Gross value added at basic prices (GVA) (constant 2015 US$), per in Cayman Islands
Cayman Islands: Gross value added at basic prices (GVA) (constant 2015 US$), per was 79,983 constant 2015 US$ per person in 2024. ▼ Falling
Gross value added at basic prices (GVA) (constant 2015 US$), per in Cayman Islands, 2006–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
In 2024, gross value added at basic prices (gva) (constant 2015 us$), per in Cayman Islands stood at 79,983 constant 2015 US$ per person.
The figure is up 1.8% on the previous year and up 11.0% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per in Cayman Islands peaked at 90,166 constant 2015 US$ per person in 2007 and was at its lowest, 71,519 constant 2015 US$ per person, in 2020.
That places Cayman Islands 6th out of 193 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently falling across the 19 years of available data.
Gross value added at basic prices (GVA) (constant 2015 US$), per in Cayman Islands, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 2006 | 89,052 constant 2015 US$ per person | — |
| 2007 | 90,166 constant 2015 US$ per person | +1.3% |
| 2008 | 87,368 constant 2015 US$ per person | -3.1% |
| 2009 | 79,583 constant 2015 US$ per person | -8.9% |
| 2010 | 75,337 constant 2015 US$ per person | -5.3% |
| 2011 | 74,174 constant 2015 US$ per person | -1.5% |
| 2012 | 73,094 constant 2015 US$ per person | -1.5% |
| 2013 | 72,255 constant 2015 US$ per person | -1.1% |
| 2014 | 72,045 constant 2015 US$ per person | -0.3% |
| 2015 | 72,424 constant 2015 US$ per person | +0.5% |
| 2016 | 72,756 constant 2015 US$ per person | +0.5% |
| 2017 | 73,465 constant 2015 US$ per person | +1.0% |
| 2018 | 74,505 constant 2015 US$ per person | +1.4% |
| 2019 | 76,104 constant 2015 US$ per person | +2.1% |
| 2020 | 71,519 constant 2015 US$ per person | -6.0% |
| 2021 | 72,734 constant 2015 US$ per person | +1.7% |
| 2022 | 75,536 constant 2015 US$ per person | +3.9% |
| 2023 | 78,535 constant 2015 US$ per person | +4.0% |
| 2024 | 79,983 constant 2015 US$ per person | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 86,542 constant 2015 US$ per person | 79,583 constant 2015 US$ per person | 90,166 constant 2015 US$ per person | 4 |
| 2010s | 73,616 constant 2015 US$ per person | 72,045 constant 2015 US$ per person | 76,104 constant 2015 US$ per person | 10 |
| 2020s | 75,662 constant 2015 US$ per person | 71,519 constant 2015 US$ per person | 79,983 constant 2015 US$ per person | 5 |
Countries ranked near Cayman Islands
- 3 Luxembourg 92,937 constant 2015 US$ per person compare
- 4 Switzerland 90,880 constant 2015 US$ per person compare
- 5 Isle of Man 83,917 constant 2015 US$ per person compare
- 7 Norway 75,270 constant 2015 US$ per person compare
- 8 Singapore 67,011 constant 2015 US$ per person compare
- 9 Macao 64,085 constant 2015 US$ per person compare
More economy & growth data for Cayman Islands
- GNI (current LCU), annual growth rate 14.45 % change on previous year (2024)
- GNI (current LCU), per capita 70,198 current LCU per person (2024)
- Gdp worldbank constant usd, per unit of GDP 0.8091 units per US$ of GDP (2024)
- Gdp worldbank constant usd, per capita 84,382 units per person (2024)
- GNI (current LCU), per unit of GDP 0.6731 current LCU per US$ of GDP (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- GNI, Atlas method (current US$), per capita 81,916 current US$ per person (2024)
- GNI, Atlas method (current US$), annual growth rate 12.89 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.7854 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per in Cayman Islands?
- Gross value added at basic prices (gva) (constant 2015 us$), per in Cayman Islands was 79,983 constant 2015 US$ per person in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Cayman Islands?
- The highest recorded value was 90,166 constant 2015 US$ per person in 2007.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Cayman Islands?
- The lowest recorded value was 71,519 constant 2015 US$ per person in 2020.
- How does Cayman Islands rank for gross value added at basic prices (gva) (constant 2015 us$), per?
- Cayman Islands ranks 6th out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), per rising or falling in Cayman Islands?
- Over the last ten years it is up 11.0%. The long-run trend across the full record is falling.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.