Unemployment Rate in Cayman Islands increased to 5.20 percent in 2020 from 3.50 percent in 2019. source: Cayman Islands - The Economics & Statistics Office

Unemployment Rate in Cayman Islands averaged 4.72 percent from 1995 until 2020, reaching an all time high of 7.50 percent in 2001 and a record low of 2.60 percent in 2006. This page provides - Cayman Islands Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cayman Islands Unemployment Rate - values, historical data and charts - was last updated on October of 2021.

Unemployment Rate in Cayman Islands is expected to reach 5.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cayman Islands Unemployment Rate is projected to trend around 4.80 percent in 2022 and 4.70 percent in 2023, according to our econometric models.

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Cayman Islands Unemployment Rate


Cayman Islands Last Unit Reference Previous Highest Lowest
Unemployment Rate 5.20 percent Dec/20 3.50 7.50 2.60
Population 0.07 Million Dec/20 0.07 0.07 0.01
Unemployed Persons 2279.00 Dec/20 1695.00 2413.00 895.00
Employed Persons 41644.00 Dec/20 47394.00 47394.00 19370.00


Cayman Islands Unemployment Rate
In Cayman Islands, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.