Primary income payments (BoP, current US$), annual growth rate in Cayman Islands
Cayman Islands: Primary income payments (BoP, current US$), annual growth rate was -9.74 % change on previous year in 2024. ◆ Volatile
Primary income payments (BoP, current US$), annual growth rate in Cayman Islands, 2017–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for primary income payments (bop, current us$), annual growth rate in Cayman Islands is -9.74 % change on previous year, measured in 2024.
Compared with earlier readings it is down 129.2% on the previous year and down 319.6% over ten years.
That places Cayman Islands 167th out of 198 countries with data for 2024, putting it in the bottom quarter.
Primary income payments (BoP, current US$), annual growth rate in Cayman Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2017 | 4.44 % change on previous year | — |
| 2018 | 38.26 % change on previous year | +762.3% |
| 2019 | -1.32 % change on previous year | -103.5% |
| 2020 | -30.35 % change on previous year | +2198.1% |
| 2021 | -1.12 % change on previous year | -96.3% |
| 2022 | 57.91 % change on previous year | -5255.0% |
| 2023 | 33.32 % change on previous year | -42.5% |
| 2024 | -9.74 % change on previous year | -129.2% |
Cayman Islands compared with similar countries
- Cayman Islands's -9.74 % change on previous year is below the median for high income countries, which is 2.88 % change on previous year. (71 countries reporting)
- Cayman Islands's -9.74 % change on previous year is below the median for Latin America & Caribbean, which is 6.93 % change on previous year. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 13.79 % change on previous year | -1.32 % change on previous year | 38.26 % change on previous year | 3 |
| 2020s | 10 % change on previous year | -30.35 % change on previous year | 57.91 % change on previous year | 5 |
Countries ranked near Cayman Islands
- 164 Hungary -7.96 % change on previous year compare
- 165 Azerbaijan -8.26 % change on previous year compare
- 166 Saint Lucia -9.47 % change on previous year compare
- 168 Iraq -10.06 % change on previous year compare
- 169 Qatar -10.27 % change on previous year compare
- 170 Venezuela -11.6 % change on previous year
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), 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 primary income payments (bop, current us$), annual growth rate in Cayman Islands?
- Primary income payments (bop, current us$), annual growth rate in Cayman Islands was -9.74 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest primary income payments (bop, current us$), annual growth rate recorded in Cayman Islands?
- The highest recorded value was 57.91 % change on previous year in 2022.
- What is the lowest primary income payments (bop, current us$), annual growth rate recorded in Cayman Islands?
- The lowest recorded value was -30.35 % change on previous year in 2020.
- How does Cayman Islands rank for primary income payments (bop, current us$), annual growth rate?
- Cayman Islands ranks 167th out of 198 countries with data for 2024.
- Is primary income payments (bop, current us$), annual growth rate rising or falling in Cayman Islands?
- Over the last ten years it is down 319.6%. The long-run trend across the full record is volatile.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of Primary income payments (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Primary income payments (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Primary income payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
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
The year-on-year percentage change in Primary income payments (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.