The document summarizes key economic and tourism statistics about the Cayman Islands. It notes that the Cayman Islands economy relies heavily on tourism, with attractions like Seven Mile Beach. While the Cayman Islands imports most goods, its economy has thrived as an offshore financial center with no direct taxation, resulting in a high GDP per capita and low unemployment rate of 4.4%.

1. By: Heath Barnacascel Principle of Business Global Economy Slideshow

2. $1,000 United States dollars are equal to 833.333 Cayman Islands Dollars

3. In the Cayman Islands, Tourism counts for 70-75% of the annual GDP One of the major attractions is the world-famous SEVEN MILE BEACH on which a number of the islands and hotels and resorts are located The Cayman Islands are regarded as one of the world’s best scuba diving destinations because of its Crystal clear waters and pristine walls

4. The Cayman Islands have received about $866.9 million dollars since 2004 Some of the Imports are foodstuff and manufactured goods

5. The Cayman Islands have sent out $2.52 million dollars worth of exports since 2004 Some of the Cayman Island Exports are Turtle Products

6. Another one of the Cayman Islands Exports is Manufactured Consumer Goods

7. Since the Cayman Island have No Direct Taxation, they are a offshore thriving financial center There is No Direct Taxation The Cayman Islands have one of the highest Standards of Living in the World Their Economy is in very good shape

8. The Cayman Island’s GDP is $1.939 billion dollars since 2004 The GDP per Capita is $43,800 Cayman Island Dollars The Unemployment Rate in the Cayman Islands is 4.4%

9. A company that is used a lot by the Cayman Island Residents is Banks One Bank located in the Cayman Islands is BNP Private Bank & Trust Cayman Ltd

10. The Economy in the Cayman Islands is doing very well The unemployment Rate out of the WHOLE country is only 4.4% Many Countries look at the Cayman Islands as a place that they want to be like