Gross domestic product (GDP), per capita in Cayman Islands
Cayman Islands: Gross domestic product (GDP), per capita was 80,997 international-$ in 2021 prices per person in 2024. ▼ Falling
Gross domestic product (GDP), per capita in Cayman Islands, 2006–2024
Source: Statizoid (derived). Measured in international-$ in 2021 prices per person.
Analysis
Cayman Islands recorded 80,997 international-$ in 2021 prices per person for gross domestic product (gdp), per capita in 2024.
The figure is up 1.8% on the previous year and up 10.9% over ten years.
Over the whole period, gross domestic product (gdp), per capita in Cayman Islands peaked at 92,344 international-$ in 2021 prices per person in 2007 and was at its lowest, 72,183 international-$ in 2021 prices per person, in 2020.
Cayman Islands ranks 10th of 198 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 19 years of available data.
Gross domestic product (GDP), per capita in Cayman Islands, year by year
| Year | international-$ in 2021 prices per person | Change |
|---|---|---|
| 2006 | 92,213 international-$ in 2021 prices per person | — |
| 2007 | 92,344 international-$ in 2021 prices per person | +0.1% |
| 2008 | 89,380 international-$ in 2021 prices per person | -3.2% |
| 2009 | 80,632 international-$ in 2021 prices per person | -9.8% |
| 2010 | 76,295 international-$ in 2021 prices per person | -5.4% |
| 2011 | 75,095 international-$ in 2021 prices per person | -1.6% |
| 2012 | 73,983 international-$ in 2021 prices per person | -1.5% |
| 2013 | 72,989 international-$ in 2021 prices per person | -1.3% |
| 2014 | 73,052 international-$ in 2021 prices per person | +0.1% |
| 2015 | 73,315 international-$ in 2021 prices per person | +0.4% |
| 2016 | 73,942 international-$ in 2021 prices per person | +0.9% |
| 2017 | 74,600 international-$ in 2021 prices per person | +0.9% |
| 2018 | 76,125 international-$ in 2021 prices per person | +2.0% |
| 2019 | 77,477 international-$ in 2021 prices per person | +1.8% |
| 2020 | 72,183 international-$ in 2021 prices per person | -6.8% |
| 2021 | 74,160 international-$ in 2021 prices per person | +2.7% |
| 2022 | 76,735 international-$ in 2021 prices per person | +3.5% |
| 2023 | 79,581 international-$ in 2021 prices per person | +3.7% |
| 2024 | 80,997 international-$ in 2021 prices per person | +1.8% |
Cayman Islands compared with similar countries
- Cayman Islands's 80,997 international-$ in 2021 prices per person is above the median for high income countries, which is 49,192 international-$ in 2021 prices per person, 1.6× the median. (74 countries reporting)
- Cayman Islands's 80,997 international-$ in 2021 prices per person is above the median for Latin America & Caribbean, which is 23,315 international-$ in 2021 prices per person, 3.5× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 88,642 international-$ in 2021 prices per person | 80,632 international-$ in 2021 prices per person | 92,344 international-$ in 2021 prices per person | 4 |
| 2010s | 74,687 international-$ in 2021 prices per person | 72,989 international-$ in 2021 prices per person | 77,477 international-$ in 2021 prices per person | 10 |
| 2020s | 76,731 international-$ in 2021 prices per person | 72,183 international-$ in 2021 prices per person | 80,997 international-$ in 2021 prices per person | 5 |
Countries ranked near Cayman Islands
- 7 Norway 95,174 international-$ in 2021 prices per person compare
- 8 Switzerland 85,732 international-$ in 2021 prices per person compare
- 9 Guyana 83,659 international-$ in 2021 prices per person compare
- 11 Brunei 78,985 international-$ in 2021 prices per person compare
- 12 United States 76,931 international-$ in 2021 prices per person compare
- 13 Denmark 72,723 international-$ in 2021 prices per person 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 gross domestic product (gdp), per capita in Cayman Islands?
- Gross domestic product (gdp), per capita in Cayman Islands was 80,997 international-$ in 2021 prices per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), per capita recorded in Cayman Islands?
- The highest recorded value was 92,344 international-$ in 2021 prices per person in 2007.
- What is the lowest gross domestic product (gdp), per capita recorded in Cayman Islands?
- The lowest recorded value was 72,183 international-$ in 2021 prices per person in 2020.
- How does Cayman Islands rank for gross domestic product (gdp), per capita?
- Cayman Islands ranks 10th out of 198 countries with data for 2024.
- Is gross domestic product (gdp), per capita rising or falling in Cayman Islands?
- Over the last ten years it is up 10.9%. The long-run trend across the full record is falling.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), per capita. Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic product (GDP) ÷ Population, total
Computed from
- Gross domestic product (GDP) Eurostat, OECD, IMF, and World Bank (2026) – with minor processing by Our World in Data
- Population, total World Population Prospects, United Nations (UN)
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
Gross domestic product (GDP) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.