Imports of goods and services (BoP, current US$), per unit of GDP in Cayman Islands
Cayman Islands: Imports of goods and services (BoP, current US$), per unit of GDP was 0.4858 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Imports of goods and services (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 0.4858 BoP, current US$ per US$ of GDP for imports of goods and services (bop, current us$), per unit of gdp in 2024.
The figure is up 2.4% on the previous year and up 18.3% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per unit of gdp in Cayman Islands peaked at 0.494 BoP, current US$ per US$ of GDP in 2022 and was at its lowest, 0.4108 BoP, current US$ per US$ of GDP, in 2016.
That places Cayman Islands 92nd out of 199 countries with data for 2024, putting it in the middle of the range.
Imports of goods and services (BoP, current US$), per unit of GDP in Cayman Islands, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2016 | 0.4108 BoP, current US$ per US$ of GDP | — |
| 2017 | 0.4341 BoP, current US$ per US$ of GDP | +5.7% |
| 2018 | 0.4553 BoP, current US$ per US$ of GDP | +4.9% |
| 2019 | 0.4616 BoP, current US$ per US$ of GDP | +1.4% |
| 2020 | 0.4439 BoP, current US$ per US$ of GDP | -3.8% |
| 2021 | 0.4632 BoP, current US$ per US$ of GDP | +4.4% |
| 2022 | 0.494 BoP, current US$ per US$ of GDP | +6.6% |
| 2023 | 0.4745 BoP, current US$ per US$ of GDP | -3.9% |
| 2024 | 0.4858 BoP, current US$ per US$ of GDP | +2.4% |
Cayman Islands compared with similar countries
- Cayman Islands's 0.4858 BoP, current US$ per US$ of GDP is below the median for high income countries, which is 0.4933 BoP, current US$ per US$ of GDP, 98% of the median. (72 countries reporting)
- Cayman Islands's 0.4858 BoP, current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.4141 BoP, current US$ per US$ of GDP, 1.2× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.4404 BoP, current US$ per US$ of GDP | 0.4108 BoP, current US$ per US$ of GDP | 0.4616 BoP, current US$ per US$ of GDP | 4 |
| 2020s | 0.4723 BoP, current US$ per US$ of GDP | 0.4439 BoP, current US$ per US$ of GDP | 0.494 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Cayman Islands
- 89 Oman 0.4878 BoP, current US$ per US$ of GDP compare
- 90 Tajikistan 0.4865 BoP, current US$ per US$ of GDP compare
- 91 Senegal 0.4859 BoP, current US$ per US$ of GDP compare
- 93 Greece 0.4774 BoP, current US$ per US$ of GDP compare
- 94 Zambia 0.4765 BoP, current US$ per US$ of GDP compare
- 95 Poland 0.4754 BoP, current US$ per US$ of GDP compare
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), 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)
- Gross value added at basic prices (GVA) 5.96 billion constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 23.72 million 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)
Frequently asked questions
- What is imports of goods and services (bop, current us$), per unit of gdp in Cayman Islands?
- Imports of goods and services (bop, current us$), per unit of gdp in Cayman Islands was 0.4858 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per unit of gdp recorded in Cayman Islands?
- The highest recorded value was 0.494 BoP, current US$ per US$ of GDP in 2022.
- What is the lowest imports of goods and services (bop, current us$), per unit of gdp recorded in Cayman Islands?
- The lowest recorded value was 0.4108 BoP, current US$ per US$ of GDP in 2016.
- How does Cayman Islands rank for imports of goods and services (bop, current us$), per unit of gdp?
- Cayman Islands ranks 92nd out of 199 countries with data for 2024.
- Is imports of goods and services (bop, current us$), per unit of gdp rising or falling in Cayman Islands?
- Over the last ten years it is up 18.3%. 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 Imports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.