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%, down from 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, the largest contributor to Cayman Islands gross domestic product, grew by an estimated 2.1%, supported by insurance activity and gains across the broader financial services sector. Business activities and administrative services expanded by 3.5%, while health and social services grew by 4.2%. 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 estimated 2.4% growth and KYD 317.3 million surplus for first quarter of 2026
The Cayman Islands Ministry of Finance and Economic Development’s first quarter 2026 report estimates economic growth at 2.4%, compared with 2.9% a year earlier. Hotels and restaurants expanded by 10.2%, while finance and insurance grew by 2.1%. The central government posted a KYD 317.3 million surplus, with revenue of KYD 624.9 million exceeding expenditure of KYD 307.6 million.