Cayman Islands: Export volume index (2015 = 100)

Key figures

What the numbers say

In 2024, Cayman Islands' export volume index (2015 = 100) rose 13.3 on 2023 (from 70 to 83.3).

Across the 18 yearly changes before that (2006 to 2023), the average change was −2.04 and a typical year strayed about 27.09 from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 29.3 in 2015 and the biggest yearly fall was 65.7 in 2006. 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 15% 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 162nd highest value of the 203 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

• Algeria — 160th of 203: 86.8
• Germany — 161st of 203: 86.4
• Bhutan — 162nd of 203: 83.3
• France — 164th of 203: 82.2
• Qatar — 165th of 203: 81.6
• Dominica — 166th of 203: 80.5

What this measures

Export volume indexes are derived from UNCTAD's volume index series and are the ratio of the export value indexes to the corresponding unit value indexes. Unit value indexes are based on data reported by countries that demonstrate consistency under UNCTAD quality controls, supplemented by UNCTAD's estimates using the previous year's trade values at the Standard International Trade Classification three-digit level as weights.

All 20 values

Export volume index (2015 = 100) in nearby economies

• Antigua and Barbuda — 47.2 (2024)
• Argentina — 121.1 (2024)
• Aruba — 40.1 (2024)
• Bahamas, The — 116.7 (2024)
• Barbados — 78.2 (2024)
• Belize — 77.7 (2024)
• Bolivia — 75.2 (2024)
• Brazil — 139.5 (2024)
• British Virgin Islands — 66.5 (2024)
• Chile — 106 (2024)
• Colombia — 98.5 (2024)

More trade data for Cayman Islands

• Import volume index (2015 = 100) — 170.7 (2024)
• Import value index (2015 = 100) — 228.6 (2024)
• Net barter terms of trade index (2015 = 100) — 81.6 (2024)
• Export value index (2015 = 100) — 91 (2024)

Every indicator for Cayman Islands is on the Cayman Islands data page.

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 export volume index (2015 = 100)?

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

How has it changed since 2005?

It is down 22% from 106.8 in 2005 (1.3% a year on average, compounded). The highest value was 106.8 in 2005 and the lowest 14.6 in 2021.

How does Cayman Islands rank?

162nd highest of 203 economies with data for 2024.

Is the latest change in export volume index (2015 = 100) unusual for Cayman Islands?

In 2024, Cayman Islands' export volume index (2015 = 100) rose 13.3 on 2023 (from 70 to 83.3). Across the 18 yearly changes before that (2006 to 2023), the average change was −2.04 and a typical year strayed about 27.09 from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TX.QTY.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) 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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