Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Cayman Islands
Cayman Islands: Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) was 49.5 million USD in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, 2015 prices in Cayman Islands, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for value added (total manufacturing) — value us$, 2015 prices in Cayman Islands is 49.5 million USD, measured in 2023.
Compared with earlier readings it is up 2.7% on the previous year and up 33.4% over ten years.
Over the whole period, value added (total manufacturing) — value us$, 2015 prices in Cayman Islands peaked at 50.38 million USD in 2021 and was at its lowest, 4.95 million USD, in 1970.
Cayman Islands ranks 210th of 236 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, 2015 prices (2015) in Cayman Islands, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 4.95 million USD | — |
| 1971 | 5.11 million USD | +3.1% |
| 1972 | 5.51 million USD | +8.0% |
| 1973 | 6.31 million USD | +14.5% |
| 1974 | 6.95 million USD | +10.0% |
| 1975 | 7.63 million USD | +9.9% |
| 1976 | 8.36 million USD | +9.6% |
| 1977 | 9.16 million USD | +9.5% |
| 1978 | 10.2 million USD | +11.3% |
| 1979 | 11.19 million USD | +9.7% |
| 1980 | 12.21 million USD | +9.2% |
| 1981 | 13.19 million USD | +8.0% |
| 1982 | 14.43 million USD | +9.4% |
| 1983 | 17.91 million USD | +24.1% |
| 1984 | 17.91 million USD | +0.0% |
| 1985 | 17.91 million USD | +0.0% |
| 1986 | 17.91 million USD | +0.0% |
| 1987 | 20.9 million USD | +16.7% |
| 1988 | 20.9 million USD | +0.0% |
| 1989 | 23.89 million USD | +14.3% |
| 1990 | 20.9 million USD | -12.5% |
| 1991 | 17.91 million USD | -14.3% |
| 1992 | 18.47 million USD | +3.1% |
| 1993 | 19.35 million USD | +4.8% |
| 1994 | 20.38 million USD | +5.3% |
| 1995 | 21.35 million USD | +4.8% |
| 1996 | 22.42 million USD | +5.0% |
| 1997 | 23.65 million USD | +5.5% |
| 1998 | 30.8 million USD | +30.2% |
| 1999 | 31.89 million USD | +3.5% |
| 2000 | 32.15 million USD | +0.8% |
| 2001 | 32.31 million USD | +0.5% |
| 2002 | 33.05 million USD | +2.3% |
| 2003 | 33.41 million USD | +1.1% |
| 2004 | 33.74 million USD | +1.0% |
| 2005 | 36.85 million USD | +9.2% |
| 2006 | 36.51 million USD | -0.9% |
| 2007 | 38.02 million USD | +4.1% |
| 2008 | 42.59 million USD | +12.0% |
| 2009 | 39.44 million USD | -7.4% |
| 2010 | 35.41 million USD | -10.2% |
| 2011 | 34.73 million USD | -1.9% |
| 2012 | 36.07 million USD | +3.9% |
| 2013 | 37.1 million USD | +2.8% |
| 2014 | 38.32 million USD | +3.3% |
| 2015 | 39.13 million USD | +2.1% |
| 2016 | 42.29 million USD | +8.1% |
| 2017 | 43.34 million USD | +2.5% |
| 2018 | 46.61 million USD | +7.5% |
| 2019 | 48.94 million USD | +5.0% |
| 2020 | 45.64 million USD | -6.7% |
| 2021 | 50.38 million USD | +10.4% |
| 2022 | 48.2 million USD | -4.3% |
| 2023 | 49.5 million USD | +2.7% |
Cayman Islands compared with similar countries
- Cayman Islands's 49.5 million USD is below the median for high income countries, which is 9,626 million USD, 1% of the median. (73 countries reporting)
- Cayman Islands's 49.5 million USD is below the median for Latin America & Caribbean, which is 2,333 million USD, 2% of the median. (38 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.54 million USD | 4.95 million USD | 11.19 million USD | 10 |
| 1980s | 17.72 million USD | 12.21 million USD | 23.89 million USD | 10 |
| 1990s | 22.71 million USD | 17.91 million USD | 31.89 million USD | 10 |
| 2000s | 35.81 million USD | 32.15 million USD | 42.59 million USD | 10 |
| 2010s | 40.19 million USD | 34.73 million USD | 48.94 million USD | 10 |
| 2020s | 48.43 million USD | 45.64 million USD | 50.38 million USD | 4 |
Countries ranked near Cayman Islands
- 207 Saint Lucia 69.36 million USD compare
- 208 Bahamas 52.1 million USD compare
- 209 Grenada 49.59 million USD compare
- 211 Micronesia 44.17 million USD compare
- 212 Saint Kitts and Nevis 42.28 million USD compare
- 213 Antigua and Barbuda 39.25 million USD compare
More economy & growth data for Cayman Islands
- 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 outflows (BoP, current US$), gaps -1.74 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 3.18 billion BoP, current US$ (2024)
- Gross value added at basic prices (GVA) 5.96 billion constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 29.29 million current LCU (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 252.10 million current US$ (2024)
- Total reserves 252.10 million includes gold, current US$ (2024)
- GDP deflator 123.6 base year varies by country (2024)
Frequently asked questions
- What is value added (total manufacturing) — value us$, 2015 prices in Cayman Islands?
- Value added (total manufacturing) — value us$, 2015 prices in Cayman Islands was 49.5 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value us$, 2015 prices recorded in Cayman Islands?
- The highest recorded value was 50.38 million USD in 2021.
- What is the lowest value added (total manufacturing) — value us$, 2015 prices recorded in Cayman Islands?
- The lowest recorded value was 4.95 million USD in 1970.
- How does Cayman Islands rank for value added (total manufacturing) — value us$, 2015 prices?
- Cayman Islands ranks 210th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, 2015 prices rising or falling in Cayman Islands?
- Over the last ten years it is up 33.4%. The long-run trend across the full record is volatile.
- 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) — Value 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).