Services, value added (current LCU), per unit of GDP in Cayman Islands
Cayman Islands: Services, value added (current LCU), per unit of GDP was 0.7212 current LCU per US$ of GDP in 2024. ▬ Flat
Services, value added (current LCU), per unit of GDP in Cayman Islands, 2006–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for services, value added (current lcu), per unit of gdp in Cayman Islands is 0.7212 current LCU per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 0.2% on the previous year and down 0.9% over ten years.
Over the whole period, services, value added (current lcu), per unit of gdp in Cayman Islands peaked at 0.7301 current LCU per US$ of GDP in 2010 and was at its lowest, 0.6962 current LCU per US$ of GDP, in 2006.
That places Cayman Islands 161st out of 204 countries with data for 2024, putting it in the bottom quarter.
Services, value added (current LCU), per unit of GDP in Cayman Islands, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.6962 current LCU per US$ of GDP | — |
| 2007 | 0.7036 current LCU per US$ of GDP | +1.1% |
| 2008 | 0.7084 current LCU per US$ of GDP | +0.7% |
| 2009 | 0.7242 current LCU per US$ of GDP | +2.2% |
| 2010 | 0.7301 current LCU per US$ of GDP | +0.8% |
| 2011 | 0.7276 current LCU per US$ of GDP | -0.3% |
| 2012 | 0.7266 current LCU per US$ of GDP | -0.1% |
| 2013 | 0.7266 current LCU per US$ of GDP | +0.0% |
| 2014 | 0.7276 current LCU per US$ of GDP | +0.1% |
| 2015 | 0.7286 current LCU per US$ of GDP | +0.1% |
| 2016 | 0.7238 current LCU per US$ of GDP | -0.7% |
| 2017 | 0.7259 current LCU per US$ of GDP | +0.3% |
| 2018 | 0.7176 current LCU per US$ of GDP | -1.1% |
| 2019 | 0.7181 current LCU per US$ of GDP | +0.1% |
| 2020 | 0.7232 current LCU per US$ of GDP | +0.7% |
| 2021 | 0.7104 current LCU per US$ of GDP | -1.8% |
| 2022 | 0.715 current LCU per US$ of GDP | +0.7% |
| 2023 | 0.7196 current LCU per US$ of GDP | +0.7% |
| 2024 | 0.7212 current LCU per US$ of GDP | +0.2% |
Cayman Islands compared with similar countries
- Cayman Islands's 0.7212 current LCU per US$ of GDP is below the median for high income countries, which is 0.8057 current LCU per US$ of GDP, 90% of the median. (77 countries reporting)
- Cayman Islands's 0.7212 current LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 1.91 current LCU per US$ of GDP, 38% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7081 current LCU per US$ of GDP | 0.6962 current LCU per US$ of GDP | 0.7242 current LCU per US$ of GDP | 4 |
| 2010s | 0.7253 current LCU per US$ of GDP | 0.7176 current LCU per US$ of GDP | 0.7301 current LCU per US$ of GDP | 10 |
| 2020s | 0.7179 current LCU per US$ of GDP | 0.7104 current LCU per US$ of GDP | 0.7232 current LCU per US$ of GDP | 5 |
Countries ranked near Cayman Islands
- 158 Cuba 0.7351 current LCU per US$ of GDP compare
- 159 Palau 0.7308 current LCU per US$ of GDP compare
- 160 Turks and Caicos Islands 0.7264 current LCU per US$ of GDP compare
- 162 Luxembourg 0.7208 current LCU per US$ of GDP compare
- 163 Malta 0.7198 current LCU per US$ of GDP compare
- 164 East Timor 0.7163 current LCU per US$ of GDP compare
More economy & growth data for Cayman Islands
- 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)
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net inflows 40.9% (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 270.42 million current US$ (2025)
- Total reserves 270.42 million includes gold, current US$ (2025)
- GDP deflator 123.6 base year varies by country (2024)
Frequently asked questions
- What is services, value added (current lcu), per unit of gdp in Cayman Islands?
- Services, value added (current lcu), per unit of gdp in Cayman Islands was 0.7212 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (current lcu), per unit of gdp recorded in Cayman Islands?
- The highest recorded value was 0.7301 current LCU per US$ of GDP in 2010.
- What is the lowest services, value added (current lcu), per unit of gdp recorded in Cayman Islands?
- The lowest recorded value was 0.6962 current LCU per US$ of GDP in 2006.
- How does Cayman Islands rank for services, value added (current lcu), per unit of gdp?
- Cayman Islands ranks 161st out of 204 countries with data for 2024.
- Is services, value added (current lcu), per unit of gdp rising or falling in Cayman Islands?
- Over the last ten years it is down 0.9%. The long-run trend across the full record is flat.
- Where does this Cayman Islands data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current LCU) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.