Manufacturing, value added (constant LCU), per unit of GDP in Cayman Islands
Cayman Islands: Manufacturing, value added (constant LCU), per unit of GDP was 0.0048 constant LCU per US$ of GDP in 2024. ▼ Falling
Manufacturing, value added (constant LCU), per unit of GDP in Cayman Islands, 2006–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Cayman Islands recorded 0.0048 constant LCU per US$ of GDP for manufacturing, value added (constant lcu), per unit of gdp in 2024. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 9.1% on the previous year and down 31.6% over ten years.
Over the whole period, manufacturing, value added (constant lcu), per unit of gdp in Cayman Islands peaked at 0.0077 constant LCU per US$ of GDP in 2008 and was at its lowest, 0.0048 constant LCU per US$ of GDP, in 2024.
Cayman Islands ranks 186th of 190 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 19 years of available data.
Manufacturing, value added (constant LCU), per unit of GDP in Cayman Islands, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.0072 constant LCU per US$ of GDP | — |
| 2007 | 0.0072 constant LCU per US$ of GDP | -1.1% |
| 2008 | 0.0077 constant LCU per US$ of GDP | +7.6% |
| 2009 | 0.0076 constant LCU per US$ of GDP | -1.6% |
| 2010 | 0.0071 constant LCU per US$ of GDP | -6.3% |
| 2011 | 0.007 constant LCU per US$ of GDP | -1.4% |
| 2012 | 0.0071 constant LCU per US$ of GDP | +1.4% |
| 2013 | 0.0071 constant LCU per US$ of GDP | -0.2% |
| 2014 | 0.007 constant LCU per US$ of GDP | -1.4% |
| 2015 | 0.0069 constant LCU per US$ of GDP | -1.1% |
| 2016 | 0.0072 constant LCU per US$ of GDP | +3.6% |
| 2017 | 0.007 constant LCU per US$ of GDP | -2.6% |
| 2018 | 0.007 constant LCU per US$ of GDP | +0.5% |
| 2019 | 0.0069 constant LCU per US$ of GDP | -2.3% |
| 2020 | 0.0067 constant LCU per US$ of GDP | -2.0% |
| 2021 | 0.0069 constant LCU per US$ of GDP | +3.0% |
| 2022 | 0.0059 constant LCU per US$ of GDP | -15.0% |
| 2023 | 0.0053 constant LCU per US$ of GDP | -10.5% |
| 2024 | 0.0048 constant LCU per US$ of GDP | -9.1% |
Cayman Islands compared with similar countries
- Cayman Islands's 0.0048 constant LCU per US$ of GDP is below the median for high income countries, which is 0.1012 constant LCU per US$ of GDP, 5% of the median. (67 countries reporting)
- Cayman Islands's 0.0048 constant LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.1599 constant LCU per US$ of GDP, 3% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0074 constant LCU per US$ of GDP | 0.0072 constant LCU per US$ of GDP | 0.0077 constant LCU per US$ of GDP | 4 |
| 2010s | 0.007 constant LCU per US$ of GDP | 0.0069 constant LCU per US$ of GDP | 0.0072 constant LCU per US$ of GDP | 10 |
| 2020s | 0.0059 constant LCU per US$ of GDP | 0.0048 constant LCU per US$ of GDP | 0.0069 constant LCU per US$ of GDP | 5 |
Countries ranked near Cayman Islands
- 183 Isle of Man 0.0124 constant LCU per US$ of GDP compare
- 184 Marshall Islands 0.0117 constant LCU per US$ of GDP compare
- 185 Palau 0.0094 constant LCU per US$ of GDP compare
- 187 Turks and Caicos Islands 0.004 constant LCU per US$ of GDP compare
- 188 Bermuda 0.003 constant LCU per US$ of GDP compare
- 189 Micronesia, Federated States of 0.0027 constant LCU per US$ of GDP compare
More economy & growth data for Cayman Islands
- 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 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)
- 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), per unit of gdp in Cayman Islands?
- Manufacturing, value added (constant lcu), per unit of gdp in Cayman Islands was 0.0048 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant lcu), per unit of gdp recorded in Cayman Islands?
- The highest recorded value was 0.0077 constant LCU per US$ of GDP in 2008.
- What is the lowest manufacturing, value added (constant lcu), per unit of gdp recorded in Cayman Islands?
- The lowest recorded value was 0.0048 constant LCU per US$ of GDP in 2024.
- How does Cayman Islands rank for manufacturing, value added (constant lcu), per unit of gdp?
- Cayman Islands ranks 186th out of 190 countries with data for 2024.
- Is manufacturing, value added (constant lcu), per unit of gdp rising or falling in Cayman Islands?
- Over the last ten years it is down 31.6%. The long-run trend across the full record is falling.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of Manufacturing, value added (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (constant LCU) ÷ GDP (current US$)
Computed from
- Manufacturing, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.