Gross Domestic Product — Value Standard Local Currency, 2015 prices in Cayman Islands
Cayman Islands: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.0687 million SLC per person in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Cayman Islands, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in Cayman Islands is 0.0687 million SLC per person, measured in 2024.
That represents a change of up 1.4% on the previous year and up 8.2% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Cayman Islands peaked at 0.0854 million SLC per person in 1998 and was at its lowest, 0.027 million SLC per person, in 1971.
Cayman Islands ranks 94th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Cayman Islands, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0277 million SLC per person | — |
| 1971 | 0.027 million SLC per person | -2.2% |
| 1972 | 0.0276 million SLC per person | +2.0% |
| 1973 | 0.0298 million SLC per person | +8.2% |
| 1974 | 0.0311 million SLC per person | +4.2% |
| 1975 | 0.0325 million SLC per person | +4.5% |
| 1976 | 0.0341 million SLC per person | +4.8% |
| 1977 | 0.0358 million SLC per person | +5.2% |
| 1978 | 0.0378 million SLC per person | +5.6% |
| 1979 | 0.04 million SLC per person | +5.7% |
| 1980 | 0.0421 million SLC per person | +5.2% |
| 1981 | 0.0441 million SLC per person | +4.8% |
| 1982 | 0.0463 million SLC per person | +4.9% |
| 1983 | 0.0501 million SLC per person | +8.2% |
| 1984 | 0.0516 million SLC per person | +2.9% |
| 1985 | 0.0512 million SLC per person | -0.8% |
| 1986 | 0.053 million SLC per person | +3.6% |
| 1987 | 0.0557 million SLC per person | +5.2% |
| 1988 | 0.0613 million SLC per person | +10.0% |
| 1989 | 0.0643 million SLC per person | +4.8% |
| 1990 | 0.0696 million SLC per person | +8.3% |
| 1991 | 0.0672 million SLC per person | -3.5% |
| 1992 | 0.066 million SLC per person | -1.7% |
| 1993 | 0.0661 million SLC per person | +0.0% |
| 1994 | 0.0665 million SLC per person | +0.7% |
| 1995 | 0.0668 million SLC per person | +0.4% |
| 1996 | 0.0672 million SLC per person | +0.7% |
| 1997 | 0.0681 million SLC per person | +1.3% |
| 1998 | 0.0854 million SLC per person | +25.4% |
| 1999 | 0.0852 million SLC per person | -0.3% |
| 2000 | 0.083 million SLC per person | -2.6% |
| 2001 | 0.0806 million SLC per person | -2.9% |
| 2002 | 0.0792 million SLC per person | -1.7% |
| 2003 | 0.0782 million SLC per person | -1.3% |
| 2004 | 0.0764 million SLC per person | -2.3% |
| 2005 | 0.0789 million SLC per person | +3.2% |
| 2006 | 0.0801 million SLC per person | +1.5% |
| 2007 | 0.0784 million SLC per person | -2.1% |
| 2008 | 0.0776 million SLC per person | -1.0% |
| 2009 | 0.07 million SLC per person | -9.8% |
| 2010 | 0.0662 million SLC per person | -5.4% |
| 2011 | 0.0652 million SLC per person | -1.6% |
| 2012 | 0.0642 million SLC per person | -1.5% |
| 2013 | 0.0634 million SLC per person | -1.3% |
| 2014 | 0.0634 million SLC per person | +0.1% |
| 2015 | 0.0636 million SLC per person | +0.4% |
| 2016 | 0.0642 million SLC per person | +0.9% |
| 2017 | 0.0648 million SLC per person | +0.9% |
| 2018 | 0.0661 million SLC per person | +2.0% |
| 2019 | 0.0673 million SLC per person | +1.8% |
| 2020 | 0.0627 million SLC per person | -6.8% |
| 2021 | 0.0644 million SLC per person | +2.8% |
| 2022 | 0.0663 million SLC per person | +3.0% |
| 2023 | 0.0677 million SLC per person | +2.1% |
| 2024 | 0.0687 million SLC per person | +1.4% |
Cayman Islands compared with similar countries
- Cayman Islands's 0.0687 million SLC per person is above the median for high income countries, which is 0.0532 million SLC per person, 1.3× the median. (73 countries reporting)
- Cayman Islands's 0.0687 million SLC per person is above the median for Latin America & Caribbean, which is 0.0461 million SLC per person, 1.5× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0323 million SLC per person | 0.027 million SLC per person | 0.04 million SLC per person | 10 |
| 1980s | 0.052 million SLC per person | 0.0421 million SLC per person | 0.0643 million SLC per person | 10 |
| 1990s | 0.0708 million SLC per person | 0.066 million SLC per person | 0.0854 million SLC per person | 10 |
| 2000s | 0.0782 million SLC per person | 0.07 million SLC per person | 0.083 million SLC per person | 10 |
| 2010s | 0.0648 million SLC per person | 0.0634 million SLC per person | 0.0673 million SLC per person | 10 |
| 2020s | 0.066 million SLC per person | 0.0627 million SLC per person | 0.0687 million SLC per person | 5 |
Countries ranked near Cayman Islands
- 91 South Africa 0.0727 million SLC per person compare
- 92 Moldova 0.0723 million SLC per person compare
- 93 Botswana 0.0699 million SLC per person compare
- 95 Poland 0.0677 million SLC per person compare
- 96 United States 0.0667 million SLC per person compare
- 97 Nicaragua 0.0615 million SLC 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 — value standard local currency, 2015 prices in Cayman Islands?
- Gross domestic product — value standard local currency, 2015 prices in Cayman Islands was 0.0687 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Cayman Islands?
- The highest recorded value was 0.0854 million SLC per person in 1998.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Cayman Islands?
- The lowest recorded value was 0.027 million SLC per person in 1971.
- How does Cayman Islands rank for gross domestic product — value standard local currency, 2015 prices?
- Cayman Islands ranks 94th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Cayman Islands?
- Over the last ten years it is up 8.2%. 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 Gross Domestic Product — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- 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 — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.