Unemployment rates: modeled vs. national estimates in Cayman Islands
Cayman Islands: Unemployment rates: modeled vs. national estimates was 4.2% in 2015. ▼ Falling
Unemployment rates: modeled vs. national estimates in Cayman Islands, 1991–2015
Source: Labour Force Statistics, via World Bank (2026) – processed by Our World in Data. Measured in %.
Analysis
Cayman Islands recorded 4.2% for unemployment rates: modeled vs. national estimates in 2015.
Compared with earlier readings it is down 10.6% on the previous year and up 18.5% over ten years.
Over the whole period, unemployment rates: modeled vs. national estimates in Cayman Islands peaked at 7.5% in 2001 and was at its lowest, 2.6%, in 2006.
Cayman Islands ranks 120th of 185 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Unemployment rates: modeled vs. national estimates in Cayman Islands, year by year
| Year | % | Change |
|---|---|---|
| 1991 | 5.9% | — |
| 1993 | 7.2% | +22.2% |
| 1994 | 5.7% | -20.5% |
| 1995 | 4.9% | -13.9% |
| 1996 | 5.1% | +3.1% |
| 1997 | 4.1% | -18.8% |
| 1998 | 4.2% | +0.8% |
| 1999 | 5.2% | +24.1% |
| 2001 | 7.5% | +45.6% |
| 2002 | 5.4% | -28.9% |
| 2003 | 3.6% | -32.8% |
| 2004 | 3.4% | -4.4% |
| 2005 | 3.5% | +2.8% |
| 2006 | 2.6% | -26.0% |
| 2007 | 3.8% | +45.8% |
| 2008 | 4.0% | +3.9% |
| 2009 | 6.0% | +52.0% |
| 2010 | 6.7% | +10.6% |
| 2011 | 6.8% | +1.5% |
| 2012 | 6.2% | -8.4% |
| 2013 | 6.3% | +1.0% |
| 2014 | 4.7% | -25.1% |
| 2015 | 4.2% | -10.6% |
Cayman Islands compared with similar countries
- Cayman Islands's 4.2% is below the median for high income countries, which is 4.9%, 85% of the median. (77 countries reporting)
- Cayman Islands's 4.2% is below the median for Latin America & Caribbean, which is 6.3%, 66% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.3% | 4.1% | 7.2% | 8 |
| 2000s | 4.4% | 2.6% | 7.5% | 9 |
| 2010s | 5.8% | 4.2% | 6.8% | 6 |
Countries ranked near Cayman Islands
- 117 Peru 4.3% compare
- 118 Sri Lanka 4.3% compare
- 119 United States 4.3% compare
- 121 Australia 4.2% compare
- 122 Faroe Islands 4.0% compare
- 123 Trinidad and Tobago 4.0% compare
More reference data data for Cayman Islands
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 0 (2019)
- Official exchange rate, LCU per USD, period average 0.8333 (2026)
- Global number of reported disasters by size, gaps filled 0 events (2008)
- Annual precipitation, annual growth rate -53.13 % change on previous year (2025)
- Consumer price index 102.94 2010 = 100 (2016)
- Share of men expected to survive to the age of 65 83.2% (2024)
Frequently asked questions
- What is unemployment rates: modeled vs. national estimates in Cayman Islands?
- Unemployment rates: modeled vs. national estimates in Cayman Islands was 4.2% in 2015, according to Labour Force Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest unemployment rates: modeled vs. national estimates recorded in Cayman Islands?
- The highest recorded value was 7.5% in 2001.
- What is the lowest unemployment rates: modeled vs. national estimates recorded in Cayman Islands?
- The lowest recorded value was 2.6% in 2006.
- How does Cayman Islands rank for unemployment rates: modeled vs. national estimates?
- Cayman Islands ranks 120th out of 185 countries with data for 2015.
- Is unemployment rates: modeled vs. national estimates rising or falling in Cayman Islands?
- Over the last ten years it is up 18.5%. The long-run trend across the full record is falling.
- Where does this Cayman Islands data come from?
- The figures come from Labour Force Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Unemployment rates: modeled vs. national estimates. Statizoid updates them automatically from the source API.
Download this data
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About this data
Share of the labor force without work, but actively looking for a job and available to start soon. Figures refer to national estimates and may not be fully comparable across countries.