Cayman Islands: GDP per capita (constant 2015 US$)

Key figures

What the numbers say

In 2024, Cayman Islands' GDP per capita (constant 2015 US$) rose US$1,475 on 2023 (from US$82,907 to US$84,381).

Across the 17 yearly changes before that (2007 to 2023), the average change was −US$774.12 and a typical year strayed about US$3,191 from that (the standard deviation). This year's change was 0.7 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 US$2,964 in 2023 and the biggest yearly fall was US$9,114 in 2009. 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 US$682.51 a year. A straight line explains 49% 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 4th highest value of the 13 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

• Monaco — 1st of 13: US$247,170
• Bermuda — 2nd of 13: US$116,514
• Faroe Islands — 4th of 13: US$59,302
• Turks and Caicos Islands — 5th of 13: US$57,179
• United Arab Emirates — 6th of 13: US$41,605

What this measures

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.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 is 2015. This indicator is expressed in United States dollars.

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

All 19 values

GDP per capita (constant 2015 US$) in nearby economies

• Antigua and Barbuda — US$19,130 (2025)
• Argentina — US$13,287 (2025)
• Aruba — US$33,939 (2024)
• Bahamas, The — US$33,968 (2024)
• Barbados — US$23,014 (2025)
• Belize — US$6,374 (2025)
• Bolivia — US$2,957 (2025)
• Brazil — US$9,748 (2025)
• Chile — US$14,905 (2025)
• Colombia — US$6,976 (2025)
• Costa Rica

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

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Questions people ask

What is Cayman Islands's GDP per capita (constant 2015 US$)?

US$84,381 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2006?

It is down 12.16% from US$96,067 in 2006 (0.72% a year on average, compounded). The highest value was US$96,203 in 2007 and the lowest US$75,200 in 2020.

How does Cayman Islands rank?

4th highest of 13 economies with data for 2024.

Is the latest change in GDP per capita (constant 2015 US$) unusual for Cayman Islands?

In 2024, Cayman Islands' GDP per capita (constant 2015 US$) rose US$1,475 on 2023 (from US$82,907 to US$84,381). Across the 17 yearly changes before that (2007 to 2023), the average change was −US$774.12 and a typical year strayed about US$3,191 from that (the standard deviation). This year's change was 0.7 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 NY.GDP.PCAP.KD, 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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