Gross Domestic Product — Value Standard Local Currency, 2015 prices in Cayman Islands
Cayman Islands: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 20.61 million SLC per square kilometre in 2023. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Cayman Islands, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross domestic product — value standard local currency, 2015 prices in Cayman Islands stood at 20.61 million SLC per square kilometre. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 33.1% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Cayman Islands peaked at 20.61 million SLC per square kilometre in 2023 and was at its lowest, 1.21 million SLC per square kilometre, in 1970.
That places Cayman Islands 71st out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Cayman Islands, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 1.21 million SLC per square kilometre | — |
| 1971 | 1.25 million SLC per square kilometre | +3.2% |
| 1972 | 1.35 million SLC per square kilometre | +8.1% |
| 1973 | 1.55 million SLC per square kilometre | +14.3% |
| 1974 | 1.7 million SLC per square kilometre | +9.9% |
| 1975 | 1.87 million SLC per square kilometre | +9.9% |
| 1976 | 2.05 million SLC per square kilometre | +9.9% |
| 1977 | 2.26 million SLC per square kilometre | +9.9% |
| 1978 | 2.48 million SLC per square kilometre | +9.9% |
| 1979 | 2.72 million SLC per square kilometre | +9.9% |
| 1980 | 2.99 million SLC per square kilometre | +9.9% |
| 1981 | 3.29 million SLC per square kilometre | +9.9% |
| 1982 | 3.62 million SLC per square kilometre | +9.9% |
| 1983 | 4.09 million SLC per square kilometre | +13.1% |
| 1984 | 4.39 million SLC per square kilometre | +7.4% |
| 1985 | 4.55 million SLC per square kilometre | +3.5% |
| 1986 | 4.9 million SLC per square kilometre | +7.8% |
| 1987 | 5.36 million SLC per square kilometre | +9.3% |
| 1988 | 6.12 million SLC per square kilometre | +14.2% |
| 1989 | 6.66 million SLC per square kilometre | +8.8% |
| 1990 | 7.54 million SLC per square kilometre | +13.2% |
| 1991 | 7.64 million SLC per square kilometre | +1.3% |
| 1992 | 7.87 million SLC per square kilometre | +3.1% |
| 1993 | 8.25 million SLC per square kilometre | +4.8% |
| 1994 | 8.69 million SLC per square kilometre | +5.3% |
| 1995 | 9.11 million SLC per square kilometre | +4.8% |
| 1996 | 9.56 million SLC per square kilometre | +5.0% |
| 1997 | 10.09 million SLC per square kilometre | +5.5% |
| 1998 | 13.14 million SLC per square kilometre | +30.3% |
| 1999 | 13.59 million SLC per square kilometre | +3.4% |
| 2000 | 13.72 million SLC per square kilometre | +1.0% |
| 2001 | 13.8 million SLC per square kilometre | +0.6% |
| 2002 | 14.03 million SLC per square kilometre | +1.7% |
| 2003 | 14.31 million SLC per square kilometre | +2.0% |
| 2004 | 14.44 million SLC per square kilometre | +0.9% |
| 2005 | 15.38 million SLC per square kilometre | +6.5% |
| 2006 | 16.09 million SLC per square kilometre | +4.6% |
| 2007 | 16.22 million SLC per square kilometre | +0.8% |
| 2008 | 16.54 million SLC per square kilometre | +1.9% |
| 2009 | 15.35 million SLC per square kilometre | -7.2% |
| 2010 | 14.93 million SLC per square kilometre | -2.7% |
| 2011 | 15.1 million SLC per square kilometre | +1.2% |
| 2012 | 15.29 million SLC per square kilometre | +1.2% |
| 2013 | 15.49 million SLC per square kilometre | +1.3% |
| 2014 | 15.9 million SLC per square kilometre | +2.7% |
| 2015 | 16.35 million SLC per square kilometre | +2.8% |
| 2016 | 16.88 million SLC per square kilometre | +3.2% |
| 2017 | 17.41 million SLC per square kilometre | +3.2% |
| 2018 | 18.16 million SLC per square kilometre | +4.3% |
| 2019 | 18.87 million SLC per square kilometre | +3.9% |
| 2020 | 17.93 million SLC per square kilometre | -5.0% |
| 2021 | 18.81 million SLC per square kilometre | +4.9% |
| 2022 | 19.78 million SLC per square kilometre | +5.2% |
| 2023 | 20.61 million SLC per square kilometre | +4.2% |
Cayman Islands compared with similar countries
- Cayman Islands's 20.61 million SLC per square kilometre is above the median for high income countries, which is 9.64 million SLC per square kilometre, 2.1× the median. (73 countries reporting)
- Cayman Islands's 20.61 million SLC per square kilometre is above the median for Latin America & Caribbean, which is 10.06 million SLC per square kilometre, 2.0× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.84 million SLC per square kilometre | 1.21 million SLC per square kilometre | 2.72 million SLC per square kilometre | 10 |
| 1980s | 4.6 million SLC per square kilometre | 2.99 million SLC per square kilometre | 6.66 million SLC per square kilometre | 10 |
| 1990s | 9.55 million SLC per square kilometre | 7.54 million SLC per square kilometre | 13.59 million SLC per square kilometre | 10 |
| 2000s | 14.99 million SLC per square kilometre | 13.72 million SLC per square kilometre | 16.54 million SLC per square kilometre | 10 |
| 2010s | 16.44 million SLC per square kilometre | 14.93 million SLC per square kilometre | 18.87 million SLC per square kilometre | 10 |
| 2020s | 19.29 million SLC per square kilometre | 17.93 million SLC per square kilometre | 20.61 million SLC per square kilometre | 4 |
Countries ranked near Cayman Islands
- 68 Luxembourg 24.81 million SLC per square kilometre compare
- 69 Nepal 23.41 million SLC per square kilometre compare
- 70 United Arab Emirates 23.04 million SLC per square kilometre compare
- 72 Mongolia 19.54 million SLC per square kilometre compare
- 73 Switzerland 19.5 million SLC per square kilometre compare
- 74 Kazakhstan 19.48 million SLC per square kilometre 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 20.61 million SLC per square kilometre in 2023, 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 20.61 million SLC per square kilometre in 2023.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Cayman Islands?
- The lowest recorded value was 1.21 million SLC per square kilometre in 1970.
- How does Cayman Islands rank for gross domestic product — value standard local currency, 2015 prices?
- Cayman Islands ranks 71st out of 194 countries with data for 2023.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Cayman Islands?
- Over the last ten years it is up 33.1%. 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 Gross Domestic Product — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.