Secondary income, other sectors, payments (BoP, current US$), per in Cayman Islands
Cayman Islands: Secondary income, other sectors, payments (BoP, current US$), per was 26.66 million BoP, current US$ per square kilometre in 2023. ◆ Volatile
Secondary income, other sectors, payments (BoP, current US$), per in Cayman Islands, 2016–2023
Source: Statizoid (derived). Measured in BoP, current US$ per square kilometre.
Analysis
Cayman Islands recorded 26.66 million BoP, current US$ per square kilometre for secondary income, other sectors, payments (bop, current us$), per in 2023. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 34.6% on the previous year and up 631.3% over ten years.
Cayman Islands ranks 3rd of 196 countries on this measure, in the top 10%.
Secondary income, other sectors, payments (BoP, current US$), per in Cayman Islands, year by year
| Year | BoP, current US$ per square kilometre | Change |
|---|---|---|
| 2016 | 3.65 million BoP, current US$ per square kilometre | — |
| 2017 | 12.16 million BoP, current US$ per square kilometre | +233.7% |
| 2018 | 9.52 million BoP, current US$ per square kilometre | -21.8% |
| 2019 | 9.25 million BoP, current US$ per square kilometre | -2.8% |
| 2020 | 8.58 million BoP, current US$ per square kilometre | -7.2% |
| 2021 | 18.75 million BoP, current US$ per square kilometre | +118.6% |
| 2022 | 19.81 million BoP, current US$ per square kilometre | +5.6% |
| 2023 | 26.66 million BoP, current US$ per square kilometre | +34.6% |
Cayman Islands compared with similar countries
- Cayman Islands's 26.66 million BoP, current US$ per square kilometre is above the median for high income countries, which is 75,676 BoP, current US$ per square kilometre, 352.3× the median. (72 countries reporting)
- Cayman Islands's 26.66 million BoP, current US$ per square kilometre is above the median for Latin America & Caribbean, which is 14,062 BoP, current US$ per square kilometre, 1896.0× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.64 million BoP, current US$ per square kilometre | 3.65 million BoP, current US$ per square kilometre | 12.16 million BoP, current US$ per square kilometre | 4 |
| 2020s | 18.45 million BoP, current US$ per square kilometre | 8.58 million BoP, current US$ per square kilometre | 26.66 million BoP, current US$ per square kilometre | 4 |
Countries ranked near Cayman Islands
- 1 Macao 104.06 million BoP, current US$ per square kilometre compare
- 2 Singapore 52.54 million BoP, current US$ per square kilometre compare
- 4 Bermuda 8.41 million BoP, current US$ per square kilometre compare
- 5 Sint Maarten (Dutch part) 5.53 million BoP, current US$ per square kilometre compare
- 6 Luxembourg 3.90 million BoP, current US$ per square kilometre compare
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), per capita 42,674 BoP, current US$ per person (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps -1.74 billion BoP, current US$ (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$), per capita -23,390 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.18 billion BoP, current US$ (2024)
- Total reserves (includes gold, current US$), annual growth rate 7.73 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.4092 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Gross value added at basic prices (GVA) 5.96 billion constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 23.72 million constant 2015 US$ (2024)
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 26.66 million BoP, current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest secondary income, other sectors, payments (bop, current us$), per recorded in Cayman Islands?
- The highest recorded value was 26.66 million BoP, current US$ per square kilometre in 2023.
- What is the lowest secondary income, other sectors, payments (bop, current us$), per recorded in Cayman Islands?
- The lowest recorded value was 3.65 million BoP, current US$ per square kilometre in 2016.
- How does Cayman Islands rank for secondary income, other sectors, payments (bop, current us$), per?
- Cayman Islands ranks 3rd out of 196 countries with data for 2023.
- Is secondary income, other sectors, payments (bop, current us$), per rising or falling in Cayman Islands?
- Over the last ten years it is up 631.3%. 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$), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Secondary income, other sectors, payments (BoP, current US$) divided by Land area (sq. km), 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$) ÷ Land area (sq. km)
Computed from
- Secondary income, other sectors, payments Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Secondary income, other sectors, payments (BoP, current US$) 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.