GNI per capita, PPP in Cayman Islands
Cayman Islands: GNI per capita, PPP was 74,470 current international $ in 2024. ▲ Rising
GNI per capita, PPP in Cayman Islands, 2010–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
In 2024, gni per capita, ppp in Cayman Islands stood at 74,470 current international $. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 12.4% on the previous year and up 103.1% over ten years.
Over the whole period, gni per capita, ppp in Cayman Islands peaked at 74,470 current international $ in 2024 and was at its lowest, 36,670 current international $, in 2014.
Cayman Islands ranks 23rd of 203 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 15 years of available data.
GNI per capita, PPP in Cayman Islands, year by year
| Year | current international $ | Change |
|---|---|---|
| 2010 | 62,770 current international $ | — |
| 2011 | 64,370 current international $ | +2.5% |
| 2012 | 43,820 current international $ | -31.9% |
| 2013 | 38,230 current international $ | -12.8% |
| 2014 | 36,670 current international $ | -4.1% |
| 2015 | 37,970 current international $ | +3.5% |
| 2016 | 41,510 current international $ | +9.3% |
| 2017 | 45,560 current international $ | +9.8% |
| 2018 | 50,130 current international $ | +10.0% |
| 2019 | 53,880 current international $ | +7.5% |
| 2020 | 50,100 current international $ | -7.0% |
| 2021 | 64,430 current international $ | +28.6% |
| 2022 | 64,620 current international $ | +0.3% |
| 2023 | 66,280 current international $ | +2.6% |
| 2024 | 74,470 current international $ | +12.4% |
Cayman Islands compared with similar countries
- Cayman Islands's 74,470 current international $ is above the median for high income countries, which is 58,920 current international $, 1.3× the median. (73 countries reporting)
- Cayman Islands's 74,470 current international $ is above the median for Latin America & Caribbean, which is 24,955 current international $, 3.0× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 47,491 current international $ | 36,670 current international $ | 64,370 current international $ | 10 |
| 2020s | 63,980 current international $ | 50,100 current international $ | 74,470 current international $ | 5 |
Countries ranked near Cayman Islands
- 20 Austria 77,010 current international $ compare
- 21 Sweden 76,090 current international $ compare
- 22 Belgium 75,620 current international $ compare
- 24 Saudi Arabia 74,400 current international $ compare
- 25 San Marino 71,920 current international $ compare
- 26 Australia 69,930 current international $ compare
More economy & growth data for Cayman Islands
- 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 inflows (BoP, current US$), gaps filled 3.18 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps -1.74 billion BoP, current US$ (2024)
- Services, value added 86.5% (2024)
- Industry (including construction), value added 7.6% (2024)
- Services, value added 6.72 billion current US$ (2024)
- Services, value added 5.60 billion current LCU (2024)
- Foreign direct investment, net inflows 40.9% (2024)
- Foreign direct investment, net inflows 3.18 billion BoP, current US$ (2024)
Frequently asked questions
- What is gni per capita, ppp in Cayman Islands?
- Gni per capita, ppp in Cayman Islands was 74,470 current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni per capita, ppp recorded in Cayman Islands?
- The highest recorded value was 74,470 current international $ in 2024.
- What is the lowest gni per capita, ppp recorded in Cayman Islands?
- The lowest recorded value was 36,670 current international $ in 2014.
- How does Cayman Islands rank for gni per capita, ppp?
- Cayman Islands ranks 23rd out of 203 countries with data for 2024.
- Is gni per capita, ppp rising or falling in Cayman Islands?
- Over the last ten years it is up 103.1%. 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 GNI 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 national income (GNI) 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 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. The core indicator has been divided by the general population to achieve a per capita estimate. 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. 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.