Manufacturing, value added (constant 2015 US$), annual growth rate in Cayman Islands
Cayman Islands: Manufacturing, value added (constant 2015 US$), annual growth rate was -3.4 % change on previous year in 2024. ◆ Volatile
Manufacturing, value added (constant 2015 US$), annual growth rate in Cayman Islands, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, manufacturing, value added (constant 2015 us$), annual growth rate in Cayman Islands stood at -3.4 % change on previous year.
Compared with earlier readings it is down 102.7% on the previous year and down 263.5% over ten years.
Over the whole period, manufacturing, value added (constant 2015 us$), annual growth rate in Cayman Islands peaked at 10.48 % change on previous year in 2008 and was at its lowest, -8.99 % change on previous year, in 2010.
Cayman Islands ranks 166th of 185 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (constant 2015 US$), annual growth rate in Cayman Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 5.21 % change on previous year | — |
| 2008 | 10.48 % change on previous year | +101.1% |
| 2009 | -8.12 % change on previous year | -177.5% |
| 2010 | -8.99 % change on previous year | +10.8% |
| 2011 | -0.7205 % change on previous year | -92.0% |
| 2012 | 3.95 % change on previous year | -648.7% |
| 2013 | 2.52 % change on previous year | -36.2% |
| 2014 | 2.08 % change on previous year | -17.4% |
| 2015 | 2.05 % change on previous year | -1.5% |
| 2016 | 8.08 % change on previous year | +294.2% |
| 2017 | 2.49 % change on previous year | -69.2% |
| 2018 | 7.53 % change on previous year | +203.2% |
| 2019 | 5 % change on previous year | -33.6% |
| 2020 | -6.74 % change on previous year | -234.7% |
| 2021 | 10.39 % change on previous year | -254.2% |
| 2022 | -6.71 % change on previous year | -164.5% |
| 2023 | -1.68 % change on previous year | -75.0% |
| 2024 | -3.4 % change on previous year | +102.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.52 % change on previous year | -8.12 % change on previous year | 10.48 % change on previous year | 3 |
| 2010s | 2.4 % change on previous year | -8.99 % change on previous year | 8.08 % change on previous year | 10 |
| 2020s | -1.63 % change on previous year | -6.74 % change on previous year | 10.39 % change on previous year | 5 |
Countries ranked near Cayman Islands
- 163 Belize -2.98 % change on previous year compare
- 164 Luxembourg -3.23 % change on previous year compare
- 165 Romania -3.37 % change on previous year compare
- 167 Iceland -3.49 % change on previous year compare
- 168 Mozambique -3.82 % change on previous year compare
- 169 Marshall Islands -4.3 % change on previous year compare
More economy & growth data for Cayman Islands
- GDP (current LCU), annual growth rate 6.25 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.82 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.6391 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 66,652 constant LCU per person (2024)
- GDP (current US$), annual growth rate 6.25 % change on previous year (2024)
- GDP (current US$), per capita 104,293 current US$ per person (2024)
- GDP (current LCU), per capita 86,910 current LCU per person (2024)
- GDP (constant 2015 US$), per unit of GDP 0.8091 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 3.76 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 79,983 constant 2015 US$ per person (2024)
Frequently asked questions
- What is manufacturing, value added (constant 2015 us$), annual growth rate in Cayman Islands?
- Manufacturing, value added (constant 2015 us$), annual growth rate in Cayman Islands was -3.4 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant 2015 us$), annual growth rate recorded in Cayman Islands?
- The highest recorded value was 10.48 % change on previous year in 2008.
- What is the lowest manufacturing, value added (constant 2015 us$), annual growth rate recorded in Cayman Islands?
- The lowest recorded value was -8.99 % change on previous year in 2010.
- How does Cayman Islands rank for manufacturing, value added (constant 2015 us$), annual growth rate?
- Cayman Islands ranks 166th out of 185 countries with data for 2024.
- Is manufacturing, value added (constant 2015 us$), annual growth rate rising or falling in Cayman Islands?
- Over the last ten years it is down 263.5%. 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 Manufacturing, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Manufacturing, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Manufacturing, 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 Manufacturing, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.