GDP per capita in Cayman Islands
Cayman Islands: GDP per capita was 104,293 current US$ in 2024. ▲ Rising
GDP per capita in Cayman Islands, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gdp per capita in Cayman Islands is 104,293 current US$, measured in 2024. That is the highest value across all 19 years on record.
That represents a change of up 4.2% on the previous year and up 37.5% over ten years.
Over the whole period, gdp per capita in Cayman Islands peaked at 104,293 current US$ in 2024 and was at its lowest, 75,102 current US$, in 2012.
Cayman Islands ranks 7th of 214 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
GDP per capita in Cayman Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2006 | 87,085 current US$ | — |
| 2007 | 89,888 current US$ | +3.2% |
| 2008 | 89,655 current US$ | -0.3% |
| 2009 | 81,374 current US$ | -9.2% |
| 2010 | 76,838 current US$ | -5.6% |
| 2011 | 75,281 current US$ | -2.0% |
| 2012 | 75,102 current US$ | -0.2% |
| 2013 | 75,114 current US$ | +0.0% |
| 2014 | 75,845 current US$ | +1.0% |
| 2015 | 76,379 current US$ | +0.7% |
| 2016 | 77,802 current US$ | +1.9% |
| 2017 | 80,054 current US$ | +2.9% |
| 2018 | 83,866 current US$ | +4.8% |
| 2019 | 88,254 current US$ | +5.2% |
| 2020 | 82,339 current US$ | -6.7% |
| 2021 | 86,450 current US$ | +5.0% |
| 2022 | 92,938 current US$ | +7.5% |
| 2023 | 100,065 current US$ | +7.7% |
| 2024 | 104,293 current US$ | +4.2% |
Cayman Islands compared with similar countries
- Cayman Islands's 104,293 current US$ is above the median for high income countries, which is 39,041 current US$, 2.7× the median. (82 countries reporting)
- Cayman Islands's 104,293 current US$ is above the median for Latin America & Caribbean, which is 13,226 current US$, 7.9× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 87,001 current US$ | 81,374 current US$ | 89,888 current US$ | 4 |
| 2010s | 78,453 current US$ | 75,102 current US$ | 88,254 current US$ | 10 |
| 2020s | 93,217 current US$ | 82,339 current US$ | 104,293 current US$ | 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 29.29 million current LCU (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 252.10 million current US$ (2024)
- Total reserves 252.10 million includes gold, current US$ (2024)
Frequently asked questions
- What is gdp per capita in Cayman Islands?
- Gdp per capita in Cayman Islands was 104,293 current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Cayman Islands?
- The highest recorded value was 104,293 current US$ in 2024.
- What is the lowest gdp per capita recorded in Cayman Islands?
- The lowest recorded value was 75,102 current US$ in 2012.
- How does Cayman Islands rank for gdp per capita?
- Cayman Islands ranks 7th out of 214 countries with data for 2024.
- Is gdp per capita rising or falling in Cayman Islands?
- Over the last ten years it is up 37.5%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP per capita (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.