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Home > Destinations > Cayman Islands > General Information

Cayman Islands - General Information

Capital: George Town

Climate: tropical marine; warm, rainy summers (May to October) and cool, relatively dry winters (November to April).

Yahoo weather forecast for Cayman Islands.

Currency: Cayman dollar. Need exchange rates? Try our currency converter.

Economy: 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. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world.

Electricity: 110 volt/60 cycle AC, suitable for North American appliances.

Official Language: English.

Political Status: Overseas territory of the United Kingdom. overseas territory of the UK. British crown colony.

Population: Approximately 34,763 (July 2000 est.).

Time: Eastern Standard Time (EST), 5 hours behind GMT for the whole year.

 
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