Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Cayman Islands
Cayman Islands: Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) was 1,195 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Cayman Islands, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices in Cayman Islands is 1,195 million USD, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 3.6% on the previous year and up 84.5% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Cayman Islands peaked at 1,195 million USD in 2024 and was at its lowest, 51.71 million USD, in 1970.
That places Cayman Islands 181st out of 235 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices (US 2015) in Cayman Islands, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 51.71 million USD | — |
| 1971 | 53.34 million USD | +3.2% |
| 1972 | 57.65 million USD | +8.1% |
| 1973 | 65.89 million USD | +14.3% |
| 1974 | 72.6 million USD | +10.2% |
| 1975 | 79.66 million USD | +9.7% |
| 1976 | 87.47 million USD | +9.8% |
| 1977 | 95.97 million USD | +9.7% |
| 1978 | 105.37 million USD | +9.8% |
| 1979 | 117.96 million USD | +11.9% |
| 1980 | 126.68 million USD | +7.4% |
| 1981 | 139.6 million USD | +10.2% |
| 1982 | 152.62 million USD | +9.3% |
| 1983 | 173.04 million USD | +13.4% |
| 1984 | 207.65 million USD | +20.0% |
| 1985 | 169.89 million USD | -18.2% |
| 1986 | 210.79 million USD | +24.1% |
| 1987 | 220.23 million USD | +4.5% |
| 1988 | 289.44 million USD | +31.4% |
| 1989 | 289.44 million USD | +0.0% |
| 1990 | 298.88 million USD | +3.3% |
| 1991 | 308.32 million USD | +3.2% |
| 1992 | 317.8 million USD | +3.1% |
| 1993 | 333.01 million USD | +4.8% |
| 1994 | 350.68 million USD | +5.3% |
| 1995 | 367.53 million USD | +4.8% |
| 1996 | 385.88 million USD | +5.0% |
| 1997 | 407.09 million USD | +5.5% |
| 1998 | 530.35 million USD | +30.3% |
| 1999 | 548.31 million USD | +3.4% |
| 2000 | 553.67 million USD | +1.0% |
| 2001 | 556.75 million USD | +0.6% |
| 2002 | 566.37 million USD | +1.7% |
| 2003 | 577.69 million USD | +2.0% |
| 2004 | 582.86 million USD | +0.9% |
| 2005 | 620.78 million USD | +6.5% |
| 2006 | 649.26 million USD | +4.6% |
| 2007 | 654.61 million USD | +0.8% |
| 2008 | 667.7 million USD | +2.0% |
| 2009 | 619.12 million USD | -7.3% |
| 2010 | 602.31 million USD | -2.7% |
| 2011 | 610.83 million USD | +1.4% |
| 2012 | 615.35 million USD | +0.7% |
| 2013 | 624.75 million USD | +1.5% |
| 2014 | 647.52 million USD | +3.6% |
| 2015 | 645.74 million USD | -0.3% |
| 2016 | 682.57 million USD | +5.7% |
| 2017 | 716.01 million USD | +4.9% |
| 2018 | 842.1 million USD | +17.6% |
| 2019 | 880.61 million USD | +4.6% |
| 2020 | 952.22 million USD | +8.1% |
| 2021 | 1,072 million USD | +12.6% |
| 2022 | 1,078 million USD | +0.5% |
| 2023 | 1,153 million USD | +7.0% |
| 2024 | 1,195 million USD | +3.6% |
Cayman Islands compared with similar countries
- Cayman Islands's 1,195 million USD is below the median for high income countries, which is 13,942 million USD, 9% of the median. (73 countries reporting)
- Cayman Islands's 1,195 million USD is below the median for Latin America & Caribbean, which is 2,959 million USD, 40% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 78.76 million USD | 51.71 million USD | 117.96 million USD | 10 |
| 1980s | 197.94 million USD | 126.68 million USD | 289.44 million USD | 10 |
| 1990s | 384.79 million USD | 298.88 million USD | 548.31 million USD | 10 |
| 2000s | 604.88 million USD | 553.67 million USD | 667.7 million USD | 10 |
| 2010s | 686.78 million USD | 602.31 million USD | 880.61 million USD | 10 |
| 2020s | 1,090 million USD | 952.22 million USD | 1,195 million USD | 5 |
Countries ranked near Cayman Islands
- 178 Montenegro 1,366 million USD compare
- 179 French Polynesia 1,299 million USD compare
- 180 Greenland 1,225 million USD compare
- 182 Maldives 1,038 million USD compare
- 183 Djibouti 972.53 million USD compare
- 184 Netherlands Antilles (former) 942.85 million USD compare
More economy & growth data for Cayman Islands
- 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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.18 billion BoP, current US$ (2024)
- Gross value added at basic prices (GVA) 5.96 billion constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 29.29 million current LCU (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 252.10 million current US$ (2024)
- Total reserves 252.10 million includes gold, current US$ (2024)
- GDP deflator 123.6 base year varies by country (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Cayman Islands?
- Gross fixed capital formation — value us$, 2015 prices in Cayman Islands was 1,195 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Cayman Islands?
- The highest recorded value was 1,195 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Cayman Islands?
- The lowest recorded value was 51.71 million USD in 1970.
- How does Cayman Islands rank for gross fixed capital formation — value us$, 2015 prices?
- Cayman Islands ranks 181st out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Cayman Islands?
- Over the last ten years it is up 84.5%. 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 Fixed Capital Formation — Value US$, 2015 prices. 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).