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Cayman Islands — GDP (PPP)

Also known as GDP at purchasing power parity, PPP GDP, GDP adjusted for purchasing power.

GDP (PPP) for Cayman Islands, 2006–2024.

Latest value · 2024
6.87 billion
GDP (PPP) · current international $ · +89.3% since 2006
Free for any use — attribution is the link itself.

GDP (PPP) for Cayman Islands was 6.87 billion in 2024, according to the latest World Bank data. The series covers 19 years, from 2006 to 2024. The latest year is also the highest value on record for this series. The lowest was 3.59 billion in 2010 (about 1.9× the low point). Across that span the compound annual growth rate works out to 3.61% per year.

Cayman Islands ranks 169 of 201 economies on this measure (1 = highest), putting it in the top 84%. The median for Latin America & Caribbean is 65.06 billion, so Cayman Islands sits below it. Over the last decade (2014–2024) the figure moved up 80%. Within Latin America & Caribbean it ranks 27 of 39 economies; Belize (6.33 billion) is just below it. Its sharpest one-year move was up 14% in 2021. That is 38% above this series' own ten-year average.

Data highlights

Doubling roughly every 20 years at that pace.

World ranking. Slipped: 164th of 196 in 2006 → 170th of 200 in 2010 → 168th of 198 in 2020 → 165th of 195 in 2024.

Adjacent in the latest world ranking (169 of 201): Central African Republic (#168) · Timor-Leste (#170).

Key figures

Latest (2024)
6.87 billion
First (2006)
3.63 billion
Change
+89.3%
Highest
6.87 billion
in 2024
Lowest
3.59 billion
in 2010
Average
4.45 billion
Annual growth (CAGR)
3.61%
Years of data
19

Recent published years. 2024 — 6,865,016,286.98 · 2023 — 6,456,207,349.6 · 2022 — 5,884,291,963.18 · 2021 — 5,199,243,731.07 · 2020 — 4,541,293,637.24.

Full history — 2006 to 2024

All 19 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Cayman Islands — GDP (PPP)
Yearcurrent international $Change
20246,865,016,286.98+6.3%
20236,456,207,349.6+9.7%
20225,884,291,963.18+13.2%
20215,199,243,731.07+14.5%
20204,541,293,637.24-7.2%
20194,894,495,647.28+3.4%
20184,735,347,953.26+7.9%
20174,389,520,709.87+5.9%
20164,144,412,721.59+5.0%
20153,945,662,306+3.2%
20143,823,800,532.93+2.4%
20133,733,288,333.31+0.9%
20123,698,215,081.75-0.2%
20113,704,981,220.91+3.3%
20103,588,140,921.45-1.5%
20093,644,016,497.12-6.6%
20083,902,691,282.07+1.6%
20073,842,652,813.19+6.0%
20063,626,595,917.12—
Reading this correctly. GDP converted using purchasing power parity rates rather than market exchange rates. Better for comparing living standards between countries; not comparable with the nominal GDP figure. Figures are in current international $. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Frequently asked questions

What was Cayman Islands’s GDP (PPP) in 2007?

3,842,652,813.19 (2007). The full year-by-year table above lists every published year, most recent first.

Are Cayman Islands’s GDP (PPP) figures nominal or inflation-adjusted?

They are exactly as the World Bank publishes them — current international $ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.

Is Cayman Islands’s GDP (PPP) growing or shrinking?

Between 2006 and 2024 the series was growing overall: +89.3% in total — about 3.6% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.PP.CD. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2024: 6,865,016,286.98; 2023: 6,456,207,349.6; 2022: 5,884,291,963.18; 2021: 5,199,243,731.07; 2020: 4,541,293,637.24. Earlier years are in the full-history table below.

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Source. World Bank Open Data, indicator NY.GDP.MKTP.PP.CD — GDP (PPP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.
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