Cayman Islands GDP Growth Rate 2007-2023

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Cayman Islands gdp growth rate for 2021 was 4.03%, a 9.14% increase from 2020.
  • Cayman Islands gdp growth rate for 2020 was -5.11%, a 9.02% decline from 2019.
  • Cayman Islands gdp growth rate for 2019 was 3.92%, a 0.35% decline from 2018.
  • Cayman Islands gdp growth rate for 2018 was 4.27%, a 1.08% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Monaco 21.55%
Macao 19.27%
Aruba 17.17%
Bahamas 16.98%
Panama 15.84%
Ireland 13.59%
Croatia 13.07%
Malta 11.81%
Chile 11.74%
Argentina 10.40%
Turks and Caicos Islands 8.97%
Singapore 8.88%
Channel Islands 8.65%
Israel 8.61%
San Marino 8.46%
Greece 8.43%
Andorra 8.29%
Slovenia 8.21%
Estonia 8.01%
United Kingdom 7.60%
Sint Maarten (Dutch part) 7.30%
Hungary 7.20%
Italy 6.99%
Poland 6.85%
France 6.82%
Cyprus 6.64%
Antigua and Barbuda 6.55%
Hong Kong 6.44%
Belgium 6.29%
Lithuania 5.98%
United States 5.95%
Faroe Islands 5.63%
Spain 5.52%
Portugal 5.50%
Seychelles 5.40%
Sweden 5.39%
Uruguay 5.28%
New Zealand 5.17%
Luxembourg 5.10%
Canada 5.01%
Slovak Republic 4.86%
Netherlands 4.86%
Denmark 4.86%
Austria 4.56%
Iceland 4.33%
Curacao 4.23%
Switzerland 4.22%
South Korea 4.15%
Latvia 4.06%
Cayman Islands 4.03%
Saudi Arabia 3.92%
UAE 3.92%
Norway 3.90%
Czech Republic 3.55%
Oman 3.09%
Finland 3.05%
Bermuda 3.01%
Bahrain 2.67%
Germany 2.63%
French Polynesia 2.40%
Australia 2.24%
Japan 2.14%
Qatar 1.59%
Kuwait 1.31%
Greenland 1.29%
Guam 1.06%
Puerto Rico 0.43%
Barbados -0.19%
St. Kitts and Nevis -0.88%
Trinidad and Tobago -1.03%
Brunei -1.59%
New Caledonia -2.10%
Palau -13.33%
Cayman Islands GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2021 4.03% 9.14%
2020 -5.11% -9.02%
2019 3.92% -0.35%
2018 4.27% 1.08%
2017 3.18% -0.06%
2016 3.24% 0.41%
2015 2.83% 0.18%
2014 2.65% 1.38%
2013 1.28% 0.05%
2012 1.23% 0.06%
2011 1.17% 3.88%
2010 -2.72% 4.48%
2009 -7.20% -6.84%
2008 -0.36% -3.52%
2007 3.16% -3.52%