Gross domestic product (GDP) (National statistical) in Cayman Islands
Cayman Islands: Gross domestic product (GDP) (National statistical) was 6.28 billion constant 2015 US$ in 2024. ▲ Rising
Gross domestic product (GDP) in Cayman Islands, 2006–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data. Measured in constant 2015 US$.
Analysis
In 2024, gross domestic product (gdp) in Cayman Islands stood at 6.28 billion constant 2015 US$. That is the highest value across all 19 years on record.
The figure is up 3.8% on the previous year and up 37.2% over ten years.
Over the whole period, gross domestic product (gdp) in Cayman Islands peaked at 6.28 billion constant 2015 US$ in 2024 and was at its lowest, 4.30 billion constant 2015 US$, in 2010.
Cayman Islands ranks 161st of 209 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Gross domestic product (GDP) (National statistical) in Cayman Islands, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2006 | 4.63 billion constant 2015 US$ | — |
| 2007 | 4.78 billion constant 2015 US$ | +3.2% |
| 2008 | 4.76 billion constant 2015 US$ | -0.4% |
| 2009 | 4.42 billion constant 2015 US$ | -7.2% |
| 2010 | 4.30 billion constant 2015 US$ | -2.7% |
| 2011 | 4.35 billion constant 2015 US$ | +1.2% |
| 2012 | 4.40 billion constant 2015 US$ | +1.2% |
| 2013 | 4.46 billion constant 2015 US$ | +1.3% |
| 2014 | 4.58 billion constant 2015 US$ | +2.7% |
| 2015 | 4.71 billion constant 2015 US$ | +2.8% |
| 2016 | 4.86 billion constant 2015 US$ | +3.2% |
| 2017 | 5.02 billion constant 2015 US$ | +3.2% |
| 2018 | 5.23 billion constant 2015 US$ | +4.3% |
| 2019 | 5.43 billion constant 2015 US$ | +3.9% |
| 2020 | 5.17 billion constant 2015 US$ | -5.0% |
| 2021 | 5.42 billion constant 2015 US$ | +4.9% |
| 2022 | 5.72 billion constant 2015 US$ | +5.7% |
| 2023 | 6.06 billion constant 2015 US$ | +5.8% |
| 2024 | 6.28 billion constant 2015 US$ | +3.8% |
Cayman Islands compared with similar countries
- Cayman Islands's 6.28 billion constant 2015 US$ is below the median for high income countries, which is 76.03 billion constant 2015 US$, 8% of the median. (80 countries reporting)
- Cayman Islands's 6.28 billion constant 2015 US$ is below the median for Latin America & Caribbean, which is 25.54 billion constant 2015 US$, 25% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.65 billion constant 2015 US$ | 4.42 billion constant 2015 US$ | 4.78 billion constant 2015 US$ | 4 |
| 2010s | 4.73 billion constant 2015 US$ | 4.30 billion constant 2015 US$ | 5.43 billion constant 2015 US$ | 10 |
| 2020s | 5.73 billion constant 2015 US$ | 5.17 billion constant 2015 US$ | 6.28 billion constant 2015 US$ | 5 |
Countries ranked near Cayman Islands
- 158 Isle of Man 7.10 billion constant 2015 US$ compare
- 159 Maldives 6.62 billion constant 2015 US$ compare
- 160 Barbados 6.50 billion constant 2015 US$ compare
- 162 French Polynesia 5.87 billion constant 2015 US$ compare
- 163 Guam 5.72 billion constant 2015 US$ compare
- 164 Fiji 5.69 billion constant 2015 US$ compare
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps -1.74 billion BoP, current US$ (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 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 inflows 40.9% (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 270.42 million current US$ (2025)
- Total reserves 270.42 million includes gold, current US$ (2025)
- Inflation, GDP deflator 2.4% (2024)
Frequently asked questions
- What is gross domestic product (gdp) in Cayman Islands?
- Gross domestic product (gdp) in Cayman Islands was 6.28 billion constant 2015 US$ in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with minor processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Cayman Islands?
- The highest recorded value was 6.28 billion constant 2015 US$ in 2024.
- What is the lowest gross domestic product (gdp) recorded in Cayman Islands?
- The lowest recorded value was 4.30 billion constant 2015 US$ in 2010.
- How does Cayman Islands rank for gross domestic product (gdp)?
- Cayman Islands ranks 161st out of 209 countries with data for 2024.
- Is gross domestic product (gdp) rising or falling in Cayman Islands?
- Over the last ten years it is up 37.2%. The long-run trend across the full record is rising.
- 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) – with minor processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted by inflation but _does not_ account for differences in living costs between countries.