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. Measured in %.
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 146th out of 228 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 | % | 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% |
Cayman Islands compared with similar countries
- Cayman Islands's 1.1% is below the median for high income countries, which is 1.4%, 76% of the median. (74 countries reporting)
- Cayman Islands's 1.1% is below the median for Latin America & Caribbean, which is 2.2%, 51% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) in Cayman Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -880.0% | -1.0% | -9.8% |
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 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.18 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows 40.9% (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 270.42 million current US$ (2025)
- Total reserves 270.42 million includes gold, current US$ (2025)
- GDP deflator 123.6 base year varies by country (2024)
- Personal remittances, received 11.50 million current US$ (2024)
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 146th out of 228 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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