Gross Fixed Capital Formation — Value Standard Local Currency, annual in Cayman Islands
Cayman Islands: Gross Fixed Capital Formation — Value Standard Local Currency, annual was 7.1 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Cayman Islands, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, annual in Cayman Islands is 7.1 % change on previous year, 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 — value standard local currency, annual in Cayman Islands peaked at 41.89 % change on previous year in 1988 and was at its lowest, -14.52 % change on previous year, in 1985.
That places Cayman Islands 94th out of 230 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 — Value Standard Local Currency, annual in Cayman Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 26.01 % change on previous year | — |
| 1972 | 27.6 % change on previous year | +6.1% |
| 1973 | 33.07 % change on previous year | +19.8% |
| 1974 | 19.62 % change on previous year | -40.7% |
| 1975 | 19.11 % change on previous year | -2.6% |
| 1976 | 19.21 % change on previous year | +0.5% |
| 1977 | 19.09 % change on previous year | -0.6% |
| 1978 | 19.1 % change on previous year | +0.1% |
| 1979 | 21.61 % change on previous year | +13.1% |
| 1980 | 16.62 % change on previous year | -23.1% |
| 1981 | 19.66 % change on previous year | +18.4% |
| 1982 | 18.49 % change on previous year | -6.0% |
| 1983 | 39.27 % change on previous year | +112.4% |
| 1984 | 26.53 % change on previous year | -32.4% |
| 1985 | -14.52 % change on previous year | -154.7% |
| 1986 | 26.41 % change on previous year | -282.0% |
| 1987 | 10.45 % change on previous year | -60.4% |
| 1988 | 41.89 % change on previous year | +301.0% |
| 1989 | 4.76 % change on previous year | -88.6% |
| 1990 | 14.55 % change on previous year | +205.5% |
| 1991 | 6.35 % change on previous year | -56.4% |
| 1992 | 6.01 % change on previous year | -5.4% |
| 1993 | 7.43 % change on previous year | +23.6% |
| 1994 | 8.57 % change on previous year | +15.3% |
| 1995 | 8 % change on previous year | -6.7% |
| 1996 | 8.5 % change on previous year | +6.3% |
| 1997 | 8.91 % change on previous year | +4.8% |
| 1998 | 31.21 % change on previous year | +250.3% |
| 1999 | 8.42 % change on previous year | -73.0% |
| 2000 | 4.51 % change on previous year | -46.4% |
| 2001 | 2.59 % change on previous year | -42.7% |
| 2002 | 4.29 % change on previous year | +66.0% |
| 2003 | 3.7 % change on previous year | -13.8% |
| 2004 | 5.33 % change on previous year | +44.0% |
| 2005 | 14.29 % change on previous year | +167.8% |
| 2006 | 5.43 % change on previous year | -62.0% |
| 2007 | 5.63 % change on previous year | +3.6% |
| 2008 | 2.72 % change on previous year | -51.7% |
| 2009 | -6.66 % change on previous year | -345.1% |
| 2010 | -2.98 % change on previous year | -55.3% |
| 2011 | 0.9042 % change on previous year | -130.4% |
| 2012 | 2.29 % change on previous year | +153.2% |
| 2013 | 2.5 % change on previous year | +9.2% |
| 2014 | 4.58 % change on previous year | +83.1% |
| 2015 | 1.3 % change on previous year | -71.5% |
| 2016 | 4.11 % change on previous year | +215.0% |
| 2017 | 8.19 % change on previous year | +99.3% |
| 2018 | 20.36 % change on previous year | +148.6% |
| 2019 | 9.28 % change on previous year | -54.4% |
| 2020 | 11.78 % change on previous year | +26.9% |
| 2021 | 16.64 % change on previous year | +41.3% |
| 2022 | 7.02 % change on previous year | -57.8% |
| 2023 | 6.28 % change on previous year | -10.5% |
| 2024 | 7.1 % change on previous year | +13.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.71 % change on previous year | 19.09 % change on previous year | 33.07 % change on previous year | 9 |
| 1980s | 18.96 % change on previous year | -14.52 % change on previous year | 41.89 % change on previous year | 10 |
| 1990s | 10.79 % change on previous year | 6.01 % change on previous year | 31.21 % change on previous year | 10 |
| 2000s | 4.18 % change on previous year | -6.66 % change on previous year | 14.29 % change on previous year | 10 |
| 2010s | 5.05 % change on previous year | -2.98 % change on previous year | 20.36 % change on previous year | 10 |
| 2020s | 9.76 % change on previous year | 6.28 % change on previous year | 16.64 % change on previous year | 5 |
Countries ranked near Cayman Islands
- 91 Maldives 7.39 % change on previous year compare
- 92 Solomon Islands 7.38 % change on previous year compare
- 93 Chile 7.12 % change on previous year compare
- 95 India 6.94 % change on previous year compare
- 96 Jamaica 6.92 % change on previous year compare
- 97 New Zealand 6.91 % change on previous year 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 fixed capital formation — value standard local currency, annual in Cayman Islands?
- Gross fixed capital formation — value standard local currency, annual in Cayman Islands was 7.1 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Cayman Islands?
- The highest recorded value was 41.89 % change on previous year in 1988.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Cayman Islands?
- The lowest recorded value was -14.52 % change on previous year in 1985.
- How does Cayman Islands rank for gross fixed capital formation — value standard local currency, annual?
- Cayman Islands ranks 94th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual 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 Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Fixed Capital Formation — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.