Gross value added at basic prices (GVA) (constant LCU), per unit of in Cayman Islands
Cayman Islands: Gross value added at basic prices (GVA) (constant LCU), per unit of was 0.6391 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (constant LCU), per unit of in Cayman Islands, 2006–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant lcu), per unit of in Cayman Islands is 0.6391 constant LCU per US$ of GDP, measured in 2024. That is the lowest value across all 19 years on record.
The figure 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 lcu), per unit of in Cayman Islands peaked at 0.8522 constant LCU per US$ of GDP in 2006 and was at its lowest, 0.6391 constant LCU per US$ of GDP, in 2024.
Cayman Islands ranks 170th of 196 countries on this measure, in the bottom quarter.
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 unit of in Cayman Islands, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.8522 constant LCU per US$ of GDP | — |
| 2007 | 0.8359 constant LCU per US$ of GDP | -1.9% |
| 2008 | 0.8121 constant LCU per US$ of GDP | -2.9% |
| 2009 | 0.815 constant LCU per US$ of GDP | +0.4% |
| 2010 | 0.8171 constant LCU per US$ of GDP | +0.3% |
| 2011 | 0.8211 constant LCU per US$ of GDP | +0.5% |
| 2012 | 0.8111 constant LCU per US$ of GDP | -1.2% |
| 2013 | 0.8016 constant LCU per US$ of GDP | -1.2% |
| 2014 | 0.7916 constant LCU per US$ of GDP | -1.3% |
| 2015 | 0.7902 constant LCU per US$ of GDP | -0.2% |
| 2016 | 0.7793 constant LCU per US$ of GDP | -1.4% |
| 2017 | 0.7647 constant LCU per US$ of GDP | -1.9% |
| 2018 | 0.7403 constant LCU per US$ of GDP | -3.2% |
| 2019 | 0.7186 constant LCU per US$ of GDP | -2.9% |
| 2020 | 0.7238 constant LCU per US$ of GDP | +0.7% |
| 2021 | 0.7011 constant LCU per US$ of GDP | -3.1% |
| 2022 | 0.6773 constant LCU per US$ of GDP | -3.4% |
| 2023 | 0.654 constant LCU per US$ of GDP | -3.4% |
| 2024 | 0.6391 constant LCU per US$ of GDP | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8288 constant LCU per US$ of GDP | 0.8121 constant LCU per US$ of GDP | 0.8522 constant LCU per US$ of GDP | 4 |
| 2010s | 0.7836 constant LCU per US$ of GDP | 0.7186 constant LCU per US$ of GDP | 0.8211 constant LCU per US$ of GDP | 10 |
| 2020s | 0.6791 constant LCU per US$ of GDP | 0.6391 constant LCU per US$ of GDP | 0.7238 constant LCU per US$ of GDP | 5 |
Countries ranked near Cayman Islands
- 167 San Marino 0.6475 constant LCU per US$ of GDP compare
- 168 Germany 0.6459 constant LCU per US$ of GDP compare
- 169 Austria 0.6436 constant LCU per US$ of GDP compare
- 171 Andorra 0.6308 constant LCU per US$ of GDP compare
- 172 Netherlands 0.6289 constant LCU per US$ of GDP compare
- 173 Greece 0.628 constant LCU 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 lcu), per unit of in Cayman Islands?
- Gross value added at basic prices (gva) (constant lcu), per unit of in Cayman Islands was 0.6391 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Cayman Islands?
- The highest recorded value was 0.8522 constant LCU per US$ of GDP in 2006.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Cayman Islands?
- The lowest recorded value was 0.6391 constant LCU per US$ of GDP in 2024.
- How does Cayman Islands rank for gross value added at basic prices (gva) (constant lcu), per unit of?
- Cayman Islands ranks 170th out of 196 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant lcu), per unit of 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 LCU), 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.