GDP deflator in Cayman Islands
Cayman Islands: GDP deflator was 123.6 base year varies by country in 2024. ▲ Rising
GDP deflator in Cayman Islands, 2006–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in base year varies by country.
Analysis
In 2024, gdp deflator in Cayman Islands stood at 123.6 base year varies by country. That is the highest value across all 19 years on record.
Compared with earlier readings it is up 2.4% on the previous year and up 24.0% over ten years.
Over the whole period, gdp deflator in Cayman Islands peaked at 123.6 base year varies by country in 2024 and was at its lowest, 90.65 base year varies by country, in 2006.
Cayman Islands ranks 142nd of 213 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 94.31 base year varies by country | 90.65 base year varies by country | 96.87 base year varies by country | 4 |
| 2010s | 100.79 base year varies by country | 96.23 base year varies by country | 109.34 base year varies by country | 10 |
| 2020s | 116.39 base year varies by country | 109.49 base year varies by country | 123.6 base year varies by country | 5 |
Countries ranked near Cayman Islands
- 139 Puerto Rico 124.56 base year varies by country compare
- 140 Canada 124.4 base year varies by country compare
- 141 Germany 123.84 base year varies by country compare
- 143 Saint Vincent and the Grenadines 123.46 base year varies by country compare
- 144 El Salvador 123.38 base year varies by country compare
- 145 Palau 123.21 base year varies by country compare
More economy & growth data for Cayman Islands
- Services, value added 86.5% (2024)
- Agriculture, forestry, and fishing, value added 23.72 million constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 29.29 million current LCU (2024)
- Inflation, consumer prices -0.6% (2016)
- Total reserves minus gold 252.10 million current US$ (2024)
- Total reserves 252.10 million includes gold, current US$ (2024)
- Services, value added 3.9% (2024)
- Services, value added 4.57 billion constant LCU (2024)
- Gross value added at basic prices (GVA) 5.96 billion constant 2015 US$ (2024)
- Gross value added at basic prices (GVA) 6.12 billion current LCU (2024)
Frequently asked questions
- What is gdp deflator in Cayman Islands?
- Gdp deflator in Cayman Islands was 123.6 base year varies by country in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp deflator recorded in Cayman Islands?
- The highest recorded value was 123.6 base year varies by country in 2024.
- What is the lowest gdp deflator recorded in Cayman Islands?
- The lowest recorded value was 90.65 base year varies by country in 2006.
- How does Cayman Islands rank for gdp deflator?
- Cayman Islands ranks 142nd out of 213 countries with data for 2024.
- Is gdp deflator rising or falling in Cayman Islands?
- Over the last ten years it is up 24.0%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP deflator (base year varies by country). Statizoid updates them automatically from the source API.
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About this data
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This indicator is expressed as a ratio (a÷b).