Reserves and related items in Cayman Islands
Cayman Islands: Reserves and related items was 19.37 million BoP, current US$ in 2024. ◆ Volatile
Reserves and related items in Cayman Islands, 2016–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, reserves and related items in Cayman Islands stood at 19.37 million BoP, current US$.
That represents a change of up 33.9% on the previous year and up 623.1% over ten years.
Over the whole period, reserves and related items in Cayman Islands peaked at 33.97 million BoP, current US$ in 2020 and was at its lowest, -3.70 million BoP, current US$, in 2016.
Cayman Islands ranks 116th of 194 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 12.24 million BoP, current US$ | -3.70 million BoP, current US$ | 22.32 million BoP, current US$ | 4 |
| 2020s | 15.17 million BoP, current US$ | -3.57 million BoP, current US$ | 33.97 million BoP, current US$ | 5 |
Countries ranked near Cayman Islands
- 113 East Timor 23.07 million BoP, current US$ compare
- 114 Burundi 21.67 million BoP, current US$ compare
- 115 Liberia 19.61 million BoP, current US$ compare
- 117 Sao Tome and Principe 16.68 million BoP, current US$ compare
- 118 Solomon Islands 16.21 million BoP, current US$ compare
- 119 Central African Republic 13.09 million BoP, current US$ compare
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 reserves and related items in Cayman Islands?
- Reserves and related items in Cayman Islands was 19.37 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest reserves and related items recorded in Cayman Islands?
- The highest recorded value was 33.97 million BoP, current US$ in 2020.
- What is the lowest reserves and related items recorded in Cayman Islands?
- The lowest recorded value was -3.70 million BoP, current US$ in 2016.
- How does Cayman Islands rank for reserves and related items?
- Cayman Islands ranks 116th out of 194 countries with data for 2024.
- Is reserves and related items rising or falling in Cayman Islands?
- Over the last ten years it is up 623.1%. The long-run trend across the full record is volatile.
- 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 Reserves and related items (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Reserves and related items is the net change in a country's holdings of international reserves resulting from transactions on the current, capital, and financial accounts. Reserve assets are external assets, including monetary gold, that are readily available to and controlled by monetary authorities for meeting balance of payments financing needs, for intervention in exchange markets to affect the currency exchange rate, and for other related purposes (such as maintaining confidence in the currency and the economy, and serving as a basis for foreign borrowing). Reserve assets must be denominated and settled in foreign currency.Also included are net credit and loans from the IMF (excluding reserve position) and total exceptional financing. 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.