ICT service exports in Cayman Islands
Cayman Islands: ICT service exports was 18.13 million BoP, current US$ in 2024. ▲ Rising
ICT service exports in Cayman Islands, 2016–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Cayman Islands recorded 18.13 million BoP, current US$ for ict service exports in 2024.
Compared with earlier readings it is down 7.2% on the previous year and up 94.7% over ten years.
Over the whole period, ict service exports in Cayman Islands peaked at 25.12 million BoP, current US$ in 2021 and was at its lowest, 9.31 million BoP, current US$, in 2016.
Cayman Islands ranks 142nd of 189 countries on this measure, in the bottom quarter.
ICT service exports in Cayman Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2016 | 9.31 million BoP, current US$ | — |
| 2017 | 18.11 million BoP, current US$ | +94.4% |
| 2018 | 16.63 million BoP, current US$ | -8.2% |
| 2019 | 16.15 million BoP, current US$ | -2.9% |
| 2020 | 17.15 million BoP, current US$ | +6.2% |
| 2021 | 25.12 million BoP, current US$ | +46.5% |
| 2022 | 21.59 million BoP, current US$ | -14.0% |
| 2023 | 19.55 million BoP, current US$ | -9.5% |
| 2024 | 18.13 million BoP, current US$ | -7.2% |
Cayman Islands compared with similar countries
- Cayman Islands's 18.13 million BoP, current US$ is below the median for high income countries, which is 2.68 billion BoP, current US$, 1% of the median. (68 countries reporting)
- Cayman Islands's 18.13 million BoP, current US$ is below the median for Latin America & Caribbean, which is 64.00 million BoP, current US$, 28% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 15.05 million BoP, current US$ | 9.31 million BoP, current US$ | 18.11 million BoP, current US$ | 4 |
| 2020s | 20.31 million BoP, current US$ | 17.15 million BoP, current US$ | 25.12 million BoP, current US$ | 5 |
Countries ranked near Cayman Islands
- 139 Angola 20.57 million BoP, current US$ compare
- 140 Aruba 19.77 million BoP, current US$ compare
- 141 Suriname 18.20 million BoP, current US$ compare
- 143 New Caledonia 17.84 million BoP, current US$
- 144 French Polynesia 15.52 million BoP, current US$
- 145 Brunei 15.16 million BoP, current US$ compare
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), 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)
- Services, value added 86.5% (2024)
- Industry (including construction), value added 7.6% (2024)
- Services, value added 6.72 billion current US$ (2024)
- Services, value added 5.60 billion current LCU (2024)
- Services, value added 5.48 billion constant 2015 US$ (2024)
Frequently asked questions
- What is ict service exports in Cayman Islands?
- Ict service exports in Cayman Islands was 18.13 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest ict service exports recorded in Cayman Islands?
- The highest recorded value was 25.12 million BoP, current US$ in 2021.
- What is the lowest ict service exports recorded in Cayman Islands?
- The lowest recorded value was 9.31 million BoP, current US$ in 2016.
- How does Cayman Islands rank for ict service exports?
- Cayman Islands ranks 142nd out of 189 countries with data for 2024.
- Is ict service exports rising or falling in Cayman Islands?
- Over the last ten years it is up 94.7%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of ICT service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Information and communication technology service exports include computer and communications services (telecommunications and postal and courier services) and information services (computer data and news-related service transactions). Data are in current U.S. dollars.