Current account balance (credit less debit), Net (credits less debits) in Cayman Islands
Cayman Islands: Current account balance (credit less debit), Net (credits less debits) was -712.68 million in 2023. ▲ Rising
Current account balance (credit less debit), Net (credits less debits) in Cayman Islands, 2016–2023
Source: International Monetary Fund.
Analysis
Cayman Islands recorded -712.68 million for current account balance (credit less debit), net (credits less debits) in 2023.
That represents a change of up 4.9% on the previous year and down 0.9% over ten years.
That places Cayman Islands 123rd out of 198 countries with data for 2023, putting it in the middle of the range.
Current account balance (credit less debit), Net (credits less debits) in Cayman Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2016 | -706.58 million | — |
| 2017 | -871.50 million | +23.3% |
| 2018 | -927.54 million | +6.4% |
| 2019 | -646.84 million | -30.3% |
| 2020 | -924.45 million | +42.9% |
| 2021 | -794.21 million | -14.1% |
| 2022 | -749.48 million | -5.6% |
| 2023 | -712.68 million | -4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -788.12 million | -927.54 million | -646.84 million | 4 |
| 2020s | -795.20 million | -924.45 million | -712.68 million | 4 |
Countries ranked near Cayman Islands
More financial sector data for Cayman Islands
- Total reserves in months of imports, annual growth rate 12.65 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 2.15 % change on previous year (2025)
- 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 2,604 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 2.15 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 2,604 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 2.15 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 2,604 SDR per person (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Cayman Islands?
- Current account balance (credit less debit), net (credits less debits) in Cayman Islands was -712.68 million in 2023, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Cayman Islands?
- The highest recorded value was -646.84 million in 2019.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Cayman Islands?
- The lowest recorded value was -927.54 million in 2018.
- How does Cayman Islands rank for current account balance (credit less debit), net (credits less debits)?
- Cayman Islands ranks 123rd out of 198 countries with data for 2023.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Cayman Islands?
- Over the last ten years it is down 0.9%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.