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Falkland Islands
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Cayman IslandsThe GDP per capita in Cayman Islands is $43,800 while in Falkland Islands it is $55,400
This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The differences between the OER- and PPP-denominated GDP values for most of the wealthy industrialized countries are generally much smaller.
Source:
CIA World Factbook
The per capita consumption of electricity in Falkland Islands is 6,221kWh while in Cayman Islands it is 10,052kWh
This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
Source:
CIA World Factbook
Falkland Islands consumes 4.4352 gallons of oil per day per capita while Cayman Islands consumes 2.4024
This entry is the total oil consumed in gallons per day (gal/day) divided by the population. The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
Source:
CIA World Factbook
Cayman Islands has an unemployment rate of 4.00% while Falkland Islands has 4.10%
This entry contains the percent of the labor force that is without jobs.
Source:
CIA World Factbook
With its 54,914 people, Cayman Islands is the 203rd largest country in the world by population. It is the 204th largest country in the world by area with 264 square kilometers.
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.
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