Industry (including construction), value added in Cayman Islands
Cayman Islands: Industry (including construction), value added was 450.52 million constant 2015 US$ in 2024. ▲ Rising
Industry (including construction), value added in Cayman Islands, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Cayman Islands recorded 450.52 million constant 2015 US$ for industry (including construction), value added in 2024. That is the highest value across all 19 years on record.
The figure is up 2.0% on the previous year and up 40.7% over ten years.
Over the whole period, industry (including construction), value added in Cayman Islands peaked at 450.52 million constant 2015 US$ in 2024 and was at its lowest, 304.43 million constant 2015 US$, in 2011.
Cayman Islands ranks 167th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 423.74 million constant 2015 US$ | 362.88 million constant 2015 US$ | 448.03 million constant 2015 US$ | 4 |
| 2010s | 335.80 million constant 2015 US$ | 304.43 million constant 2015 US$ | 400.84 million constant 2015 US$ | 10 |
| 2020s | 426.88 million constant 2015 US$ | 395.36 million constant 2015 US$ | 450.52 million constant 2015 US$ | 5 |
Countries ranked near Cayman Islands
- 164 Central African Republic 557.12 million constant 2015 US$ compare
- 165 Isle of Man 528.64 million constant 2015 US$ compare
- 166 Greenland 495.03 million constant 2015 US$ compare
- 168 Gambia 448.58 million constant 2015 US$ compare
- 169 Andorra 448.53 million constant 2015 US$ compare
- 170 Bermuda 397.09 million constant 2015 US$ compare
More economy & growth data for Cayman Islands
- Inflation of consumer prices -0.6% (2016)
- GDP per capita 84,382 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 0.9% (2024)
- Gross domestic product (GDP) 6.28 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 84,382 constant 2015 US$ (2024)
- DEC alternative conversion factor 0.8333 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -379.90 million current LCU (2024)
- Net secondary income (Net current transfers from abroad) -455.88 million current US$ (2024)
- Taxes less subsidies on products 347.01 million current LCU (2024)
- Taxes less subsidies on products 416.41 million current US$ (2024)
Frequently asked questions
- What is industry (including construction), value added in Cayman Islands?
- Industry (including construction), value added in Cayman Islands was 450.52 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Cayman Islands?
- The highest recorded value was 450.52 million constant 2015 US$ in 2024.
- What is the lowest industry (including construction), value added recorded in Cayman Islands?
- The lowest recorded value was 304.43 million constant 2015 US$ in 2011.
- How does Cayman Islands rank for industry (including construction), value added?
- Cayman Islands ranks 167th out of 194 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Cayman Islands?
- Over the last ten years it is up 40.7%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.