Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Cayman Islands
Cayman Islands: Gross value added at basic prices (GVA) (constant 2015 US$), per unit was 0.7669 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (constant 2015 US$), per unit in Cayman Islands, 2006–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2024, gross value added at basic prices (gva) (constant 2015 us$), per unit in Cayman Islands stood at 0.7669 constant 2015 US$ per US$ of GDP. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 2.3% on the previous year and down 19.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per unit in Cayman Islands peaked at 1.02 constant 2015 US$ per US$ of GDP in 2006 and was at its lowest, 0.7669 constant 2015 US$ per US$ of GDP, in 2024.
Cayman Islands ranks 78th of 193 countries on this measure, in the middle of the range.
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$), per unit in Cayman Islands, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2006 | 1.02 constant 2015 US$ per US$ of GDP | — |
| 2007 | 1 constant 2015 US$ per US$ of GDP | -1.9% |
| 2008 | 0.9745 constant 2015 US$ per US$ of GDP | -2.9% |
| 2009 | 0.978 constant 2015 US$ per US$ of GDP | +0.4% |
| 2010 | 0.9805 constant 2015 US$ per US$ of GDP | +0.3% |
| 2011 | 0.9853 constant 2015 US$ per US$ of GDP | +0.5% |
| 2012 | 0.9733 constant 2015 US$ per US$ of GDP | -1.2% |
| 2013 | 0.9619 constant 2015 US$ per US$ of GDP | -1.2% |
| 2014 | 0.9499 constant 2015 US$ per US$ of GDP | -1.3% |
| 2015 | 0.9482 constant 2015 US$ per US$ of GDP | -0.2% |
| 2016 | 0.9351 constant 2015 US$ per US$ of GDP | -1.4% |
| 2017 | 0.9177 constant 2015 US$ per US$ of GDP | -1.9% |
| 2018 | 0.8884 constant 2015 US$ per US$ of GDP | -3.2% |
| 2019 | 0.8623 constant 2015 US$ per US$ of GDP | -2.9% |
| 2020 | 0.8686 constant 2015 US$ per US$ of GDP | +0.7% |
| 2021 | 0.8414 constant 2015 US$ per US$ of GDP | -3.1% |
| 2022 | 0.8128 constant 2015 US$ per US$ of GDP | -3.4% |
| 2023 | 0.7848 constant 2015 US$ per US$ of GDP | -3.4% |
| 2024 | 0.7669 constant 2015 US$ per US$ of GDP | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9945 constant 2015 US$ per US$ of GDP | 0.9745 constant 2015 US$ per US$ of GDP | 1.02 constant 2015 US$ per US$ of GDP | 4 |
| 2010s | 0.9403 constant 2015 US$ per US$ of GDP | 0.8623 constant 2015 US$ per US$ of GDP | 0.9853 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.8149 constant 2015 US$ per US$ of GDP | 0.7669 constant 2015 US$ per US$ of GDP | 0.8686 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Cayman Islands
- 75 Dominican Republic 0.7699 constant 2015 US$ per US$ of GDP compare
- 76 New Zealand 0.768 constant 2015 US$ per US$ of GDP compare
- 77 Algeria 0.7678 constant 2015 US$ per US$ of GDP compare
- 79 Malawi 0.7658 constant 2015 US$ per US$ of GDP compare
- 80 Aruba 0.7635 constant 2015 US$ per US$ of GDP compare
- 81 Canada 0.7634 constant 2015 US$ per US$ of GDP compare
More economy & growth data for Cayman Islands
- GNI (current LCU), per capita 70,198 current LCU per person (2024)
- Taxes less subsidies on products (current US$), per capita 5,593 current US$ per person (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0536 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), annual growth rate 1.4 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 18.32 % change on previous year (2024)
- Net primary income (Net income from abroad) (current US$), annual 18.32 % change on previous year (2024)
- GNI (current US$), per capita 84,238 current US$ per person (2024)
- GNI, Atlas method (current US$), per capita 81,916 current US$ per person (2024)
- GNI (current US$), per unit of GDP 0.8077 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 1.4 % change on previous year (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per unit in Cayman Islands?
- Gross value added at basic prices (gva) (constant 2015 us$), per unit in Cayman Islands was 0.7669 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Cayman Islands?
- The highest recorded value was 1.02 constant 2015 US$ per US$ of GDP in 2006.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per unit recorded in Cayman Islands?
- The lowest recorded value was 0.7669 constant 2015 US$ per US$ of GDP in 2024.
- How does Cayman Islands rank for gross value added at basic prices (gva) (constant 2015 us$), per unit?
- Cayman Islands ranks 78th out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), per unit rising or falling in Cayman Islands?
- Over the last ten years it is down 19.3%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.