Primary income payments (BoP, current US$), per square kilometre in Cayman Islands
Cayman Islands: Primary income payments (BoP, current US$), per square kilometre was 35.35 million BoP, current US$ per square kilometre in 2023. ▲ Rising
Primary income payments (BoP, current US$), per square kilometre in Cayman Islands, 2016–2023
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
In 2023, primary income payments (bop, current us$), per square kilometre in Cayman Islands stood at 35.35 million BoP, current US$ per square kilometre. That is the highest value across all 8 years on record.
That represents a change of up 33.3% on the previous year and up 106.6% over ten years.
That places Cayman Islands 6th out of 198 countries with data for 2023, putting it in the top 10%.
Primary income payments (BoP, current US$), per square kilometre in Cayman Islands, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 2016 | 17.11 million BoP, current US$ per square kilometre | — |
| 2017 | 17.87 million BoP, current US$ per square kilometre | +4.4% |
| 2018 | 24.70 million BoP, current US$ per square kilometre | +38.3% |
| 2019 | 24.38 million BoP, current US$ per square kilometre | -1.3% |
| 2020 | 16.98 million BoP, current US$ per square kilometre | -30.3% |
| 2021 | 16.79 million BoP, current US$ per square kilometre | -1.1% |
| 2022 | 26.51 million BoP, current US$ per square kilometre | +57.9% |
| 2023 | 35.35 million BoP, current US$ per square kilometre | +33.3% |
Cayman Islands compared with similar countries
- Cayman Islands's 35.35 million BoP, current US$ per square kilometre is above the median for high income countries, which is 245,533 BoP, current US$ per square kilometre, 144.0× the median. (72 countries reporting)
- Cayman Islands's 35.35 million BoP, current US$ per square kilometre is above the median for Latin America & Caribbean, which is 43,534 BoP, current US$ per square kilometre, 811.9× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 21.01 million BoP, current US$ per square kilometre | 17.11 million BoP, current US$ per square kilometre | 24.70 million BoP, current US$ per square kilometre | 4 |
| 2020s | 23.91 million BoP, current US$ per square kilometre | 16.79 million BoP, current US$ per square kilometre | 35.35 million BoP, current US$ per square kilometre | 4 |
Countries ranked near Cayman Islands
- 3 Hong Kong 215.46 million BoP, current US$ per square kilometre compare
- 4 Luxembourg 150.11 million BoP, current US$ per square kilometre compare
- 5 Malta 113.79 million BoP, current US$ per square kilometre compare
- 7 Netherlands 13.09 million BoP, current US$ per square kilometre compare
- 8 Bermuda 10.19 million BoP, current US$ per square kilometre compare
- 9 Bahrain 9.44 million BoP, 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) 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$), per square kilometre in Cayman Islands?
- Primary income payments (bop, current us$), per square kilometre in Cayman Islands was 35.35 million BoP, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest primary income payments (bop, current us$), per square kilometre recorded in Cayman Islands?
- The highest recorded value was 35.35 million BoP, current US$ per square kilometre in 2023.
- What is the lowest primary income payments (bop, current us$), per square kilometre recorded in Cayman Islands?
- The lowest recorded value was 16.79 million BoP, current US$ per square kilometre in 2021.
- How does Cayman Islands rank for primary income payments (bop, current us$), per square kilometre?
- Cayman Islands ranks 6th out of 198 countries with data for 2023.
- Is primary income payments (bop, current us$), per square kilometre rising or falling in Cayman Islands?
- Over the last ten years it is up 106.6%. 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 Primary income payments (BoP, current US$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Primary income payments (BoP, current US$) 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.
Primary income payments (BoP, current US$) ÷ Land area (sq. km)
Computed from
- Primary income payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Primary income payments (BoP, current US$) 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.