Manufacturing, value added in Cayman Islands
Cayman Islands: Manufacturing, value added was 44.64 million constant 2015 US$ in 2024. ▲ Rising
Manufacturing, value added in Cayman Islands, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2024, manufacturing, value added in Cayman Islands stood at 44.64 million constant 2015 US$.
The figure is down 3.4% on the previous year and up 16.4% over ten years.
Over the whole period, manufacturing, value added in Cayman Islands peaked at 50.38 million constant 2015 US$ in 2021 and was at its lowest, 35.25 million constant 2015 US$, in 2011.
Cayman Islands ranks 167th of 184 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 39.10 million constant 2015 US$ | 36.52 million constant 2015 US$ | 42.45 million constant 2015 US$ | 4 |
| 2010s | 40.36 million constant 2015 US$ | 35.25 million constant 2015 US$ | 48.94 million constant 2015 US$ | 10 |
| 2020s | 46.78 million constant 2015 US$ | 44.64 million constant 2015 US$ | 50.38 million constant 2015 US$ | 5 |
Countries ranked near Cayman Islands
- 164 Grenada 51.53 million constant 2015 US$ compare
- 165 Vanuatu 48.69 million constant 2015 US$ compare
- 166 Greenland 47.72 million constant 2015 US$ compare
- 168 Saint Kitts and Nevis 44.10 million constant 2015 US$ compare
- 169 Samoa 42.89 million constant 2015 US$ compare
- 170 Gambia 41.89 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 manufacturing, value added in Cayman Islands?
- Manufacturing, value added in Cayman Islands was 44.64 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Cayman Islands?
- The highest recorded value was 50.38 million constant 2015 US$ in 2021.
- What is the lowest manufacturing, value added recorded in Cayman Islands?
- The lowest recorded value was 35.25 million constant 2015 US$ in 2011.
- How does Cayman Islands rank for manufacturing, value added?
- Cayman Islands ranks 167th out of 184 countries with data for 2024.
- Is manufacturing, value added rising or falling in Cayman Islands?
- Over the last ten years it is up 16.4%. 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 Manufacturing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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.