Caribbean Small States vs Cayman Islands: GDP per capita, PPP
GDP per capita, PPP over time
- Caribbean Small States
- Cayman Islands
How they compare
Cayman Islands currently reports 80,997 constant 2021 international $ against 36,714 constant 2021 international $ in Caribbean Small States, a difference of 44,283 constant 2021 international $.
That makes Cayman Islands's figure about 2.2 times Caribbean Small States's.
Across all 19 years both countries report, Cayman Islands has been ahead every year.
Caribbean Small States ranks 9th and Cayman Islands ranks 10th of 47 groups.
Cayman Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Caribbean Small States | Cayman Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 23,670 constant 2021 international $ | 88,642 constant 2021 international $ | 64,972 constant 2021 international $ | Cayman Islands |
| 2010s | 24,498 constant 2021 international $ | 74,687 constant 2021 international $ | 50,190 constant 2021 international $ | Cayman Islands |
| 2020s | 27,263 constant 2021 international $ | 76,731 constant 2021 international $ | 49,469 constant 2021 international $ | Cayman Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, ppp, Caribbean Small States or Cayman Islands?
- Cayman Islands, at 80,997 constant 2021 international $ against 36,714 constant 2021 international $ in Caribbean Small States as of 2024.
- What is the difference in gdp per capita, ppp between Caribbean Small States and Cayman Islands?
- 44,283 constant 2021 international $, with Cayman Islands ahead.
- How many years of comparable data are there for Caribbean Small States and Cayman Islands?
- 19 years are reported by both, from 2006 to 2024.
- How do Caribbean Small States and Cayman Islands rank globally for gdp per capita, ppp?
- Caribbean Small States ranks 9th and Cayman Islands ranks 10th of 47 groups.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP per capita, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for gross domestic product (GDP) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.