Macro - Country Economic Forecasts - Cayman Islands
We expect GDP growth in the Cayman Islands to pick up to 1.6% in 2024, higher than our previous forecast of 1.1% and up from our 2023 estimate of 0.8%. On the positive side, data revisions have raised GDP levels. From 2025, we expect GDP growth to slow as structural factors such as a declining population weigh on potential growth.
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