Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Cayman Islands
Cayman Islands: Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices was 0.834 % in 2023. ▼ Falling
Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Cayman Islands, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2023, value added (total manufacturing) — share of gdp us$, 2015 prices in Cayman Islands stood at 0.834 %.
Compared with earlier readings it is down 1.4% on the previous year and up 0.3% over ten years.
Over the whole period, value added (total manufacturing) — share of gdp us$, 2015 prices in Cayman Islands peaked at 1.52 % in 1983 and was at its lowest, 0.7879 %, in 2006.
Cayman Islands ranks 198th of 203 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices in Cayman Islands, year by year
| Year | % | Change |
|---|---|---|
| 1970 | 1.42 % | — |
| 1971 | 1.42 % | -0.0% |
| 1972 | 1.42 % | -0.1% |
| 1973 | 1.42 % | +0.1% |
| 1974 | 1.42 % | +0.1% |
| 1975 | 1.42 % | -0.0% |
| 1976 | 1.41 % | -0.3% |
| 1977 | 1.41 % | -0.3% |
| 1978 | 1.43 % | +1.3% |
| 1979 | 1.43 % | -0.1% |
| 1980 | 1.42 % | -0.7% |
| 1981 | 1.39 % | -1.7% |
| 1982 | 1.39 % | -0.4% |
| 1983 | 1.52 % | +9.8% |
| 1984 | 1.42 % | -6.9% |
| 1985 | 1.37 % | -3.3% |
| 1986 | 1.27 % | -7.2% |
| 1987 | 1.35 % | +6.7% |
| 1988 | 1.19 % | -12.4% |
| 1989 | 1.25 % | +5.0% |
| 1990 | 0.9627 % | -22.7% |
| 1991 | 0.8142 % | -15.4% |
| 1992 | 0.8142 % | -0.0% |
| 1993 | 0.8142 % | +0.0% |
| 1994 | 0.8142 % | -0.0% |
| 1995 | 0.8141 % | -0.0% |
| 1996 | 0.8143 % | +0.0% |
| 1997 | 0.8142 % | -0.0% |
| 1998 | 0.8139 % | -0.0% |
| 1999 | 0.8149 % | +0.1% |
| 2000 | 0.8138 % | -0.1% |
| 2001 | 0.8131 % | -0.1% |
| 2002 | 0.8178 % | +0.6% |
| 2003 | 0.8103 % | -0.9% |
| 2004 | 0.8112 % | +0.1% |
| 2005 | 0.8319 % | +2.6% |
| 2006 | 0.7879 % | -5.3% |
| 2007 | 0.8137 % | +3.3% |
| 2008 | 0.8942 % | +9.9% |
| 2009 | 0.8924 % | -0.2% |
| 2010 | 0.8235 % | -7.7% |
| 2011 | 0.7984 % | -3.0% |
| 2012 | 0.8192 % | +2.6% |
| 2013 | 0.8318 % | +1.5% |
| 2014 | 0.8369 % | +0.6% |
| 2015 | 0.8311 % | -0.7% |
| 2016 | 0.87 % | +4.7% |
| 2017 | 0.8641 % | -0.7% |
| 2018 | 0.8912 % | +3.1% |
| 2019 | 0.9005 % | +1.0% |
| 2020 | 0.8836 % | -1.9% |
| 2021 | 0.9298 % | +5.2% |
| 2022 | 0.846 % | -9.0% |
| 2023 | 0.834 % | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.42 % | 1.41 % | 1.43 % | 10 |
| 1980s | 1.36 % | 1.19 % | 1.52 % | 10 |
| 1990s | 0.8291 % | 0.8139 % | 0.9627 % | 10 |
| 2000s | 0.8286 % | 0.7879 % | 0.8942 % | 10 |
| 2010s | 0.8467 % | 0.7984 % | 0.9005 % | 10 |
| 2020s | 0.8734 % | 0.834 % | 0.9298 % | 4 |
Countries ranked near Cayman Islands
- 195 Cook Islands 1.13 % compare
- 196 Palau 1.11 % compare
- 197 China, Hong Kong SAR 1.1 % compare
- 199 China, Macao SAR 0.7258 % compare
- 200 Turks and Caicos Islands 0.5788 % compare
- 201 Bahamas 0.42 % compare
More economy & growth data for Cayman Islands
- Gross value added at basic prices (GVA) (constant LCU), per capita 66,652 constant LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.82 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7669 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 79,983 constant 2015 US$ 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)
- Taxes less subsidies on products (current LCU), per capita 4,661 current LCU per person (2024)
- GDP (current LCU), annual growth rate 6.25 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0447 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 82,250 current LCU per person (2024)
Frequently asked questions
- What is value added (total manufacturing) — share of gdp us$, 2015 prices in Cayman Islands?
- Value added (total manufacturing) — share of gdp us$, 2015 prices in Cayman Islands was 0.834 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — share of gdp us$, 2015 prices recorded in Cayman Islands?
- The highest recorded value was 1.52 % in 1983.
- What is the lowest value added (total manufacturing) — share of gdp us$, 2015 prices recorded in Cayman Islands?
- The lowest recorded value was 0.7879 % in 2006.
- How does Cayman Islands rank for value added (total manufacturing) — share of gdp us$, 2015 prices?
- Cayman Islands ranks 198th out of 203 countries with data for 2023.
- Is value added (total manufacturing) — share of gdp us$, 2015 prices rising or falling in Cayman Islands?
- Over the last ten years it is up 0.3%. The long-run trend across the full record is falling.
- Where does this Cayman Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Total Manufacturing) — Share of GDP US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).