GDP growth (annual %) (UNESCO Institute) in Cayman Islands
Cayman Islands: GDP growth (annual %) (UNESCO Institute) was 4.4% in 2023. ◆ Volatile
GDP growth in Cayman Islands, 2007–2023
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
The most recent figure for gdp growth in Cayman Islands is 4.4%, measured in 2023.
That represents a change of down 15.4% on the previous year and up 240.8% over ten years.
Over the whole period, gdp growth in Cayman Islands peaked at 5.2% in 2022 and was at its lowest, -7.2%, in 2009.
That places Cayman Islands 56th out of 212 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Cayman Islands, year by year
| Year | annual % | Change |
|---|---|---|
| 2007 | 3.2% | — |
| 2008 | -0.4% | -111.3% |
| 2009 | -7.2% | +1914.7% |
| 2010 | -2.7% | -62.3% |
| 2011 | 1.2% | -143.0% |
| 2012 | 1.2% | +5.2% |
| 2013 | 1.3% | +4.0% |
| 2014 | 2.7% | +107.5% |
| 2015 | 2.8% | +6.7% |
| 2016 | 3.2% | +14.4% |
| 2017 | 3.2% | -1.7% |
| 2018 | 4.3% | +34.0% |
| 2019 | 3.9% | -8.2% |
| 2020 | -5.0% | -226.5% |
| 2021 | 4.9% | -199.0% |
| 2022 | 5.2% | +5.1% |
| 2023 | 4.4% | -15.4% |
Cayman Islands compared with similar countries
- Cayman Islands's 4.4% is above the median for high income countries, which is 2.3%, 1.9× the median. (83 countries reporting)
- Cayman Islands's 4.4% is above the median for Latin America & Caribbean, which is 3.4%, 1.3× the median. (41 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) in Cayman Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -1914.7% | -0.4% | -7.2% |
| 2020 | -226.5% | 3.9% | -5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.5% | -7.2% | 3.2% | 3 |
| 2010s | 2.1% | -2.7% | 4.3% | 10 |
| 2020s | 2.4% | -5.0% | 5.2% | 4 |
Countries ranked near Cayman Islands
More population data for Cayman Islands
- Population regions with projections, annual growth rate -0.0474 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -100 % change on previous year (2045)
- Population long run with projections, annual growth rate -0.0474 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.1832 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.4891 % change on previous year (2100)
- Population growth rate -0.072 (2100)
- Population density 491.8 (2100)
- Projected population under age 5 5,086 (2100)
- Population growth rate by level of development -0.072 (2100)
- Urbanization vs gdp, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gdp growth in Cayman Islands?
- Gdp growth in Cayman Islands was 4.4% in 2023, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Cayman Islands?
- The highest recorded value was 5.2% in 2022.
- What is the lowest gdp growth recorded in Cayman Islands?
- The lowest recorded value was -7.2% in 2009.
- How does Cayman Islands rank for gdp growth?
- Cayman Islands ranks 56th out of 212 countries with data for 2023.
- Is gdp growth rising or falling in Cayman Islands?
- Over the last ten years it is up 240.8%. The long-run trend across the full record is volatile.
- Where does this Cayman Islands data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release