Secondary income, other sectors, payments (BoP, current US$), gaps in Cayman Islands
Cayman Islands: Secondary income, other sectors, payments (BoP, current US$), gaps was 6.25 billion BoP, current US$ in 2024. ◆ Volatile
Secondary income, other sectors, payments (BoP, current US$), gaps in Cayman Islands, 2016–2024
Source: Statizoid (derived). Measured in BoP, current US$.
Analysis
In 2024, secondary income, other sectors, payments (bop, current us$), gaps in Cayman Islands stood at 6.25 billion BoP, current US$.
The figure is down 2.3% on the previous year and up 614.7% over ten years.
Over the whole period, secondary income, other sectors, payments (bop, current us$), gaps in Cayman Islands peaked at 6.40 billion BoP, current US$ in 2023 and was at its lowest, 874.94 million BoP, current US$, in 2016.
That places Cayman Islands 33rd out of 198 countries with data for 2024, putting it in the top quarter.
Secondary income, other sectors, payments (BoP, current US$), gaps in Cayman Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2016 | 874.94 million BoP, current US$ | — |
| 2017 | 2.92 billion BoP, current US$ | +233.7% |
| 2018 | 2.28 billion BoP, current US$ | -21.8% |
| 2019 | 2.22 billion BoP, current US$ | -2.8% |
| 2020 | 2.06 billion BoP, current US$ | -7.2% |
| 2021 | 4.50 billion BoP, current US$ | +118.6% |
| 2022 | 4.75 billion BoP, current US$ | +5.6% |
| 2023 | 6.40 billion BoP, current US$ | +34.6% |
| 2024 | 6.25 billion BoP, current US$ | -2.3% |
Cayman Islands compared with similar countries
- Cayman Islands's 6.25 billion BoP, current US$ is above the median for high income countries, which is 2.57 billion BoP, current US$, 2.4× the median. (72 countries reporting)
- Cayman Islands's 6.25 billion BoP, current US$ is above the median for Latin America & Caribbean, which is 287.45 million BoP, current US$, 21.8× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.07 billion BoP, current US$ | 874.94 million BoP, current US$ | 2.92 billion BoP, current US$ | 4 |
| 2020s | 4.79 billion BoP, current US$ | 2.06 billion BoP, current US$ | 6.40 billion BoP, current US$ | 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 secondary income, other sectors, payments (bop, current us$), gaps in Cayman Islands?
- Secondary income, other sectors, payments (bop, current us$), gaps in Cayman Islands was 6.25 billion BoP, current US$ in 2024, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), gaps recorded in Cayman Islands?
- The highest recorded value was 6.40 billion BoP, current US$ in 2023.
- What is the lowest secondary income, other sectors, payments (bop, current us$), gaps recorded in Cayman Islands?
- The lowest recorded value was 874.94 million BoP, current US$ in 2016.
- How does Cayman Islands rank for secondary income, other sectors, payments (bop, current us$), gaps?
- Cayman Islands ranks 33rd out of 198 countries with data for 2024.
- Is secondary income, other sectors, payments (bop, current us$), gaps rising or falling in Cayman Islands?
- Over the last ten years it is up 614.7%. 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 Secondary income, other sectors, payments (BoP, current US$), gaps filled. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Secondary income, other sectors, payments (BoP, current US$) with 62 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
Computed from
- Secondary income, other sectors, 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
Secondary income, other sectors, payments (BoP, current US$) with 62 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.