GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Cayman Islands
Cayman Islands: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 2.53 % change on previous year in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Cayman Islands, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp deflator — value standard local currency, 2015 prices, annual in Cayman Islands stood at 2.53 % change on previous year.
The figure is down 30.7% on the previous year and up 185.1% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Cayman Islands peaked at 23.23 % change on previous year in 1983 and was at its lowest, -0.4591 % change on previous year, in 2011.
That places Cayman Islands 147th out of 209 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.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Cayman Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 22.15 % change on previous year | — |
| 1972 | 18.08 % change on previous year | -18.4% |
| 1973 | 16.44 % change on previous year | -9.0% |
| 1974 | 8.55 % change on previous year | -48.0% |
| 1975 | 8.55 % change on previous year | -0.0% |
| 1976 | 8.55 % change on previous year | +0.0% |
| 1977 | 8.55 % change on previous year | -0.0% |
| 1978 | 8.55 % change on previous year | +0.0% |
| 1979 | 8.55 % change on previous year | -0.0% |
| 1980 | 8.55 % change on previous year | -0.0% |
| 1981 | 8.55 % change on previous year | -0.0% |
| 1982 | 8.55 % change on previous year | +0.0% |
| 1983 | 23.23 % change on previous year | +171.7% |
| 1984 | 4.66 % change on previous year | -80.0% |
| 1985 | 4.58 % change on previous year | -1.7% |
| 1986 | 1.89 % change on previous year | -58.6% |
| 1987 | 6.94 % change on previous year | +266.4% |
| 1988 | 6.94 % change on previous year | +0.0% |
| 1989 | 5.19 % change on previous year | -25.2% |
| 1990 | 9.96 % change on previous year | +91.8% |
| 1991 | 3.02 % change on previous year | -69.7% |
| 1992 | 2.84 % change on previous year | -5.9% |
| 1993 | 2.52 % change on previous year | -11.4% |
| 1994 | 3.1 % change on previous year | +22.9% |
| 1995 | 3.05 % change on previous year | -1.7% |
| 1996 | 3.34 % change on previous year | +9.6% |
| 1997 | 3.23 % change on previous year | -3.2% |
| 1998 | 0.7129 % change on previous year | -78.0% |
| 1999 | 4.87 % change on previous year | +583.0% |
| 2000 | 3.5 % change on previous year | -28.1% |
| 2001 | 2.02 % change on previous year | -42.3% |
| 2002 | 2.52 % change on previous year | +25.0% |
| 2003 | 1.67 % change on previous year | -33.9% |
| 2004 | 4.4 % change on previous year | +163.5% |
| 2005 | 7.31 % change on previous year | +66.1% |
| 2006 | 0.7958 % change on previous year | -89.1% |
| 2007 | 4.77 % change on previous year | +499.9% |
| 2008 | 0.7193 % change on previous year | -84.9% |
| 2009 | 0.6078 % change on previous year | -15.5% |
| 2010 | -0.2065 % change on previous year | -134.0% |
| 2011 | -0.4591 % change on previous year | +122.4% |
| 2012 | 1.26 % change on previous year | -374.8% |
| 2013 | 1.38 % change on previous year | +9.3% |
| 2014 | 0.8868 % change on previous year | -35.7% |
| 2015 | 0.3419 % change on previous year | -61.4% |
| 2016 | 1 % change on previous year | +192.5% |
| 2017 | 1.99 % change on previous year | +98.7% |
| 2018 | 2.66 % change on previous year | +34.0% |
| 2019 | 3.4 % change on previous year | +27.5% |
| 2020 | 0.1399 % change on previous year | -95.9% |
| 2021 | 2.15 % change on previous year | +1433.1% |
| 2022 | 3.58 % change on previous year | +67.0% |
| 2023 | 3.65 % change on previous year | +1.8% |
| 2024 | 2.53 % change on previous year | -30.7% |
Cayman Islands compared with similar countries
- Cayman Islands's 2.53 % change on previous year is below the median for high income countries, which is 2.83 % change on previous year, 89% of the median. (68 countries reporting)
- Cayman Islands's 2.53 % change on previous year is below the median for Latin America & Caribbean, which is 3.66 % change on previous year, 69% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices, annual 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 |
|---|---|---|---|
| 2021 | +1433.1% | 0.1399 % change on previous year | 2.15 % change on previous year |
| 1999 | +583.0% | 0.7129 % change on previous year | 4.87 % change on previous year |
| 2007 | +499.9% | 0.7958 % change on previous year | 4.77 % change on previous year |
| 2012 | +374.8% | -0.4591 % change on previous year | 1.26 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12 % change on previous year | 8.55 % change on previous year | 22.15 % change on previous year | 9 |
| 1980s | 7.91 % change on previous year | 1.89 % change on previous year | 23.23 % change on previous year | 10 |
| 1990s | 3.66 % change on previous year | 0.7129 % change on previous year | 9.96 % change on previous year | 10 |
| 2000s | 2.83 % change on previous year | 0.6078 % change on previous year | 7.31 % change on previous year | 10 |
| 2010s | 1.22 % change on previous year | -0.4591 % change on previous year | 3.4 % change on previous year | 10 |
| 2020s | 2.41 % change on previous year | 0.1399 % change on previous year | 3.65 % change on previous year | 5 |
Countries ranked near Cayman Islands
- 144 Paraguay 2.59 % change on previous year compare
- 145 Latvia 2.58 % change on previous year compare
- 146 Côte d'Ivoire 2.55 % change on previous year compare
- 148 Bermuda 2.52 % change on previous year compare
- 149 Equatorial Guinea 2.5 % change on previous year compare
- 150 Anguilla 2.5 % change on previous year 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 gdp deflator — value standard local currency, 2015 prices, annual in Cayman Islands?
- Gdp deflator — value standard local currency, 2015 prices, annual in Cayman Islands was 2.53 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Cayman Islands?
- The highest recorded value was 23.23 % change on previous year in 1983.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Cayman Islands?
- The lowest recorded value was -0.4591 % change on previous year in 2011.
- How does Cayman Islands rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Cayman Islands ranks 147th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Cayman Islands?
- Over the last ten years it is up 185.1%. 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 Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
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 Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.