Price level index in Cayman Islands
Cayman Islands: Price level index was 113.11 GDP in 2024. ▬ Flat
Price level index in Cayman Islands, 2006–2024
Source: World Development Indicators, World Bank (WB). Measured in GDP.
Analysis
In 2024, price level index in Cayman Islands stood at 113.11 GDP.
The figure is down 0.1% on the previous year and down 5.2% over ten years.
Over the whole period, price level index in Cayman Islands peaked at 124.53 GDP in 2020 and was at its lowest, 112.98 GDP, in 2011.
That places Cayman Islands 3rd out of 203 countries with data for 2024, putting it in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 116.76 GDP | 115.82 GDP | 117.51 GDP | 4 |
| 2010s | 117.59 GDP | 112.98 GDP | 121.4 GDP | 10 |
| 2020s | 116.1 GDP | 113.07 GDP | 124.53 GDP | 5 |
Countries ranked near Cayman Islands
More economy & growth data for Cayman Islands
- GDP deflator 123.6 base year varies by country (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)
- Inflation, GDP deflator 2.4% (2024)
- Gross value added at basic prices (GVA) 4.96 billion constant LCU (2024)
Frequently asked questions
- What is price level index in Cayman Islands?
- Price level index in Cayman Islands was 113.11 GDP in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in Cayman Islands?
- The highest recorded value was 124.53 GDP in 2020.
- What is the lowest price level index recorded in Cayman Islands?
- The lowest recorded value was 112.98 GDP in 2011.
- How does Cayman Islands rank for price level index?
- Cayman Islands ranks 3rd out of 203 countries with data for 2024.
- Is price level index rising or falling in Cayman Islands?
- Over the last ten years it is down 5.2%. The long-run trend across the full record is flat.
- Where does this Cayman Islands data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Price level index (GDP). Statizoid updates them automatically from the source API.
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About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.