Goods imports (BoP, current US$), per unit of GDP in Cayman Islands
Cayman Islands: Goods imports (BoP, current US$), per unit of GDP was 0.2287 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Goods imports (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
In 2024, goods imports (bop, current us$), per unit of gdp in Cayman Islands stood at 0.2287 BoP, current US$ per US$ of GDP.
That represents a change of up 1.9% on the previous year and up 22.3% over ten years.
Over the whole period, goods imports (bop, current us$), per unit of gdp in Cayman Islands peaked at 0.2417 BoP, current US$ per US$ of GDP in 2022 and was at its lowest, 0.1871 BoP, current US$ per US$ of GDP, in 2016.
Cayman Islands ranks 147th of 199 countries on this measure, in the middle of the range.
Goods imports (BoP, current US$), per unit of GDP in Cayman Islands, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2016 | 0.1871 BoP, current US$ per US$ of GDP | — |
| 2017 | 0.1922 BoP, current US$ per US$ of GDP | +2.7% |
| 2018 | 0.204 BoP, current US$ per US$ of GDP | +6.2% |
| 2019 | 0.2241 BoP, current US$ per US$ of GDP | +9.9% |
| 2020 | 0.2182 BoP, current US$ per US$ of GDP | -2.6% |
| 2021 | 0.2279 BoP, current US$ per US$ of GDP | +4.4% |
| 2022 | 0.2417 BoP, current US$ per US$ of GDP | +6.0% |
| 2023 | 0.2244 BoP, current US$ per US$ of GDP | -7.2% |
| 2024 | 0.2287 BoP, current US$ per US$ of GDP | +1.9% |
Cayman Islands compared with similar countries
- Cayman Islands's 0.2287 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.3181 BoP, current US$ per US$ of GDP, 72% of the median. (72 countries reporting)
- Cayman Islands's 0.2287 BoP, current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.3117 BoP, current US$ per US$ of GDP, 73% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.2018 BoP, current US$ per US$ of GDP | 0.1871 BoP, current US$ per US$ of GDP | 0.2241 BoP, current US$ per US$ of GDP | 4 |
| 2020s | 0.2282 BoP, current US$ per US$ of GDP | 0.2182 BoP, current US$ per US$ of GDP | 0.2417 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Cayman Islands
- 144 Dominican Republic 0.2338 BoP, current US$ per US$ of GDP compare
- 145 Azerbaijan 0.233 BoP, current US$ per US$ of GDP compare
- 146 Turkey 0.2306 BoP, current US$ per US$ of GDP compare
- 148 France 0.2287 BoP, current US$ per US$ of GDP compare
- 149 Gabon 0.2205 BoP, current US$ per US$ of GDP
- 150 Zimbabwe 0.2181 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 imports (bop, current us$), per unit of gdp in Cayman Islands?
- Goods imports (bop, current us$), per unit of gdp in Cayman Islands was 0.2287 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest goods imports (bop, current us$), per unit of gdp recorded in Cayman Islands?
- The highest recorded value was 0.2417 BoP, current US$ per US$ of GDP in 2022.
- What is the lowest goods imports (bop, current us$), per unit of gdp recorded in Cayman Islands?
- The lowest recorded value was 0.1871 BoP, current US$ per US$ of GDP in 2016.
- How does Cayman Islands rank for goods imports (bop, current us$), per unit of gdp?
- Cayman Islands ranks 147th out of 199 countries with data for 2024.
- Is goods imports (bop, current us$), per unit of gdp rising or falling in Cayman Islands?
- Over the last ten years it is up 22.3%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of Goods imports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Goods imports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Goods imports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Goods imports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.