Manufacturing, value added in Cayman Islands
Cayman Islands: Manufacturing, value added was 37.20 million constant LCU in 2024. ▲ Rising
Manufacturing, value added in Cayman Islands, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2024, manufacturing, value added in Cayman Islands stood at 37.20 million constant LCU.
Compared with earlier readings it is down 3.4% on the previous year and up 16.4% over ten years.
Over the whole period, manufacturing, value added in Cayman Islands peaked at 41.98 million constant LCU in 2021 and was at its lowest, 29.37 million constant LCU, in 2011.
That places Cayman Islands 182nd out of 191 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 32.59 million constant LCU | 30.44 million constant LCU | 35.38 million constant LCU | 4 |
| 2010s | 33.63 million constant LCU | 29.37 million constant LCU | 40.78 million constant LCU | 10 |
| 2020s | 38.98 million constant LCU | 37.20 million constant LCU | 41.98 million constant LCU | 5 |
Countries ranked near Cayman Islands
- 179 Sao Tome and Principe 69.23 million constant LCU compare
- 180 Saint Kitts and Nevis 65.33 million constant LCU compare
- 181 Tonga 63.22 million constant LCU compare
- 183 Bahamas 36.90 million constant LCU compare
- 184 Sint Maarten (Dutch part) 33.09 million constant LCU compare
- 185 East Timor 29.00 million constant LCU compare
More economy & growth data for Cayman Islands
- Inflation, GDP deflator 2.4% (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)
- Gross value added at basic prices (GVA) 6.12 billion current LCU (2024)
Frequently asked questions
- What is manufacturing, value added in Cayman Islands?
- Manufacturing, value added in Cayman Islands was 37.20 million constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Cayman Islands?
- The highest recorded value was 41.98 million constant LCU in 2021.
- What is the lowest manufacturing, value added recorded in Cayman Islands?
- The lowest recorded value was 29.37 million constant LCU in 2011.
- How does Cayman Islands rank for manufacturing, value added?
- Cayman Islands ranks 182nd out of 191 countries with data for 2024.
- Is manufacturing, value added rising or falling in Cayman Islands?
- Over the last ten years it is up 16.4%. 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 Offices (NSOs), published as part of Manufacturing, value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 varies by country. This series is expressed in local currency units.