Survey: Cayman’s Population Largest Ever

Last year the population of the Cayman Islands swelled to the largest number in its history, according to figures released in a labor survey by the government’s Economics and Statistics Office.

The population estimate of 58,238 for 2014 as reported by the statistics office eclipsed the previous high of 57,009 recorded in 2008. The population estimates are based on a survey sample size of about 1,400 island residents.

Since late 2008, population estimates in Cayman declined in the wake of the international financial crisis which, in part, led to fewer jobs and a drop in work permits held by non-Caymanian employees. Since 2010, the population had hovered around 55,000 prior to last year’s estimated increase of more than 2,500 people in the islands.

According to the statistics office, the population increase was mainly fueled by non-Caymanians – about an 8 percent increase between 2013 and 2014. There were about 1,800 more non-Caymanians living in the islands last year than in 2013.

The Caymanian population also increased, but by just 2 percent, from 32,798 in 2013 to 33,447 last year.

Four of the five districts on Grand Cayman noted a population increase during 2014. Only East End had a decrease in the number of residents.

The largest increase among the five districts was in North Side, where the population grew by nearly 43 percent between 2013 and 2014.

The number of people living in the rural district, which encompasses most of Grand Cayman’s northern coast and a large portion of the island’s central interior, grew from an estimated 1,292 in 2013 to 1,845 in 2014. North Side also had the largest household size among all the districts, averaging 3.3 people per household.

Source Cayman Compass.