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$, 2015 prices in Cayman Islands peaked at 123.11 USD in 2024 and was at its lowest, 8.9 USD, in 1970.
That places Cayman Islands 75th out of 203 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 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
- 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 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$, 2015 prices?
- Cayman Islands ranks 75th out of 203 countries with data for 2024.
- Is gdp deflator — value us$, 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).