Cayman Islands: GDP per capita, PPP (current international $)

Key figures

What the numbers say

In 2024, Cayman Islands' GDP per capita, PPP (current international $) rose 3,806 on 2023 (from 88,395 to 92,201).

Across the 17 yearly changes before that (2007 to 2023), the average change was +776.74 and a typical year strayed about 4,280 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 8,042 in 2021 and the biggest yearly fall was 7,043 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 2,934 a year. A straight line explains 81% 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 3rd highest value of the 10 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

• Bermuda — 1st of 10: 118,728
• Faroe Islands — 3rd of 10: 82,089
• United Arab Emirates — 4th of 10: 79,344
• Aruba — 5th of 10: 51,712

What this measures

This indicator provides values for gross domestic product (GDP) per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator.

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

All 19 values

GDP per capita, PPP (current international $) in nearby economies

• Antigua and Barbuda — 35,833 (2025)
• Argentina — 32,587 (2025)
• Aruba — 51,712 (2024)
• Bahamas, The — 41,258 (2024)
• Barbados — 25,894 (2025)
• Belize — 14,966 (2025)
• Bolivia — 12,873 (2025)
• Brazil — 23,433 (2025)
• Chile — 37,774 (2025)
• Colombia — 22,640 (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 GDP per capita, PPP (current international $)?

92,201 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2006?

It is up 22.62% from 75,191 in 2006 (1.14% a year on average, compounded). The highest value was 92,201 in 2024 and the lowest 63,561 in 2014.

How does Cayman Islands rank?

3rd highest of 10 economies with data for 2024.

Is the latest change in GDP per capita, PPP (current international $) unusual for Cayman Islands?

In 2024, Cayman Islands' GDP per capita, PPP (current international $) rose 3,806 on 2023 (from 88,395 to 92,201). Across the 17 yearly changes before that (2007 to 2023), the average change was +776.74 and a typical year strayed about 4,280 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.PP.CD, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Progr… 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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