Gross Domestic Product — Value US$, 2015 prices, per capita in Cayman Islands
Cayman Islands: Gross Domestic Product — Value US$, 2015 prices, per capita was 0.0824 million USD per person in 2024. ▲ Rising
Gross Domestic Product — Value US$, 2015 prices, per capita in Cayman Islands, 1970–2024
Source: Statizoid (derived). Measured in million USD per person.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices, per capita in Cayman Islands is 0.0824 million USD 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 us$, 2015 prices, per capita in Cayman Islands peaked at 0.1025 million USD per person in 1998 and was at its lowest, 0.0325 million USD per person, in 1971.
That places Cayman Islands 7th out of 194 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices, per capita in Cayman Islands, year by year
| Year | million USD per person | Change |
|---|---|---|
| 1970 | 0.0332 million USD per person | — |
| 1971 | 0.0325 million USD per person | -2.2% |
| 1972 | 0.0331 million USD per person | +2.0% |
| 1973 | 0.0358 million USD per person | +8.2% |
| 1974 | 0.0373 million USD per person | +4.2% |
| 1975 | 0.039 million USD per person | +4.5% |
| 1976 | 0.0409 million USD per person | +4.8% |
| 1977 | 0.043 million USD per person | +5.2% |
| 1978 | 0.0454 million USD per person | +5.6% |
| 1979 | 0.048 million USD per person | +5.7% |
| 1980 | 0.0505 million USD per person | +5.2% |
| 1981 | 0.0529 million USD per person | +4.8% |
| 1982 | 0.0555 million USD per person | +4.9% |
| 1983 | 0.0601 million USD per person | +8.2% |
| 1984 | 0.0619 million USD per person | +2.9% |
| 1985 | 0.0614 million USD per person | -0.8% |
| 1986 | 0.0636 million USD per person | +3.6% |
| 1987 | 0.0669 million USD per person | +5.2% |
| 1988 | 0.0736 million USD per person | +10.0% |
| 1989 | 0.0771 million USD per person | +4.8% |
| 1990 | 0.0835 million USD per person | +8.3% |
| 1991 | 0.0806 million USD per person | -3.5% |
| 1992 | 0.0792 million USD per person | -1.7% |
| 1993 | 0.0793 million USD per person | +0.0% |
| 1994 | 0.0798 million USD per person | +0.7% |
| 1995 | 0.0801 million USD per person | +0.4% |
| 1996 | 0.0807 million USD per person | +0.7% |
| 1997 | 0.0817 million USD per person | +1.3% |
| 1998 | 0.1025 million USD per person | +25.4% |
| 1999 | 0.1022 million USD per person | -0.3% |
| 2000 | 0.0996 million USD per person | -2.6% |
| 2001 | 0.0967 million USD per person | -2.9% |
| 2002 | 0.0951 million USD per person | -1.7% |
| 2003 | 0.0938 million USD per person | -1.3% |
| 2004 | 0.0917 million USD per person | -2.3% |
| 2005 | 0.0947 million USD per person | +3.2% |
| 2006 | 0.0961 million USD per person | +1.5% |
| 2007 | 0.094 million USD per person | -2.1% |
| 2008 | 0.0931 million USD per person | -1.0% |
| 2009 | 0.084 million USD per person | -9.8% |
| 2010 | 0.0795 million USD per person | -5.4% |
| 2011 | 0.0782 million USD per person | -1.6% |
| 2012 | 0.0771 million USD per person | -1.5% |
| 2013 | 0.076 million USD per person | -1.3% |
| 2014 | 0.0761 million USD per person | +0.1% |
| 2015 | 0.0764 million USD per person | +0.4% |
| 2016 | 0.077 million USD per person | +0.9% |
| 2017 | 0.0777 million USD per person | +0.9% |
| 2018 | 0.0793 million USD per person | +2.0% |
| 2019 | 0.0807 million USD per person | +1.8% |
| 2020 | 0.0752 million USD per person | -6.8% |
| 2021 | 0.0773 million USD per person | +2.8% |
| 2022 | 0.0796 million USD per person | +3.0% |
| 2023 | 0.0813 million USD per person | +2.1% |
| 2024 | 0.0824 million USD per person | +1.4% |
Cayman Islands compared with similar countries
- Cayman Islands's 0.0824 million USD per person is above the median for high income countries, which is 0.0304 million USD per person, 2.7× the median. (73 countries reporting)
- Cayman Islands's 0.0824 million USD per person is above the median for Latin America & Caribbean, which is 0.0111 million USD per person, 7.4× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0388 million USD per person | 0.0325 million USD per person | 0.048 million USD per person | 10 |
| 1980s | 0.0624 million USD per person | 0.0505 million USD per person | 0.0771 million USD per person | 10 |
| 1990s | 0.085 million USD per person | 0.0792 million USD per person | 0.1025 million USD per person | 10 |
| 2000s | 0.0939 million USD per person | 0.084 million USD per person | 0.0996 million USD per person | 10 |
| 2010s | 0.0778 million USD per person | 0.076 million USD per person | 0.0807 million USD per person | 10 |
| 2020s | 0.0791 million USD per person | 0.0752 million USD per person | 0.0824 million USD per person | 5 |
Countries ranked near Cayman Islands
- 4 Luxembourg 0.1058 million USD per person compare
- 5 Ireland 0.0913 million USD per person compare
- 6 Switzerland 0.0901 million USD per person compare
- 8 Norway 0.0798 million USD per person compare
- 9 Singapore 0.0669 million USD per person compare
- 10 United States 0.0667 million USD 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 us$, 2015 prices, per capita in Cayman Islands?
- Gross domestic product — value us$, 2015 prices, per capita in Cayman Islands was 0.0824 million USD per person in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, per capita recorded in Cayman Islands?
- The highest recorded value was 0.1025 million USD per person in 1998.
- What is the lowest gross domestic product — value us$, 2015 prices, per capita recorded in Cayman Islands?
- The lowest recorded value was 0.0325 million USD per person in 1971.
- How does Cayman Islands rank for gross domestic product — value us$, 2015 prices, per capita?
- Cayman Islands ranks 7th out of 194 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices, per capita 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 US$, 2015 prices, per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Domestic Product — Value US$, 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 US$, 2015 prices ÷ Population, total
Computed from
- Gross Domestic Product — Value US$, 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 US$, 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.