GDP Deflator — Value US$, 2015 prices in Cayman Islands
Cayman Islands: GDP Deflator — Value US$, 2015 prices was 123.11 USD in 2024. ◆ Volatile
GDP Deflator — Value US$, 2015 prices in Cayman Islands, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gdp deflator — value us$, 2015 prices in Cayman Islands is 123.11 USD, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.5% on the previous year and up 23.5% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Cayman Islands peaked at 123.11 USD in 2024 and was at its lowest, 8.9 USD, in 1970.
That places Cayman Islands 81st out of 222 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices in Cayman Islands, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 8.9 USD | — |
| 1971 | 10.8 USD | +21.4% |
| 1972 | 13.27 USD | +22.8% |
| 1973 | 15.15 USD | +14.2% |
| 1974 | 16 USD | +5.6% |
| 1975 | 17.49 USD | +9.3% |
| 1976 | 18.98 USD | +8.6% |
| 1977 | 20.61 USD | +8.6% |
| 1978 | 22.37 USD | +8.6% |
| 1979 | 24.28 USD | +8.6% |
| 1980 | 26.36 USD | +8.6% |
| 1981 | 28.61 USD | +8.6% |
| 1982 | 31.06 USD | +8.6% |
| 1983 | 38.27 USD | +23.2% |
| 1984 | 40.05 USD | +4.7% |
| 1985 | 41.89 USD | +4.6% |
| 1986 | 42.68 USD | +1.9% |
| 1987 | 45.64 USD | +6.9% |
| 1988 | 48.81 USD | +6.9% |
| 1989 | 51.35 USD | +5.2% |
| 1990 | 56.46 USD | +10.0% |
| 1991 | 58.17 USD | +3.0% |
| 1992 | 59.82 USD | +2.8% |
| 1993 | 61.33 USD | +2.5% |
| 1994 | 63.23 USD | +3.1% |
| 1995 | 65.16 USD | +3.0% |
| 1996 | 67.33 USD | +3.3% |
| 1997 | 69.51 USD | +3.2% |
| 1998 | 70 USD | +0.7% |
| 1999 | 73.41 USD | +4.9% |
| 2000 | 75.98 USD | +3.5% |
| 2001 | 77.52 USD | +2.0% |
| 2002 | 79.47 USD | +2.5% |
| 2003 | 80.8 USD | +1.7% |
| 2004 | 84.36 USD | +4.4% |
| 2005 | 90.52 USD | +7.3% |
| 2006 | 91.24 USD | +0.8% |
| 2007 | 95.6 USD | +4.8% |
| 2008 | 96.29 USD | +0.7% |
| 2009 | 96.87 USD | +0.6% |
| 2010 | 96.67 USD | -0.2% |
| 2011 | 96.23 USD | -0.5% |
| 2012 | 97.44 USD | +1.3% |
| 2013 | 98.78 USD | +1.4% |
| 2014 | 99.66 USD | +0.9% |
| 2015 | 100 USD | +0.3% |
| 2016 | 101 USD | +1.0% |
| 2017 | 103.01 USD | +2.0% |
| 2018 | 105.75 USD | +2.7% |
| 2019 | 109.34 USD | +3.4% |
| 2020 | 109.49 USD | +0.1% |
| 2021 | 111.84 USD | +2.1% |
| 2022 | 115.85 USD | +3.6% |
| 2023 | 120.08 USD | +3.6% |
| 2024 | 123.11 USD | +2.5% |
Cayman Islands compared with similar countries
- Cayman Islands's 123.11 USD is above the median for high income countries, which is 121.8 USD, 1.0× the median. (68 countries reporting)
- Cayman Islands's 123.11 USD is above the median for Latin America & Caribbean, which is 120.84 USD, 1.0× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.78 USD | 8.9 USD | 24.28 USD | 10 |
| 1980s | 39.47 USD | 26.36 USD | 51.35 USD | 10 |
| 1990s | 64.44 USD | 56.46 USD | 73.41 USD | 10 |
| 2000s | 86.86 USD | 75.98 USD | 96.87 USD | 10 |
| 2010s | 100.79 USD | 96.23 USD | 109.34 USD | 10 |
| 2020s | 116.08 USD | 109.49 USD | 123.11 USD | 5 |
Countries ranked near Cayman Islands
More economy & growth data for Cayman Islands
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0038 current LCU per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 3,386 current US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.82 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 79,983 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7669 constant 2015 US$ per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 17.9 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.82 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 82,250 current LCU per person (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7886 current LCU per US$ of GDP (2024)
- GDP deflator (base year varies by country), annual growth rate 2.4 % change on previous year (2024)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices in Cayman Islands?
- Gdp deflator — value us$, 2015 prices in Cayman Islands was 123.11 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Cayman Islands?
- The highest recorded value was 123.11 USD in 2024.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Cayman Islands?
- The lowest recorded value was 8.9 USD in 1970.
- How does Cayman Islands rank for gdp deflator — value us$, 2015 prices?
- Cayman Islands ranks 81st out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Cayman Islands?
- Over the last ten years it is up 23.5%. The long-run trend across the full record is volatile.
- Where does this Cayman Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).