What is the main economic activity in the Cayman Islands?

The main economic activity in the Cayman Islands is tourism, which plays a vital role in the islands' economy. The natural beauty of the Cayman Islands, with its stunning beaches, coral reefs, and clear blue waters, attracts millions of visitors each year. These tourists contribute significantly to the local economy through expenditures on accommodation, dining, recreational activities, and retail, providing jobs and boosting various sectors.

Furthermore, the government has invested in amenities and infrastructure to support tourism, fostering a reputation as a premier vacation destination. This focus on tourism aligns with the Cayman Islands' strategic decision to capitalize on its geographical advantages and develop an economy less reliant on traditional industries such as agriculture or manufacturing, which are more limited in these islands due to factors like land availability and geographical conditions.