Cayman Islands

Agriculture

Tropical production. Except turtle rearing, industry and agriculture only satisfies the internal demand.


Exportations

Main goods: turtle byproducts, manufactured consumer goods.


IVH

In the early 1990s, the Dominican workforce was 2.7 million workers, with 46% of farmers and peasants, 15% as blue-collar laborers and 39% of white-collar employees. Daily calorie intake: 2,310


Importations

The main exports are green turtle shells, lobsters, fish and ornamental fish.The number of tourists increased (18%) in 1994.Tourism represents more than 20 % of the GDP.


Industry

Tourism and the presence of banks from all over the world are the bases of their economy. Fishing, shipyards, turtle rearing and agriculture are locally important. Energy consumption: 4.491 kg equivalent coal per capita annually, 100% imported (1990).


PIB

In 1993, the total GDP was $8.8 billion for a per-capita ratio of $1,080.


Fishing

People from these islands are famous shipowners and sailors. One of the most important sources of incomes are the remittances sent from abroad by sailors. The fishing field suffered a serious backward step in this decade, which has not overcome yet. The rearing of turtles has been developed so as to substitute the traditional fishing of these animals.


Main Branches

Tourism and fishing. Meteorological observatory. Cayman Islands are not rich in natural resources besides its beaches and the sea, that make them a very valuable place for tourists.


Transport

Communications and transports.Railroad tracks: 0 km Roads Total: 406 km Paving: 304 km No paving roads: 102 km Ports: Cayman Brac; George Town Merchant fleet: 45 crafts (1997) Airports: 3 (1997) Telephones: 21.584 (1993) TV sets: 6.000 (1992) Radios: 28.200 (1992)


Commercial Treaties

The Dominican Republic’s integrating process to the regional economy took two major steps as the country joined the Caricom as an observer back in 1984 and when the nation was accepted as a full member of the APEC bloc in 1989.