GNI per capita, Atlas method in Cayman Islands
Cayman Islands: GNI per capita, Atlas method was 81,920 current US$ in 2024. ▲ Rising
GNI per capita, Atlas method in Cayman Islands, 2010–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gni per capita, atlas method in Cayman Islands is 81,920 current US$, measured in 2024. That is the highest value across all 15 years on record.
The figure is up 10.7% on the previous year and up 88.7% over ten years.
Over the whole period, gni per capita, atlas method in Cayman Islands peaked at 81,920 current US$ in 2024 and was at its lowest, 43,420 current US$, in 2014.
Cayman Islands ranks 10th of 208 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
GNI per capita, Atlas method in Cayman Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2010 | 73,550 current US$ | — |
| 2011 | 73,950 current US$ | +0.5% |
| 2012 | 51,150 current US$ | -30.8% |
| 2013 | 44,990 current US$ | -12.0% |
| 2014 | 43,420 current US$ | -3.5% |
| 2015 | 44,430 current US$ | +2.3% |
| 2016 | 47,830 current US$ | +7.7% |
| 2017 | 51,890 current US$ | +8.5% |
| 2018 | 57,880 current US$ | +11.5% |
| 2019 | 64,520 current US$ | +11.5% |
| 2020 | 62,420 current US$ | -3.3% |
| 2021 | 76,260 current US$ | +22.2% |
| 2022 | 73,960 current US$ | -3.0% |
| 2023 | 73,970 current US$ | +0.0% |
| 2024 | 81,920 current US$ | +10.7% |
Cayman Islands compared with similar countries
- Cayman Islands's 81,920 current US$ is above the median for high income countries, which is 37,020 current US$, 2.2× the median. (77 countries reporting)
- Cayman Islands's 81,920 current US$ is above the median for Latin America & Caribbean, which is 12,000 current US$, 6.8× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 55,361 current US$ | 43,420 current US$ | 73,950 current US$ | 10 |
| 2020s | 73,706 current US$ | 62,420 current US$ | 81,920 current US$ | 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 29.29 million current LCU (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 252.10 million current US$ (2024)
- Total reserves 252.10 million includes gold, current US$ (2024)
Frequently asked questions
- What is gni per capita, atlas method in Cayman Islands?
- Gni per capita, atlas method in Cayman Islands was 81,920 current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gni per capita, atlas method recorded in Cayman Islands?
- The highest recorded value was 81,920 current US$ in 2024.
- What is the lowest gni per capita, atlas method recorded in Cayman Islands?
- The lowest recorded value was 43,420 current US$ in 2014.
- How does Cayman Islands rank for gni per capita, atlas method?
- Cayman Islands ranks 10th out of 208 countries with data for 2024.
- Is gni per capita, atlas method rising or falling in Cayman Islands?
- Over the last ten years it is up 88.7%. The long-run trend across the full record is rising.
- 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 GNI per capita, Atlas method (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This figure is converted to U.S. dollars using the World Bank Atlas method, and divided by the midyear population. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.