Service exports in Cayman Islands
Cayman Islands: Service exports was 4.77 billion BoP, current US$ in 2024. ▲ Rising
Service exports in Cayman Islands, 2016–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, service exports in Cayman Islands stood at 4.77 billion BoP, current US$. That is the highest value across all 9 years on record.
The figure is up 5.5% on the previous year and up 54.9% over ten years.
Over the whole period, service exports in Cayman Islands peaked at 4.77 billion BoP, current US$ in 2024 and was at its lowest, 3.08 billion BoP, current US$, in 2016.
That places Cayman Islands 98th out of 199 countries with data for 2024, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.49 billion BoP, current US$ | 3.08 billion BoP, current US$ | 3.77 billion BoP, current US$ | 4 |
| 2020s | 4.03 billion BoP, current US$ | 3.34 billion BoP, current US$ | 4.77 billion BoP, 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 service exports in Cayman Islands?
- Service exports in Cayman Islands was 4.77 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest service exports recorded in Cayman Islands?
- The highest recorded value was 4.77 billion BoP, current US$ in 2024.
- What is the lowest service exports recorded in Cayman Islands?
- The lowest recorded value was 3.08 billion BoP, current US$ in 2016.
- How does Cayman Islands rank for service exports?
- Cayman Islands ranks 98th out of 199 countries with data for 2024.
- Is service exports rising or falling in Cayman Islands?
- Over the last ten years it is up 54.9%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of services are services provided by residents to non-residents. 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.