Net secondary income (Net current transfers from abroad) in Cayman Islands
Cayman Islands: Net secondary income (Net current transfers from abroad) was -455.88 million current US$ in 2024. ▼ Falling
Net secondary income (Net current transfers from abroad) in Cayman Islands, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for net secondary income (net current transfers from abroad) in Cayman Islands is -455.88 million current US$, measured in 2024.
The figure is down 260.4% on the previous year and down 25.0% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Cayman Islands peaked at -126.51 million current US$ in 2023 and was at its lowest, -746.96 million current US$, in 2017.
Cayman Islands ranks 161st of 202 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Net secondary income (Net current transfers from abroad) in Cayman Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2010 | -172.68 million current US$ | — |
| 2011 | -174.69 million current US$ | +1.2% |
| 2012 | -304.77 million current US$ | +74.5% |
| 2013 | -318.51 million current US$ | +4.5% |
| 2014 | -364.65 million current US$ | +14.5% |
| 2015 | -243.17 million current US$ | -33.3% |
| 2016 | -478.18 million current US$ | +96.6% |
| 2017 | -746.96 million current US$ | +56.2% |
| 2018 | -699.15 million current US$ | -6.4% |
| 2019 | -571.23 million current US$ | -18.3% |
| 2020 | -474.89 million current US$ | -16.9% |
| 2021 | -733.40 million current US$ | +54.4% |
| 2022 | -255.51 million current US$ | -65.2% |
| 2023 | -126.51 million current US$ | -50.5% |
| 2024 | -455.88 million current US$ | +260.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -407.40 million current US$ | -746.96 million current US$ | -172.68 million current US$ | 10 |
| 2020s | -409.24 million current US$ | -733.40 million current US$ | -126.51 million current US$ | 5 |
Countries ranked near Cayman Islands
More economy & growth data for Cayman Islands
- Net primary income (Net income from abroad) (current US$), annual 18.32 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 1.4 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per capita 5,593 current US$ per person (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0536 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), annual growth rate 1.4 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 18.32 % change on previous year (2024)
- GNI (current LCU), per unit of GDP 0.6731 current LCU per US$ of GDP (2024)
- GNI (current US$), per capita 84,238 current US$ per person (2024)
- GNI (current LCU), annual growth rate 14.45 % change on previous year (2024)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Cayman Islands?
- Net secondary income (net current transfers from abroad) in Cayman Islands was -455.88 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Cayman Islands?
- The highest recorded value was -126.51 million current US$ in 2023.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Cayman Islands?
- The lowest recorded value was -746.96 million current US$ in 2017.
- How does Cayman Islands rank for net secondary income (net current transfers from abroad)?
- Cayman Islands ranks 161st out of 202 countries with data for 2024.
- Is net secondary income (net current transfers from abroad) rising or falling in Cayman Islands?
- Over the last ten years it is down 25.0%. The long-run trend across the full record is falling.
- Where does this Cayman Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (current US$). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.