Gross National Income — Value Standard Local Currency in Cayman Islands
Cayman Islands: Gross National Income — Value Standard Local Currency was 4,183 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in Cayman Islands, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, gross national income — value standard local currency in Cayman Islands stood at 4,183 million SLC. That is the highest value across all 54 years on record.
That represents a change of up 15.2% on the previous year and up 84.2% over ten years.
Over the whole period, gross national income — value standard local currency in Cayman Islands peaked at 4,183 million SLC in 2023 and was at its lowest, 15.9 million SLC, in 1970.
That places Cayman Islands 181st out of 202 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency in Cayman Islands, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 15.9 million SLC | — |
| 1971 | 20.03 million SLC | +26.0% |
| 1972 | 25.57 million SLC | +27.7% |
| 1973 | 34.05 million SLC | +33.1% |
| 1974 | 40.62 million SLC | +19.3% |
| 1975 | 48.46 million SLC | +19.3% |
| 1976 | 57.81 million SLC | +19.3% |
| 1977 | 68.97 million SLC | +19.3% |
| 1978 | 82.28 million SLC | +19.3% |
| 1979 | 98.15 million SLC | +19.3% |
| 1980 | 117.09 million SLC | +19.3% |
| 1981 | 139.69 million SLC | +19.3% |
| 1982 | 166.65 million SLC | +19.3% |
| 1983 | 232.29 million SLC | +39.4% |
| 1984 | 261.2 million SLC | +12.4% |
| 1985 | 282.61 million SLC | +8.2% |
| 1986 | 310.44 million SLC | +9.8% |
| 1987 | 362.89 million SLC | +16.9% |
| 1988 | 443.18 million SLC | +22.1% |
| 1989 | 507.41 million SLC | +14.5% |
| 1990 | 631.58 million SLC | +24.5% |
| 1991 | 659.41 million SLC | +4.4% |
| 1992 | 699.02 million SLC | +6.0% |
| 1993 | 750.94 million SLC | +7.4% |
| 1994 | 815.28 million SLC | +8.6% |
| 1995 | 880.47 million SLC | +8.0% |
| 1996 | 955.3 million SLC | +8.5% |
| 1997 | 1,040 million SLC | +8.9% |
| 1998 | 1,365 million SLC | +31.2% |
| 1999 | 1,480 million SLC | +8.4% |
| 2000 | 1,547 million SLC | +4.5% |
| 2001 | 1,587 million SLC | +2.6% |
| 2002 | 1,655 million SLC | +4.3% |
| 2003 | 1,716 million SLC | +3.7% |
| 2004 | 1,808 million SLC | +5.3% |
| 2005 | 2,066 million SLC | +14.3% |
| 2006 | 2,178 million SLC | +5.4% |
| 2007 | 2,301 million SLC | +5.6% |
| 2008 | 2,365 million SLC | +2.8% |
| 2009 | 2,204 million SLC | -6.8% |
| 2010 | 2,140 million SLC | -2.9% |
| 2011 | 2,167 million SLC | +1.2% |
| 2012 | 2,196 million SLC | +1.3% |
| 2013 | 2,271 million SLC | +3.4% |
| 2014 | 2,399 million SLC | +5.7% |
| 2015 | 2,328 million SLC | -3.0% |
| 2016 | 2,586 million SLC | +11.1% |
| 2017 | 2,884 million SLC | +11.5% |
| 2018 | 3,217 million SLC | +11.6% |
| 2019 | 3,670 million SLC | +14.1% |
| 2020 | 3,216 million SLC | -12.4% |
| 2021 | 3,890 million SLC | +20.9% |
| 2022 | 3,631 million SLC | -6.7% |
| 2023 | 4,183 million SLC | +15.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 49.18 million SLC | 15.9 million SLC | 98.15 million SLC | 10 |
| 1980s | 282.34 million SLC | 117.09 million SLC | 507.41 million SLC | 10 |
| 1990s | 927.75 million SLC | 631.58 million SLC | 1,480 million SLC | 10 |
| 2000s | 1,943 million SLC | 1,547 million SLC | 2,365 million SLC | 10 |
| 2010s | 2,586 million SLC | 2,140 million SLC | 3,670 million SLC | 10 |
| 2020s | 3,730 million SLC | 3,216 million SLC | 4,183 million SLC | 4 |
Countries ranked near Cayman Islands
More economy & growth data for Cayman Islands
- GDP (current LCU), annual growth rate 6.25 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.82 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.6391 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 66,652 constant LCU per person (2024)
- GDP (current US$), annual growth rate 6.25 % change on previous year (2024)
- GDP (current US$), per capita 104,293 current US$ per person (2024)
- GDP (current LCU), per capita 86,910 current LCU per person (2024)
- GDP (constant 2015 US$), per unit of GDP 0.8091 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 3.76 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 79,983 constant 2015 US$ per person (2024)
Frequently asked questions
- What is gross national income — value standard local currency in Cayman Islands?
- Gross national income — value standard local currency in Cayman Islands was 4,183 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in Cayman Islands?
- The highest recorded value was 4,183 million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in Cayman Islands?
- The lowest recorded value was 15.9 million SLC in 1970.
- How does Cayman Islands rank for gross national income — value standard local currency?
- Cayman Islands ranks 181st out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in Cayman Islands?
- Over the last ten years it is up 84.2%. 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 National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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).