GNI, PPP in Cayman Islands
Cayman Islands: GNI, PPP was 5.54 billion current international $ in 2024. ▲ Rising
GNI, PPP in Cayman Islands, 2010–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
Cayman Islands recorded 5.54 billion current international $ for gni, ppp in 2024. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 14.5% on the previous year and up 151.4% over ten years.
Over the whole period, gni, ppp in Cayman Islands peaked at 5.54 billion current international $ in 2024 and was at its lowest, 2.21 billion current international $, in 2014.
That places Cayman Islands 176th out of 203 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 15 years of available data.
GNI, PPP in Cayman Islands, year by year
| Year | current international $ | Change |
|---|---|---|
| 2010 | 3.40 billion current international $ | — |
| 2011 | 3.58 billion current international $ | +5.4% |
| 2012 | 2.50 billion current international $ | -30.1% |
| 2013 | 2.24 billion current international $ | -10.4% |
| 2014 | 2.21 billion current international $ | -1.6% |
| 2015 | 2.34 billion current international $ | +6.1% |
| 2016 | 2.62 billion current international $ | +11.9% |
| 2017 | 2.94 billion current international $ | +12.2% |
| 2018 | 3.31 billion current international $ | +12.4% |
| 2019 | 3.63 billion current international $ | +9.7% |
| 2020 | 3.44 billion current international $ | -5.1% |
| 2021 | 4.52 billion current international $ | +31.3% |
| 2022 | 4.63 billion current international $ | +2.4% |
| 2023 | 4.84 billion current international $ | +4.6% |
| 2024 | 5.54 billion current international $ | +14.5% |
Cayman Islands compared with similar countries
- Cayman Islands's 5.54 billion current international $ is below the median for high income countries, which is 259.43 billion current international $, 2% of the median. (73 countries reporting)
- Cayman Islands's 5.54 billion current international $ is below the median for Latin America & Caribbean, which is 64.33 billion current international $, 9% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.88 billion current international $ | 2.21 billion current international $ | 3.63 billion current international $ | 10 |
| 2020s | 4.59 billion current international $ | 3.44 billion current international $ | 5.54 billion current international $ | 5 |
Countries ranked near Cayman Islands
- 173 Andorra 6.71 billion current international $ compare
- 174 Cape Verde 6.33 billion current international $ compare
- 175 Belize 6.02 billion current international $ compare
- 177 Aruba 5.28 billion current international $ compare
- 178 Curacao 5.20 billion current international $ compare
- 179 Eritrea 5.16 billion current international $
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 23.72 million 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)
Frequently asked questions
- What is gni, ppp in Cayman Islands?
- Gni, ppp in Cayman Islands was 5.54 billion current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gni, ppp recorded in Cayman Islands?
- The highest recorded value was 5.54 billion current international $ in 2024.
- What is the lowest gni, ppp recorded in Cayman Islands?
- The lowest recorded value was 2.21 billion current international $ in 2014.
- How does Cayman Islands rank for gni, ppp?
- Cayman Islands ranks 176th out of 203 countries with data for 2024.
- Is gni, ppp rising or falling in Cayman Islands?
- Over the last ten years it is up 151.4%. 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, PPP (current international $). Statizoid updates them automatically from the source API.
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CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross national income (GNI) 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. 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.