Cayman Islands Consumer Price Index
Consumer price index (2010 = 100) FP.CPI.TOTL
Cayman Islands's consumer price index was 102.94 in 2016, ranked 9th globally. This represents a 0.6% decrease from 2015. Data from World Bank, covering 2009–2016.
Overview
Cayman Islands's consumer price index stood at 102.94 in 2016, a decline of +0.65 from 2015. Cayman Islands ranked 9th globally.
The Cayman Islands' Consumer Price Index (CPI) has demonstrated a relatively stable trajectory over the past eight years, with a slight fluctuation in inflation rates. The all-time peak of 106.08 in 2014 suggests a moderate increase in prices, while the trough in 2009 reached the same level as the starting point, 99.72, indicating a brief deflationary period. The CPI in 2016 stood at 102.94, ranking the Cayman Islands ninth globally. Notably, this value is closely comparable to that of Dominica, which ranked ninth with a CPI of 102.55. The CPI has generally followed a steady path, without significant deviations from the average. This stability is consistent with the country's reputation as a financial hub and a popular destination for tourists. A shift in global economic conditions, particularly in the context of the ongoing COVID-19 pandemic or future global economic downturns, could potentially disrupt this trend and lead to a change in the CPI trajectory.
Data & projection
| Year | Consumer Price Index | YoY change | Rank |
|---|---|---|---|
| 2016 | 102.94 | −0.65 | #9 |
| 2015 | 103.59 | −2.49 | #8 |
| 2014 | 106.08 | +1.33 | #21 |
| 2013 | 104.75 | +2.22 | #16 |
| 2012 | 102.53 | +1.20 | #12 |
| 2011 | 101.33 | +1.33 | #15 |
| 2010 | 100.00 | +0.28 | #5 |
| 2009 | 99.72 | – | #176 |
Analysis
Cayman Islands's consumer price index was 102.94 in 2016, a decline of −0.65 from 2015.
Frequently Asked Questions
Cayman Islands's consumer price index was 102.94 in 2016. Ranked 9th globally. This represents a 0.6% decrease from the previous year.
Cayman Islands's consumer price index peaked at 106.08 in 2014.
The lowest consumer price index in Cayman Islands was 99.72 in 2009.
Cayman Islands ranks 9th globally in consumer price index as of 2016.
The World Bank indicator code is FP.CPI.TOTL. Data sourced from World Bank.
The consumer price index of Cayman Islands in 2016 was 102.94. This ranks 9th in the world.
Cite this page
@misc{historysaid_cayman-islands_consumer-price-index,
title = {Cayman Islands Consumer Price Index},
url = {https://historysaid.com/cayman-islands/consumer-price-index/},
publisher = {HistorySaid},
year = {2026}
}