Manufacturing, value added (constant LCU), annual growth rate in Cayman Islands
Cayman Islands: Manufacturing, value added (constant LCU), annual growth rate was -3.4 % change on previous year in 2024. ◆ Volatile
Manufacturing, value added (constant LCU), annual growth rate in Cayman Islands, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for manufacturing, value added (constant lcu), annual growth rate in Cayman Islands is -3.4 % change on previous year, measured in 2024.
That represents a change of down 102.7% on the previous year and down 263.5% over ten years.
Over the whole period, manufacturing, value added (constant lcu), 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.
That places Cayman Islands 170th out of 190 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (constant LCU), 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 | -0.7203 % change on previous year | -92.0% |
| 2012 | 3.95 % change on previous year | -648.9% |
| 2013 | 2.52 % change on previous year | -36.2% |
| 2014 | 2.08 % change on previous year | -17.5% |
| 2015 | 2.05 % change on previous year | -1.5% |
| 2016 | 8.08 % change on previous year | +294.2% |
| 2017 | 2.48 % 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
- 167 Belize -2.98 % change on previous year compare
- 168 Luxembourg -3.23 % change on previous year compare
- 169 Romania -3.37 % change on previous year compare
- 171 Iceland -3.49 % change on previous year compare
- 172 Mozambique -3.82 % change on previous year compare
- 173 Marshall Islands -4.3 % change on previous year compare
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), 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)
- Gross value added at basic prices (GVA) 4.96 billion constant LCU (2024)
- Agriculture, forestry, and fishing, value added 16.2% (2024)
- Agriculture, forestry, and fishing, value added 23.72 million constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 29.29 million current LCU (2024)
- Inflation, consumer prices -0.6% (2016)
Frequently asked questions
- What is manufacturing, value added (constant lcu), annual growth rate in Cayman Islands?
- Manufacturing, value added (constant lcu), 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 lcu), 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 lcu), 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 lcu), annual growth rate?
- Cayman Islands ranks 170th out of 190 countries with data for 2024.
- Is manufacturing, value added (constant lcu), 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 LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Manufacturing, value added (constant LCU). 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 LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.