Industry (including construction), value added in Cayman Islands
Cayman Islands: Industry (including construction), value added was 593.36 million current US$ in 2024. ▲ Rising
Industry (including construction), value added in Cayman Islands, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Cayman Islands recorded 593.36 million current US$ for industry (including construction), value added in 2024. That is the highest value across all 19 years on record.
That represents a change of up 6.6% on the previous year and up 88.6% over ten years.
Over the whole period, industry (including construction), value added in Cayman Islands peaked at 593.36 million current US$ in 2024 and was at its lowest, 285.21 million current US$, in 2011.
Cayman Islands ranks 173rd of 206 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 399.72 million current US$ | 338.41 million current US$ | 431.03 million current US$ | 4 |
| 2010s | 342.00 million current US$ | 285.21 million current US$ | 458.00 million current US$ | 10 |
| 2020s | 529.75 million current US$ | 460.06 million current US$ | 593.36 million current US$ | 5 |
Countries ranked near Cayman Islands
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 593.36 million current 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 593.36 million current US$ in 2024.
- What is the lowest industry (including construction), value added recorded in Cayman Islands?
- The lowest recorded value was 285.21 million current US$ in 2011.
- How does Cayman Islands rank for industry (including construction), value added?
- Cayman Islands ranks 173rd out of 206 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 88.6%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.