Annual growth rate of real GDP per capita in Cayman Islands
Cayman Islands: Annual growth rate of real GDP per capita was 1.1% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Cayman Islands, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth rate of real gdp per capita in Cayman Islands stood at 1.1%.
That represents a change of down 70.3% on the previous year and up 1,000.0% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Cayman Islands peaked at 3.7% in 2023 and was at its lowest, -9.8%, in 2009.
That places Cayman Islands 145th out of 226 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita in Cayman Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -2.6% | — |
| 2001 | -2.9% | +11.5% |
| 2002 | -1.7% | -41.4% |
| 2003 | -1.3% | -23.5% |
| 2004 | -2.3% | +76.9% |
| 2005 | 3.2% | -239.1% |
| 2006 | 1.5% | -53.1% |
| 2007 | -2.1% | -240.0% |
| 2008 | -1.0% | -52.4% |
| 2009 | -9.8% | +880.0% |
| 2010 | -5.4% | -44.9% |
| 2011 | -1.6% | -70.4% |
| 2012 | -1.5% | -6.3% |
| 2013 | -1.3% | -13.3% |
| 2014 | 0.1% | -107.7% |
| 2015 | 0.4% | +300.0% |
| 2016 | 0.9% | +125.0% |
| 2017 | 0.9% | +0.0% |
| 2018 | 2.0% | +122.2% |
| 2019 | 1.8% | -10.0% |
| 2020 | -6.8% | -477.8% |
| 2021 | 2.7% | -139.7% |
| 2022 | 3.6% | +33.3% |
| 2023 | 3.7% | +2.8% |
| 2024 | 1.1% | -70.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.9% | -9.8% | 3.2% | 10 |
| 2010s | -0.4% | -5.4% | 2.0% | 10 |
| 2020s | 0.9% | -6.8% | 3.7% | 5 |
Countries ranked near Cayman Islands
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.18 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -23,390 BoP, current US$ per person (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.2243 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps -1.74 billion BoP, current US$ (2024)
- Gross value added at basic prices (GVA) 4.96 billion constant LCU (2024)
- Agriculture, forestry, and fishing, value added 16.2% (2024)
- Agriculture, forestry, and fishing, value added 23.72 million constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 29.29 million current LCU (2024)
- Inflation, consumer prices -0.6% (2016)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Cayman Islands?
- Annual growth rate of real gdp per capita in Cayman Islands was 1.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Cayman Islands?
- The highest recorded value was 3.7% in 2023.
- What is the lowest annual growth rate of real gdp per capita recorded in Cayman Islands?
- The lowest recorded value was -9.8% in 2009.
- How does Cayman Islands rank for annual growth rate of real gdp per capita?
- Cayman Islands ranks 145th out of 226 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Cayman Islands?
- Over the last ten years it is up 1,000.0%. The long-run trend across the full record is volatile.
- Where does this Cayman Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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