Cayman Islands vs Latin America & Caribbean (excluding high income): Secondary income, other sectors, payments

Cayman Islands
6.25 billion BoP, current US$
in 2024
Latin America & Caribbean (excluding high income)
11.56 billion BoP, current US$
in 2025
Cayman Islands rank
33rd
Latin America & Caribbean (excluding high income) rank
32nd

Secondary income, other sectors, payments over time

  • Cayman Islands
  • Latin America & Caribbean (excluding high income)
05.0B10.0B15.0B20.0B197920022025

How they compare

Latin America & Caribbean (excluding high income) currently reports 11.56 billion BoP, current US$ against 6.25 billion BoP, current US$ in Cayman Islands, a difference of 5.31 billion BoP, current US$.

That makes Latin America & Caribbean (excluding high income)'s figure about 1.8 times Cayman Islands's.

Across all 9 years both countries report, Latin America & Caribbean (excluding high income) has been ahead every year.

Cayman Islands ranks 33rd and Latin America & Caribbean (excluding high income) ranks 32nd of 198 countries.

Latin America & Caribbean (excluding high income) has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Cayman Islands Latin America & Caribbean (excluding high income) Difference Ahead
2010s 2.07 billion BoP, current US$ 9.71 billion BoP, current US$ 7.64 billion BoP, current US$ Latin America & Caribbean (excluding high income)
2020s 4.79 billion BoP, current US$ 14.18 billion BoP, current US$ 9.39 billion BoP, current US$ Latin America & Caribbean (excluding high income)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher secondary income, other sectors, payments, Cayman Islands or Latin America & Caribbean (excluding high income)?
Latin America & Caribbean (excluding high income), at 11.56 billion BoP, current US$ against 6.25 billion BoP, current US$ in Cayman Islands as of 2025.
What is the difference in secondary income, other sectors, payments between Cayman Islands and Latin America & Caribbean (excluding high income)?
5.31 billion BoP, current US$, with Latin America & Caribbean (excluding high income) ahead.
How many years of comparable data are there for Cayman Islands and Latin America & Caribbean (excluding high income)?
9 years are reported by both, from 2016 to 2024.
How do Cayman Islands and Latin America & Caribbean (excluding high income) rank globally for secondary income, other sectors, payments?
Cayman Islands ranks 33rd and Latin America & Caribbean (excluding high income) ranks 32nd of 198 countries.
Where does this data come from?
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Secondary income, other sectors, payments (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cayman Islands vs Latin America & Caribbean (excluding high income): Secondary income, other sectors, payments. Statizoid, drawing on Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 16 September 2026, from https://economy.statizoid.com/compare/secondary-income-other-sectors-payments-bop-current-us/cayman-islands/latin-america-and-caribbean-excluding-high-income/

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About this data

Indicator
Secondary income, other sectors, payments (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
245 places, 8,676 data points, 1960–2025
Last refreshed

Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.