Cayman Islands vs European Union: Services, value added
Services, value added over time
- Cayman Islands
- European Union
How they compare
Cayman Islands currently reports 86.5% against 65.9% in European Union, a difference of 20.6%.
That makes Cayman Islands's figure about 1.3 times European Union's.
Across all 19 years both countries report, Cayman Islands has been ahead every year.
Cayman Islands ranks 8th and European Union ranks 10th of 206 countries.
Cayman Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Cayman Islands | European Union | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 85.0% | 64.2% | 20.8% | Cayman Islands |
| 2010s | 87.0% | 65.3% | 21.8% | Cayman Islands |
| 2020s | 86.1% | 65.6% | 20.6% | Cayman Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Cayman Islands or European Union?
- Cayman Islands, at 86.5% against 65.9% in European Union as of 2024.
- What is the difference in services, value added between Cayman Islands and European Union?
- 20.6%, with Cayman Islands ahead.
- How many years of comparable data are there for Cayman Islands and European Union?
- 19 years are reported by both, from 2006 to 2024.
- How do Cayman Islands and European Union rank globally for services, value added?
- Cayman Islands ranks 8th and European Union ranks 10th of 206 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.