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The Cayman Islands were colonized from Jamaica by the British during the 18th and 19th centuries and were administered by Jamaica after 1863. In 1959, the islands became a territory within the Federation of the West Indies. When the Federation dissolved in 1962, the Cayman Islands chose to remain a British dependency.
Church of God 26%, United Church 11.8% (Presbyterian and Congregational), Roman Catholic 11%, Baptist 8.7%, Seventh Day Adventist 8.2%, Anglican 5.7%, Pentecostal 5.3%, other Christian 2.7%, non-denominational 5.8%, other 3.8%, none 9.8%, unspecified 1.1% (1999 census)
chief of state: Queen ELIZABETH II (since 6 February 1952); represented by Governor Duncan TAYLOR (since 15 January 2010)
head of government:
Premier McKeeva BUSH (since 6 November 2009)
cabinet:
The Cabinet (six members are appointed by the governor on the advice of the premier, selected from among the elected members of the Legislative Assembly)
elections:
the monarchy is hereditary; the governor appointed by the monarch; following legislative elections, the leader of the majority party or coalition appointed by the governor as premier
a blue field, with the flag of the UK in the upper hoist-side quadrant and the Caymanian coat of arms centered on the outer half of the flag; the coat of arms includes a crest with a pineapple, representing the connection with Jamaica, and a turtle, representing Cayman's seafaring tradition, above a shield bearing a golden lion, symbolizing Great Britain, below which are three green stars (representing the three islands) surmounting white and blue wavy lines representing the sea and a scroll at the bottom bearing the motto HE HATH FOUNDED IT UPON THE SEAS
With no direct taxation, the islands are a thriving offshore financial center. More than 93,000 companies were registered in the Cayman Islands as of 2008, including almost 300 banks, 800 insurers, and 10,000 mutual funds. A stock exchange was opened in 1997. Tourism is also a mainstay, accounting for about 70% of GDP and 75% of foreign currency earnings. The tourist industry is aimed at the luxury market and caters mainly to visitors from North America. Total tourist arrivals exceeded 1.9 million in 2008, with about half from the US. About 90% of the islands' food and consumer goods must be imported. The Caymanians enjoy one of the highest outputs per capita and one of the highest standards of living in the world.
domestic:
liberalization of telecom market in 2003; introduction of competition in the mobile-cellular market in 2004
international:
country code - 1-345; landing points for the MAYA-1, Eastern Caribbean Fiber System (ECFS), and the Cayman-Jamaica Fiber System submarine cables that provide links to the US and parts of Central and South America; satellite earth station - 1 Intelsat (Atlantic Ocean) (2007)
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