Net primary income (BoP, current US$), annual growth rate in Cayman Islands
Cayman Islands: Net primary income (BoP, current US$), annual growth rate was 18.32 % change on previous year in 2024. ◆ Volatile
Net primary income (BoP, current US$), annual growth rate in Cayman Islands, 2017–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, net primary income (bop, current us$), annual growth rate in Cayman Islands stood at 18.32 % change on previous year.
Compared with earlier readings it is up 164.2% on the previous year and up 42.0% over ten years.
That places Cayman Islands 49th out of 199 countries with data for 2024, putting it in the top quarter.
Net primary income (BoP, current US$), annual growth rate in Cayman Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2017 | 12.91 % change on previous year | — |
| 2018 | 2.12 % change on previous year | -83.6% |
| 2019 | 7.88 % change on previous year | +271.4% |
| 2020 | 10.89 % change on previous year | +38.2% |
| 2021 | 41.95 % change on previous year | +285.1% |
| 2022 | -78.78 % change on previous year | -287.8% |
| 2023 | -28.53 % change on previous year | -63.8% |
| 2024 | 18.32 % change on previous year | -164.2% |
Cayman Islands compared with similar countries
- Cayman Islands's 18.32 % change on previous year is above the median for high income countries, which is 2.07 % change on previous year, 8.8× the median. (71 countries reporting)
- Cayman Islands's 18.32 % change on previous year is above the median for Latin America & Caribbean, which is -9.77 % change on previous year. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.64 % change on previous year | 2.12 % change on previous year | 12.91 % change on previous year | 3 |
| 2020s | -7.23 % change on previous year | -78.78 % change on previous year | 41.95 % change on previous year | 5 |
Countries ranked near Cayman Islands
- 46 Norway 19.69 % change on previous year compare
- 47 Mali 19.28 % change on previous year compare
- 48 Palestine 18.5 % change on previous year compare
- 50 Algeria 17.98 % change on previous year compare
- 51 Papua New Guinea 17.3 % change on previous year compare
- 52 Guatemala 16.38 % change on previous year compare
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), 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 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)
- Total reserves minus gold 252.10 million current US$ (2024)
Frequently asked questions
- What is net primary income (bop, current us$), annual growth rate in Cayman Islands?
- Net primary income (bop, current us$), annual growth rate in Cayman Islands was 18.32 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net primary income (bop, current us$), annual growth rate recorded in Cayman Islands?
- The highest recorded value was 41.95 % change on previous year in 2021.
- What is the lowest net primary income (bop, current us$), annual growth rate recorded in Cayman Islands?
- The lowest recorded value was -78.78 % change on previous year in 2022.
- How does Cayman Islands rank for net primary income (bop, current us$), annual growth rate?
- Cayman Islands ranks 49th out of 199 countries with data for 2024.
- Is net primary income (bop, current us$), annual growth rate rising or falling in Cayman Islands?
- Over the last ten years it is up 42.0%. 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 Net primary income (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net primary income (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net primary income Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
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 Net primary income (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.