Industry value added — all countries

Industry value added — Cayman Islands

Industry value added in the Cayman Islands in 2024 — 593,362,372 US$. Ranked 160 in the world out of 188. Since 2006, the indicator has risen by 43.7%.

2024 593M US$ +6.61% vs 2023
World rank 160of 188
Period maximum 593M US$2024
Period minimum 285M US$2011

Trend over time

2006–2024 · US$

Industry value added — Cayman Islands, 2006–2024200M300M400M500M600M20062008201020122014201620182020202220242006: 412,829,251 US$2007: 431,031,644 US$2008: 416,612,026 US$2009: 338,407,834 US$2010: 293,693,615 US$2011: 285,210,781 US$2012: 294,274,777 US$2013: 305,055,140 US$2014: 314,662,619 US$2015: 329,855,999 US$2016: 357,590,750 US$2017: 371,652,887 US$2018: 410,029,040 US$2019: 457,998,632 US$2020: 460,058,615 US$2021: 507,147,210 US$2022: 531,580,147 US$2023: 556,597,569 US$2024: 593,362,372 US$
Change over the period: +181M (+43.73%) Average annual rate: 2.04 %

Comparison, 2024

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

Cayman Islands 593M US$
World 28.4T US$
High-income countries computed 9.88T US$
Industry value added — Cayman Islands, by year Cayman Islands All countries CSV XLSX
Year US$ Change Change, %
2024 593M +36.76M +6.61%
2023 557M +25.02M +4.71%
2022 532M +24.43M +4.82%
2021 507M +47.09M +10.24%
2020 460M +2.06M +0.45%
2019 458M +47.97M +11.7%
2018 410M +38.38M +10.33%
2017 372M +14.06M +3.93%
2016 358M +27.73M +8.41%
2015 330M +15.19M +4.83%
2014 315M +9.61M +3.15%
2013 305M +10.78M +3.66%
2012 294M +9.06M +3.18%
2011 285M −8.48M −2.89%
2010 294M −44.71M −13.21%
2009 338M −78.2M −18.77%
2008 417M −14.42M −3.35%
2007 431M +18.2M +4.41%
2006 413M

About the indicator

Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.

Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.

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