Personal remittances, paid (current US$), per capita in Cayman Islands
Cayman Islands: Personal remittances, paid (current US$), per capita was 8,124 current US$ per person in 2024. ▲ Rising
Personal remittances, paid (current US$), per capita in Cayman Islands, 2016–2024
Source: Statizoid (derived). Measured in current US$ per person.
Analysis
Cayman Islands recorded 8,124 current US$ per person for personal remittances, paid (current us$), per capita in 2024.
The figure is down 1.7% on the previous year and up 38.1% over ten years.
Over the whole period, personal remittances, paid (current us$), per capita in Cayman Islands peaked at 8,266 current US$ per person in 2023 and was at its lowest, 5,883 current US$ per person, in 2016.
That places Cayman Islands 2nd out of 196 countries with data for 2024, putting it in the top 10%.
Personal remittances, paid (current US$), per capita in Cayman Islands, year by year
| Year | current US$ per person | Change |
|---|---|---|
| 2016 | 5,883 current US$ per person | — |
| 2017 | 6,121 current US$ per person | +4.1% |
| 2018 | 6,810 current US$ per person | +11.3% |
| 2019 | 7,442 current US$ per person | +9.3% |
| 2020 | 7,163 current US$ per person | -3.8% |
| 2021 | 7,019 current US$ per person | -2.0% |
| 2022 | 7,526 current US$ per person | +7.2% |
| 2023 | 8,266 current US$ per person | +9.8% |
| 2024 | 8,124 current US$ per person | -1.7% |
Cayman Islands compared with similar countries
- Cayman Islands's 8,124 current US$ per person is above the median for high income countries, which is 396.53 current US$ per person, 20.5× the median. (71 countries reporting)
- Cayman Islands's 8,124 current US$ per person is above the median for Latin America & Caribbean, which is 108.5 current US$ per person, 74.9× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6,564 current US$ per person | 5,883 current US$ per person | 7,442 current US$ per person | 4 |
| 2020s | 7,620 current US$ per person | 7,019 current US$ per person | 8,266 current US$ per person | 5 |
Countries ranked near Cayman Islands
- 1 Luxembourg 29,123 current US$ per person compare
- 3 San Marino 7,143 current US$ per person compare
- 4 Switzerland 4,694 current US$ per person compare
- 5 Qatar 4,057 current US$ per person 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) 4.96 billion constant LCU (2024)
- Agriculture, forestry, and fishing, value added 16.2% (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)
Frequently asked questions
- What is personal remittances, paid (current us$), per capita in Cayman Islands?
- Personal remittances, paid (current us$), per capita in Cayman Islands was 8,124 current US$ per person in 2024, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per capita recorded in Cayman Islands?
- The highest recorded value was 8,266 current US$ per person in 2023.
- What is the lowest personal remittances, paid (current us$), per capita recorded in Cayman Islands?
- The lowest recorded value was 5,883 current US$ per person in 2016.
- How does Cayman Islands rank for personal remittances, paid (current us$), per capita?
- Cayman Islands ranks 2nd out of 196 countries with data for 2024.
- Is personal remittances, paid (current us$), per capita rising or falling in Cayman Islands?
- Over the last ten years it is up 38.1%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, paid (current US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, paid (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ Population, total
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.