Manufacturing, value added (current US$) in Cayman Islands
Cayman Islands: Manufacturing, value added (current US$) was 67.21 million current US$ in 2024. ▲ Rising
Manufacturing, value added in Cayman Islands, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
Cayman Islands recorded 67.21 million current US$ for manufacturing, value added 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 67.21 million current US$ in 2024 and was at its lowest, 31.52 million current US$, in 2010.
Cayman Islands ranks 183rd of 205 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Manufacturing, value added (current US$) in Cayman Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2006 | 32.85 million current US$ | — |
| 2007 | 36.83 million current US$ | +12.1% |
| 2008 | 38.01 million current US$ | +3.2% |
| 2009 | 35.23 million current US$ | -7.3% |
| 2010 | 31.52 million current US$ | -10.5% |
| 2011 | 31.59 million current US$ | +0.2% |
| 2012 | 33.57 million current US$ | +6.3% |
| 2013 | 34.98 million current US$ | +4.2% |
| 2014 | 37.71 million current US$ | +7.8% |
| 2015 | 39.13 million current US$ | +3.8% |
| 2016 | 42.20 million current US$ | +7.9% |
| 2017 | 43.87 million current US$ | +3.9% |
| 2018 | 49.28 million current US$ | +12.3% |
| 2019 | 53.68 million current US$ | +8.9% |
| 2020 | 51.85 million current US$ | -3.4% |
| 2021 | 60.29 million current US$ | +16.3% |
| 2022 | 60.52 million current US$ | +0.4% |
| 2023 | 65.27 million current US$ | +7.8% |
| 2024 | 67.21 million current US$ | +3.0% |
Cayman Islands compared with similar countries
- Cayman Islands's 67.21 million current US$ is below the median for high income countries, which is 12.50 billion current US$, 1% of the median. (75 countries reporting)
- Cayman Islands's 67.21 million current US$ is below the median for Latin America & Caribbean, which is 3.69 billion current US$, 2% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35.73 million current US$ | 32.85 million current US$ | 38.01 million current US$ | 4 |
| 2010s | 39.75 million current US$ | 31.52 million current US$ | 53.68 million current US$ | 10 |
| 2020s | 61.03 million current US$ | 51.85 million current US$ | 67.21 million current US$ | 5 |
Countries ranked near Cayman Islands
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps -1.74 billion BoP, current US$ (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$), gaps filled 3.18 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -23,390 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows 40.9% (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 270.42 million current US$ (2025)
- Total reserves 270.42 million includes gold, current US$ (2025)
- GDP deflator 123.6 base year varies by country (2024)
Frequently asked questions
- What is manufacturing, value added in Cayman Islands?
- Manufacturing, value added in Cayman Islands was 67.21 million current 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 67.21 million current US$ in 2024.
- What is the lowest manufacturing, value added recorded in Cayman Islands?
- The lowest recorded value was 31.52 million current US$ in 2010.
- How does Cayman Islands rank for manufacturing, value added?
- Cayman Islands ranks 183rd 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 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.