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Cayman Islands: Exports of goods and services (% of GDP)

In , Cayman Islands's Exports of goods and services (% of GDP) was 59.63.

That's down 14.2% from 2019, the highest value since .

The global average for this indicator in 2020 was 44.26 .

Source: World Bank Open Data (NE.EXP.GNFS.ZS) • Data as of 2020

Trend (2017–2020)

Cayman Islands Exports of goods and services (% of GDP) trend 2020: COVID-19 pandemic
  • 2020 · COVID-19 pandemic

Highlights

Peak
74.02
Trough
59.63
1-year change
-14.2%

Historical Data — Last 10 Years

Year Exports of goods and services (% of GDP)
59.6336
69.4710
71.5878
74.0218

About Exports of goods and services (% of GDP)

Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.EXP.GNFS.ZSCategory: Economy

Frequently asked questions

What was Cayman Islands's Exports of goods and services (% of GDP) in 2020?
In 2020, Cayman Islands's Exports of goods and services (% of GDP) was 59.63, according to World Bank Open Data.
Is Cayman Islands's Exports of goods and services (% of GDP) rising or falling?
Cayman Islands's Exports of goods and services (% of GDP) fell 14.2% from 2019 to 2020.
How does Cayman Islands's Exports of goods and services (% of GDP) compare to the world average?
The global average for Exports of goods and services (% of GDP) in 2020 was 44.26, so Cayman Islands is above the world average.
What is Exports of goods and services (% of GDP) and how is it measured?
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.EXP.GNFS.ZS), CC BY 4.0.