What is the approximate GDP per capita of the Cayman Islands?

The approximate GDP per capita of the Cayman Islands is around $43,800. This figure reflects the high standard of living and robust financial services sector in the region, which heavily contributes to the economy. The Cayman Islands is known for being a global financial hub, primarily due to its tax-neutral status that attracts numerous international businesses and investors. The economy is also supported by tourism, which plays a significant role in generating income and employment for the population. Because of these factors, the GDP per capita tends to be higher compared to many other small island nations and territories. The economic data and reports generally support the figure attributed to option B as being the most accurate and reflective of the current economic conditions in the Cayman Islands.