Personal remittances, received in Cayman Islands
Cayman Islands: Personal remittances, received was 0.1% in 2024. ▼ Falling
Personal remittances, received in Cayman Islands, 2016–2024
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
Cayman Islands recorded 0.1% for personal remittances, received in 2024. That is the lowest value across all 9 years on record.
Compared with earlier readings it is down 0.2% on the previous year and down 46.2% over ten years.
Over the whole period, personal remittances, received in Cayman Islands peaked at 0.3% in 2017 and was at its lowest, 0.1%, in 2024.
That places Cayman Islands 172nd out of 196 countries with data for 2024, putting it in the bottom quarter.
Personal remittances, received in Cayman Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2016 | 0.3% | — |
| 2017 | 0.3% | +9.6% |
| 2018 | 0.3% | -14.5% |
| 2019 | 0.2% | -7.6% |
| 2020 | 0.2% | -33.1% |
| 2021 | 0.2% | +5.8% |
| 2022 | 0.2% | +13.7% |
| 2023 | 0.1% | -22.6% |
| 2024 | 0.1% | -0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.3% | 0.2% | 0.3% | 4 |
| 2020s | 0.2% | 0.1% | 0.2% | 5 |
Countries ranked near Cayman Islands
More economy & growth data for Cayman Islands
- GDP (current US$), per capita 104,293 current US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.82 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.6391 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 66,652 constant LCU per person (2024)
- GDP (current US$), annual growth rate 6.25 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 0.8333 current LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 3.76 % change on previous year (2024)
- GDP (current LCU), per capita 86,910 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 79,983 constant 2015 US$ per person (2024)
- GDP (current LCU), annual growth rate 6.25 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, received in Cayman Islands?
- Personal remittances, received in Cayman Islands was 0.1% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Cayman Islands?
- The highest recorded value was 0.3% in 2017.
- What is the lowest personal remittances, received recorded in Cayman Islands?
- The lowest recorded value was 0.1% in 2024.
- How does Cayman Islands rank for personal remittances, received?
- Cayman Islands ranks 172nd out of 196 countries with data for 2024.
- Is personal remittances, received rising or falling in Cayman Islands?
- Over the last ten years it is down 46.2%. The long-run trend across the full record is falling.
- Where does this Cayman Islands data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.