GDP per capita growth in Cayman Islands
Cayman Islands: GDP per capita growth was 1.8% in 2024. ◆ Volatile
GDP per capita growth in Cayman Islands, 2007–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
The most recent figure for gdp per capita growth in Cayman Islands is 1.8%, measured in 2024.
Compared with earlier readings it is down 52.0% on the previous year and up 1,957.7% over ten years.
Over the whole period, gdp per capita growth in Cayman Islands peaked at 3.7% in 2023 and was at its lowest, -9.8%, in 2009.
That places Cayman Islands 126th out of 213 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 per capita growth in Cayman Islands, year by year
| Year | annual % | Change |
|---|---|---|
| 2007 | 0.1% | — |
| 2008 | -3.2% | -2365.1% |
| 2009 | -9.8% | +205.0% |
| 2010 | -5.4% | -45.0% |
| 2011 | -1.6% | -70.8% |
| 2012 | -1.5% | -5.8% |
| 2013 | -1.3% | -9.3% |
| 2014 | 0.1% | -106.4% |
| 2015 | 0.4% | +317.3% |
| 2016 | 0.9% | +136.8% |
| 2017 | 0.9% | +4.1% |
| 2018 | 2.0% | +129.8% |
| 2019 | 1.8% | -13.1% |
| 2020 | -6.8% | -484.6% |
| 2021 | 2.7% | -140.1% |
| 2022 | 3.5% | +26.7% |
| 2023 | 3.7% | +6.8% |
| 2024 | 1.8% | -52.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.3% | -9.8% | 0.1% | 3 |
| 2010s | -0.4% | -5.4% | 2.0% | 10 |
| 2020s | 1.0% | -6.8% | 3.7% | 5 |
Countries ranked near Cayman Islands
More economy & growth data for Cayman Islands
- 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)
- Domestic currency per US dollar (End-of-period (EoP)) 0.8333 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.14 (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.8762 (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8091 constant 2015 US$ per US$ of GDP (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)
- US dollar per domestic currency (End-of-period (EoP)) 1.2 (2025)
- GDP (constant 2015 US$), annual growth rate 3.76 % change on previous year (2024)
Frequently asked questions
- What is gdp per capita growth in Cayman Islands?
- Gdp per capita growth in Cayman Islands was 1.8% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita growth recorded in Cayman Islands?
- The highest recorded value was 3.7% in 2023.
- What is the lowest gdp per capita growth recorded in Cayman Islands?
- The lowest recorded value was -9.8% in 2009.
- How does Cayman Islands rank for gdp per capita growth?
- Cayman Islands ranks 126th out of 213 countries with data for 2024.
- Is gdp per capita growth rising or falling in Cayman Islands?
- Over the last ten years it is up 1,957.7%. The long-run trend across the full record is volatile.
- 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 growth (annual %). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.