Trade in services as share of GDP in Cayman Islands
Cayman Islands: Trade in services as share of GDP was 87.1% in 2024. ▬ Flat
Trade in services as share of GDP in Cayman Islands, 2016–2024
Source: International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for trade in services as share of gdp in Cayman Islands is 87.1%, measured in 2024.
The figure is up 0.3% on the previous year and up 2.4% over ten years.
Over the whole period, trade in services as share of gdp in Cayman Islands peaked at 91.1% in 2018 and was at its lowest, 80.3%, in 2021.
Cayman Islands ranks 14th of 198 countries on this measure, in the top 10%.
Trade in services as share of GDP in Cayman Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2016 | 85.0% | — |
| 2017 | 91.0% | +7.1% |
| 2018 | 91.1% | +0.1% |
| 2019 | 87.2% | -4.3% |
| 2020 | 81.6% | -6.4% |
| 2021 | 80.3% | -1.6% |
| 2022 | 86.7% | +8.0% |
| 2023 | 86.9% | +0.2% |
| 2024 | 87.1% | +0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 88.6% | 85.0% | 91.1% | 4 |
| 2020s | 84.5% | 80.3% | 87.1% | 5 |
Countries ranked near Cayman Islands
- 11 Macau, China 96.8% compare
- 12 Sint Maarten (Dutch part) 95.1% compare
- 13 Naoero 91.0% compare
- 15 Tuvalu 84.5% compare
- 16 Suriname 84.2% compare
- 17 Equatorial Guinea 81.5%
More economy & growth data for Cayman Islands
- GDP (current US$), per capita 104,293 current US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3.82 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.6391 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 66,652 constant LCU per person (2024)
- GDP (current US$), annual growth rate 6.25 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 0.8333 current LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 3.76 % change on previous year (2024)
- GDP (current LCU), per capita 86,910 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 79,983 constant 2015 US$ per person (2024)
- GDP (current LCU), annual growth rate 6.25 % change on previous year (2024)
Frequently asked questions
- What is trade in services as share of gdp in Cayman Islands?
- Trade in services as share of gdp in Cayman Islands was 87.1% in 2024, according to International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data.
- What is the highest trade in services as share of gdp recorded in Cayman Islands?
- The highest recorded value was 91.1% in 2018.
- What is the lowest trade in services as share of gdp recorded in Cayman Islands?
- The lowest recorded value was 80.3% in 2021.
- How does Cayman Islands rank for trade in services as share of gdp?
- Cayman Islands ranks 14th out of 198 countries with data for 2024.
- Is trade in services as share of gdp rising or falling in Cayman Islands?
- Over the last ten years it is up 2.4%. The long-run trend across the full record is flat.
- Where does this Cayman Islands data come from?
- The figures come from International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data, published as part of Trade in services as share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total services trade (exports and imports) divided by gross domestic product (GDP).