Manufacturing, value added in Cayman Islands
Cayman Islands: Manufacturing, value added was 56.01 million current LCU in 2024. ▲ Rising
Manufacturing, value added in Cayman Islands, 2006–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for manufacturing, value added in Cayman Islands is 56.01 million current LCU, measured in 2024. That is the highest value across all 19 years on record.
That represents a change of up 3.0% on the previous year and up 78.2% over ten years.
Over the whole period, manufacturing, value added in Cayman Islands peaked at 56.01 million current LCU in 2024 and was at its lowest, 26.26 million current LCU, in 2010.
That places Cayman Islands 193rd out of 204 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 | 29.77 million current LCU | 27.38 million current LCU | 31.68 million current LCU | 4 |
| 2010s | 33.13 million current LCU | 26.26 million current LCU | 44.73 million current LCU | 10 |
| 2020s | 50.86 million current LCU | 43.21 million current LCU | 56.01 million current LCU | 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 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 56.01 million current 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 56.01 million current LCU in 2024.
- What is the lowest manufacturing, value added recorded in Cayman Islands?
- The lowest recorded value was 26.26 million current LCU in 2010.
- How does Cayman Islands rank for manufacturing, value added?
- Cayman Islands ranks 193rd out of 204 countries with data for 2024.
- Is manufacturing, value added rising or falling in Cayman Islands?
- Over the last ten years it is up 78.2%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.