Economy
Overview: The economy depends heavily
on tourism (70% of GDP and 75% of
export earnings) and offshore financial
services, with the tourist industry aimed at
the luxury market and catering mainly to
visitors from North America. About 90%
of the islands' food and consumer goods
needs must be imported. The Caymanians
enjoy one of the highest standards of living
in the region.
GDP: $238 million, per capita $10,000 (1989 est.); real growth rate 12% (1987 est.)
Inflation rate (consumer prices): 2.4% (1986)
Unemployment rate: NA%
Budget: revenues $46.2 million; expenditures $47.0 million, including capital expenditures of $9.1 million (1986)
Exports: $2.2 million (f.o.b., 1986 est.); commodities—turtle products, manufactured consumer goods; partners—mostly US
Imports: $134 million (c.i.f., 1986 est.); commodities—foodstuffs, manufactured goods; partners—US, Trinidad and Tobago, UK, Netherlands Antilles, Japan
External debt: $15 million (1986)
Industrial production: growth rate NA%
Electricity: 59,000 kW capacity; 213 million kWh produced, 8,960 kWh per capita (1989)
Industries: tourism, banking, insurance and finance, real estate and construction
Agriculture: minor production of vegetables, fruit, livestock; turtle farming
Aid: US commitments, including Ex-Im (FY70-87), $26.7 million; Western (non-US) countries, ODA and OOF bilateral commitments (1970-87), $32.2 million
Currency: Caymanian dollar (plural—dollars); 1 Caymanian dollar (CI$) = 100 cents
Exchange rates: Caymanian dollars (CI$) per US$1—0.835 (fixed rate)
Fiscal year: 1 April-31 March
Communications
Highways: 160 km of main roads
Ports: George Town, Cayman Brae
Merchant marine: 32 ships (1,000 GRT or over) totaling 355,055 GRT/576,622 DWT; includes 1 passenger-cargo, 8 cargo, 8 roll-on/roll-off cargo, 4 petroleum, oils, and lubricants (POL) tanker, 1 chemical tanker, 1 specialized tanker, 1 liquefied gas carrier, 8 bulk; note—a flag of convenience registry
Airports: 3 total; 3 usable; 2 with permanent-surface runways; none with runways over 2,439 m; 2 with runways 1,220-2,439 m
Telecommunications: 35,000 telephones; telephone system uses 1 submarine coaxial cable and 1 Atlantic Ocean INTELSAT earth station to link islands and access international services; stations—2 AM, 1 FM, no TV
Defense Forces
Note: defense is the responsibility of the
UK
Central African Republic
_Central_African_Republic.jpg)
See regional map VII
Geography
Total area: 622,980 km²; land area:
622,980 km²
Comparative area: slightly smaller than Texas
Land boundaries: 5,203 km total; Cameroon 797 km, Chad 1,197 km, Congo 467 km, Sudan 1,165 km, Zaire 1,577 km
Coastline: none—landlocked
Maritime claims: none—landlocked
Climate: tropical; hot, dry winters; mild to hot, wet summers
Terrain: vast, flat to rolling, monotonous plateau; scattered hills in northeast and southwest
Natural resources: diamonds, uranium, timber, gold, oil
Land use: 3% arable land; NEGL% permanent crops; 5% meadows and pastures; 64% forest and woodland; 28% other
Environment: hot, dry, dusty harmattan winds affect northern areas; poaching has diminished reputation as one of last great wildlife refuges; desertification
Note: landlocked; almost the precise center of Africa
People
Population: 2,877,365 (July 1990), growth
rate 2.6% (1990)
Birth rate: 44 births/1,000 population (1990)
Death rate: 18 deaths/1,000 population (1990)
Net migration rate: 0 migrants/1,000 population (1990)
Infant mortality rate: 141 deaths/1,000 live births (1990)
Life expectancy at birth: 45 years male, 48 years female (1990)
Total fertility rate: 5.6 children born/woman (1990)
Nationality: noun—Central African(s); adjective—Central African
