Cayman Islands: Agriculture, forestry, and fishing, value added (annual % growth)

Key figures

What the numbers say

In 2024, Cayman Islands' agriculture, forestry, and fishing, value added (annual % growth) rose 25.16 percentage points on 2023 (from -8.96% to 16.19%).

Across the 16 yearly changes before that (2008 to 2023), the average change was −0.97 percentage points and a typical year strayed about 6.91 percentage points from that (the standard deviation). This year's change was 3.8 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 25.16 percentage points in 2024 and the biggest yearly fall was 11.69 percentage points in 2010. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Cayman Islands had the 3rd highest value of the 24 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Cayman Islands in the 2024 ranking

• Marshall Islands — 1st of 24: 21.54%
• Bahamas, The — 2nd of 24: 21.02%
• New Zealand — 4th of 24: 4.7%
• Vanuatu — 5th of 24: 3.91%
• Afghanistan — 6th of 24: 2.63%

What this measures

Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

Limitations: Among the difficulties faced by compilers of national accounts is the extent of unreported economic activity in the informal or secondary economy. In developing countries a large share of agricultural output is either not exchanged (because it is consumed within the household) or not exchanged for money. Agricultural production often must be estimated indirectly, using a combination of methods involving estimates of inputs, yields, and area under cultivation. This approach sometimes leads to crude approximations that can differ from the true values over time and across crops for reasons other than climate conditions or farming techniques.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 18 values

Agriculture, forestry, and fishing, value added (annual % growth) in nearby economies

• Antigua and Barbuda — -2.91% (2025)
• Argentina — 5.13% (2025)
• Aruba — 24.97% (2023)
• Bahamas, The — 21.02% (2024)
• Barbados — -4.25% (2024)
• Belize — 9.1% (2025)
• Bolivia — -3.89% (2024)
• Brazil — 11.7% (2025)
• Chile — 7.52% (2025)

More economic policy & debt data for Cayman Islands

• Foreign direct investment, net inflows (BoP, current US$) — US$35.78 billion (2025)
• Adjusted savings, mineral depletion (current US$) — US$0 (2021)
• Foreign direct investment, net outflows (BoP, current US$) — US$25.25 billion (2025)
• Adjusted savings, carbon dioxide damage (current US$) — US$32.69 million (2021)
• Adjusted savings, energy depletion (current US$) — US$0 (2021)
• Foreign direct investment, net outflows (% of GDP) — -22.43% (2024)
• Foreign direct investment, net inflows (% of GDP) — 40.92% (2024)
• Agriculture, forestry, and fishing, value added (current US$) — US$35.15 million (2024)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Cayman Islands's agriculture, forestry, and fishing, value added (annual % growth)?

16.19% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2007?

It is up 9.56 percentage points from 6.63% in 2007. The highest value was 16.19% in 2024 and the lowest -8.96% in 2023.

How does Cayman Islands rank?

3rd highest of 24 economies with data for 2024.

Is the latest change in agriculture, forestry, and fishing, value added (annual % growth) unusual for Cayman Islands?

In 2024, Cayman Islands' agriculture, forestry, and fishing, value added (annual % growth) rose 25.16 percentage points on 2023 (from -8.96% to 16.19%). Across the 16 yearly changes before that (2008 to 2023), the average change was −0.97 percentage points and a typical year strayed about 6.91 percentage points from that (the standard deviation). This year's change was 3.8 standard deviations above that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator NV.AGR.TOTL.KD.ZG, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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