Manufacturing, value added (current US$), annual growth rate in Cayman Islands
Cayman Islands: Manufacturing, value added (current US$), annual growth rate was 2.98 % change on previous year in 2024. ◆ Volatile
Manufacturing, value added (current US$), annual growth rate in Cayman Islands, 2007–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, manufacturing, value added (current us$), annual growth rate in Cayman Islands stood at 2.98 % change on previous year.
That represents a change of down 62.0% on the previous year and down 61.9% over ten years.
Over the whole period, manufacturing, value added (current us$), annual growth rate in Cayman Islands peaked at 16.27 % change on previous year in 2021 and was at its lowest, -10.54 % change on previous year, in 2010.
Cayman Islands ranks 147th of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (current US$), annual growth rate in Cayman Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2007 | 12.1 % change on previous year | — |
| 2008 | 3.21 % change on previous year | -73.5% |
| 2009 | -7.32 % change on previous year | -327.9% |
| 2010 | -10.54 % change on previous year | +44.0% |
| 2011 | 0.2335 % change on previous year | -102.2% |
| 2012 | 6.27 % change on previous year | +2584.9% |
| 2013 | 4.19 % change on previous year | -33.2% |
| 2014 | 7.82 % change on previous year | +86.7% |
| 2015 | 3.76 % change on previous year | -51.8% |
| 2016 | 7.86 % change on previous year | +108.8% |
| 2017 | 3.94 % change on previous year | -49.8% |
| 2018 | 12.34 % change on previous year | +213.0% |
| 2019 | 8.92 % change on previous year | -27.7% |
| 2020 | -3.4 % change on previous year | -138.1% |
| 2021 | 16.27 % change on previous year | -578.9% |
| 2022 | 0.3845 % change on previous year | -97.6% |
| 2023 | 7.84 % change on previous year | +1938.5% |
| 2024 | 2.98 % change on previous year | -62.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.67 % change on previous year | -7.32 % change on previous year | 12.1 % change on previous year | 3 |
| 2010s | 4.48 % change on previous year | -10.54 % change on previous year | 12.34 % change on previous year | 10 |
| 2020s | 4.82 % change on previous year | -3.4 % change on previous year | 16.27 % change on previous year | 5 |
Countries ranked near Cayman Islands
- 144 Sint Maarten (Dutch part) 3.16 % change on previous year compare
- 145 Uruguay 3.03 % change on previous year compare
- 146 Türkiye 3.03 % change on previous year compare
- 148 Republic of Korea 2.87 % change on previous year compare
- 149 Jamaica 2.59 % change on previous year compare
- 150 Eswatini 2.34 % 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 (current us$), annual growth rate in Cayman Islands?
- Manufacturing, value added (current us$), annual growth rate in Cayman Islands was 2.98 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (current us$), annual growth rate recorded in Cayman Islands?
- The highest recorded value was 16.27 % change on previous year in 2021.
- What is the lowest manufacturing, value added (current us$), annual growth rate recorded in Cayman Islands?
- The lowest recorded value was -10.54 % change on previous year in 2010.
- How does Cayman Islands rank for manufacturing, value added (current us$), annual growth rate?
- Cayman Islands ranks 147th out of 203 countries with data for 2024.
- Is manufacturing, value added (current us$), annual growth rate rising or falling in Cayman Islands?
- Over the last ten years it is down 61.9%. 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 (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Manufacturing, value added (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.