Share of service in total exports in Cayman Islands
Cayman Islands: Share of service in total exports was 268.63 million BoP, current US$ in 2024. ◆ Volatile
Share of service in total exports in Cayman Islands, 2016–2024
Source: International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data. Measured in BoP, current US$.
Analysis
Cayman Islands recorded 268.63 million BoP, current US$ for share of service in total exports in 2024.
The figure is up 39.9% on the previous year and down 57.7% over ten years.
Over the whole period, share of service in total exports in Cayman Islands peaked at 634.62 million BoP, current US$ in 2016 and was at its lowest, 91.75 million BoP, current US$, in 2020.
Cayman Islands ranks 169th of 198 countries on this measure, in the bottom quarter.
Share of service in total exports in Cayman Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2016 | 634.62 million BoP, current US$ | — |
| 2017 | 370.43 million BoP, current US$ | -41.6% |
| 2018 | 309.42 million BoP, current US$ | -16.5% |
| 2019 | 434.12 million BoP, current US$ | +40.3% |
| 2020 | 91.75 million BoP, current US$ | -78.9% |
| 2021 | 102.11 million BoP, current US$ | +11.3% |
| 2022 | 124.03 million BoP, current US$ | +21.5% |
| 2023 | 192.08 million BoP, current US$ | +54.9% |
| 2024 | 268.63 million BoP, current US$ | +39.9% |
Cayman Islands compared with similar countries
- Cayman Islands's 268.63 million BoP, current US$ is below the median for high income countries, which is 47.85 billion BoP, current US$, 1% of the median. (72 countries reporting)
- Cayman Islands's 268.63 million BoP, current US$ is below the median for Latin America & Caribbean, which is 6.84 billion BoP, current US$, 4% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 437.14 million BoP, current US$ | 309.42 million BoP, current US$ | 634.62 million BoP, current US$ | 4 |
| 2020s | 155.72 million BoP, current US$ | 91.75 million BoP, current US$ | 268.63 million BoP, current US$ | 5 |
Countries ranked near Cayman Islands
- 166 Maldives 382.71 million BoP, current US$ compare
- 167 Gambia 363.32 million BoP, current US$ compare
- 168 Cape Verde 344.22 million BoP, current US$ compare
- 170 Andorra 254.96 million BoP, current US$ compare
- 171 Sint Maarten (Dutch part) 231.04 million BoP, current US$ compare
- 172 Guinea-Bissau 229.40 million BoP, current US$ compare
More economy & growth data for Cayman Islands
- Foreign direct investment, net inflows (BoP, current US$), annual -73.72 % change on previous year (2024)
- Foreign direct investment, net outflows (BoP, current US$), 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 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 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 share of service in total exports in Cayman Islands?
- Share of service in total exports in Cayman Islands was 268.63 million BoP, current US$ in 2024, according to International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data.
- What is the highest share of service in total exports recorded in Cayman Islands?
- The highest recorded value was 634.62 million BoP, current US$ in 2016.
- What is the lowest share of service in total exports recorded in Cayman Islands?
- The lowest recorded value was 91.75 million BoP, current US$ in 2020.
- How does Cayman Islands rank for share of service in total exports?
- Cayman Islands ranks 169th out of 198 countries with data for 2024.
- Is share of service in total exports rising or falling in Cayman Islands?
- Over the last ten years it is down 57.7%. The long-run trend across the full record is volatile.
- Where does this Cayman Islands data come from?
- The figures come from International Monetary Fund (IMF), via World Bank (2026) – processed by Our World in Data, published as part of Share of service in total exports. Statizoid updates them automatically from the source API.
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About this data
Services refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. The share of services in total exports comes from comparing trade in goods and services at current US dollars.