Gross Domestic Product — Value US$ in Cayman Islands
Cayman Islands: Gross Domestic Product — Value US$ was 7,552 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Cayman Islands, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross domestic product — value us$ in Cayman Islands stood at 7,552 million USD. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 6.0% on the previous year and up 65.5% over ten years.
Over the whole period, gross domestic product — value us$ in Cayman Islands peaked at 7,552 million USD in 2024 and was at its lowest, 31.06 million USD, in 1970.
Cayman Islands ranks 154th of 203 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ in Cayman Islands, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 31.06 million USD | — |
| 1971 | 38.91 million USD | +25.3% |
| 1972 | 51.67 million USD | +32.8% |
| 1973 | 67.46 million USD | +30.6% |
| 1974 | 78.32 million USD | +16.1% |
| 1975 | 94.05 million USD | +20.1% |
| 1976 | 112.2 million USD | +19.3% |
| 1977 | 133.86 million USD | +19.3% |
| 1978 | 159.69 million USD | +19.3% |
| 1979 | 190.5 million USD | +19.3% |
| 1980 | 227.26 million USD | +19.3% |
| 1981 | 271.12 million USD | +19.3% |
| 1982 | 323.44 million USD | +19.3% |
| 1983 | 450.85 million USD | +39.4% |
| 1984 | 506.95 million USD | +12.4% |
| 1985 | 548.5 million USD | +8.2% |
| 1986 | 602.52 million USD | +9.8% |
| 1987 | 704.32 million USD | +16.9% |
| 1988 | 860.15 million USD | +22.1% |
| 1989 | 984.81 million USD | +14.5% |
| 1990 | 1,226 million USD | +24.5% |
| 1991 | 1,280 million USD | +4.4% |
| 1992 | 1,357 million USD | +6.0% |
| 1993 | 1,457 million USD | +7.4% |
| 1994 | 1,582 million USD | +8.6% |
| 1995 | 1,709 million USD | +8.0% |
| 1996 | 1,854 million USD | +8.5% |
| 1997 | 2,019 million USD | +8.9% |
| 1998 | 2,649 million USD | +31.2% |
| 1999 | 2,872 million USD | +8.4% |
| 2000 | 3,002 million USD | +4.5% |
| 2001 | 3,080 million USD | +2.6% |
| 2002 | 3,212 million USD | +4.3% |
| 2003 | 3,331 million USD | +3.7% |
| 2004 | 3,509 million USD | +5.3% |
| 2005 | 4,010 million USD | +14.3% |
| 2006 | 4,228 million USD | +5.4% |
| 2007 | 4,466 million USD | +5.6% |
| 2008 | 4,586 million USD | +2.7% |
| 2009 | 4,282 million USD | -6.6% |
| 2010 | 4,157 million USD | -2.9% |
| 2011 | 4,186 million USD | +0.7% |
| 2012 | 4,291 million USD | +2.5% |
| 2013 | 4,406 million USD | +2.7% |
| 2014 | 4,563 million USD | +3.6% |
| 2015 | 4,708 million USD | +3.2% |
| 2016 | 4,909 million USD | +4.3% |
| 2017 | 5,166 million USD | +5.2% |
| 2018 | 5,530 million USD | +7.0% |
| 2019 | 5,942 million USD | +7.4% |
| 2020 | 5,655 million USD | -4.8% |
| 2021 | 6,060 million USD | +7.2% |
| 2022 | 6,601 million USD | +8.9% |
| 2023 | 7,127 million USD | +8.0% |
| 2024 | 7,552 million USD | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 95.77 million USD | 31.06 million USD | 190.5 million USD | 10 |
| 1980s | 547.99 million USD | 227.26 million USD | 984.81 million USD | 10 |
| 1990s | 1,801 million USD | 1,226 million USD | 2,872 million USD | 10 |
| 2000s | 3,771 million USD | 3,002 million USD | 4,586 million USD | 10 |
| 2010s | 4,786 million USD | 4,157 million USD | 5,942 million USD | 10 |
| 2020s | 6,599 million USD | 5,655 million USD | 7,552 million USD | 5 |
Countries ranked near Cayman Islands
- 151 Bermuda 8,522 million USD compare
- 152 Liechtenstein 8,423 million USD compare
- 153 Montenegro 8,074 million USD compare
- 155 Sierra Leone 7,351 million USD compare
- 156 Barbados 7,165 million USD compare
- 157 Maldives 6,975 million USD compare
More economy & growth data for Cayman Islands
- Domestic currency per US dollar (End-of-period (EoP)) 0.8333 (2025)
- Taxes less subsidies on products (current US$), annual growth rate 1.4 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0536 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 1.4 % 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)
- Taxes less subsidies on products (current LCU), per capita 4,661 current LCU per person (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.8762 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.14 (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Gdp worldbank constant usd, per capita 84,382 units per person (2024)
Frequently asked questions
- What is gross domestic product — value us$ in Cayman Islands?
- Gross domestic product — value us$ in Cayman Islands was 7,552 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ recorded in Cayman Islands?
- The highest recorded value was 7,552 million USD in 2024.
- What is the lowest gross domestic product — value us$ recorded in Cayman Islands?
- The lowest recorded value was 31.06 million USD in 1970.
- How does Cayman Islands rank for gross domestic product — value us$?
- Cayman Islands ranks 154th out of 203 countries with data for 2024.
- Is gross domestic product — value us$ rising or falling in Cayman Islands?
- Over the last ten years it is up 65.5%. The long-run trend across the full record is volatile.
- 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$. Statizoid updates them automatically from the source API.
Download this data
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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).