GDP — all countries

GDP — Cayman Islands

GDP in the Cayman Islands in 2024 — 7,765,336,505 US$. Ranked 157 in the world out of 200. Since 2006, the indicator has risen by 84.9%.

2024 7.77B US$ +6.25% vs 2023
World rank 157of 200
Period maximum 7.77B US$2024
Period minimum 4.16B US$2010

Trend over time

2006–2024 · US$

GDP — Cayman Islands, 2006–20244B5B6B7B8B20062008201020122014201620182020202220242006: 4,200,288,241 US$2007: 4,466,278,065 US$2008: 4,585,949,024 US$2009: 4,281,714,567 US$2010: 4,156,841,107 US$2011: 4,186,073,104 US$2012: 4,291,004,524 US$2013: 4,405,796,023 US$2014: 4,562,853,611 US$2015: 4,708,167,233 US$2016: 4,909,322,237 US$2017: 5,166,281,305 US$2018: 5,530,178,441 US$2019: 5,941,896,608 US$2020: 5,655,357,984 US$2021: 6,060,813,808 US$2022: 6,653,516,041 US$2023: 7,308,564,549 US$2024: 7,765,336,505 US$
Change over the period: +3.57B (+84.88%) Average annual rate: 3.47 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Cayman Islands

Cayman Islands 7.77B US$
World 112T US$
Caribbean computed 374B US$
High-income countries computed 71.13T US$
GDP — Cayman Islands, by year Cayman Islands All countries CSV XLSX
Year US$ Change Change, %
2024 7.77B +457M +6.25%
2023 7.31B +655M +9.85%
2022 6.65B +593M +9.78%
2021 6.06B +405M +7.17%
2020 5.66B −287M −4.82%
2019 5.94B +412M +7.44%
2018 5.53B +364M +7.04%
2017 5.17B +257M +5.23%
2016 4.91B +201M +4.27%
2015 4.71B +145M +3.18%
2014 4.56B +157M +3.56%
2013 4.41B +115M +2.68%
2012 4.29B +105M +2.51%
2011 4.19B +29.23M +0.7%
2010 4.16B −125M −2.92%
2009 4.28B −304M −6.63%
2008 4.59B +120M +2.68%
2007 4.47B +266M +6.33%
2006 4.2B

About the indicator

Gross domestic product is the sum of gross value added by all resident producers, plus taxes on products and minus subsidies, in current prices and converted into US dollars at the official exchange rate. GDP in current dollars is convenient for comparing the size of economies in a given year, but it is poorly suited to trends over time: it is moved both by inflation and by exchange rate swings.

Important: For comparing trends over time there is GDP growth in constant prices, and for comparing living standards, GDP per capita at PPP.

Source: World Development Indicators (World Bank), license CC BY 4.0.