Goods imports in Cayman Islands
Cayman Islands: Goods imports was 1.78 billion BoP, current US$ in 2024. ▲ Rising
Goods imports in Cayman Islands, 2016–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, goods imports in Cayman Islands stood at 1.78 billion BoP, current US$. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 8.3% on the previous year and up 93.4% over ten years.
Over the whole period, goods imports in Cayman Islands peaked at 1.78 billion BoP, current US$ in 2024 and was at its lowest, 918.42 million BoP, current US$, in 2016.
Cayman Islands ranks 160th of 199 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.09 billion BoP, current US$ | 918.42 million BoP, current US$ | 1.33 billion BoP, current US$ | 4 |
| 2020s | 1.53 billion BoP, current US$ | 1.23 billion BoP, current US$ | 1.78 billion BoP, current US$ | 5 |
Countries ranked near Cayman Islands
More economy & growth data for Cayman Islands
- Inflation, GDP deflator 2.4% (2024)
- Agriculture, forestry, and fishing, value added 16.2% (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 4.57 billion constant LCU (2024)
- Services, value added 86.5% (2024)
- Gross value added at basic prices (GVA) 5.96 billion constant 2015 US$ (2024)
Frequently asked questions
- What is goods imports in Cayman Islands?
- Goods imports in Cayman Islands was 1.78 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Cayman Islands?
- The highest recorded value was 1.78 billion BoP, current US$ in 2024.
- What is the lowest goods imports recorded in Cayman Islands?
- The lowest recorded value was 918.42 million BoP, current US$ in 2016.
- How does Cayman Islands rank for goods imports?
- Cayman Islands ranks 160th out of 199 countries with data for 2024.
- Is goods imports rising or falling in Cayman Islands?
- Over the last ten years it is up 93.4%. 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 Goods imports (BoP, 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
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. 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.