Cayman Islands recorded a Government Budget surplus equal to 4.20 percent of the country’s Gross Domestic Product in 2015. Government Budget in Cayman Islands averaged -1.06 percent of GDP from 2004 until 2015, reaching an all time high of 4.20 percent of GDP in 2015 and a record low of -8.10 percent of GDP in 2009. Government Budget in Cayman Islands is reported by the Cayman Islands – The Economics & Statistics Office. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides – Cayman Islands Government Budget – actual values, historical data, forecast, chart, statistics, economic calendar and news.
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