Gross value added at basic prices (GVA) (constant LCU), per capita in Cayman Islands
Cayman Islands: Gross value added at basic prices (GVA) (constant LCU), per capita was 66,652 constant LCU per person in 2024. ▼ Falling
Gross value added at basic prices (GVA) (constant LCU), per capita in Cayman Islands, 2006–2024
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
In 2024, gross value added at basic prices (gva) (constant lcu), per capita in Cayman Islands stood at 66,652 constant LCU 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 lcu), per capita in Cayman Islands peaked at 75,138 constant LCU per person in 2007 and was at its lowest, 59,599 constant LCU per person, in 2020.
Cayman Islands ranks 94th of 196 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 LCU), per capita in Cayman Islands, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 2006 | 74,210 constant LCU per person | — |
| 2007 | 75,138 constant LCU per person | +1.3% |
| 2008 | 72,806 constant LCU per person | -3.1% |
| 2009 | 66,319 constant LCU per person | -8.9% |
| 2010 | 62,781 constant LCU per person | -5.3% |
| 2011 | 61,812 constant LCU per person | -1.5% |
| 2012 | 60,911 constant LCU per person | -1.5% |
| 2013 | 60,212 constant LCU per person | -1.1% |
| 2014 | 60,037 constant LCU per person | -0.3% |
| 2015 | 60,353 constant LCU per person | +0.5% |
| 2016 | 60,630 constant LCU per person | +0.5% |
| 2017 | 61,220 constant LCU per person | +1.0% |
| 2018 | 62,088 constant LCU per person | +1.4% |
| 2019 | 63,420 constant LCU per person | +2.1% |
| 2020 | 59,599 constant LCU per person | -6.0% |
| 2021 | 60,612 constant LCU per person | +1.7% |
| 2022 | 62,947 constant LCU per person | +3.9% |
| 2023 | 65,445 constant LCU per person | +4.0% |
| 2024 | 66,652 constant LCU per person | +1.8% |
Cayman Islands compared with similar countries
- Cayman Islands's 66,652 constant LCU per person is above the median for high income countries, which is 49,749 constant LCU per person, 1.3× the median. (70 countries reporting)
- Cayman Islands's 66,652 constant LCU per person is above the median for Latin America & Caribbean, which is 30,419 constant LCU per person, 2.2× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 72,118 constant LCU per person | 66,319 constant LCU per person | 75,138 constant LCU per person | 4 |
| 2010s | 61,346 constant LCU per person | 60,037 constant LCU per person | 63,420 constant LCU per person | 10 |
| 2020s | 63,051 constant LCU per person | 59,599 constant LCU per person | 66,652 constant LCU per person | 5 |
Countries ranked near Cayman Islands
- 91 Botswana 73,695 constant LCU per person compare
- 92 Egypt 69,716 constant LCU per person compare
- 93 Moldova 66,928 constant LCU per person compare
- 95 South Africa 65,774 constant LCU per person compare
- 96 New Zealand 62,078 constant LCU per person compare
- 97 Poland 62,045 constant LCU per person compare
More economy & growth data for Cayman Islands
- 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$), per capita -23,390 BoP, current US$ 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$), annual -73.72 % change on previous year (2024)
- Gross value added at basic prices (GVA) 5.96 billion constant 2015 US$ (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)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), per capita in Cayman Islands?
- Gross value added at basic prices (gva) (constant lcu), per capita in Cayman Islands was 66,652 constant LCU per person in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per capita recorded in Cayman Islands?
- The highest recorded value was 75,138 constant LCU per person in 2007.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per capita recorded in Cayman Islands?
- The lowest recorded value was 59,599 constant LCU per person in 2020.
- How does Cayman Islands rank for gross value added at basic prices (gva) (constant lcu), per capita?
- Cayman Islands ranks 94th out of 196 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant lcu), per capita 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 LCU), 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 LCU) 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 LCU) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- 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 LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.