Industry (including construction), value … 2015 rate annual growth in Cayman Islands
Cayman Islands: Industry (including construction), value … 2015 rate annual growth was 2.03 % change on previous year in 2024. ◆ Volatile
Industry (including construction), value added (constant 2015 US$) in Cayman Islands, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, industry (including construction), value added (constant 2015 us$) in Cayman Islands stood at 2.03 % change on previous year.
The figure is down 42.7% on the previous year and down 5.6% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Cayman Islands peaked at 7.81 % change on previous year in 2019 and was at its lowest, -18.52 % change on previous year, in 2009.
Cayman Islands ranks 111th of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value … 2015 rate annual growth in Cayman Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | -2.08 % change on previous year | — |
| 2008 | 1.51 % change on previous year | -172.6% |
| 2009 | -18.52 % change on previous year | -1325.8% |
| 2010 | -14.52 % change on previous year | -21.6% |
| 2011 | -1.85 % change on previous year | -87.2% |
| 2012 | 1.3 % change on previous year | -170.4% |
| 2013 | 1.68 % change on previous year | +28.6% |
| 2014 | 2.15 % change on previous year | +27.9% |
| 2015 | 2.98 % change on previous year | +39.1% |
| 2016 | 4.54 % change on previous year | +52.2% |
| 2017 | 2.59 % change on previous year | -42.9% |
| 2018 | 5.1 % change on previous year | +96.9% |
| 2019 | 7.81 % change on previous year | +53.0% |
| 2020 | -1.37 % change on previous year | -117.5% |
| 2021 | 6.35 % change on previous year | -564.1% |
| 2022 | 1.44 % change on previous year | -77.4% |
| 2023 | 3.54 % change on previous year | +146.3% |
| 2024 | 2.03 % change on previous year | -42.7% |
Cayman Islands compared with similar countries
- Cayman Islands's 2.03 % change on previous year is above the median for high income countries, which is 1.92 % change on previous year, 1.1× the median. (69 countries reporting)
- Cayman Islands's 2.03 % change on previous year is below the median for Latin America & Caribbean, which is 2.15 % change on previous year, 94% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction), value … 2015 rate annual growth in Cayman Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -1325.8% | 1.51 % change on previous year | -18.52 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -6.36 % change on previous year | -18.52 % change on previous year | 1.51 % change on previous year | 3 |
| 2010s | 1.18 % change on previous year | -14.52 % change on previous year | 7.81 % change on previous year | 10 |
| 2020s | 2.4 % change on previous year | -1.37 % change on previous year | 6.35 % change on previous year | 5 |
Countries ranked near Cayman Islands
- 108 Romania 2.05 % change on previous year compare
- 109 Turkey 2.05 % change on previous year compare
- 110 Sudan 2.04 % change on previous year compare
- 112 Trinidad and Tobago 2 % change on previous year compare
- 113 Malawi 2 % change on previous year compare
- 114 Qatar 1.99 % change on previous year 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$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net inflows 40.9% (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 270.42 million current US$ (2025)
- Total reserves 270.42 million includes gold, current US$ (2025)
- GDP deflator 123.6 base year varies by country (2024)
Frequently asked questions
- What is industry (including construction), value added (constant 2015 us$) in Cayman Islands?
- Industry (including construction), value added (constant 2015 us$) in Cayman Islands was 2.03 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Cayman Islands?
- The highest recorded value was 7.81 % change on previous year in 2019.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Cayman Islands?
- The lowest recorded value was -18.52 % change on previous year in 2009.
- How does Cayman Islands rank for industry (including construction), value added (constant 2015 us$)?
- Cayman Islands ranks 111th out of 195 countries with data for 2024.
- Is industry (including construction), value added (constant 2015 us$) rising or falling in Cayman Islands?
- Over the last ten years it is down 5.6%. The long-run trend across the full record is volatile.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Industry (including construction), value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Industry (including construction), value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.