Taxes less subsidies on products (current US$), per unit of GDP in Cayman Islands
Cayman Islands: Taxes less subsidies on products (current US$), per unit of GDP was 0.0536 current US$ per US$ of GDP in 2024. ▬ Flat
Taxes less subsidies on products (current US$), per unit of GDP in Cayman Islands, 2006–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for taxes less subsidies on products (current us$), per unit of gdp in Cayman Islands is 0.0536 current US$ per US$ of GDP, measured in 2024.
The figure is down 4.6% on the previous year and down 1.3% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Cayman Islands peaked at 0.0639 current US$ per US$ of GDP in 2006 and was at its lowest, 0.0464 current US$ per US$ of GDP, in 2020.
Cayman Islands ranks 143rd of 197 countries on this measure, in the middle of the range.
Taxes less subsidies on products (current US$), per unit of GDP in Cayman Islands, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2006 | 0.0639 current US$ per US$ of GDP | — |
| 2007 | 0.0567 current US$ per US$ of GDP | -11.3% |
| 2008 | 0.0565 current US$ per US$ of GDP | -0.4% |
| 2009 | 0.0488 current US$ per US$ of GDP | -13.5% |
| 2010 | 0.0501 current US$ per US$ of GDP | +2.7% |
| 2011 | 0.0554 current US$ per US$ of GDP | +10.6% |
| 2012 | 0.0562 current US$ per US$ of GDP | +1.4% |
| 2013 | 0.0554 current US$ per US$ of GDP | -1.5% |
| 2014 | 0.0543 current US$ per US$ of GDP | -1.9% |
| 2015 | 0.0518 current US$ per US$ of GDP | -4.6% |
| 2016 | 0.0545 current US$ per US$ of GDP | +5.3% |
| 2017 | 0.0528 current US$ per US$ of GDP | -3.1% |
| 2018 | 0.0606 current US$ per US$ of GDP | +14.7% |
| 2019 | 0.0571 current US$ per US$ of GDP | -5.8% |
| 2020 | 0.0464 current US$ per US$ of GDP | -18.7% |
| 2021 | 0.0593 current US$ per US$ of GDP | +27.9% |
| 2022 | 0.0574 current US$ per US$ of GDP | -3.2% |
| 2023 | 0.0562 current US$ per US$ of GDP | -2.2% |
| 2024 | 0.0536 current US$ per US$ of GDP | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0565 current US$ per US$ of GDP | 0.0488 current US$ per US$ of GDP | 0.0639 current US$ per US$ of GDP | 4 |
| 2010s | 0.0548 current US$ per US$ of GDP | 0.0501 current US$ per US$ of GDP | 0.0606 current US$ per US$ of GDP | 10 |
| 2020s | 0.0546 current US$ per US$ of GDP | 0.0464 current US$ per US$ of GDP | 0.0593 current US$ per US$ of GDP | 5 |
Countries ranked near Cayman Islands
- 140 Djibouti 0.0549 current US$ per US$ of GDP compare
- 141 Congo 0.054 current US$ per US$ of GDP compare
- 142 Trinidad and Tobago 0.054 current US$ per US$ of GDP compare
- 144 Rwanda 0.0532 current US$ per US$ of GDP compare
- 145 Zimbabwe 0.0529 current US$ per US$ of GDP compare
- 146 Comoros 0.0526 current US$ 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 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)
- Gross value added at basic prices (GVA) 4.96 billion constant LCU (2024)
- Agriculture, forestry, and fishing, value added 16.2% (2024)
- Agriculture, forestry, and fishing, value added 23.72 million constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 29.29 million current LCU (2024)
- Inflation, consumer prices -0.6% (2016)
Frequently asked questions
- What is taxes less subsidies on products (current us$), per unit of gdp in Cayman Islands?
- Taxes less subsidies on products (current us$), per unit of gdp in Cayman Islands was 0.0536 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Cayman Islands?
- The highest recorded value was 0.0639 current US$ per US$ of GDP in 2006.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Cayman Islands?
- The lowest recorded value was 0.0464 current US$ per US$ of GDP in 2020.
- How does Cayman Islands rank for taxes less subsidies on products (current us$), per unit of gdp?
- Cayman Islands ranks 143rd out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Cayman Islands?
- Over the last ten years it is down 1.3%. 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 Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.