Primary income payments in Cayman Islands
Cayman Islands: Primary income payments was 7.66 billion BoP, current US$ in 2024. ▲ Rising
Primary income payments in Cayman Islands, 2016–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Cayman Islands recorded 7.66 billion BoP, current US$ for primary income payments in 2024.
The figure is down 9.7% on the previous year and up 86.5% over ten years.
Over the whole period, primary income payments in Cayman Islands peaked at 8.48 billion BoP, current US$ in 2023 and was at its lowest, 4.03 billion BoP, current US$, in 2021.
Cayman Islands ranks 65th of 199 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.04 billion BoP, current US$ | 4.11 billion BoP, current US$ | 5.93 billion BoP, current US$ | 4 |
| 2020s | 6.12 billion BoP, current US$ | 4.03 billion BoP, current US$ | 8.48 billion BoP, current US$ | 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 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 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 primary income payments in Cayman Islands?
- Primary income payments in Cayman Islands was 7.66 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Cayman Islands?
- The highest recorded value was 8.48 billion BoP, current US$ in 2023.
- What is the lowest primary income payments recorded in Cayman Islands?
- The lowest recorded value was 4.03 billion BoP, current US$ in 2021.
- How does Cayman Islands rank for primary income payments?
- Cayman Islands ranks 65th out of 199 countries with data for 2024.
- Is primary income payments rising or falling in Cayman Islands?
- Over the last ten years it is up 86.5%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.