Value Added Deflator (Manufacturing) — Value Standard Local Currency in Cayman Islands

Cayman Islands: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 4.46 % change on previous year in 2023. ◆ Volatile

Latest (2023)
4.46 % change on previous year
Change on year
down 57.3%
World rank
109th
of 209 countries
All-time high
22.19 % change on previous year
in 1971
All-time low
-7.88 % change on previous year
in 2008
Years of data
53
1971–2023

Value Added Deflator (Manufacturing) — Value Standard Local Currency in Cayman Islands, 1971–2023

-1001020197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for value added deflator (manufacturing) — value standard local currency in Cayman Islands is 4.46 % change on previous year, measured in 2023.

Compared with earlier readings it is down 57.3% on the previous year and up 241.0% over ten years.

Over the whole period, value added deflator (manufacturing) — value standard local currency in Cayman Islands peaked at 22.19 % change on previous year in 1971 and was at its lowest, -7.88 % change on previous year, in 2008.

That places Cayman Islands 109th out of 209 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added Deflator (Manufacturing) — Value Standard Local Currency in Cayman Islands, year by year

Annual values for Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate in Cayman Islands, 1971 to 2023.
Year % change on previous year Change
1971 22.19 % change on previous year —
1972 18.09 % change on previous year -18.5%
1973 16.23 % change on previous year -10.3%
1974 8.64 % change on previous year -46.8%
1975 8.7 % change on previous year +0.6%
1976 8.67 % change on previous year -0.3%
1977 8.46 % change on previous year -2.4%
1978 7.32 % change on previous year -13.6%
1979 10.09 % change on previous year +37.9%
1980 8.96 % change on previous year -11.1%
1981 8.56 % change on previous year -4.5%
1982 7.41 % change on previous year -13.4%
1983 15.81 % change on previous year +113.2%
1984 20 % change on previous year +26.5%
1985 0 % change on previous year -100.0%
1986 0 % change on previous year —
1987 0 % change on previous year —
1988 14.29 % change on previous year —
1989 -1.56 % change on previous year -110.9%
1990 14.29 % change on previous year -1014.3%
1991 16.67 % change on previous year +16.7%
1992 2.85 % change on previous year -82.9%
1993 2.52 % change on previous year -11.5%
1994 3.1 % change on previous year +23.0%
1995 3.05 % change on previous year -1.4%
1996 3.32 % change on previous year +8.8%
1997 3.24 % change on previous year -2.5%
1998 0.7471 % change on previous year -76.9%
1999 4.78 % change on previous year +539.2%
2000 3.58 % change on previous year -25.0%
2001 2.14 % change on previous year -40.3%
2002 2.06 % change on previous year -3.7%
2003 2.26 % change on previous year +9.9%
2004 4.63 % change on previous year +105.1%
2005 5.02 % change on previous year +8.4%
2006 4.61 % change on previous year -8.2%
2007 3.84 % change on previous year -16.6%
2008 -7.88 % change on previous year -305.2%
2009 0.078 % change on previous year -101.0%
2010 -0.3649 % change on previous year -567.8%
2011 2.36 % change on previous year -748.1%
2012 2.32 % change on previous year -1.9%
2013 1.31 % change on previous year -43.6%
2014 4.39 % change on previous year +235.5%
2015 1.61 % change on previous year -63.4%
2016 -0.2001 % change on previous year -112.5%
2017 1.42 % change on previous year -810.6%
2018 4.47 % change on previous year +214.1%
2019 3.73 % change on previous year -16.5%
2020 3.58 % change on previous year -3.9%
2021 5.33 % change on previous year +48.6%
2022 10.45 % change on previous year +96.1%
2023 4.46 % change on previous year -57.3%

Cayman Islands compared with similar countries

  • Cayman Islands's 4.46 % change on previous year is below the median for high income countries, which is 4.9 % change on previous year, 91% of the median. (68 countries reporting)
  • Cayman Islands's 4.46 % change on previous year is above the median for Latin America & Caribbean, which is 4.46 % change on previous year, 1.0× the median. (37 countries reporting)

Biggest year-on-year movements

Years where Value Added Deflator (Manufacturing) — Value Standard Local Currency in Cayman Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1990 +1014.3% -1.56 % change on previous year 14.29 % change on previous year
2017 +810.6% -0.2001 % change on previous year 1.42 % change on previous year
2011 +748.1% -0.3649 % change on previous year 2.36 % change on previous year
2010 -567.8% 0.078 % change on previous year -0.3649 % change on previous year
1999 +539.2% 0.7471 % change on previous year 4.78 % change on previous year
2008 -305.2% 3.84 % change on previous year -7.88 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 12.04 % change on previous year 7.32 % change on previous year 22.19 % change on previous year 9
1980s 7.35 % change on previous year -1.56 % change on previous year 20 % change on previous year 10
1990s 5.46 % change on previous year 0.7471 % change on previous year 16.67 % change on previous year 10
2000s 2.03 % change on previous year -7.88 % change on previous year 5.02 % change on previous year 10
2010s 2.1 % change on previous year -0.3649 % change on previous year 4.47 % change on previous year 10
2020s 5.95 % change on previous year 3.58 % change on previous year 10.45 % change on previous year 4

Countries ranked near Cayman Islands

  1. 106 Kuwait 4.8 % change on previous year compare
  2. 107 Bulgaria 4.78 % change on previous year compare
  3. 108 China, Macao SAR 4.49 % change on previous year compare
  4. 110 Côte d'Ivoire 4.38 % change on previous year compare
  5. 111 Jamaica 4.34 % change on previous year compare
  6. 112 Malta 4.22 % change on previous year compare

See the full ranking of 210 places →

More economy & growth data for Cayman Islands

All data for Cayman Islands →

Frequently asked questions

What is value added deflator (manufacturing) — value standard local currency in Cayman Islands?
Value added deflator (manufacturing) — value standard local currency in Cayman Islands was 4.46 % change on previous year in 2023, according to Statizoid (derived).
What is the highest value added deflator (manufacturing) — value standard local currency recorded in Cayman Islands?
The highest recorded value was 22.19 % change on previous year in 1971.
What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Cayman Islands?
The lowest recorded value was -7.88 % change on previous year in 2008.
How does Cayman Islands rank for value added deflator (manufacturing) — value standard local currency?
Cayman Islands ranks 109th out of 209 countries with data for 2023.
Is value added deflator (manufacturing) — value standard local currency rising or falling in Cayman Islands?
Over the last ten years it is up 241.0%. The long-run trend across the full record is volatile.
Where does this Cayman Islands data come from?
The figures come from Statizoid (derived), published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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Value Added Deflator (Manufacturing) — Value Standard Local Currency in Cayman Islands. Statizoid, drawing on Statizoid (derived). Retrieved 26 September 2026, from https://economy.statizoid.com/stat/value-added-deflator-manufacturing-value-standard-local-currency-2015-prices-annual/cayman-islands/

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<a href="https://economy.statizoid.com/stat/value-added-deflator-manufacturing-value-standard-local-currency-2015-prices-annual/cayman-islands/">Value Added Deflator (Manufacturing) — Value Standard Local Currency in Cayman Islands</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,313 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.