GDP per capita, PPP in Cayman Islands
Cayman Islands: GDP per capita, PPP was 80,997 constant 2021 international $ in 2024. ▼ Falling
GDP per capita, PPP in Cayman Islands, 2006–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
Cayman Islands recorded 80,997 constant 2021 international $ for gdp per capita, ppp in 2024.
Compared with earlier readings it is up 1.8% on the previous year and up 10.9% over ten years.
Over the whole period, gdp per capita, ppp in Cayman Islands peaked at 92,344 constant 2021 international $ in 2007 and was at its lowest, 72,183 constant 2021 international $, in 2020.
That places Cayman Islands 10th out of 199 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 19 years of available data.
GDP per capita, PPP in Cayman Islands, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2006 | 92,213 constant 2021 international $ | — |
| 2007 | 92,344 constant 2021 international $ | +0.1% |
| 2008 | 89,380 constant 2021 international $ | -3.2% |
| 2009 | 80,632 constant 2021 international $ | -9.8% |
| 2010 | 76,295 constant 2021 international $ | -5.4% |
| 2011 | 75,095 constant 2021 international $ | -1.6% |
| 2012 | 73,983 constant 2021 international $ | -1.5% |
| 2013 | 72,989 constant 2021 international $ | -1.3% |
| 2014 | 73,052 constant 2021 international $ | +0.1% |
| 2015 | 73,315 constant 2021 international $ | +0.4% |
| 2016 | 73,942 constant 2021 international $ | +0.9% |
| 2017 | 74,600 constant 2021 international $ | +0.9% |
| 2018 | 76,124 constant 2021 international $ | +2.0% |
| 2019 | 77,477 constant 2021 international $ | +1.8% |
| 2020 | 72,183 constant 2021 international $ | -6.8% |
| 2021 | 74,160 constant 2021 international $ | +2.7% |
| 2022 | 76,735 constant 2021 international $ | +3.5% |
| 2023 | 79,581 constant 2021 international $ | +3.7% |
| 2024 | 80,997 constant 2021 international $ | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 88,642 constant 2021 international $ | 80,632 constant 2021 international $ | 92,344 constant 2021 international $ | 4 |
| 2010s | 74,687 constant 2021 international $ | 72,989 constant 2021 international $ | 77,477 constant 2021 international $ | 10 |
| 2020s | 76,731 constant 2021 international $ | 72,183 constant 2021 international $ | 80,997 constant 2021 international $ | 5 |
Countries ranked near Cayman Islands
- 7 Norway 95,173 constant 2021 international $ compare
- 8 Switzerland 85,732 constant 2021 international $ compare
- 9 Guyana 83,659 constant 2021 international $ compare
- 11 Brunei 78,985 constant 2021 international $ compare
- 12 United States 76,931 constant 2021 international $ compare
- 13 Denmark 72,723 constant 2021 international $ compare
More economy & growth data for Cayman Islands
- Gdp worldbank constant usd, per unit of GDP 0.8091 units per US$ of GDP (2024)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.14 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 0.8333 (2025)
- GNI, Atlas method (current US$), annual growth rate 12.89 % change on previous year (2024)
- US dollar per domestic currency (End-of-period (EoP)) 1.2 (2025)
- GDP (constant LCU), per capita 70,318 constant LCU per person (2024)
- GDP (constant LCU), per unit of GDP 0.6742 constant LCU per US$ of GDP (2024)
- Gdp worldbank constant usd, annual growth rate 3.76 % change on previous year (2024)
- GDP (constant LCU), annual growth rate 3.76 % change on previous year (2024)
- GDP (constant 2015 US$), annual growth rate 3.76 % change on previous year (2024)
Frequently asked questions
- What is gdp per capita, ppp in Cayman Islands?
- Gdp per capita, ppp in Cayman Islands was 80,997 constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp per capita, ppp recorded in Cayman Islands?
- The highest recorded value was 92,344 constant 2021 international $ in 2007.
- What is the lowest gdp per capita, ppp recorded in Cayman Islands?
- The lowest recorded value was 72,183 constant 2021 international $ in 2020.
- How does Cayman Islands rank for gdp per capita, ppp?
- Cayman Islands ranks 10th out of 199 countries with data for 2024.
- Is gdp per capita, ppp rising or falling in Cayman Islands?
- Over the last ten years it is up 10.9%. The long-run trend across the full record is falling.
- Where does this Cayman Islands data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GDP per capita, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross domestic product (GDP) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.