ICT service exports (BoP, current US$), per unit of GDP in Cayman Islands
Cayman Islands: ICT service exports (BoP, current US$), per unit of GDP was 0.0023 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
ICT service exports (BoP, current US$), per unit of GDP in Cayman Islands, 2016–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
Cayman Islands recorded 0.0023 BoP, current US$ per US$ of GDP for ict service exports (bop, current us$), per unit of gdp in 2024.
Compared with earlier readings it is down 12.7% on the previous year and up 23.1% over ten years.
Over the whole period, ict service exports (bop, current us$), per unit of gdp in Cayman Islands peaked at 0.0041 BoP, current US$ per US$ of GDP in 2021 and was at its lowest, 0.0019 BoP, current US$ per US$ of GDP, in 2016.
Cayman Islands ranks 125th of 188 countries on this measure, in the middle of the range.
ICT service exports (BoP, current US$), per unit of GDP in Cayman Islands, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2016 | 0.0019 BoP, current US$ per US$ of GDP | — |
| 2017 | 0.0035 BoP, current US$ per US$ of GDP | +84.8% |
| 2018 | 0.003 BoP, current US$ per US$ of GDP | -14.2% |
| 2019 | 0.0027 BoP, current US$ per US$ of GDP | -9.6% |
| 2020 | 0.003 BoP, current US$ per US$ of GDP | +11.6% |
| 2021 | 0.0041 BoP, current US$ per US$ of GDP | +36.7% |
| 2022 | 0.0032 BoP, current US$ per US$ of GDP | -21.7% |
| 2023 | 0.0027 BoP, current US$ per US$ of GDP | -17.6% |
| 2024 | 0.0023 BoP, current US$ per US$ of GDP | -12.7% |
Cayman Islands compared with similar countries
- Cayman Islands's 0.0023 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.0129 BoP, current US$ per US$ of GDP, 18% of the median. (68 countries reporting)
- Cayman Islands's 0.0023 BoP, current US$ per US$ of GDP is below the median for Latin America & Caribbean, which is 0.0033 BoP, current US$ per US$ of GDP, 72% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.0028 BoP, current US$ per US$ of GDP | 0.0019 BoP, current US$ per US$ of GDP | 0.0035 BoP, current US$ per US$ of GDP | 4 |
| 2020s | 0.0031 BoP, current US$ per US$ of GDP | 0.0023 BoP, current US$ per US$ of GDP | 0.0041 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Cayman Islands
- 122 Qatar 0.0027 BoP, current US$ per US$ of GDP compare
- 123 Mongolia 0.0026 BoP, current US$ per US$ of GDP compare
- 124 Saint Vincent and the Grenadines 0.0024 BoP, current US$ per US$ of GDP compare
- 126 Syria 0.0023 BoP, current US$ per US$ of GDP
- 127 Rwanda 0.0023 BoP, current US$ per US$ of GDP compare
- 128 Chile 0.0021 BoP, current US$ per US$ of GDP compare
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps -1.74 billion BoP, current US$ (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 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)
- 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 ict service exports (bop, current us$), per unit of gdp in Cayman Islands?
- Ict service exports (bop, current us$), per unit of gdp in Cayman Islands was 0.0023 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest ict service exports (bop, current us$), per unit of gdp recorded in Cayman Islands?
- The highest recorded value was 0.0041 BoP, current US$ per US$ of GDP in 2021.
- What is the lowest ict service exports (bop, current us$), per unit of gdp recorded in Cayman Islands?
- The lowest recorded value was 0.0019 BoP, current US$ per US$ of GDP in 2016.
- How does Cayman Islands rank for ict service exports (bop, current us$), per unit of gdp?
- Cayman Islands ranks 125th out of 188 countries with data for 2024.
- Is ict service exports (bop, current us$), per unit of gdp rising or falling in Cayman Islands?
- Over the last ten years it is up 23.1%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of ICT service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
ICT service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
ICT service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- ICT service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
ICT service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.