Manufacturing, value added in Cayman Islands
Cayman Islands: Manufacturing, value added was 56.01 million current LCU in 2024. ▲ Rising
Manufacturing, value added in Cayman Islands, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for manufacturing, value added in Cayman Islands is 56.01 million current LCU, measured in 2024. That is the highest value across all 19 years on record.
That represents a change of up 3.0% on the previous year and up 78.2% over ten years.
Over the whole period, manufacturing, value added in Cayman Islands peaked at 56.01 million current LCU in 2024 and was at its lowest, 26.26 million current LCU, in 2010.
That places Cayman Islands 194th out of 205 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Manufacturing, value added in Cayman Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2006 | 27.38 million current LCU | — |
| 2007 | 30.69 million current LCU | +12.1% |
| 2008 | 31.68 million current LCU | +3.2% |
| 2009 | 29.36 million current LCU | -7.3% |
| 2010 | 26.26 million current LCU | -10.5% |
| 2011 | 26.32 million current LCU | +0.2% |
| 2012 | 27.98 million current LCU | +6.3% |
| 2013 | 29.15 million current LCU | +4.2% |
| 2014 | 31.42 million current LCU | +7.8% |
| 2015 | 32.61 million current LCU | +3.8% |
| 2016 | 35.17 million current LCU | +7.9% |
| 2017 | 36.56 million current LCU | +3.9% |
| 2018 | 41.07 million current LCU | +12.3% |
| 2019 | 44.73 million current LCU | +8.9% |
| 2020 | 43.21 million current LCU | -3.4% |
| 2021 | 50.24 million current LCU | +16.3% |
| 2022 | 50.43 million current LCU | +0.4% |
| 2023 | 54.39 million current LCU | +7.8% |
| 2024 | 56.01 million current LCU | +3.0% |
Cayman Islands compared with similar countries
- Cayman Islands's 56.01 million current LCU is below the median for high income countries, which is 34.51 billion current LCU, 0% of the median. (75 countries reporting)
- Cayman Islands's 56.01 million current LCU is below the median for Latin America & Caribbean, which is 29.06 billion current LCU, 0% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 29.77 million current LCU | 27.38 million current LCU | 31.68 million current LCU | 4 |
| 2010s | 33.13 million current LCU | 26.26 million current LCU | 44.73 million current LCU | 10 |
| 2020s | 50.86 million current LCU | 43.21 million current LCU | 56.01 million current LCU | 5 |
Countries ranked near Cayman Islands
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), 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)
- Inflation, GDP deflator 2.4% (2024)
- Services, value added 6.72 billion current US$ (2024)
- Services, value added 5.60 billion current LCU (2024)
- Foreign direct investment, net inflows 40.9% (2024)
- Foreign direct investment, net inflows 3.18 billion BoP, current US$ (2024)
Frequently asked questions
- What is manufacturing, value added in Cayman Islands?
- Manufacturing, value added in Cayman Islands was 56.01 million current LCU 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 56.01 million current LCU in 2024.
- What is the lowest manufacturing, value added recorded in Cayman Islands?
- The lowest recorded value was 26.26 million current LCU in 2010.
- How does Cayman Islands rank for manufacturing, value added?
- Cayman Islands ranks 194th out of 205 countries with data for 2024.
- Is manufacturing, value added rising or falling in Cayman Islands?
- Over the last ten years it is up 78.2%. 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 (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.