Cayman Islands PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Cayman Islands's ppp conversion factor was 0.88 in 2025, ranked 153rd globally. This represents a 5.9% decrease from 2024. Data from World Bank, covering 2006–2025.
Overview
Cayman Islands's ppp conversion factor stood at 0.88 in 2025, a decline of +0.06 from 2023. Based on recent trends, this figure is projected to reach 0.88 by 2025. Cayman Islands ranked 153rd globally.
The Cayman Islands' PPP Conversion Factor has exhibited fluctuations over the past 19 years, with a notable decline from 2006's value of 0.97 to 2025's value of 0.88. The all-time peak of 1.04 in 2020 suggests a recent increase, but the current value ranks the country at number 153 globally. Compared to its peers, the Cayman Islands' factor is closer to that of Switzerland, also at 0.88, but lags behind Tunisia's 0.90. The recent decline may be attributed to various economic factors, including shifts in global trade and monetary policies. A sustained decline in the PPP Conversion Factor could indicate a decrease in the country's purchasing power parity, potentially affecting its economic competitiveness. A significant increase in foreign investment or a shift in global economic trends could alter the trajectory of the Cayman Islands' PPP Conversion Factor, potentially leading to an upward adjustment in its global ranking.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2026* trend | 0.85 | - | - |
| 2025* trend | 0.88 | - | - |
| 2025 | 0.88 | −0.06 | #153 |
| 2023 | 0.93 | −0.01 | #50 |
| 2022 | 0.94 | −0.03 | #52 |
| 2021 | 0.97 | −0.07 | #51 |
| 2020 | 1.04 | +0.03 | #55 |
| 2019 | 1.01 | +0.04 | #55 |
| 2018 | 0.97 | −0.01 | #52 |
| 2017 | 0.98 | −0.01 | #53 |
| 2016 | 0.99 | −0.01 | #53 |
| 2015 | 0.99 | −0.00 | #54 |
| 2014 | 0.99 | +0.01 | #53 |
| 2013 | 0.98 | +0.02 | #54 |
| 2012 | 0.97 | +0.03 | #53 |
| 2011 | 0.94 | −0.02 | #53 |
| 2010 | 0.97 | −0.01 | #58 |
Analysis
Cayman Islands's ppp conversion factor was 0.88 in 2025, a decline of −0.06 from 2024. Based on trends, estimated 0.88 by 2025.
Frequently Asked Questions
Cayman Islands's ppp conversion factor was 0.88 in 2025. Ranked 153rd globally. This represents a 5.9% decrease from the previous year.
Cayman Islands's ppp conversion factor peaked at 1.04 in 2020.
The lowest ppp conversion factor in Cayman Islands was 0.88 in 2025.
Cayman Islands ranks 153rd globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Cayman Islands's ppp conversion factor is projected to reach 0.88 by 2025 based on trend extrapolation.
The ppp conversion factor of Cayman Islands in 2025 was 0.88. This ranks 153rd in the world.
Cite this page
@misc{historysaid_cayman-islands_ppp-conversion-factor,
title = {Cayman Islands PPP Conversion Factor},
url = {https://historysaid.com/cayman-islands/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}