Gross value added at basic prices (GVA) (current US$), per unit of GDP in Cayman Islands
Cayman Islands: Gross value added at basic prices (GVA) (current US$), per unit of GDP was 0.9464 current US$ per US$ of GDP in 2024. ▬ Flat
Gross value added at basic prices (GVA) (current US$), per unit of GDP in Cayman Islands, 2006–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Cayman Islands recorded 0.9464 current US$ per US$ of GDP for gross value added at basic prices (gva) (current us$), per unit of gdp in 2024.
The figure is up 0.3% on the previous year and up 0.1% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), per unit of gdp in Cayman Islands peaked at 0.9536 current US$ per US$ of GDP in 2020 and was at its lowest, 0.9361 current US$ per US$ of GDP, in 2006.
That places Cayman Islands 63rd out of 205 countries with data for 2024, putting it in the middle of the range.
Gross value added at basic prices (GVA) (current US$), per unit of GDP in Cayman Islands, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.9361 current US$ per US$ of GDP | — |
| 2007 | 0.9433 current US$ per US$ of GDP | +0.8% |
| 2008 | 0.9435 current US$ per US$ of GDP | +0.0% |
| 2009 | 0.9512 current US$ per US$ of GDP | +0.8% |
| 2010 | 0.9499 current US$ per US$ of GDP | -0.1% |
| 2011 | 0.9446 current US$ per US$ of GDP | -0.6% |
| 2012 | 0.9438 current US$ per US$ of GDP | -0.1% |
| 2013 | 0.9446 current US$ per US$ of GDP | +0.1% |
| 2014 | 0.9457 current US$ per US$ of GDP | +0.1% |
| 2015 | 0.9482 current US$ per US$ of GDP | +0.3% |
| 2016 | 0.9455 current US$ per US$ of GDP | -0.3% |
| 2017 | 0.9472 current US$ per US$ of GDP | +0.2% |
| 2018 | 0.9394 current US$ per US$ of GDP | -0.8% |
| 2019 | 0.9429 current US$ per US$ of GDP | +0.4% |
| 2020 | 0.9536 current US$ per US$ of GDP | +1.1% |
| 2021 | 0.9407 current US$ per US$ of GDP | -1.4% |
| 2022 | 0.9426 current US$ per US$ of GDP | +0.2% |
| 2023 | 0.9438 current US$ per US$ of GDP | +0.1% |
| 2024 | 0.9464 current US$ per US$ of GDP | +0.3% |
Cayman Islands compared with similar countries
- Cayman Islands's 0.9464 current US$ per US$ of GDP is above the median for high income countries, which is 0.9057 current US$ per US$ of GDP, 1.0× the median. (77 countries reporting)
- Cayman Islands's 0.9464 current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.9021 current US$ per US$ of GDP, 1.0× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9435 current US$ per US$ of GDP | 0.9361 current US$ per US$ of GDP | 0.9512 current US$ per US$ of GDP | 4 |
| 2010s | 0.9452 current US$ per US$ of GDP | 0.9394 current US$ per US$ of GDP | 0.9499 current US$ per US$ of GDP | 10 |
| 2020s | 0.9454 current US$ per US$ of GDP | 0.9407 current US$ per US$ of GDP | 0.9536 current US$ per US$ of GDP | 5 |
Countries ranked near Cayman Islands
- 60 Comoros 0.9474 current US$ per US$ of GDP compare
- 61 Zimbabwe 0.9471 current US$ per US$ of GDP compare
- 62 Rwanda 0.9468 current US$ per US$ of GDP compare
- 64 Trinidad and Tobago 0.946 current US$ per US$ of GDP compare
- 65 Congo 0.946 current US$ per US$ of GDP compare
- 66 Djibouti 0.9451 current US$ per US$ of GDP 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) (current us$), per unit of gdp in Cayman Islands?
- Gross value added at basic prices (gva) (current us$), per unit of gdp in Cayman Islands was 0.9464 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Cayman Islands?
- The highest recorded value was 0.9536 current US$ per US$ of GDP in 2020.
- What is the lowest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Cayman Islands?
- The lowest recorded value was 0.9361 current US$ per US$ of GDP in 2006.
- How does Cayman Islands rank for gross value added at basic prices (gva) (current us$), per unit of gdp?
- Cayman Islands ranks 63rd out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current us$), per unit of gdp rising or falling in Cayman Islands?
- Over the last ten years it is up 0.1%. The long-run trend across the full record is flat.
- 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) (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.