GDP deflator: linked series (base year varies by country) in Cayman Islands
Cayman Islands: GDP deflator: linked series (base year varies by country) was 123.6 base year varies by country in 2024. ▲ Rising
GDP deflator: linked series in Cayman Islands, 2006–2024
Source: Staff estimates, World Bank (WB). Measured in base year varies by country.
Analysis
Cayman Islands recorded 123.6 base year varies by country for gdp deflator: linked series in 2024. That is the highest value across all 19 years on record.
That represents a change of up 2.4% on the previous year and up 24.0% over ten years.
Over the whole period, gdp deflator: linked series in Cayman Islands peaked at 123.6 base year varies by country in 2024 and was at its lowest, 90.65 base year varies by country, in 2006.
That places Cayman Islands 143rd out of 214 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 19 years of available data.
GDP deflator: linked series (base year varies by country) in Cayman Islands, year by year
| Year | base year varies by country | Change |
|---|---|---|
| 2006 | 90.65 base year varies by country | — |
| 2007 | 93.44 base year varies by country | +3.1% |
| 2008 | 96.28 base year varies by country | +3.0% |
| 2009 | 96.87 base year varies by country | +0.6% |
| 2010 | 96.67 base year varies by country | -0.2% |
| 2011 | 96.23 base year varies by country | -0.5% |
| 2012 | 97.44 base year varies by country | +1.3% |
| 2013 | 98.78 base year varies by country | +1.4% |
| 2014 | 99.66 base year varies by country | +0.9% |
| 2015 | 100 base year varies by country | +0.3% |
| 2016 | 101 base year varies by country | +1.0% |
| 2017 | 103.01 base year varies by country | +2.0% |
| 2018 | 105.75 base year varies by country | +2.7% |
| 2019 | 109.34 base year varies by country | +3.4% |
| 2020 | 109.49 base year varies by country | +0.1% |
| 2021 | 111.89 base year varies by country | +2.2% |
| 2022 | 116.26 base year varies by country | +3.9% |
| 2023 | 120.7 base year varies by country | +3.8% |
| 2024 | 123.6 base year varies by country | +2.4% |
Cayman Islands compared with similar countries
- Cayman Islands's 123.6 base year varies by country is above the median for high income countries, which is 122.45 base year varies by country, 1.0× the median. (82 countries reporting)
- Cayman Islands's 123.6 base year varies by country is below the median for Latin America & Caribbean, which is 134.27 base year varies by country, 92% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 94.31 base year varies by country | 90.65 base year varies by country | 96.87 base year varies by country | 4 |
| 2010s | 100.79 base year varies by country | 96.23 base year varies by country | 109.34 base year varies by country | 10 |
| 2020s | 116.39 base year varies by country | 109.49 base year varies by country | 123.6 base year varies by country | 5 |
Countries ranked near Cayman Islands
- 140 Puerto Rico 124.56 base year varies by country compare
- 141 Canada 124.4 base year varies by country compare
- 142 Germany 123.84 base year varies by country compare
- 144 Saint Vincent and the Grenadines 123.46 base year varies by country compare
- 145 El Salvador 123.38 base year varies by country compare
- 146 Palau 123.21 base year varies by country 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 gdp deflator: linked series in Cayman Islands?
- Gdp deflator: linked series in Cayman Islands was 123.6 base year varies by country in 2024, according to Staff estimates, World Bank (WB).
- What is the highest gdp deflator: linked series recorded in Cayman Islands?
- The highest recorded value was 123.6 base year varies by country in 2024.
- What is the lowest gdp deflator: linked series recorded in Cayman Islands?
- The lowest recorded value was 90.65 base year varies by country in 2006.
- How does Cayman Islands rank for gdp deflator: linked series?
- Cayman Islands ranks 143rd out of 214 countries with data for 2024.
- Is gdp deflator: linked series rising or falling in Cayman Islands?
- Over the last ten years it is up 24.0%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of GDP deflator: linked series (base year varies by country). Statizoid updates them automatically from the source API.
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CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed as a ratio (a÷b).