Bank concentration (%) in Cayman Islands
Cayman Islands: Bank concentration (%) was 100.0% in 2016. ▲ Rising
Bank concentration in Cayman Islands, 2000–2016
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
Cayman Islands recorded 100.0% for bank concentration in 2016. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 53.4% over ten years.
Over the whole period, bank concentration in Cayman Islands peaked at 100.0% in 2015 and was at its lowest, 62.9%, in 2000.
That places Cayman Islands 1st out of 170 countries with data for 2016, putting it in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
Bank concentration (%) in Cayman Islands, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 62.9% | — |
| 2001 | 73.6% | +17.0% |
| 2002 | 73.6% | -0.1% |
| 2003 | 74.0% | +0.6% |
| 2004 | 69.8% | -5.7% |
| 2005 | 64.7% | -7.3% |
| 2006 | 65.2% | +0.7% |
| 2007 | 77.2% | +18.5% |
| 2008 | 68.2% | -11.8% |
| 2009 | 72.2% | +5.9% |
| 2010 | 86.1% | +19.2% |
| 2011 | 96.3% | +11.9% |
| 2012 | 94.3% | -2.1% |
| 2015 | 100.0% | +6.0% |
| 2016 | 100.0% | +0.0% |
Cayman Islands compared with similar countries
- Cayman Islands's 100.0% is above the median for high income countries, which is 73.1%, 1.4× the median. (63 countries reporting)
- Cayman Islands's 100.0% is above the median for Latin America & Caribbean, which is 73.8%, 1.4× the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 70.1% | 62.9% | 77.2% | 10 |
| 2010s | 95.3% | 86.1% | 100.0% | 5 |
Countries ranked near Cayman Islands
- 1 Antigua and Barbuda 100.0% compare
- 1 Barbados 100.0% compare
- 1 Chad 100.0% compare
- 1 Djibouti 100.0% compare
- 1 Eswatini 100.0% compare
- 1 Fiji 100.0%
- 1 Iceland 100.0% compare
- 1 Lesotho 100.0% compare
- 1 Liberia 100.0%
- 1 Malawi 100.0% compare
- 1 Maldives 100.0%
- 1 San Marino 100.0% compare
- 1 Seychelles 100.0% compare
- 1 South Sudan 100.0% compare
- 1 Saint Lucia 100.0% compare
- 1 Suriname 100.0% compare
- 1 Turkmenistan 100.0%
- 1 Yemen 100.0% compare
More financial sector data for Cayman Islands
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 10.83 % change on previous year (2024)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0249 SDR per US$ of GDP (2024)
- Reserves excluding gold, foreign exchange (SDR), per capita 2,596 SDR per person (2024)
- Reserves excluding gold (SDR), annual growth rate 10.83 % change on previous year (2024)
- Reserves excluding gold (SDR), per capita 2,596 SDR per person (2024)
- Total reserves (gold at market value) (SDR), annual growth rate 10.83 % change on previous year (2024)
- Total reserves (gold at market value) (SDR), per capita 2,596 SDR per person (2024)
- Total reserves (gold at national valuation) (SDR), annual growth rate 10.83 % change on previous year (2024)
- Total reserves (gold at national valuation) (SDR), per capita 2,596 SDR per person (2024)
- Total reserves in months of imports, annual growth rate 12.65 % change on previous year (2024)
Frequently asked questions
- What is bank concentration in Cayman Islands?
- Bank concentration in Cayman Islands was 100.0% in 2016, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Cayman Islands?
- The highest recorded value was 100.0% in 2015.
- What is the lowest bank concentration recorded in Cayman Islands?
- The lowest recorded value was 62.9% in 2000.
- How does Cayman Islands rank for bank concentration?
- Cayman Islands ranks 1st out of 170 countries with data for 2016.
- Is bank concentration rising or falling in Cayman Islands?
- Over the last ten years it is up 53.4%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.