PPP conversion factor for private consumption in Cayman Islands
Cayman Islands: PPP conversion factor for private consumption was 1.17 LCU per international $ in 2021. ▲ Rising
PPP conversion factor for private consumption in Cayman Islands, 2009–2021
Source: ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data. Measured in LCU per international $.
Analysis
Cayman Islands recorded 1.17 LCU per international $ 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 LCU per international $ in 2019 and was at its lowest, 1.09 LCU per international $, 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 | LCU per international $ | Change |
|---|---|---|
| 2009 | 1.17 LCU per international $ | — |
| 2010 | 1.15 LCU per international $ | -1.3% |
| 2011 | 1.13 LCU per international $ | -1.8% |
| 2012 | 1.09 LCU per international $ | -3.7% |
| 2013 | 1.15 LCU per international $ | +5.9% |
| 2014 | 1.18 LCU per international $ | +2.1% |
| 2015 | 1.17 LCU per international $ | -1.0% |
| 2016 | 1.15 LCU per international $ | -0.9% |
| 2017 | 1.18 LCU per international $ | +1.8% |
| 2018 | 1.18 LCU per international $ | +0.2% |
| 2019 | 1.22 LCU per international $ | +3.1% |
| 2020 | 1.21 LCU per international $ | -0.7% |
| 2021 | 1.17 LCU per international $ | -3.3% |
Cayman Islands compared with similar countries
- Cayman Islands's 1.17 LCU per international $ is above the median for high income countries, which is 1.11 LCU per international $, 1.0× the median. (77 countries reporting)
- Cayman Islands's 1.17 LCU per international $ is below the median for Latin America & Caribbean, which is 2.39 LCU per international $, 49% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.17 LCU per international $ | 1.17 LCU per international $ | 1.17 LCU per international $ | 1 |
| 2010s | 1.16 LCU per international $ | 1.09 LCU per international $ | 1.22 LCU per international $ | 10 |
| 2020s | 1.19 LCU per international $ | 1.17 LCU per international $ | 1.21 LCU per international $ | 2 |
Countries ranked near Cayman Islands
- 143 Turks and Caicos Islands 1.32 LCU per international $ compare
- 144 Tuvalu 1.29 LCU per international $ compare
- 145 Canada 1.26 LCU per international $ compare
- 147 Nauru 1.14 LCU per international $ compare
- 148 Guam 1.11 LCU per international $ compare
- 149 Bahamas 1.11 LCU per international $ 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) 5.96 billion constant 2015 US$ (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)
- Total reserves minus gold 252.10 million current US$ (2024)
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 LCU per international $ in 2021, according to ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by 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 LCU per international $ in 2019.
- What is the lowest ppp conversion factor for private consumption recorded in Cayman Islands?
- The lowest recorded value was 1.09 LCU per international $ 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 ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data, published as part of PPP conversion factor for private consumption. Statizoid updates them automatically from the source API.
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