Inflation, consumer prices (annual %) (International Financial) in Cayman Islands
Cayman Islands: Inflation, consumer prices (annual %) (International Financial) was -0.6% in 2016. ◆ Volatile
Inflation, consumer prices in Cayman Islands, 2010–2016
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
Cayman Islands recorded -0.6% for inflation, consumer prices in 2016.
The figure is up 73.4% on the previous year and down 326.4% over ten years.
That places Cayman Islands 187th out of 192 countries with data for 2016, putting it in the bottom quarter.
Inflation, consumer prices (annual %) (International Financial) in Cayman Islands, year by year
| Year | annual % | Change |
|---|---|---|
| 2010 | 0.3% | — |
| 2011 | 1.3% | +380.0% |
| 2012 | 1.2% | -10.3% |
| 2013 | 2.2% | +81.7% |
| 2014 | 1.3% | -41.0% |
| 2015 | -2.3% | -284.3% |
| 2016 | -0.6% | -73.4% |
Cayman Islands compared with similar countries
- Cayman Islands's -0.6% is below the median for high income countries, which is 2.3%. (67 countries reporting)
- Cayman Islands's -0.6% is below the median for Latin America & Caribbean, which is 2.6%. (36 countries reporting)
Countries ranked near Cayman Islands
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps -1.74 billion BoP, current US$ (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 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 inflows 40.9% (2024)
- Agriculture, forestry, and fishing, value added 29.29 million current LCU (2024)
- Total reserves minus gold 252.10 million current US$ (2024)
- Total reserves 252.10 million includes gold, current US$ (2024)
- GDP deflator 123.6 base year varies by country (2024)
Frequently asked questions
- What is inflation, consumer prices in Cayman Islands?
- Inflation, consumer prices in Cayman Islands was -0.6% in 2016, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest inflation, consumer prices recorded in Cayman Islands?
- The highest recorded value was 2.2% in 2013.
- What is the lowest inflation, consumer prices recorded in Cayman Islands?
- The lowest recorded value was -2.3% in 2015.
- How does Cayman Islands rank for inflation, consumer prices?
- Cayman Islands ranks 187th out of 192 countries with data for 2016.
- Is inflation, consumer prices rising or falling in Cayman Islands?
- Over the last ten years it is down 326.4%. The long-run trend across the full record is volatile.
- Where does this Cayman Islands data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.