Cayman Islands vs Europe & Central Asia (IDA & IBRD countries): GDP per capita, PPP
GDP per capita, PPP over time
- Cayman Islands
- Europe & Central Asia (IDA & IBRD countries)
How they compare
Cayman Islands currently reports 92,201 current international $ against 39,498 current international $ in Europe & Central Asia (IDA & IBRD countries), a difference of 52,703 current international $.
That makes Cayman Islands's figure about 2.3 times Europe & Central Asia (IDA & IBRD countries)'s.
Across all 19 years both countries report, Cayman Islands has been ahead every year.
Cayman Islands ranks 11th and Europe & Central Asia (IDA & IBRD countries) ranks 10th of 204 countries.
Cayman Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cayman Islands | Europe & Central Asia (IDA & IBRD countries) | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 74,520 current international $ | 13,904 current international $ | 60,616 current international $ | Cayman Islands |
| 2010s | 66,711 current international $ | 20,385 current international $ | 46,325 current international $ | Cayman Islands |
| 2020s | 80,614 current international $ | 32,604 current international $ | 48,010 current international $ | Cayman Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp per capita, ppp, Cayman Islands or Europe & Central Asia (IDA & IBRD countries)?
- Cayman Islands, at 92,201 current international $ against 39,498 current international $ in Europe & Central Asia (IDA & IBRD countries) as of 2024.
- What is the difference in gdp per capita, ppp between Cayman Islands and Europe & Central Asia (IDA & IBRD countries)?
- 52,703 current international $, with Cayman Islands ahead.
- How many years of comparable data are there for Cayman Islands and Europe & Central Asia (IDA & IBRD countries)?
- 19 years are reported by both, from 2006 to 2024.
- How do Cayman Islands and Europe & Central Asia (IDA & IBRD countries) rank globally for gdp per capita, ppp?
- Cayman Islands ranks 11th and Europe & Central Asia (IDA & IBRD countries) ranks 10th of 204 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP per capita, PPP (current international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This indicator provides values for gross domestic product (GDP) per person expressed in current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. 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.