GDP (constant 2015 US$), annual growth rate in Cayman Islands
Cayman Islands: GDP (constant 2015 US$), annual growth rate was 3.76 % change on previous year in 2024. ◆ Volatile
GDP (constant 2015 US$), annual growth rate in Cayman Islands, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Cayman Islands recorded 3.76 % change on previous year for gdp (constant 2015 us$), annual growth rate in 2024.
Compared with earlier readings it is down 35.3% on the previous year and up 41.5% over ten years.
Over the whole period, gdp (constant 2015 us$), annual growth rate in Cayman Islands peaked at 5.8 % change on previous year in 2023 and was at its lowest, -7.2 % change on previous year, in 2009.
Cayman Islands ranks 87th of 210 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (constant 2015 US$), annual growth rate in Cayman Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 3.16 % change on previous year | — |
| 2008 | -0.3575 % change on previous year | -111.3% |
| 2009 | -7.2 % change on previous year | +1913.9% |
| 2010 | -2.72 % change on previous year | -62.3% |
| 2011 | 1.17 % change on previous year | -143.1% |
| 2012 | 1.23 % change on previous year | +5.2% |
| 2013 | 1.28 % change on previous year | +4.0% |
| 2014 | 2.65 % change on previous year | +107.5% |
| 2015 | 2.83 % change on previous year | +6.7% |
| 2016 | 3.24 % change on previous year | +14.4% |
| 2017 | 3.18 % change on previous year | -1.7% |
| 2018 | 4.27 % change on previous year | +34.0% |
| 2019 | 3.92 % change on previous year | -8.2% |
| 2020 | -4.95 % change on previous year | -226.5% |
| 2021 | 4.87 % change on previous year | -198.3% |
| 2022 | 5.66 % change on previous year | +16.3% |
| 2023 | 5.8 % change on previous year | +2.5% |
| 2024 | 3.76 % change on previous year | -35.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.47 % change on previous year | -7.2 % change on previous year | 3.16 % change on previous year | 3 |
| 2010s | 2.11 % change on previous year | -2.72 % change on previous year | 4.27 % change on previous year | 10 |
| 2020s | 3.03 % change on previous year | -4.95 % change on previous year | 5.8 % change on previous year | 5 |
Countries ranked near Cayman Islands
More economy & growth data for Cayman Islands
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.8762 (2025)
- GNI (current LCU), per capita 70,198 current LCU per person (2024)
- Net primary income (Net income from abroad) (current US$), annual 18.32 % change on previous year (2024)
- Taxes less subsidies on products (current US$), annual growth rate 1.4 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0536 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 5,593 current US$ per person (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 1.4 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0447 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 4,661 current LCU per person (2024)
- Gdp worldbank constant usd, per capita 84,382 units per person (2024)
Frequently asked questions
- What is gdp (constant 2015 us$), annual growth rate in Cayman Islands?
- Gdp (constant 2015 us$), annual growth rate in Cayman Islands was 3.76 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (constant 2015 us$), annual growth rate recorded in Cayman Islands?
- The highest recorded value was 5.8 % change on previous year in 2023.
- What is the lowest gdp (constant 2015 us$), annual growth rate recorded in Cayman Islands?
- The lowest recorded value was -7.2 % change on previous year in 2009.
- How does Cayman Islands rank for gdp (constant 2015 us$), annual growth rate?
- Cayman Islands ranks 87th out of 210 countries with data for 2024.
- Is gdp (constant 2015 us$), annual growth rate rising or falling in Cayman Islands?
- Over the last ten years it is up 41.5%. The long-run trend across the full record is volatile.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of GDP (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in GDP (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- 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
The year-on-year percentage change in GDP (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.