Gross Fixed Capital Formation — Value Standard Local Currency in Cayman Islands
Cayman Islands: Gross Fixed Capital Formation — Value Standard Local Currency was 1,266 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency in Cayman Islands, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross fixed capital formation — value standard local currency in Cayman Islands stood at 1,266 million SLC. That is the highest value across all 55 years on record.
That represents a change of up 7.1% on the previous year and up 138.4% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in Cayman Islands peaked at 1,266 million SLC in 2024 and was at its lowest, 3.75 million SLC, in 1970.
That places Cayman Islands 181st out of 202 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency in Cayman Islands, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 3.75 million SLC | — |
| 1971 | 4.72 million SLC | +26.0% |
| 1972 | 6.02 million SLC | +27.6% |
| 1973 | 8.02 million SLC | +33.1% |
| 1974 | 9.59 million SLC | +19.6% |
| 1975 | 11.42 million SLC | +19.1% |
| 1976 | 13.62 million SLC | +19.2% |
| 1977 | 16.22 million SLC | +19.1% |
| 1978 | 19.31 million SLC | +19.1% |
| 1979 | 23.49 million SLC | +21.6% |
| 1980 | 27.39 million SLC | +16.6% |
| 1981 | 32.78 million SLC | +19.7% |
| 1982 | 38.84 million SLC | +18.5% |
| 1983 | 54.09 million SLC | +39.3% |
| 1984 | 68.44 million SLC | +26.5% |
| 1985 | 58.5 million SLC | -14.5% |
| 1986 | 73.96 million SLC | +26.4% |
| 1987 | 81.68 million SLC | +10.4% |
| 1988 | 115.9 million SLC | +41.9% |
| 1989 | 121.42 million SLC | +4.8% |
| 1990 | 139.08 million SLC | +14.5% |
| 1991 | 147.91 million SLC | +6.3% |
| 1992 | 156.8 million SLC | +6.0% |
| 1993 | 168.44 million SLC | +7.4% |
| 1994 | 182.88 million SLC | +8.6% |
| 1995 | 197.5 million SLC | +8.0% |
| 1996 | 214.28 million SLC | +8.5% |
| 1997 | 233.37 million SLC | +8.9% |
| 1998 | 306.2 million SLC | +31.2% |
| 1999 | 331.98 million SLC | +8.4% |
| 2000 | 346.96 million SLC | +4.5% |
| 2001 | 355.94 million SLC | +2.6% |
| 2002 | 371.23 million SLC | +4.3% |
| 2003 | 384.97 million SLC | +3.7% |
| 2004 | 405.51 million SLC | +5.3% |
| 2005 | 463.44 million SLC | +14.3% |
| 2006 | 488.61 million SLC | +5.4% |
| 2007 | 516.11 million SLC | +5.6% |
| 2008 | 530.14 million SLC | +2.7% |
| 2009 | 494.83 million SLC | -6.7% |
| 2010 | 480.1 million SLC | -3.0% |
| 2011 | 484.44 million SLC | +0.9% |
| 2012 | 495.54 million SLC | +2.3% |
| 2013 | 507.93 million SLC | +2.5% |
| 2014 | 531.18 million SLC | +4.6% |
| 2015 | 538.11 million SLC | +1.3% |
| 2016 | 560.23 million SLC | +4.1% |
| 2017 | 606.11 million SLC | +8.2% |
| 2018 | 729.52 million SLC | +20.4% |
| 2019 | 797.22 million SLC | +9.3% |
| 2020 | 891.09 million SLC | +11.8% |
| 2021 | 1,039 million SLC | +16.6% |
| 2022 | 1,112 million SLC | +7.0% |
| 2023 | 1,182 million SLC | +6.3% |
| 2024 | 1,266 million SLC | +7.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.62 million SLC | 3.75 million SLC | 23.49 million SLC | 10 |
| 1980s | 67.3 million SLC | 27.39 million SLC | 121.42 million SLC | 10 |
| 1990s | 207.84 million SLC | 139.08 million SLC | 331.98 million SLC | 10 |
| 2000s | 435.77 million SLC | 346.96 million SLC | 530.14 million SLC | 10 |
| 2010s | 573.04 million SLC | 480.1 million SLC | 797.22 million SLC | 10 |
| 2020s | 1,098 million SLC | 891.09 million SLC | 1,266 million SLC | 5 |
Countries ranked near Cayman Islands
- 178 Saint Lucia 1,454 million SLC compare
- 179 Aruba 1,436 million SLC compare
- 180 Belize 1,407 million SLC compare
- 182 Saint Vincent and the Grenadines 1,185 million SLC compare
- 183 Sint Maarten 1,039 million SLC compare
- 184 Bermuda 1,013 million SLC compare
More economy & growth data for Cayman Islands
- US dollar per domestic currency (End-of-period (EoP)) 1.2 (2025)
- 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)
- Domestic currency per US dollar (End-of-period (EoP)) 0.8333 (2025)
- Gdp worldbank constant usd, per capita 84,382 units per person (2024)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0447 current LCU per US$ of GDP (2024)
- Gdp worldbank constant usd, per unit of GDP 0.8091 units per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in Cayman Islands?
- Gross fixed capital formation — value standard local currency in Cayman Islands was 1,266 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency recorded in Cayman Islands?
- The highest recorded value was 1,266 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in Cayman Islands?
- The lowest recorded value was 3.75 million SLC in 1970.
- How does Cayman Islands rank for gross fixed capital formation — value standard local currency?
- Cayman Islands ranks 181st out of 202 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in Cayman Islands?
- Over the last ten years it is up 138.4%. 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 — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).