Net secondary income (Net current transfers from abroad) in Cayman Islands
Cayman Islands: Net secondary income (Net current transfers from abroad) was -379.90 million current LCU in 2024. ▼ Falling
Net secondary income (Net current transfers from abroad) in Cayman Islands, 2010–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for net secondary income (net current transfers from abroad) in Cayman Islands is -379.90 million current LCU, measured in 2024.
The figure is down 260.4% on the previous year and down 25.0% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Cayman Islands peaked at -105.42 million current LCU in 2023 and was at its lowest, -622.46 million current LCU, in 2017.
That places Cayman Islands 156th out of 202 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -339.50 million current LCU | -622.46 million current LCU | -143.90 million current LCU | 10 |
| 2020s | -341.03 million current LCU | -611.17 million current LCU | -105.42 million current LCU | 5 |
Countries ranked near Cayman Islands
- 153 Antigua and Barbuda -285.60 million current LCU compare
- 154 Cyprus -338.90 million current LCU compare
- 155 Slovakia -358.40 million current LCU compare
- 157 Slovenia -392.03 million current LCU compare
- 158 Australia -521.00 million current LCU compare
- 159 Luxembourg -587.70 million current LCU 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) 6.12 billion current LCU (2024)
- Gross value added at basic prices (GVA) 7.35 billion current US$ (2024)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Cayman Islands?
- Net secondary income (net current transfers from abroad) in Cayman Islands was -379.90 million current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Cayman Islands?
- The highest recorded value was -105.42 million current LCU in 2023.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Cayman Islands?
- The lowest recorded value was -622.46 million current LCU in 2017.
- How does Cayman Islands rank for net secondary income (net current transfers from abroad)?
- Cayman Islands ranks 156th out of 202 countries with data for 2024.
- Is net secondary income (net current transfers from abroad) rising or falling in Cayman Islands?
- Over the last ten years it is down 25.0%. The long-run trend across the full record is falling.
- Where does this Cayman Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. 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.