Annual growth of GDP per capita in Cayman Islands
Cayman Islands: Annual growth of GDP per capita was 1.8% in 2024. ◆ Volatile
Annual growth of GDP per capita in Cayman Islands, 2007–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in annual %.
Analysis
The most recent figure for annual growth of gdp per capita in Cayman Islands is 1.8%, measured in 2024.
The figure is down 52.0% on the previous year and up 1,957.7% over ten years.
Over the whole period, annual growth of gdp per capita in Cayman Islands peaked at 3.7% in 2023 and was at its lowest, -9.8%, in 2009.
That places Cayman Islands 125th out of 212 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.
Annual growth of GDP per capita 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% |
Cayman Islands compared with similar countries
- Cayman Islands's 1.8% is above the median for high income countries, which is 1.7%, 1.1× the median. (83 countries reporting)
- Cayman Islands's 1.8% is below the median for Latin America & Caribbean, which is 2.4%, 75% of the median. (41 countries reporting)
Biggest year-on-year movements
Years where Annual growth of GDP per capita 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 |
|---|---|---|---|
| 2008 | -2365.1% | 0.1% | -3.2% |
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
- 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 annual growth of gdp per capita in Cayman Islands?
- Annual growth of gdp per capita in Cayman Islands was 1.8% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest annual growth of gdp per capita recorded in Cayman Islands?
- The highest recorded value was 3.7% in 2023.
- What is the lowest annual growth of gdp per capita recorded in Cayman Islands?
- The lowest recorded value was -9.8% in 2009.
- How does Cayman Islands rank for annual growth of gdp per capita?
- Cayman Islands ranks 125th out of 212 countries with data for 2024.
- Is annual growth of gdp per capita 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 National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Annual growth of GDP per capita. Statizoid updates them automatically from the source API.
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About this data
This data is adjusted for inflation.