What was Cayman Islands's GDP per capita (constant 2015 US$) in 2023?

In 2023, Cayman Islands's GDP per capita (constant 2015 US$) was 83,005.48, according to World Bank Open Data.

Is Cayman Islands's GDP per capita (constant 2015 US$) rising or falling?

Cayman Islands's GDP per capita (constant 2015 US$) rose 3.7% from 2022 to 2023.

How does Cayman Islands's GDP per capita (constant 2015 US$) compare to the world average?

The global average for GDP per capita (constant 2015 US$) in 2023 was 17,657.68, so Cayman Islands is above the world average.

Cayman Islands: GDP per capita (constant 2015 US$)

Name: Cayman Islands: GDP per capita (constant 2015 US$)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2023, Cayman Islands's GDP per capita (constant 2015 US$) was 83,005.48.

That's up 3.7% from 2022, the highest value since 2009.

The global average for this indicator in 2023 was 17,657.68 .

Source: World Bank Open Data (NY.GDP.PCAP.KD) • Data as of 2023

Trend (2006–2023)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse
2022 · Russia–Ukraine war begins

Highlights

Peak: 96,202.74; 2007
Trough: 75,199.64; 2020
1-year change: +3.7%
5-year change: +4.7%; +0.9% / yr
10-year change: +9.2%; +0.9% / yr

Historical Data — Last 10 Years

Year	GDP per capita (constant 2015 US$)
2023	83,005.4838
2022	80,029.0320
2021	77,259.6331
2020	75,199.6446
2019	80,714.5722
2018	79,305.7692
2017	77,717.1761
2016	77,031.8642
2015	76,379.2099
2014	76,104.6218

About GDP per capita (constant 2015 US$)

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Indicator code: NY.GDP.PCAP.KD • Category: Economy

About per capita measures: Per capita figures divide a country's total value by its population, giving a measure of average individual share. This makes countries of different sizes more comparable — a large country like China may have a higher total GDP than Switzerland, but Switzerland's GDP per capita is much higher.

Frequently asked questions

What was Cayman Islands's GDP per capita (constant 2015 US$) in 2023?: In 2023, Cayman Islands's GDP per capita (constant 2015 US$) was 83,005.48, according to World Bank Open Data.
Is Cayman Islands's GDP per capita (constant 2015 US$) rising or falling?: Cayman Islands's GDP per capita (constant 2015 US$) rose 3.7% from 2022 to 2023.
How does Cayman Islands's GDP per capita (constant 2015 US$) compare to the world average?: The global average for GDP per capita (constant 2015 US$) in 2023 was 17,657.68, so Cayman Islands is above the world average.
What is GDP per capita (constant 2015 US$) and how is it measured?: Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

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Source: World Bank Open Data (NY.GDP.PCAP.KD), CC BY 4.0.