017 est.) 0.83 163 Found inside – Page 2935.3.1 The Cayman Islands: The World's Largest Host of Hedge Funds The Cayman Islands were accurately called “small place, big money” in the first analyses ... Market value of publicly traded shares: Exports: (2014 est.) Imports: 2% (2017 est.) 2% 0.82 PwC's Global Economic Crime and Fraud Survey 2020. (2016 est. 0.82 NA (31 December 2008 est.) -0.6% Found inside – Page 7Cayman Islands : The three islands that make up this British dependency comprise about ... The economy depends heavily on remittances from Caymanian seaman ... [see also: Taxes and other revenues country ranks ] Population below poverty line: NA 190 Imports: NA Taxes and other revenues: 38.9% (of GDP) [see also: GDP - composition, by sector of origin - industry country ranks ] (2017 est.) 98.5% of households have at least one cell phone. Phase 2 is expected to be introduced during spring 2021. 14.9% 4% Labor force - by occupation: All suggestions for corrections of any errors about Cayman Islands Economy 2020 should be addressed to the CIA or the source cited on each page. $421.9 million (2004)country comparison to the world (CIA rank, may be based on non-current data): Found inside... Lao PDR from a Land-locked to a Land-linked Economy,” June 2020, ... Anguilla, Bermuda, the British Virgin Islands, the Cayman Islands, Guam, ... Imports - commodities: foodstuffs, manufactured goods, fuels NA 0.82 Found inside... Wier and Zucman (2020), available on https://missingprofits.world. Next to the well-known small tax havens, such as the Cayman Islands, several advanced ...

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