KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to rise from 23.3% (KYD514.6mn or US$617.7mn) in 2010 to 24.5% (KYD908.9mn or US$1,091.1mn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to rise from 8,000 jobs in 2010, 26.3% of total employment or 1 in every 3.8 jobs to 10,000 jobs, 28.1% of total employment or 1 in every 3.6 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be -0.4% in 2010 and to average 3.1% per annum over the coming 10 years.

Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 22.3% of total exports (KYD274.0mn or US$328.9mn) in 2010, growing (nominal terms) to KYD486.0mn or US$583.5mn (25.6% of total) in 2020.

Investment
Travel & Tourism investment is estimated at KYD274.0mn, US$328.9mn or 47.4% of total investment in 2010. By 2020, this should reach KYD372.3mn, US$446.90mn or 47.8% of total investment.

WORLD RANKING

The Cayman Islands Travel & Tourism economy is ranked number:

• 139 in absolute size worldwide
• 24 in relative contribution to national economies
• 161 in long-term (10-year) growth

(181 countries are estimated by WTTC / OE)