Cayman Islands: Trade (% of GDP)
In , Cayman Islands's Trade (% of GDP) was 105.47.
That's down 8.2% from 2019, the highest value since .
The global average for this indicator in 2020 was 92.19 .
Source: World Bank Open Data (NE.TRD.GNFS.ZS) • Data as of 2020
Trend (2017–2020)
- 2020 · COVID-19 pandemic
Highlights
- Peak
- 117.44
- Trough
- 105.47
- 1-year change
- -8.2%
Historical Data — Last 10 Years
| Year | Trade (% of GDP) |
|---|---|
| 105.4728 | |
| 114.8385 | |
| 117.1171 | |
| 117.4366 |
About Trade (% of GDP)
Trade is the sum of exports and imports of goods and services. 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.TRD.GNFS.ZS • Category: Economy
Frequently asked questions
- What was Cayman Islands's Trade (% of GDP) in 2020?
- In 2020, Cayman Islands's Trade (% of GDP) was 105.47, according to World Bank Open Data.
- Is Cayman Islands's Trade (% of GDP) rising or falling?
- Cayman Islands's Trade (% of GDP) fell 8.2% from 2019 to 2020.
- How does Cayman Islands's Trade (% of GDP) compare to the world average?
- The global average for Trade (% of GDP) in 2020 was 92.19, so Cayman Islands is above the world average.
- What is Trade (% of GDP) and how is it measured?
- Trade is the sum of exports and imports of goods and services. 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.
Source: World Bank Open Data (NE.TRD.GNFS.ZS), CC BY 4.0.