GDP per capita, PPP in Cayman Islands
Cayman Islands: GDP per capita, PPP was 92,201 current international $ in 2024. ▲ Rising
GDP per capita, PPP in Cayman Islands, 2006–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
In 2024, gdp per capita, ppp in Cayman Islands stood at 92,201 current international $. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 4.3% on the previous year and up 45.1% over ten years.
Over the whole period, gdp per capita, ppp in Cayman Islands peaked at 92,201 current international $ in 2024 and was at its lowest, 63,560 current international $, in 2014.
That places Cayman Islands 11th out of 203 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 19 years of available data.
GDP per capita, PPP in Cayman Islands, year by year
| Year | current international $ | Change |
|---|---|---|
| 2006 | 75,191 current international $ | — |
| 2007 | 77,337 current international $ | +2.9% |
| 2008 | 76,298 current international $ | -1.3% |
| 2009 | 69,254 current international $ | -9.2% |
| 2010 | 66,326 current international $ | -4.2% |
| 2011 | 66,629 current international $ | +0.5% |
| 2012 | 64,726 current international $ | -2.9% |
| 2013 | 63,648 current international $ | -1.7% |
| 2014 | 63,560 current international $ | -0.1% |
| 2015 | 64,009 current international $ | +0.7% |
| 2016 | 65,680 current international $ | +2.6% |
| 2017 | 68,018 current international $ | +3.6% |
| 2018 | 71,812 current international $ | +5.6% |
| 2019 | 72,697 current international $ | +1.2% |
| 2020 | 66,119 current international $ | -9.0% |
| 2021 | 74,160 current international $ | +12.2% |
| 2022 | 82,193 current international $ | +10.8% |
| 2023 | 88,395 current international $ | +7.5% |
| 2024 | 92,201 current international $ | +4.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 74,520 current international $ | 69,254 current international $ | 77,337 current international $ | 4 |
| 2010s | 66,711 current international $ | 63,560 current international $ | 72,697 current international $ | 10 |
| 2020s | 80,614 current international $ | 66,119 current international $ | 92,201 current international $ | 5 |
Countries ranked near Cayman Islands
- 8 Switzerland 102,513 current international $ compare
- 9 Guyana 97,899 current international $ compare
- 10 Brunei Darussalam 92,430 current international $ compare
- 12 United States 90,026 current international $ compare
- 13 Netherlands 87,320 current international $ compare
- 14 Iceland 83,431 current international $ compare
More economy & growth data for Cayman Islands
- US dollar per domestic currency (End-of-period (EoP)) 1.2 (2025)
- Taxes less subsidies on products (current LCU), per capita 4,661 current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.8762 (2025)
- 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)
- Gdp worldbank constant usd, per capita 84,382 units per person (2024)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0447 current LCU per US$ of GDP (2024)
- Gdp worldbank constant usd, per unit of GDP 0.8091 units per US$ of GDP (2024)
Frequently asked questions
- What is gdp per capita, ppp in Cayman Islands?
- Gdp per capita, ppp in Cayman Islands was 92,201 current 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 92,201 current international $ in 2024.
- What is the lowest gdp per capita, ppp recorded in Cayman Islands?
- The lowest recorded value was 63,560 current international $ in 2014.
- How does Cayman Islands rank for gdp per capita, ppp?
- Cayman Islands ranks 11th out of 203 countries with data for 2024.
- Is gdp per capita, ppp rising or falling in Cayman Islands?
- Over the last ten years it is up 45.1%. The long-run trend across the full record is rising.
- 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 (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for gross domestic product (GDP) per person expressed in current 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. 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. 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.