Share of manufacturing in gross domestic product (GDP) in Cayman Islands
Cayman Islands: Share of manufacturing in gross domestic product (GDP) was 0.9% in 2024. ▲ Rising
Share of manufacturing in gross domestic product (GDP) in Cayman Islands, 2006–2024
Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
Cayman Islands recorded 0.9% for share of manufacturing in gross domestic product (gdp) in 2024.
The figure is down 3.1% on the previous year and up 4.7% over ten years.
Over the whole period, share of manufacturing in gross domestic product (gdp) in Cayman Islands peaked at 1.0% in 2021 and was at its lowest, 0.8%, in 2011.
That places Cayman Islands 195th out of 202 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.
Share of manufacturing in gross domestic product (GDP) in Cayman Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2006 | 0.8% | — |
| 2007 | 0.8% | +5.4% |
| 2008 | 0.8% | +0.5% |
| 2009 | 0.8% | -0.7% |
| 2010 | 0.8% | -7.8% |
| 2011 | 0.8% | -0.5% |
| 2012 | 0.8% | +3.7% |
| 2013 | 0.8% | +1.5% |
| 2014 | 0.8% | +4.1% |
| 2015 | 0.8% | +0.6% |
| 2016 | 0.9% | +3.4% |
| 2017 | 0.8% | -1.2% |
| 2018 | 0.9% | +4.9% |
| 2019 | 0.9% | +1.4% |
| 2020 | 0.9% | +1.5% |
| 2021 | 1.0% | +8.5% |
| 2022 | 0.9% | -8.6% |
| 2023 | 0.9% | -1.8% |
| 2024 | 0.9% | -3.1% |
Cayman Islands compared with similar countries
- Cayman Islands's 0.9% is below the median for high income countries, which is 9.5%, 9% of the median. (75 countries reporting)
- Cayman Islands's 0.9% is below the median for Latin America & Caribbean, which is 9.9%, 9% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8% | 0.8% | 0.8% | 4 |
| 2010s | 0.8% | 0.8% | 0.9% | 10 |
| 2020s | 0.9% | 0.9% | 1.0% | 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)
- Gross value added at basic prices (GVA) 5.96 billion constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 29.29 million current LCU (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 252.10 million current US$ (2024)
- Total reserves 252.10 million includes gold, current US$ (2024)
Frequently asked questions
- What is share of manufacturing in gross domestic product (gdp) in Cayman Islands?
- Share of manufacturing in gross domestic product (gdp) in Cayman Islands was 0.9% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
- What is the highest share of manufacturing in gross domestic product (gdp) recorded in Cayman Islands?
- The highest recorded value was 1.0% in 2021.
- What is the lowest share of manufacturing in gross domestic product (gdp) recorded in Cayman Islands?
- The lowest recorded value was 0.8% in 2011.
- How does Cayman Islands rank for share of manufacturing in gross domestic product (gdp)?
- Cayman Islands ranks 195th out of 202 countries with data for 2024.
- Is share of manufacturing in gross domestic product (gdp) rising or falling in Cayman Islands?
- Over the last ten years it is up 4.7%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Share of manufacturing in gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Manufacturing comprises units engaged in the physical, or chemical transformation of materials, substances, or components into new products.