Services, value added (constant LCU), per capita (capita LCU) in Cayman Islands
Cayman Islands: Services, value added (constant LCU), per capita (capita LCU) was 61,345 constant LCU per person in 2024. ▼ Falling
Services, value added (constant LCU), per capita in Cayman Islands, 2006–2024
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
In 2024, services, value added (constant lcu), per capita in Cayman Islands stood at 61,345 constant LCU per person.
Compared with earlier readings it is up 1.9% on the previous year and up 10.4% over ten years.
Over the whole period, services, value added (constant lcu), per capita in Cayman Islands peaked at 70,396 constant LCU per person in 2007 and was at its lowest, 54,556 constant LCU per person, in 2020.
Cayman Islands ranks 88th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Services, value added (constant LCU), per capita (capita LCU) in Cayman Islands, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 2006 | 68,877 constant LCU per person | — |
| 2007 | 70,396 constant LCU per person | +2.2% |
| 2008 | 68,056 constant LCU per person | -3.3% |
| 2009 | 61,065 constant LCU per person | -10.3% |
| 2010 | 58,150 constant LCU per person | -4.8% |
| 2011 | 57,171 constant LCU per person | -1.7% |
| 2012 | 56,660 constant LCU per person | -0.9% |
| 2013 | 55,891 constant LCU per person | -1.4% |
| 2014 | 55,583 constant LCU per person | -0.6% |
| 2015 | 55,653 constant LCU per person | +0.1% |
| 2016 | 55,834 constant LCU per person | +0.3% |
| 2017 | 56,398 constant LCU per person | +1.0% |
| 2018 | 57,137 constant LCU per person | +1.3% |
| 2019 | 58,201 constant LCU per person | +1.9% |
| 2020 | 54,556 constant LCU per person | -6.3% |
| 2021 | 55,348 constant LCU per person | +1.5% |
| 2022 | 57,721 constant LCU per person | +4.3% |
| 2023 | 60,174 constant LCU per person | +4.2% |
| 2024 | 61,345 constant LCU per person | +1.9% |
Cayman Islands compared with similar countries
- Cayman Islands's 61,345 constant LCU per person is above the median for high income countries, which is 41,165 constant LCU per person, 1.5× the median. (70 countries reporting)
- Cayman Islands's 61,345 constant LCU per person is above the median for Latin America & Caribbean, which is 26,201 constant LCU per person, 2.3× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 67,098 constant LCU per person | 61,065 constant LCU per person | 70,396 constant LCU per person | 4 |
| 2010s | 56,668 constant LCU per person | 55,583 constant LCU per person | 58,201 constant LCU per person | 10 |
| 2020s | 57,829 constant LCU per person | 54,556 constant LCU per person | 61,345 constant LCU per person | 5 |
Countries ranked near Cayman Islands
- 85 Switzerland 62,376 constant LCU per person compare
- 86 Kyrgyzstan 62,034 constant LCU per person compare
- 87 Trinidad and Tobago 61,997 constant LCU per person compare
- 89 Central African Republic 56,814 constant LCU per person compare
- 90 Ireland 54,360 constant LCU per person compare
- 91 China 54,288 constant LCU per person compare
More economy & growth data for Cayman Islands
- Gross value added at basic prices (GVA) (current LCU), per capita 82,250 current LCU per person (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 6.54 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9464 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 98,700 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.54 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.7886 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7669 constant 2015 US$ per US$ of GDP (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 2015 US$), per 79,983 constant 2015 US$ per person (2024)
- GDP deflator (base year varies by country), annual growth rate 2.4 % change on previous year (2024)
Frequently asked questions
- What is services, value added (constant lcu), per capita in Cayman Islands?
- Services, value added (constant lcu), per capita in Cayman Islands was 61,345 constant LCU per person in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), per capita recorded in Cayman Islands?
- The highest recorded value was 70,396 constant LCU per person in 2007.
- What is the lowest services, value added (constant lcu), per capita recorded in Cayman Islands?
- The lowest recorded value was 54,556 constant LCU per person in 2020.
- How does Cayman Islands rank for services, value added (constant lcu), per capita?
- Cayman Islands ranks 88th out of 197 countries with data for 2024.
- Is services, value added (constant lcu), per capita rising or falling in Cayman Islands?
- Over the last ten years it is up 10.4%. The long-run trend across the full record is falling.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant LCU), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Services, value added (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant LCU) ÷ Population, total
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- 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
Services, value added (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.