Taxes less subsidies on products in Cayman Islands
Cayman Islands: Taxes less subsidies on products was 272.90 million constant LCU in 2024. ▲ Rising
Taxes less subsidies on products in Cayman Islands, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for taxes less subsidies on products in Cayman Islands is 272.90 million constant LCU, measured in 2024. That is the highest value across all 19 years on record.
That represents a change of up 2.6% on the previous year and up 34.8% over ten years.
Over the whole period, taxes less subsidies on products in Cayman Islands peaked at 272.90 million constant LCU in 2024 and was at its lowest, 186.38 million constant LCU, in 2013.
That places Cayman Islands 171st out of 189 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Taxes less subsidies on products in Cayman Islands, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2006 | 266.26 million constant LCU | — |
| 2007 | 241.60 million constant LCU | -9.3% |
| 2008 | 237.45 million constant LCU | -1.7% |
| 2009 | 193.17 million constant LCU | -18.6% |
| 2010 | 186.65 million constant LCU | -3.4% |
| 2011 | 188.00 million constant LCU | +0.7% |
| 2012 | 189.62 million constant LCU | +0.9% |
| 2013 | 186.38 million constant LCU | -1.7% |
| 2014 | 202.39 million constant LCU | +8.6% |
| 2015 | 203.15 million constant LCU | +0.4% |
| 2016 | 224.82 million constant LCU | +10.7% |
| 2017 | 228.70 million constant LCU | +1.7% |
| 2018 | 263.79 million constant LCU | +15.3% |
| 2019 | 258.68 million constant LCU | -1.9% |
| 2020 | 210.67 million constant LCU | -18.6% |
| 2021 | 264.38 million constant LCU | +25.5% |
| 2022 | 262.84 million constant LCU | -0.6% |
| 2023 | 266.09 million constant LCU | +1.2% |
| 2024 | 272.90 million constant LCU | +2.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 234.62 million constant LCU | 193.17 million constant LCU | 266.26 million constant LCU | 4 |
| 2010s | 213.22 million constant LCU | 186.38 million constant LCU | 263.79 million constant LCU | 10 |
| 2020s | 255.38 million constant LCU | 210.67 million constant LCU | 272.90 million constant LCU | 5 |
Countries ranked near Cayman Islands
- 168 Sudan 280.08 million constant LCU
- 169 Andorra 278.99 million constant LCU compare
- 170 Solomon Islands 273.56 million constant LCU compare
- 172 Turks and Caicos Islands 234.38 million constant LCU compare
- 173 Liberia 202.89 million constant LCU compare
- 174 Greenland 169.50 million constant LCU compare
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 taxes less subsidies on products in Cayman Islands?
- Taxes less subsidies on products in Cayman Islands was 272.90 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Cayman Islands?
- The highest recorded value was 272.90 million constant LCU in 2024.
- What is the lowest taxes less subsidies on products recorded in Cayman Islands?
- The lowest recorded value was 186.38 million constant LCU in 2013.
- How does Cayman Islands rank for taxes less subsidies on products?
- Cayman Islands ranks 171st out of 189 countries with data for 2024.
- Is taxes less subsidies on products rising or falling in Cayman Islands?
- Over the last ten years it is up 34.8%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.