Gross Fixed Capital Formation — Annual growth US$ in Cayman Islands
Cayman Islands: Gross Fixed Capital Formation — Annual growth US$ was 7.1 % in 2024. ◆ Volatile
Gross Fixed Capital Formation — Annual growth US$ in Cayman Islands, 1971–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for gross fixed capital formation — annual growth us$ in Cayman Islands is 7.1 %, measured in 2024.
The figure is up 13.1% on the previous year and up 55.1% over ten years.
Over the whole period, gross fixed capital formation — annual growth us$ in Cayman Islands peaked at 41.89 % in 1988 and was at its lowest, -14.52 %, in 1985.
That places Cayman Islands 64th out of 203 countries with data for 2024, 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 Fixed Capital Formation — Annual growth US$ in Cayman Islands, year by year
| Year | % | Change |
|---|---|---|
| 1971 | 25.27 % | — |
| 1972 | 32.74 % | +29.6% |
| 1973 | 30.49 % | -6.9% |
| 1974 | 16.42 % | -46.2% |
| 1975 | 19.9 % | +21.2% |
| 1976 | 19.21 % | -3.5% |
| 1977 | 19.09 % | -0.6% |
| 1978 | 19.1 % | +0.1% |
| 1979 | 21.61 % | +13.1% |
| 1980 | 16.62 % | -23.1% |
| 1981 | 19.66 % | +18.4% |
| 1982 | 18.49 % | -6.0% |
| 1983 | 39.27 % | +112.4% |
| 1984 | 26.53 % | -32.4% |
| 1985 | -14.52 % | -154.7% |
| 1986 | 26.42 % | -282.0% |
| 1987 | 10.45 % | -60.4% |
| 1988 | 41.89 % | +301.0% |
| 1989 | 4.76 % | -88.6% |
| 1990 | 14.55 % | +205.5% |
| 1991 | 6.35 % | -56.3% |
| 1992 | 6.01 % | -5.4% |
| 1993 | 7.43 % | +23.7% |
| 1994 | 8.57 % | +15.4% |
| 1995 | 8 % | -6.7% |
| 1996 | 8.5 % | +6.3% |
| 1997 | 8.91 % | +4.8% |
| 1998 | 31.21 % | +250.3% |
| 1999 | 8.42 % | -73.0% |
| 2000 | 4.51 % | -46.4% |
| 2001 | 2.59 % | -42.7% |
| 2002 | 4.29 % | +66.0% |
| 2003 | 3.7 % | -13.8% |
| 2004 | 5.33 % | +44.0% |
| 2005 | 14.29 % | +167.8% |
| 2006 | 5.43 % | -62.0% |
| 2007 | 5.63 % | +3.6% |
| 2008 | 2.72 % | -51.7% |
| 2009 | -6.66 % | -345.1% |
| 2010 | -2.98 % | -55.3% |
| 2011 | 0.9041 % | -130.4% |
| 2012 | 2.29 % | +153.2% |
| 2013 | 2.5 % | +9.2% |
| 2014 | 4.58 % | +83.1% |
| 2015 | 1.3 % | -71.5% |
| 2016 | 4.11 % | +215.0% |
| 2017 | 8.19 % | +99.3% |
| 2018 | 20.36 % | +148.6% |
| 2019 | 9.28 % | -54.4% |
| 2020 | 11.78 % | +26.9% |
| 2021 | 16.64 % | +41.3% |
| 2022 | 7.02 % | -57.8% |
| 2023 | 6.28 % | -10.5% |
| 2024 | 7.1 % | +13.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.65 % | 16.42 % | 32.74 % | 9 |
| 1980s | 18.96 % | -14.52 % | 41.89 % | 10 |
| 1990s | 10.79 % | 6.01 % | 31.21 % | 10 |
| 2000s | 4.18 % | -6.66 % | 14.29 % | 10 |
| 2010s | 5.05 % | -2.98 % | 20.36 % | 10 |
| 2020s | 9.76 % | 6.28 % | 16.64 % | 5 |
Countries ranked near Cayman Islands
More economy & growth data for Cayman Islands
- Net primary income (Net income from abroad) (current US$), annual 18.32 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 1.4 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per capita 5,593 current US$ per person (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 US$), annual growth rate 1.4 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 18.32 % change on previous year (2024)
- GNI (current LCU), per unit of GDP 0.6731 current LCU per US$ of GDP (2024)
- GNI (current US$), per capita 84,238 current US$ per person (2024)
- GNI (current LCU), annual growth rate 14.45 % change on previous year (2024)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
Frequently asked questions
- What is gross fixed capital formation — annual growth us$ in Cayman Islands?
- Gross fixed capital formation — annual growth us$ in Cayman Islands was 7.1 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — annual growth us$ recorded in Cayman Islands?
- The highest recorded value was 41.89 % in 1988.
- What is the lowest gross fixed capital formation — annual growth us$ recorded in Cayman Islands?
- The lowest recorded value was -14.52 % in 1985.
- How does Cayman Islands rank for gross fixed capital formation — annual growth us$?
- Cayman Islands ranks 64th out of 203 countries with data for 2024.
- Is gross fixed capital formation — annual growth us$ rising or falling in Cayman Islands?
- Over the last ten years it is up 55.1%. 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 Fixed Capital Formation — Annual growth 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).