Exports of goods, services and primary income (BoP, current US$), per in Cayman Islands
Cayman Islands: Exports of goods, services and primary income (BoP, current US$), per was 1.44 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Exports of goods, services and primary income (BoP, current US$), per in Cayman Islands, 2016–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2024, exports of goods, services and primary income (bop, current us$), per in Cayman Islands stood at 1.44 BoP, current US$ per US$ of GDP.
Compared with earlier readings it is down 7.3% on the previous year and up 20.8% over ten years.
Over the whole period, exports of goods, services and primary income (bop, current us$), per in Cayman Islands peaked at 1.56 BoP, current US$ per US$ of GDP in 2023 and was at its lowest, 1.08 BoP, current US$ per US$ of GDP, in 2020.
That places Cayman Islands 8th out of 198 countries with data for 2024, putting it in the top 10%.
Exports of goods, services and primary income (BoP, current US$), per in Cayman Islands, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2016 | 1.19 BoP, current US$ per US$ of GDP | — |
| 2017 | 1.24 BoP, current US$ per US$ of GDP | +3.9% |
| 2018 | 1.49 BoP, current US$ per US$ of GDP | +19.8% |
| 2019 | 1.43 BoP, current US$ per US$ of GDP | -3.5% |
| 2020 | 1.08 BoP, current US$ per US$ of GDP | -24.3% |
| 2021 | 1.12 BoP, current US$ per US$ of GDP | +3.0% |
| 2022 | 1.38 BoP, current US$ per US$ of GDP | +23.1% |
| 2023 | 1.56 BoP, current US$ per US$ of GDP | +13.0% |
| 2024 | 1.44 BoP, current US$ per US$ of GDP | -7.3% |
Cayman Islands compared with similar countries
- Cayman Islands's 1.44 BoP, current US$ per US$ of GDP is above the median for high income countries, which is 0.587 BoP, current US$ per US$ of GDP, 2.5× the median. (72 countries reporting)
- Cayman Islands's 1.44 BoP, current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.4002 BoP, current US$ per US$ of GDP, 3.6× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.34 BoP, current US$ per US$ of GDP | 1.19 BoP, current US$ per US$ of GDP | 1.49 BoP, current US$ per US$ of GDP | 4 |
| 2020s | 1.32 BoP, current US$ per US$ of GDP | 1.08 BoP, current US$ per US$ of GDP | 1.56 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Cayman Islands
- 5 Ireland 1.96 BoP, current US$ per US$ of GDP compare
- 6 San Marino 1.93 BoP, current US$ per US$ of GDP compare
- 7 Cyprus 1.56 BoP, current US$ per US$ of GDP compare
- 9 Djibouti 1.33 BoP, current US$ per US$ of GDP compare
- 10 Mauritius 1.31 BoP, current US$ per US$ of GDP compare
- 11 Macao 1.2 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, services and primary income (bop, current us$), per in Cayman Islands?
- Exports of goods, services and primary income (bop, current us$), per in Cayman Islands was 1.44 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest exports of goods, services and primary income (bop, current us$), per recorded in Cayman Islands?
- The highest recorded value was 1.56 BoP, current US$ per US$ of GDP in 2023.
- What is the lowest exports of goods, services and primary income (bop, current us$), per recorded in Cayman Islands?
- The lowest recorded value was 1.08 BoP, current US$ per US$ of GDP in 2020.
- How does Cayman Islands rank for exports of goods, services and primary income (bop, current us$), per?
- Cayman Islands ranks 8th out of 198 countries with data for 2024.
- Is exports of goods, services and primary income (bop, current us$), per rising or falling in Cayman Islands?
- Over the last ten years it is up 20.8%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of Exports of goods, services and primary income (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Exports of goods, services and primary income (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Exports of goods, services and primary income (BoP, current US$) ÷ GDP (current US$)
Computed from
- Exports of goods, services and primary income Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Exports of goods, services and primary income (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.