Cayman Islands: Agriculture, forestry, and fishing, value added (constant LCU)

Key figures

What the numbers say

In 2024, Cayman Islands' agriculture, forestry, and fishing, value added (constant LCU) rose 16.2% on 2023 (from 17.01 million to 19.77 million).

Across the 17 yearly changes before that (2007 to 2023), the average change was +3.1% and a typical year strayed about 4.9% from that (the standard deviation). This year's change was 2.7 standard deviations above that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 16.2% in 2024 and the biggest yearly fall was 9% in 2023. 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 the straight-line trend is upward, about 446,603 a year. A straight line explains 77% of the movement over 10 observed years.

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 22nd 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

• Bahamas, The — 18th of 24: 85.8 million
• Kiribati — 19th of 24: 83.43 million
• Marshall Islands — 20th of 24: 45.31 million
• Bermuda — 22nd of 24: 14.31 million
• Palau — 23rd of 24: 8.12 million
• Turks and Caicos Islands — 24th of 24: 5.48 million

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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

All 19 values

Agriculture, forestry, and fishing, value added (constant LCU) in nearby economies

• Antigua and Barbuda — 66.44 million (2025)
• Argentina — 53.69 billion (2025)
• Aruba — 2.05 million (2023)
• Bahamas, The — 85.8 million (2024)
• Barbados — 228.57 million (2024)
• Belize — 486.49 million (2025)
• Bolivia — 29.21 billion (2024)
• Brazil — 267.12 billion (2025)
• Chile — 8.69 trillion (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
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Cayman Islands's agriculture, forestry, and fishing, value added (constant LCU)?

19.77 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2006?

It is up 91.57% from 10.32 million in 2006 (3.68% a year on average, compounded). The highest value was 19.77 million in 2024 and the lowest 10.32 million in 2006.

How does Cayman Islands rank?

22nd highest of 24 economies with data for 2024.

Is the latest change in agriculture, forestry, and fishing, value added (constant LCU) unusual for Cayman Islands?

Source

World Bank, World Development Indicators, indicator NV.AGR.TOTL.KN, 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.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.