GDP (constant 2015 US$), per unit of GDP in Cayman Islands
Cayman Islands: GDP (constant 2015 US$), per unit of GDP was 0.8091 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
GDP (constant 2015 US$), per unit of GDP in Cayman Islands, 2006–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for gdp (constant 2015 us$), per unit of gdp in Cayman Islands is 0.8091 constant 2015 US$ per US$ of GDP, measured in 2024. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 2.3% on the previous year and down 19.4% over ten years.
Over the whole period, gdp (constant 2015 us$), per unit of gdp in Cayman Islands peaked at 1.1 constant 2015 US$ per US$ of GDP in 2006 and was at its lowest, 0.8091 constant 2015 US$ per US$ of GDP, in 2024.
Cayman Islands ranks 108th of 210 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
GDP (constant 2015 US$), per unit of GDP in Cayman Islands, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2006 | 1.1 constant 2015 US$ per US$ of GDP | — |
| 2007 | 1.07 constant 2015 US$ per US$ of GDP | -3.0% |
| 2008 | 1.04 constant 2015 US$ per US$ of GDP | -3.0% |
| 2009 | 1.03 constant 2015 US$ per US$ of GDP | -0.6% |
| 2010 | 1.03 constant 2015 US$ per US$ of GDP | +0.2% |
| 2011 | 1.04 constant 2015 US$ per US$ of GDP | +0.5% |
| 2012 | 1.03 constant 2015 US$ per US$ of GDP | -1.2% |
| 2013 | 1.01 constant 2015 US$ per US$ of GDP | -1.4% |
| 2014 | 1 constant 2015 US$ per US$ of GDP | -0.9% |
| 2015 | 1 constant 2015 US$ per US$ of GDP | -0.3% |
| 2016 | 0.9901 constant 2015 US$ per US$ of GDP | -1.0% |
| 2017 | 0.9708 constant 2015 US$ per US$ of GDP | -1.9% |
| 2018 | 0.9456 constant 2015 US$ per US$ of GDP | -2.6% |
| 2019 | 0.9146 constant 2015 US$ per US$ of GDP | -3.3% |
| 2020 | 0.9133 constant 2015 US$ per US$ of GDP | -0.1% |
| 2021 | 0.8937 constant 2015 US$ per US$ of GDP | -2.1% |
| 2022 | 0.8602 constant 2015 US$ per US$ of GDP | -3.8% |
| 2023 | 0.8285 constant 2015 US$ per US$ of GDP | -3.7% |
| 2024 | 0.8091 constant 2015 US$ per US$ of GDP | -2.3% |
Cayman Islands compared with similar countries
- Cayman Islands's 0.8091 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.8054 constant 2015 US$ per US$ of GDP, 1.0× the median. (80 countries reporting)
- Cayman Islands's 0.8091 constant 2015 US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.8174 constant 2015 US$ per US$ of GDP, 99% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.06 constant 2015 US$ per US$ of GDP | 1.03 constant 2015 US$ per US$ of GDP | 1.1 constant 2015 US$ per US$ of GDP | 4 |
| 2010s | 0.9937 constant 2015 US$ per US$ of GDP | 0.9146 constant 2015 US$ per US$ of GDP | 1.04 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.861 constant 2015 US$ per US$ of GDP | 0.8091 constant 2015 US$ per US$ of GDP | 0.9133 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Cayman Islands
- 105 Belize 0.8104 constant 2015 US$ per US$ of GDP compare
- 106 Cape Verde 0.8101 constant 2015 US$ per US$ of GDP compare
- 107 Senegal 0.8095 constant 2015 US$ per US$ of GDP compare
- 109 Denmark 0.8083 constant 2015 US$ per US$ of GDP compare
- 110 Kenya 0.8074 constant 2015 US$ per US$ of GDP compare
- 111 Algeria 0.8069 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Cayman Islands
- GDP (current LCU), annual growth rate 6.25 % change on previous year (2024)
- GDP (constant LCU), annual growth rate 3.76 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 84,382 constant 2015 US$ per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 16.19 % change on previous year (2024)
- GDP (constant 2015 US$), annual growth rate 3.76 % change on previous year (2024)
- GDP (current LCU), per capita 86,910 current LCU per person (2024)
- GDP (current LCU), per unit of GDP 0.8333 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0031 constant 2015 US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (constant LCU) 16.19 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.6391 constant LCU per US$ of GDP (2024)
Frequently asked questions
- What is gdp (constant 2015 us$), per unit of gdp in Cayman Islands?
- Gdp (constant 2015 us$), per unit of gdp in Cayman Islands was 0.8091 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gdp (constant 2015 us$), per unit of gdp recorded in Cayman Islands?
- The highest recorded value was 1.1 constant 2015 US$ per US$ of GDP in 2006.
- What is the lowest gdp (constant 2015 us$), per unit of gdp recorded in Cayman Islands?
- The lowest recorded value was 0.8091 constant 2015 US$ per US$ of GDP in 2024.
- How does Cayman Islands rank for gdp (constant 2015 us$), per unit of gdp?
- Cayman Islands ranks 108th out of 210 countries with data for 2024.
- Is gdp (constant 2015 us$), per unit of gdp rising or falling in Cayman Islands?
- Over the last ten years it is down 19.4%. 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 GDP (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
GDP (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP (constant 2015 US$) ÷ GDP (current US$)
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.