Exports of goods and services (BoP, current US$), per unit of GDP in Cayman Islands
Cayman Islands: Exports of goods and services (BoP, current US$), per unit of GDP was 0.6484 BoP, current US$ per US$ of GDP in 2024. ▼ Falling
Exports of goods and services (BoP, current US$), per unit of GDP in Cayman Islands, 2016–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Cayman Islands recorded 0.6484 BoP, current US$ per US$ of GDP for exports of goods and services (bop, current us$), per unit of gdp in 2024.
Compared with earlier readings it is up 0.6% on the previous year and down 14.2% over ten years.
Over the whole period, exports of goods and services (bop, current us$), per unit of gdp in Cayman Islands peaked at 0.7559 BoP, current US$ per US$ of GDP in 2016 and was at its lowest, 0.5845 BoP, current US$ per US$ of GDP, in 2021.
That places Cayman Islands 38th out of 199 countries with data for 2024, putting it in the top quarter.
Exports of goods and services (BoP, current US$), per unit of GDP in Cayman Islands, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2016 | 0.7559 BoP, current US$ per US$ of GDP | — |
| 2017 | 0.7402 BoP, current US$ per US$ of GDP | -2.1% |
| 2018 | 0.7159 BoP, current US$ per US$ of GDP | -3.3% |
| 2019 | 0.7077 BoP, current US$ per US$ of GDP | -1.1% |
| 2020 | 0.6067 BoP, current US$ per US$ of GDP | -14.3% |
| 2021 | 0.5845 BoP, current US$ per US$ of GDP | -3.7% |
| 2022 | 0.6335 BoP, current US$ per US$ of GDP | +8.4% |
| 2023 | 0.6447 BoP, current US$ per US$ of GDP | +1.8% |
| 2024 | 0.6484 BoP, current US$ per US$ of GDP | +0.6% |
Cayman Islands compared with similar countries
- Cayman Islands's 0.6484 BoP, current US$ per US$ of GDP is above the median for high income countries, which is 0.5197 BoP, current US$ per US$ of GDP, 1.2× the median. (72 countries reporting)
- Cayman Islands's 0.6484 BoP, current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.3885 BoP, current US$ per US$ of GDP, 1.7× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.7299 BoP, current US$ per US$ of GDP | 0.7077 BoP, current US$ per US$ of GDP | 0.7559 BoP, current US$ per US$ of GDP | 4 |
| 2020s | 0.6236 BoP, current US$ per US$ of GDP | 0.5845 BoP, current US$ per US$ of GDP | 0.6484 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Cayman Islands
- 35 Laos 0.6737 BoP, current US$ per US$ of GDP compare
- 36 Czechia 0.6713 BoP, current US$ per US$ of GDP compare
- 37 Oman 0.6607 BoP, current US$ per US$ of GDP compare
- 39 Curacao 0.642 BoP, current US$ per US$ of GDP compare
- 40 Turks and Caicos Islands 0.6291 BoP, current US$ per US$ of GDP
- 41 Latvia 0.626 BoP, current US$ per US$ of GDP compare
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) 5.96 billion constant 2015 US$ (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)
- Total reserves minus gold 252.10 million current US$ (2024)
Frequently asked questions
- What is exports of goods and services (bop, current us$), per unit of gdp in Cayman Islands?
- Exports of goods and services (bop, current us$), per unit of gdp in Cayman Islands was 0.6484 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest exports of goods and services (bop, current us$), per unit of gdp recorded in Cayman Islands?
- The highest recorded value was 0.7559 BoP, current US$ per US$ of GDP in 2016.
- What is the lowest exports of goods and services (bop, current us$), per unit of gdp recorded in Cayman Islands?
- The lowest recorded value was 0.5845 BoP, current US$ per US$ of GDP in 2021.
- How does Cayman Islands rank for exports of goods and services (bop, current us$), per unit of gdp?
- Cayman Islands ranks 38th out of 199 countries with data for 2024.
- Is exports of goods and services (bop, current us$), per unit of gdp rising or falling in Cayman Islands?
- Over the last ten years it is down 14.2%. The long-run trend across the full record is falling.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Exports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.