Primary income payments (BoP, current US$), per unit of GDP in Cayman Islands
Cayman Islands: Primary income payments (BoP, current US$), per unit of GDP was 0.986 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Primary income payments (BoP, current US$), per unit of GDP in Cayman Islands, 2016–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2024, primary income payments (bop, current us$), per unit of gdp in Cayman Islands stood at 0.986 BoP, current US$ per US$ of GDP.
The figure is down 15.1% on the previous year and up 17.9% over ten years.
Over the whole period, primary income payments (bop, current us$), per unit of gdp in Cayman Islands peaked at 1.16 BoP, current US$ per US$ of GDP in 2023 and was at its lowest, 0.6649 BoP, current US$ per US$ of GDP, in 2021.
Cayman Islands ranks 3rd of 199 countries on this measure, in the top 10%.
Primary income payments (BoP, current US$), per unit of GDP in Cayman Islands, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 2016 | 0.8364 BoP, current US$ per US$ of GDP | — |
| 2017 | 0.8301 BoP, current US$ per US$ of GDP | -0.8% |
| 2018 | 1.07 BoP, current US$ per US$ of GDP | +29.2% |
| 2019 | 0.9847 BoP, current US$ per US$ of GDP | -8.2% |
| 2020 | 0.7206 BoP, current US$ per US$ of GDP | -26.8% |
| 2021 | 0.6649 BoP, current US$ per US$ of GDP | -7.7% |
| 2022 | 0.9563 BoP, current US$ per US$ of GDP | +43.8% |
| 2023 | 1.16 BoP, current US$ per US$ of GDP | +21.4% |
| 2024 | 0.986 BoP, current US$ per US$ of GDP | -15.1% |
Cayman Islands compared with similar countries
- Cayman Islands's 0.986 BoP, current US$ per US$ of GDP is above the median for high income countries, which is 0.0777 BoP, current US$ per US$ of GDP, 12.7× the median. (72 countries reporting)
- Cayman Islands's 0.986 BoP, current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.0565 BoP, current US$ per US$ of GDP, 17.5× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.9308 BoP, current US$ per US$ of GDP | 0.8301 BoP, current US$ per US$ of GDP | 1.07 BoP, current US$ per US$ of GDP | 4 |
| 2020s | 0.8977 BoP, current US$ per US$ of GDP | 0.6649 BoP, current US$ per US$ of GDP | 1.16 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Cayman Islands
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$), per unit of gdp in Cayman Islands?
- Primary income payments (bop, current us$), per unit of gdp in Cayman Islands was 0.986 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest primary income payments (bop, current us$), per unit of gdp recorded in Cayman Islands?
- The highest recorded value was 1.16 BoP, current US$ per US$ of GDP in 2023.
- What is the lowest primary income payments (bop, current us$), per unit of gdp recorded in Cayman Islands?
- The lowest recorded value was 0.6649 BoP, current US$ per US$ of GDP in 2021.
- How does Cayman Islands rank for primary income payments (bop, current us$), per unit of gdp?
- Cayman Islands ranks 3rd out of 199 countries with data for 2024.
- Is primary income payments (bop, current us$), per unit of gdp rising or falling in Cayman Islands?
- Over the last ten years it is up 17.9%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Primary income payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Primary income payments (BoP, current US$) ÷ GDP (current US$)
Computed from
- Primary income payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Primary income payments (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.