Goods exports (BoP, current US$), per unit of GDP in Cayman Islands
Cayman Islands: Goods exports (BoP, current US$), per unit of GDP was 0.0346 BoP, current US$ per US$ of GDP in 2024. ◆ Volatile
Goods exports (BoP, current US$), per unit of GDP in Cayman Islands, 2016–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Cayman Islands recorded 0.0346 BoP, current US$ per US$ of GDP for goods exports (bop, current us$), per unit of gdp in 2024.
That represents a change of up 31.6% on the previous year and down 73.2% over ten years.
Over the whole period, goods exports (bop, current us$), per unit of gdp in Cayman Islands peaked at 0.1293 BoP, current US$ per US$ of GDP in 2016 and was at its lowest, 0.0162 BoP, current US$ per US$ of GDP, in 2020.
That places Cayman Islands 189th out of 199 countries with data for 2024, putting it in the bottom quarter.
Goods exports (BoP, current US$), per unit of GDP in Cayman Islands, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2016 | 0.1293 BoP, current US$ per US$ of GDP | — |
| 2017 | 0.0717 BoP, current US$ per US$ of GDP | -44.5% |
| 2018 | 0.056 BoP, current US$ per US$ of GDP | -22.0% |
| 2019 | 0.0731 BoP, current US$ per US$ of GDP | +30.6% |
| 2020 | 0.0162 BoP, current US$ per US$ of GDP | -77.8% |
| 2021 | 0.0168 BoP, current US$ per US$ of GDP | +3.8% |
| 2022 | 0.0186 BoP, current US$ per US$ of GDP | +10.7% |
| 2023 | 0.0263 BoP, current US$ per US$ of GDP | +41.0% |
| 2024 | 0.0346 BoP, current US$ per US$ of GDP | +31.6% |
Cayman Islands compared with similar countries
- Cayman Islands's 0.0346 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.2502 BoP, current US$ per US$ of GDP, 14% of the median. (72 countries reporting)
- Cayman Islands's 0.0346 BoP, current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.137 BoP, current US$ per US$ of GDP, 25% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0825 BoP, current US$ per US$ of GDP | 0.056 BoP, current US$ per US$ of GDP | 0.1293 BoP, current US$ per US$ of GDP | 4 |
| 2020s | 0.0225 BoP, current US$ per US$ of GDP | 0.0162 BoP, current US$ per US$ of GDP | 0.0346 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Cayman Islands
- 186 Ethiopia 0.0373 BoP, current US$ per US$ of GDP compare
- 187 Nepal 0.0357 BoP, current US$ per US$ of GDP compare
- 188 Sao Tome and Principe 0.0356 BoP, current US$ per US$ of GDP compare
- 190 French Polynesia 0.0324 BoP, current US$ per US$ of GDP
- 191 Haiti 0.0316 BoP, current US$ per US$ of GDP compare
- 192 Comoros 0.0219 BoP, current US$ per US$ of GDP compare
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), 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 goods exports (bop, current us$), per unit of gdp in Cayman Islands?
- Goods exports (bop, current us$), per unit of gdp in Cayman Islands was 0.0346 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest goods exports (bop, current us$), per unit of gdp recorded in Cayman Islands?
- The highest recorded value was 0.1293 BoP, current US$ per US$ of GDP in 2016.
- What is the lowest goods exports (bop, current us$), per unit of gdp recorded in Cayman Islands?
- The lowest recorded value was 0.0162 BoP, current US$ per US$ of GDP in 2020.
- How does Cayman Islands rank for goods exports (bop, current us$), per unit of gdp?
- Cayman Islands ranks 189th out of 199 countries with data for 2024.
- Is goods exports (bop, current us$), per unit of gdp rising or falling in Cayman Islands?
- Over the last ten years it is down 73.2%. The long-run trend across the full record is volatile.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of Goods exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.