The Cayman Islands Ministry of Finance and Economic Development published its economic report for the first quarter of 2026, estimating economic growth of 2.4%, compared with 2.9% in the same period of 2025. Tourism and financial services supported the expansion, while the central government recorded an overall surplus of KYD 317.3 million. Hotels and restaurants recorded the strongest growth, expanding by an estimated 10.2%. Finance and insurance services, the largest contributor to gross domestic product, grew by an estimated 2.1%, supported by insurance activity and steady gains across the broader financial services sector. Central government revenue totaled KYD 624.9 million against expenditure of KYD 307.6 million during the first three months of 2026.
Cayman Islands Ministry of Finance and Economic Development reports 2.4% economic growth and KYD 317.3 million government surplus for first quarter of 2026
The Cayman Islands Ministry of Finance and Economic Development reported estimated economic growth of 2.4% in the first quarter of 2026, down from 2.9% a year earlier. Tourism and financial services supported the expansion. The central government posted a KYD 317.3 million surplus, with revenue of KYD 624.9 million and expenditure of KYD 307.6 million.