Commercial service exports in Cayman Islands

Cayman Islands: Commercial service exports was 4.77 billion current US$ in 2024. ▲ Rising

Latest (2024)
4.77 billion current US$
Change on year
up 5.5%
World rank
96th
of 198 countries
All-time high
4.77 billion current US$
in 2024
All-time low
3.08 billion current US$
in 2016
Years of data
9
2016–2024

Commercial service exports in Cayman Islands, 2016–2024

01.0B2.0B3.0B4.0B5.0B2016202020242016: 3.1B current US$2017: 3.5B current US$2018: 3.6B current US$2019: 3.8B current US$2020: 3.3B current US$2021: 3.4B current US$2022: 4.1B current US$2023: 4.5B current US$2024: 4.8B current US$

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.

Analysis

In 2024, commercial service exports in Cayman Islands stood at 4.77 billion current US$. That is the highest value across all 9 years on record.

The figure is up 5.5% on the previous year and up 55.0% over ten years.

Over the whole period, commercial service exports in Cayman Islands peaked at 4.77 billion current US$ in 2024 and was at its lowest, 3.08 billion current US$, in 2016.

Cayman Islands ranks 96th of 198 countries on this measure, in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 3.49 billion current US$ 3.08 billion current US$ 3.77 billion current US$ 4
2020s 4.03 billion current US$ 3.34 billion current US$ 4.77 billion current US$ 5

Countries ranked near Cayman Islands

  1. 93 Jamaica 5.22 billion current US$ compare
  2. 94 Cambodia 5.16 billion current US$ compare
  3. 95 Maldives 5.02 billion current US$ compare
  4. 97 Nigeria 4.55 billion current US$ compare
  5. 98 Guatemala 4.55 billion current US$ compare
  6. 99 Mauritius 4.19 billion current US$ compare

See the full ranking of 244 places →

More private sector data for Cayman Islands

All data for Cayman Islands →

Frequently asked questions

What is commercial service exports in Cayman Islands?
Commercial service exports in Cayman Islands was 4.77 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest commercial service exports recorded in Cayman Islands?
The highest recorded value was 4.77 billion current US$ in 2024.
What is the lowest commercial service exports recorded in Cayman Islands?
The lowest recorded value was 3.08 billion current US$ in 2016.
How does Cayman Islands rank for commercial service exports?
Cayman Islands ranks 96th out of 198 countries with data for 2024.
Is commercial service exports rising or falling in Cayman Islands?
Over the last ten years it is up 55.0%. The long-run trend across the full record is rising.
Where does this Cayman Islands data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service exports (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Commercial service exports (current US$)
Unit
current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,727 data points, 1960–2025
Last refreshed

Commercial service exports are total service exports minus exports of government services not included elsewhere. Exports of services are services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.