Service imports in Cayman Islands
Cayman Islands: Service imports was 2.00 billion BoP, current US$ in 2024. ▲ Rising
Service imports in Cayman Islands, 2016–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for service imports in Cayman Islands is 2.00 billion BoP, current US$, measured in 2024. That is the highest value across all 9 years on record.
The figure is up 9.2% on the previous year and up 81.8% over ten years.
Over the whole period, service imports in Cayman Islands peaked at 2.00 billion BoP, current US$ in 2024 and was at its lowest, 1.10 billion BoP, current US$, in 2016.
That places Cayman Islands 126th out of 199 countries with data for 2024, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.29 billion BoP, current US$ | 1.10 billion BoP, current US$ | 1.41 billion BoP, current US$ | 4 |
| 2020s | 1.64 billion BoP, current US$ | 1.28 billion BoP, current US$ | 2.00 billion BoP, current US$ | 5 |
Countries ranked near Cayman Islands
- 123 South Sudan 2.19 billion BoP, current US$ compare
- 124 Moldova 2.17 billion BoP, current US$ compare
- 125 Mozambique 2.11 billion BoP, current US$ compare
- 127 Zambia 1.99 billion BoP, current US$ compare
- 128 Maldives 1.89 billion BoP, current US$ compare
- 129 Gabon 1.88 billion 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 service imports in Cayman Islands?
- Service imports in Cayman Islands was 2.00 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 imports recorded in Cayman Islands?
- The highest recorded value was 2.00 billion BoP, current US$ in 2024.
- What is the lowest service imports recorded in Cayman Islands?
- The lowest recorded value was 1.10 billion BoP, current US$ in 2016.
- How does Cayman Islands rank for service imports?
- Cayman Islands ranks 126th out of 199 countries with data for 2024.
- Is service imports rising or falling in Cayman Islands?
- Over the last ten years it is up 81.8%. 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 imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of services are services provided by non-residents to 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.