Ppp conversion factor for private consumption in Cayman Islands
Cayman Islands: Ppp conversion factor for private consumption was 1.17 in 2021. ▲ Rising
Latest (2021)
1.17
Change on year
down 3.3%
World rank
146th
of 204 countries
All-time high
1.22
in 2019
All-time low
1.09
in 2012
Years of data
13
2009–2021
Ppp conversion factor for private consumption in Cayman Islands, 2009–2021
Source: Our World in Data.
Analysis
Cayman Islands recorded 1.17 for ppp conversion factor for private consumption in 2021.
That represents a change of down 3.3% on the previous year and up 3.3% over ten years.
Over the whole period, ppp conversion factor for private consumption in Cayman Islands peaked at 1.22 in 2019 and was at its lowest, 1.09, in 2012.
That places Cayman Islands 146th out of 204 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Ppp conversion factor for private consumption in Cayman Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2009 | 1.17 | — |
| 2010 | 1.15 | -1.3% |
| 2011 | 1.13 | -1.8% |
| 2012 | 1.09 | -3.7% |
| 2013 | 1.15 | +5.9% |
| 2014 | 1.18 | +2.1% |
| 2015 | 1.17 | -1.0% |
| 2016 | 1.15 | -0.9% |
| 2017 | 1.18 | +1.8% |
| 2018 | 1.18 | +0.2% |
| 2019 | 1.22 | +3.1% |
| 2020 | 1.21 | -0.7% |
| 2021 | 1.17 | -3.3% |
Cayman Islands compared with similar countries
- Cayman Islands's 1.17 is above the median for high income countries, which is 1.11, 1.0× the median. (77 countries reporting)
- Cayman Islands's 1.17 is below the median for Latin America & Caribbean, which is 2.39, 49% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.17 | 1.17 | 1.17 | 1 |
| 2010s | 1.16 | 1.09 | 1.22 | 10 |
| 2020s | 1.19 | 1.17 | 1.21 | 2 |
Countries ranked near Cayman Islands
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), per capita 42,674 BoP, current US$ per person (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps -1.74 billion BoP, current US$ (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$), per capita -23,390 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.18 billion BoP, current US$ (2024)
- Total reserves (includes gold, current US$), annual growth rate 7.73 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.4092 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net inflows 40.9% (2024)
- Inflation, consumer prices -0.6% (2016)
Frequently asked questions
- What is ppp conversion factor for private consumption in Cayman Islands?
- Ppp conversion factor for private consumption in Cayman Islands was 1.17 in 2021, according to Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Cayman Islands?
- The highest recorded value was 1.22 in 2019.
- What is the lowest ppp conversion factor for private consumption recorded in Cayman Islands?
- The lowest recorded value was 1.09 in 2012.
- How does Cayman Islands rank for ppp conversion factor for private consumption?
- Cayman Islands ranks 146th out of 204 countries with data for 2021.
- Is ppp conversion factor for private consumption rising or falling in Cayman Islands?
- Over the last ten years it is up 3.3%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from Our World in Data, published as part of Ppp conversion factor for private consumption. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (Our World in Data).