Personal remittances, paid (current US$), per square kilometre in Cayman Islands
Cayman Islands: Personal remittances, paid (current US$), per square kilometre was 2.52 million current US$ per square kilometre in 2023. ▲ Rising
Personal remittances, paid (current US$), per square kilometre in Cayman Islands, 2016–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
Cayman Islands recorded 2.52 million current US$ per square kilometre for personal remittances, paid (current us$), per square kilometre in 2023. That is the highest value across all 8 years on record.
The figure is up 12.0% on the previous year and up 62.6% over ten years.
That places Cayman Islands 7th out of 194 countries with data for 2023, putting it in the top 10%.
Personal remittances, paid (current US$), per square kilometre in Cayman Islands, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 2016 | 1.55 million current US$ per square kilometre | — |
| 2017 | 1.65 million current US$ per square kilometre | +6.4% |
| 2018 | 1.87 million current US$ per square kilometre | +13.7% |
| 2019 | 2.09 million current US$ per square kilometre | +11.6% |
| 2020 | 2.05 million current US$ per square kilometre | -1.8% |
| 2021 | 2.05 million current US$ per square kilometre | +0.0% |
| 2022 | 2.25 million current US$ per square kilometre | +9.5% |
| 2023 | 2.52 million current US$ per square kilometre | +12.0% |
Cayman Islands compared with similar countries
- Cayman Islands's 2.52 million current US$ per square kilometre is above the median for high income countries, which is 37,536 current US$ per square kilometre, 67.0× the median. (71 countries reporting)
- Cayman Islands's 2.52 million current US$ per square kilometre is above the median for Latin America & Caribbean, which is 10,570 current US$ per square kilometre, 238.0× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.79 million current US$ per square kilometre | 1.55 million current US$ per square kilometre | 2.09 million current US$ per square kilometre | 4 |
| 2020s | 2.22 million current US$ per square kilometre | 2.05 million current US$ per square kilometre | 2.52 million current US$ per square kilometre | 4 |
Countries ranked near Cayman Islands
- 4 Bahrain 3.33 million current US$ per square kilometre compare
- 5 Bermuda 3.26 million current US$ per square kilometre compare
- 6 Sint Maarten (Dutch part) 3.07 million current US$ per square kilometre compare
- 8 Maldives 1.99 million current US$ per square kilometre compare
- 9 Qatar 1.02 million current US$ per square kilometre compare
- 10 Naoero 961,355 current US$ per square kilometre 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$), per square kilometre in Cayman Islands?
- Personal remittances, paid (current us$), per square kilometre in Cayman Islands was 2.52 million current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per square kilometre recorded in Cayman Islands?
- The highest recorded value was 2.52 million current US$ per square kilometre in 2023.
- What is the lowest personal remittances, paid (current us$), per square kilometre recorded in Cayman Islands?
- The lowest recorded value was 1.55 million current US$ per square kilometre in 2016.
- How does Cayman Islands rank for personal remittances, paid (current us$), per square kilometre?
- Cayman Islands ranks 7th out of 194 countries with data for 2023.
- Is personal remittances, paid (current us$), per square kilometre rising or falling in Cayman Islands?
- Over the last ten years it is up 62.6%. 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$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, paid (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ Land area (sq. km)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.