Industry (including construction), value added … unit GDP LCU in Cayman Islands
Cayman Islands: Industry (including construction), value added … unit GDP LCU was 0.0483 constant LCU per US$ of GDP in 2024. ▼ Falling
Industry (including construction), value added (constant LCU), per in Cayman Islands, 2006–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, industry (including construction), value added (constant lcu), per in Cayman Islands stood at 0.0483 constant LCU per US$ of GDP. That is the lowest value across all 19 years on record.
The figure is down 4.0% on the previous year and down 17.4% over ten years.
Over the whole period, industry (including construction), value added (constant lcu), per in Cayman Islands peaked at 0.0889 constant LCU per US$ of GDP in 2006 and was at its lowest, 0.0483 constant LCU per US$ of GDP, in 2024.
That places Cayman Islands 195th out of 198 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Industry (including construction), value added … unit GDP LCU in Cayman Islands, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.0889 constant LCU per US$ of GDP | — |
| 2007 | 0.0819 constant LCU per US$ of GDP | -7.9% |
| 2008 | 0.0809 constant LCU per US$ of GDP | -1.1% |
| 2009 | 0.0706 constant LCU per US$ of GDP | -12.7% |
| 2010 | 0.0622 constant LCU per US$ of GDP | -12.0% |
| 2011 | 0.0606 constant LCU per US$ of GDP | -2.5% |
| 2012 | 0.0599 constant LCU per US$ of GDP | -1.2% |
| 2013 | 0.0593 constant LCU per US$ of GDP | -1.0% |
| 2014 | 0.0585 constant LCU per US$ of GDP | -1.4% |
| 2015 | 0.0584 constant LCU per US$ of GDP | -0.2% |
| 2016 | 0.0585 constant LCU per US$ of GDP | +0.3% |
| 2017 | 0.0571 constant LCU per US$ of GDP | -2.5% |
| 2018 | 0.056 constant LCU per US$ of GDP | -1.8% |
| 2019 | 0.0562 constant LCU per US$ of GDP | +0.3% |
| 2020 | 0.0583 constant LCU per US$ of GDP | +3.6% |
| 2021 | 0.0578 constant LCU per US$ of GDP | -0.8% |
| 2022 | 0.0534 constant LCU per US$ of GDP | -7.6% |
| 2023 | 0.0503 constant LCU per US$ of GDP | -5.7% |
| 2024 | 0.0483 constant LCU per US$ of GDP | -4.0% |
Cayman Islands compared with similar countries
- Cayman Islands's 0.0483 constant LCU per US$ of GDP is below the median for high income countries, which is 0.2163 constant LCU per US$ of GDP, 22% of the median. (70 countries reporting)
- Cayman Islands's 0.0483 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.4062 constant LCU per US$ of GDP, 12% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0806 constant LCU per US$ of GDP | 0.0706 constant LCU per US$ of GDP | 0.0889 constant LCU per US$ of GDP | 4 |
| 2010s | 0.0587 constant LCU per US$ of GDP | 0.056 constant LCU per US$ of GDP | 0.0622 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0536 constant LCU per US$ of GDP | 0.0483 constant LCU per US$ of GDP | 0.0583 constant LCU per US$ of GDP | 5 |
Countries ranked near Cayman Islands
- 192 Luxembourg 0.0655 constant LCU per US$ of GDP compare
- 193 East Timor 0.0619 constant LCU per US$ of GDP compare
- 194 Sudan 0.0609 constant LCU per US$ of GDP compare
- 196 Isle of Man 0.0457 constant LCU per US$ of GDP compare
- 197 Bermuda 0.0414 constant LCU per US$ of GDP compare
- 198 Micronesia (country) 0.0219 constant LCU per US$ of GDP 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 lcu), per in Cayman Islands?
- Industry (including construction), value added (constant lcu), per in Cayman Islands was 0.0483 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant lcu), per recorded in Cayman Islands?
- The highest recorded value was 0.0889 constant LCU per US$ of GDP in 2006.
- What is the lowest industry (including construction), value added (constant lcu), per recorded in Cayman Islands?
- The lowest recorded value was 0.0483 constant LCU per US$ of GDP in 2024.
- How does Cayman Islands rank for industry (including construction), value added (constant lcu), per?
- Cayman Islands ranks 195th out of 198 countries with data for 2024.
- Is industry (including construction), value added (constant lcu), per rising or falling in Cayman Islands?
- Over the last ten years it is down 17.4%. The long-run trend across the full record is falling.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of Industry (including construction), value added (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Industry (including construction), value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant LCU) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added Country official statistics, National Statistical Offices (NSOs)
- 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
Industry (including construction), value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.