Secondary income, other sectors, payments (BoP, current US$), per in Cayman Islands
Cayman Islands: Secondary income, other sectors, payments (BoP, current US$), per was 83,986 BoP, current US$ per person in 2024. ▲ Rising
Secondary income, other sectors, payments (BoP, current US$), per in Cayman Islands, 2016–2024
Source: Statizoid (derived). Measured in BoP, current US$ per person.
Analysis
Cayman Islands recorded 83,986 BoP, current US$ per person for secondary income, other sectors, payments (bop, current us$), per in 2024.
That represents a change of down 4.1% on the previous year and up 505.7% over ten years.
Over the whole period, secondary income, other sectors, payments (bop, current us$), per in Cayman Islands peaked at 87,607 BoP, current US$ per person in 2023 and was at its lowest, 13,866 BoP, current US$ per person, in 2016.
That places Cayman Islands 1st out of 198 countries with data for 2024, putting it in the top 10%.
Secondary income, other sectors, payments (BoP, current US$), per in Cayman Islands, year by year
| Year | BoP, current US$ per person | Change |
|---|---|---|
| 2016 | 13,866 BoP, current US$ per person | — |
| 2017 | 45,236 BoP, current US$ per person | +226.2% |
| 2018 | 34,634 BoP, current US$ per person | -23.4% |
| 2019 | 32,963 BoP, current US$ per person | -4.8% |
| 2020 | 29,974 BoP, current US$ per person | -9.1% |
| 2021 | 64,179 BoP, current US$ per person | +114.1% |
| 2022 | 66,398 BoP, current US$ per person | +3.5% |
| 2023 | 87,607 BoP, current US$ per person | +31.9% |
| 2024 | 83,986 BoP, current US$ per person | -4.1% |
Cayman Islands compared with similar countries
- Cayman Islands's 83,986 BoP, current US$ per person is above the median for high income countries, which is 729.79 BoP, current US$ per person, 115.1× the median. (72 countries reporting)
- Cayman Islands's 83,986 BoP, current US$ per person is above the median for Latin America & Caribbean, which is 147.44 BoP, current US$ per person, 569.6× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 31,675 BoP, current US$ per person | 13,866 BoP, current US$ per person | 45,236 BoP, current US$ per person | 4 |
| 2020s | 66,429 BoP, current US$ per person | 29,974 BoP, current US$ per person | 87,607 BoP, current US$ per person | 5 |
Countries ranked near Cayman Islands
- 2 Luxembourg 15,874 BoP, current US$ per person compare
- 3 Singapore 7,693 BoP, current US$ per person compare
- 4 Switzerland 7,617 BoP, current US$ per person 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 secondary income, other sectors, payments (bop, current us$), per in Cayman Islands?
- Secondary income, other sectors, payments (bop, current us$), per in Cayman Islands was 83,986 BoP, current US$ per person in 2024, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), per recorded in Cayman Islands?
- The highest recorded value was 87,607 BoP, current US$ per person in 2023.
- What is the lowest secondary income, other sectors, payments (bop, current us$), per recorded in Cayman Islands?
- The lowest recorded value was 13,866 BoP, current US$ per person in 2016.
- How does Cayman Islands rank for secondary income, other sectors, payments (bop, current us$), per?
- Cayman Islands ranks 1st out of 198 countries with data for 2024.
- Is secondary income, other sectors, payments (bop, current us$), per rising or falling in Cayman Islands?
- Over the last ten years it is up 505.7%. 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 Secondary income, other sectors, payments (BoP, current US$), per capita. Statizoid updates them automatically from the source API.
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How this figure is calculated
Secondary income, other sectors, payments (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Secondary income, other sectors, payments (BoP, current US$) ÷ Population, total
Computed from
- Secondary income, other sectors, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Secondary income, other sectors, payments (BoP, current US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.