Personal remittances, paid in Cayman Islands
Cayman Islands: Personal remittances, paid was 604.87 million current US$ in 2024. ▲ Rising
Personal remittances, paid in Cayman Islands, 2016–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
Cayman Islands recorded 604.87 million current US$ for personal remittances, paid in 2024. That is the highest value across all 9 years on record.
Compared with earlier readings it is up 0.2% on the previous year and up 62.9% over ten years.
Over the whole period, personal remittances, paid in Cayman Islands peaked at 604.87 million current US$ in 2024 and was at its lowest, 371.20 million current US$, in 2016.
That places Cayman Islands 73rd out of 195 countries with data for 2024, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 429.09 million current US$ | 371.20 million current US$ | 501.07 million current US$ | 4 |
| 2020s | 546.30 million current US$ | 492.00 million current US$ | 604.87 million 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 personal remittances, paid in Cayman Islands?
- Personal remittances, paid in Cayman Islands was 604.87 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Cayman Islands?
- The highest recorded value was 604.87 million current US$ in 2024.
- What is the lowest personal remittances, paid recorded in Cayman Islands?
- The lowest recorded value was 371.20 million current US$ in 2016.
- How does Cayman Islands rank for personal remittances, paid?
- Cayman Islands ranks 73rd out of 195 countries with data for 2024.
- Is personal remittances, paid rising or falling in Cayman Islands?
- Over the last ten years it is up 62.9%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (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
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.