Cayman Islands GDP per Capita
GDP divided by midyear population NY.GDP.PCAP.CD
Cayman Islands's gdp per capita was $99,144 in 2023, ranked 7th globally. This represents a 6.6% increase from 2022. Data from World Bank, covering 2006–2023.
Overview
Cayman Islands's gdp per capita stood at $99,144 in 2023, a rise of +$6,113 from 2022. Cayman Islands ranked 7th globally.
Cayman Islands’ GDP per capita rose from 87,085.09 in 2006 to an all‑time peak of 99,143.52 in 2023, placing the jurisdiction seventh worldwide according to the World Bank. The post‑financial‑crisis trough in 2012, when output fell to 75,101.59, marked the lowest point of an 18‑year series, after which a steady recovery accelerated, outpacing many advanced economies. By 2023 the territory’s per‑capita income exceeded that of Norway (87,497.22) and approached the level of Switzerland (100,623.55), reflecting the continued expansion of offshore financial services and tourism. The upward trajectory has been reinforced by a favourable regulatory environment and high‑value investment inflows, yet it remains sensitive to global capital‑market volatility and shifts in international tax policy. Assuming stable demand for its financial sector and sustained tourism growth, Cayman Islands is likely to maintain its high‑income status, though abrupt regulatory changes could alter the forward path.
Data & projection
| Year | GDP per Capita | YoY change | Rank |
|---|---|---|---|
| 2023 | $99,144 | +$6,113 | #7 |
| 2022 | $93,031 | +$6,581 | #8 |
| 2021 | $86,450 | +$4,111 | #9 |
| 2020 | $82,339 | −$5,915 | #7 |
| 2019 | $88,254 | +$4,389 | #5 |
| 2018 | $83,866 | +$3,812 | #7 |
| 2017 | $80,054 | +$2,252 | #7 |
| 2016 | $77,802 | +$1,423 | #7 |
| 2015 | $76,379 | +$534 | #7 |
| 2014 | $75,845 | +$732 | #10 |
| 2013 | $75,114 | +$12 | #10 |
| 2012 | $75,102 | −$179 | #10 |
| 2011 | $75,281 | −$1,557 | #9 |
| 2010 | $76,838 | −$4,536 | #6 |
| 2009 | $81,374 | −$8,282 | #5 |
Analysis
Cayman Islands's gdp per capita was $99,144 in 2023, a rise of +$6,113 from 2022.
Frequently Asked Questions
Cayman Islands's gdp per capita was $99,144 in 2023. Ranked 7th globally. This represents a 6.6% increase from the previous year.
Cayman Islands's gdp per capita peaked at $99,144 in 2023.
The lowest gdp per capita in Cayman Islands was $75,102 in 2012.
Cayman Islands ranks 7th globally in gdp per capita as of 2023.
The World Bank indicator code is NY.GDP.PCAP.CD. Data sourced from World Bank.
The gdp per capita of Cayman Islands in 2023 was $99,144. This ranks 7th in the world.
Cite this page
@misc{historysaid_cayman-islands_gdp-per-capita,
title = {Cayman Islands GDP per Capita},
url = {https://historysaid.com/cayman-islands/gdp-per-capita/},
publisher = {HistorySaid},
year = {2026}
}