Gross Fixed Capital Formation — Value US$, annual growth rate (US) in Cayman Islands
Cayman Islands: Gross Fixed Capital Formation — Value US$, annual growth rate (US) was 7.1 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, annual growth rate in Cayman Islands, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value us$, annual growth rate in Cayman Islands is 7.1 % change on previous year, measured in 2024.
That represents a change of up 13.1% on the previous year and up 55.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, annual growth rate in Cayman Islands peaked at 41.89 % change on previous year in 1988 and was at its lowest, -14.52 % change on previous year, in 1985.
That places Cayman Islands 72nd out of 235 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, annual growth rate (US) in Cayman Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 25.27 % change on previous year | — |
| 1972 | 32.74 % change on previous year | +29.6% |
| 1973 | 30.49 % change on previous year | -6.9% |
| 1974 | 16.42 % change on previous year | -46.2% |
| 1975 | 19.9 % change on previous year | +21.2% |
| 1976 | 19.21 % change on previous year | -3.5% |
| 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 | -56.3% |
| 1992 | 6.01 % change on previous year | -5.4% |
| 1993 | 7.43 % change on previous year | +23.7% |
| 1994 | 8.57 % change on previous year | +15.4% |
| 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 | 0.9041 % 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 | +83.0% |
| 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% |
Cayman Islands compared with similar countries
- Cayman Islands's 7.1 % change on previous year is above the median for high income countries, which is 3.8 % change on previous year, 1.9× the median. (73 countries reporting)
- Cayman Islands's 7.1 % change on previous year is above the median for Latin America & Caribbean, which is 4.93 % change on previous year, 1.4× the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.65 % change on previous year | 16.42 % change on previous year | 32.74 % 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
- 69 Uganda 7.2 % change on previous year compare
- 70 Bhutan 7.18 % change on previous year compare
- 71 North Macedonia 7.12 % change on previous year compare
- 73 Tuvalu 7.05 % change on previous year compare
- 74 Lesotho 6.96 % change on previous year compare
- 75 Guatemala 6.95 % change on previous year 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 inflows (BoP, current US$), gaps filled 3.18 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps -1.74 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows 40.9% (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 270.42 million current US$ (2025)
- Total reserves 270.42 million includes gold, current US$ (2025)
- GDP deflator 123.6 base year varies by country (2024)
- Personal remittances, received 11.50 million current US$ (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, annual growth rate in Cayman Islands?
- Gross fixed capital formation — value us$, annual growth rate 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 us$, annual growth rate recorded in Cayman Islands?
- The highest recorded value was 41.89 % change on previous year in 1988.
- What is the lowest gross fixed capital formation — value us$, annual growth rate 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 us$, annual growth rate?
- Cayman Islands ranks 72nd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, annual growth rate 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 US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$ 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 US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.