Macro - Country Economic Forecasts - Cayman Islands

Macro - Country Economic Forecasts - Cayman Islands

We expect the solid post-Covid recovery to continue as tourists return in larger numbers to the Cayman Islands, thanks to the successful vaccination campaign and a solid healthcare system. However, surging energy costs and weaker growth in the US weigh on our outlook. We have therefore lowered our 2022 GDP growth forecast to 3% y/y from 5% seen six months ago.

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