Share of services in total exports in Cayman Islands
Cayman Islands: Share of services in total exports was 94.7% in 2024. ▲ Rising
Share of services in total exports in Cayman Islands, 2016–2024
Source: United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data. Measured in % of goods and services exports.
Analysis
Cayman Islands recorded 94.7% for share of services in total exports in 2024.
Compared with earlier readings it is down 1.3% on the previous year and up 14.2% over ten years.
Over the whole period, share of services in total exports in Cayman Islands peaked at 97.3% in 2020 and was at its lowest, 82.9%, in 2016.
That places Cayman Islands 6th out of 198 countries with data for 2024, putting it in the top 10%.
Share of services in total exports in Cayman Islands, year by year
| Year | % of goods and services exports | Change |
|---|---|---|
| 2016 | 82.9% | — |
| 2017 | 90.3% | +8.9% |
| 2018 | 92.2% | +2.1% |
| 2019 | 89.7% | -2.7% |
| 2020 | 97.3% | +8.5% |
| 2021 | 97.1% | -0.2% |
| 2022 | 97.1% | -0.1% |
| 2023 | 95.9% | -1.2% |
| 2024 | 94.7% | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 88.8% | 82.9% | 92.2% | 4 |
| 2020s | 96.4% | 94.7% | 97.3% | 5 |
Countries ranked near Cayman Islands
More economy & growth data for Cayman Islands
- GDP (current LCU), per capita 86,910 current LCU per person (2024)
- GDP (current LCU), per unit of GDP 0.8333 current LCU per US$ of GDP (2024)
- Domestic currency per US dollar (End-of-period (EoP)) 0.8333 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 1.14 (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.8762 (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8091 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant LCU), annual growth rate 3.76 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 84,382 constant 2015 US$ per person (2024)
- US dollar per domestic currency (End-of-period (EoP)) 1.2 (2025)
- GDP (constant 2015 US$), annual growth rate 3.76 % change on previous year (2024)
Frequently asked questions
- What is share of services in total exports in Cayman Islands?
- Share of services in total exports in Cayman Islands was 94.7% in 2024, according to United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data.
- What is the highest share of services in total exports recorded in Cayman Islands?
- The highest recorded value was 97.3% in 2020.
- What is the lowest share of services in total exports recorded in Cayman Islands?
- The lowest recorded value was 82.9% in 2016.
- How does Cayman Islands rank for share of services in total exports?
- Cayman Islands ranks 6th out of 198 countries with data for 2024.
- Is share of services in total exports rising or falling in Cayman Islands?
- Over the last ten years it is up 14.2%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from United Nations Population Division, national statistical offices, and Eurostat, via World Bank (2026) – processed by Our World in Data, published as part of Share of services 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.