Price level ratio of PPP conversion factor (GDP) to market exchange in Cayman Islands

Cayman Islands: Price level ratio of PPP conversion factor (GDP) to market exchange was 1.13 in 2023. ▬ Flat

Latest (2023)
1.13
Change on year
up 0.0%
World rank
2nd
of 202 countries
All-time high
1.25
in 2020
All-time low
1.13
in 2022
Years of data
18
2006–2023

Price level ratio of PPP conversion factor (GDP) to market exchange in Cayman Islands, 2006–2023

00.250.50.7511.22006201420232006: 1.22007: 1.22008: 1.22009: 1.22010: 1.22011: 1.12012: 1.22013: 1.22014: 1.22015: 1.22016: 1.22017: 1.22018: 1.22019: 1.22020: 1.22021: 1.22022: 1.12023: 1.1

Source: UNESCO Institute for Statistics.

Analysis

In 2023, price level ratio of ppp conversion factor (gdp) to market exchange in Cayman Islands stood at 1.13.

The figure is down 4.5% over ten years.

Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Cayman Islands peaked at 1.25 in 2020 and was at its lowest, 1.13, in 2022.

That places Cayman Islands 2nd out of 202 countries with data for 2023, putting it in the top 10%.

Price level ratio of PPP conversion factor (GDP) to market exchange in Cayman Islands, year by year

Annual values for Price level ratio of PPP conversion factor (GDP) to market exchange rate in Cayman Islands, 2006 to 2023.
Year Value Change
2006 1.16
2007 1.16 +0.4%
2008 1.18 +1.1%
2009 1.18 -0.0%
2010 1.16 -1.4%
2011 1.13 -2.5%
2012 1.16 +2.7%
2013 1.18 +1.7%
2014 1.19 +1.1%
2015 1.19 -0.0%
2016 1.18 -0.7%
2017 1.18 -0.6%
2018 1.17 -0.8%
2019 1.21 +4.0%
2020 1.25 +2.6%
2021 1.17 -6.4%
2022 1.13 -3.3%
2023 1.13 +0.0%

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.17 1.16 1.18 4
2010s 1.18 1.13 1.21 10
2020s 1.17 1.13 1.25 4

Countries ranked near Cayman Islands

  1. 1 Bermuda 1.16 compare
  2. 3 Barbados 1.12 compare
  3. 4 Switzerland 1.1 compare
  4. 5 Iceland 1.06 compare

See the full ranking of 202 places →

More population data for Cayman Islands

All data for Cayman Islands →

Frequently asked questions

What is price level ratio of ppp conversion factor (gdp) to market exchange in Cayman Islands?
Price level ratio of ppp conversion factor (gdp) to market exchange in Cayman Islands was 1.13 in 2023, according to UNESCO Institute for Statistics.
What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Cayman Islands?
The highest recorded value was 1.25 in 2020.
What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Cayman Islands?
The lowest recorded value was 1.13 in 2022.
How does Cayman Islands rank for price level ratio of ppp conversion factor (gdp) to market exchange?
Cayman Islands ranks 2nd out of 202 countries with data for 2023.
Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Cayman Islands?
Over the last ten years it is down 4.5%. The long-run trend across the full record is flat.
Where does this Cayman Islands data come from?
The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.

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Price level ratio of PPP conversion factor (GDP) to market exchange in Cayman Islands. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 05 September 2026, from https://population.statizoid.com/stat/price-level-ratio-of-ppp-conversion-factor-gdp-to-market-exchange-rate-2/cayman-islands/

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About this data

Indicator
Price level ratio of PPP conversion factor (GDP) to market exchange rate
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
202 places, 6,811 data points, 1990–2024
Last refreshed

February 2026 Data Release