Gross Domestic Product — Value US$ per capita, 2015 prices in Cayman Islands
Cayman Islands: Gross Domestic Product — Value US$ per capita, 2015 prices was 82,382 USD in 2024. ▲ Rising
Gross Domestic Product — Value US$ per capita, 2015 prices in Cayman Islands, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
The most recent figure for gross domestic product — value us$ per capita, 2015 prices in Cayman Islands is 82,382 USD, measured in 2024.
The figure is up 1.4% on the previous year and up 8.2% over ten years.
Over the whole period, gross domestic product — value us$ per capita, 2015 prices in Cayman Islands peaked at 102,507 USD in 1998 and was at its lowest, 32,459 USD, in 1971.
That places Cayman Islands 7th out of 195 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$ per capita, 2015 prices in Cayman Islands, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 33,198 USD | — |
| 1971 | 32,459 USD | -2.2% |
| 1972 | 33,104 USD | +2.0% |
| 1973 | 35,800 USD | +8.1% |
| 1974 | 37,318 USD | +4.2% |
| 1975 | 39,007 USD | +4.5% |
| 1976 | 40,895 USD | +4.8% |
| 1977 | 43,006 USD | +5.2% |
| 1978 | 45,392 USD | +5.6% |
| 1979 | 47,984 USD | +5.7% |
| 1980 | 50,487 USD | +5.2% |
| 1981 | 52,925 USD | +4.8% |
| 1982 | 55,545 USD | +5.0% |
| 1983 | 60,110 USD | +8.2% |
| 1984 | 61,875 USD | +2.9% |
| 1985 | 61,407 USD | -0.8% |
| 1986 | 63,598 USD | +3.6% |
| 1987 | 66,879 USD | +5.2% |
| 1988 | 73,574 USD | +10.0% |
| 1989 | 77,107 USD | +4.8% |
| 1990 | 83,505 USD | +8.3% |
| 1991 | 80,611 USD | -3.5% |
| 1992 | 79,239 USD | -1.7% |
| 1993 | 79,279 USD | +0.0% |
| 1994 | 79,821 USD | +0.7% |
| 1995 | 80,102 USD | +0.4% |
| 1996 | 80,652 USD | +0.7% |
| 1997 | 81,735 USD | +1.3% |
| 1998 | 102,507 USD | +25.4% |
| 1999 | 102,205 USD | -0.3% |
| 2000 | 99,590 USD | -2.6% |
| 2001 | 96,696 USD | -2.9% |
| 2002 | 95,068 USD | -1.7% |
| 2003 | 93,833 USD | -1.3% |
| 2004 | 91,718 USD | -2.3% |
| 2005 | 94,676 USD | +3.2% |
| 2006 | 96,067 USD | +1.5% |
| 2007 | 94,029 USD | -2.1% |
| 2008 | 93,114 USD | -1.0% |
| 2009 | 84,001 USD | -9.8% |
| 2010 | 79,484 USD | -5.4% |
| 2011 | 78,232 USD | -1.6% |
| 2012 | 77,075 USD | -1.5% |
| 2013 | 76,039 USD | -1.3% |
| 2014 | 76,104 USD | +0.1% |
| 2015 | 76,379 USD | +0.4% |
| 2016 | 77,031 USD | +0.9% |
| 2017 | 77,717 USD | +0.9% |
| 2018 | 79,306 USD | +2.0% |
| 2019 | 80,715 USD | +1.8% |
| 2020 | 75,199 USD | -6.8% |
| 2021 | 77,286 USD | +2.8% |
| 2022 | 79,587 USD | +3.0% |
| 2023 | 81,267 USD | +2.1% |
| 2024 | 82,382 USD | +1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 38,816 USD | 32,459 USD | 47,984 USD | 10 |
| 1980s | 62,351 USD | 50,487 USD | 77,107 USD | 10 |
| 1990s | 84,966 USD | 79,239 USD | 102,507 USD | 10 |
| 2000s | 93,879 USD | 84,001 USD | 99,590 USD | 10 |
| 2010s | 77,808 USD | 76,039 USD | 80,715 USD | 10 |
| 2020s | 79,144 USD | 75,199 USD | 82,382 USD | 5 |
Countries ranked near Cayman Islands
- 4 Luxembourg 106,385 USD compare
- 5 Iran (Islamic Republic of) 5,892 USD compare
- 5 Ireland 93,695 USD compare
- 6 Switzerland 90,911 USD compare
- 6 Viet Nam 4,002 USD compare
- 7 Micronesia 3,796 USD compare
- 8 Norway 79,745 USD compare
- 8 Venezuela (Bolivarian Republic of) 3,716 USD compare
- 9 Singapore 69,292 USD compare
- 9 Melanesia 3,365 USD compare
- 10 Bolivia (Plurinational State of) 3,226 USD compare
- 10 Denmark 63,226 USD compare
More economy & growth data for Cayman Islands
- Gross value added at basic prices (GVA) (constant LCU), per capita 66,652 constant LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.82 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7669 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 79,983 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.82 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.6391 constant LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per capita 4,661 current LCU per person (2024)
- GDP (current LCU), annual growth rate 6.25 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0447 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 82,250 current LCU per person (2024)
Frequently asked questions
- What is gross domestic product — value us$ per capita, 2015 prices in Cayman Islands?
- Gross domestic product — value us$ per capita, 2015 prices in Cayman Islands was 82,382 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita, 2015 prices recorded in Cayman Islands?
- The highest recorded value was 102,507 USD in 1998.
- What is the lowest gross domestic product — value us$ per capita, 2015 prices recorded in Cayman Islands?
- The lowest recorded value was 32,459 USD in 1971.
- How does Cayman Islands rank for gross domestic product — value us$ per capita, 2015 prices?
- Cayman Islands ranks 7th out of 195 countries with data for 2024.
- Is gross domestic product — value us$ per capita, 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 Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$ per capita, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).