Cayman Islands — GDP
GDP (Nominal) for Cayman Islands, 2006–2024.
GDP for Cayman Islands was 7.77 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 4.16 billion in 2010 (about 1.9× the low point). Across that span the compound annual growth rate works out to 3.47% per year.
Cayman Islands ranks 162 of 212 economies on this measure (1 = highest), putting it in the top 76%. The median for Latin America & Caribbean is 32.08 billion, so Cayman Islands sits below it. Over the last decade (2014–2024) the figure moved up 70%. Within Latin America & Caribbean it ranks 27 of 40 economies; Virgin Islands (U.S.) (4.67 billion) is just below it. Its sharpest one-year move was up 10% in 2023. That is 33% above this series' own ten-year average.
Data highlights
Doubling roughly every 20 years at that pace.
World ranking. Slipped: 153rd of 210 in 2006 → 166th of 212 in 2010 → 161st of 210 in 2020 → 157th of 200 in 2024.
Key figures
Full history — 2006 to 2024
| Year | current US$ | Change |
|---|---|---|
| 2024 | 7,765,336,505.34 | +6.2% |
| 2023 | 7,308,564,549.29 | +9.8% |
| 2022 | 6,653,516,041.44 | +9.8% |
| 2021 | 6,060,813,808.15 | +7.2% |
| 2020 | 5,655,357,984.24 | -4.8% |
| 2019 | 5,941,896,607.59 | +7.4% |
| 2018 | 5,530,178,440.71 | +7.0% |
| 2017 | 5,166,281,305.13 | +5.2% |
| 2016 | 4,909,322,237.29 | +4.3% |
| 2015 | 4,708,167,232.67 | +3.2% |
| 2014 | 4,562,853,611.41 | +3.6% |
| 2013 | 4,405,796,023.18 | +2.7% |
| 2012 | 4,291,004,524.02 | +2.5% |
| 2011 | 4,186,073,104.29 | +0.7% |
| 2010 | 4,156,841,107.36 | -2.9% |
| 2009 | 4,281,714,566.86 | -6.6% |
| 2008 | 4,585,949,023.8 | +2.7% |
| 2007 | 4,466,278,065.11 | +6.3% |
| 2006 | 4,200,288,241.15 | — |
Frequently asked questions
What was Cayman Islands’s GDP in 2007?
4,466,278,065.11 (2007). The full year-by-year table above lists every published year, most recent first.
Are Cayman Islands’s GDP figures nominal or inflation-adjusted?
They are exactly as the World Bank publishes them — current US$ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.
Is Cayman Islands’s GDP growing or shrinking?
Between 2006 and 2024 the series was growing overall: +84.9% in total — about 3.5% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.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: 7,765,336,505.34; 2023: 7,308,564,549.29; 2022: 6,653,516,041.44; 2021: 6,060,813,808.15; 2020: 5,655,357,984.24. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.CD — GDP (Nominal). 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.