Primary income balance (credit less debit), Net (credits less debits) in Cayman Islands
Cayman Islands: Primary income balance (credit less debit), Net (credits less debits) was -1.67 billion in 2023. ▲ Rising
Latest (2023)
-1.67 billion
Change on year
down 17.5%
World rank
125th
of 197 countries
All-time high
-795.56 million
in 2021
All-time low
-1.96 billion
in 2016
Years of data
8
2016–2023
Primary income balance (credit less debit), Net (credits less debits) in Cayman Islands, 2016–2023
Source: International Monetary Fund.
Analysis
In 2023, primary income balance (credit less debit), net (credits less debits) in Cayman Islands stood at -1.67 billion.
The figure is down 17.5% on the previous year and up 14.7% over ten years.
Cayman Islands ranks 125th of 197 countries on this measure, in the middle of the range.
Primary income balance (credit less debit), Net (credits less debits) in Cayman Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2016 | -1.96 billion | — |
| 2017 | -1.71 billion | -12.9% |
| 2018 | -1.67 billion | -2.1% |
| 2019 | -1.54 billion | -7.9% |
| 2020 | -1.37 billion | -10.9% |
| 2021 | -795.56 million | -42.0% |
| 2022 | -1.42 billion | +78.8% |
| 2023 | -1.67 billion | +17.5% |
Cayman Islands compared with similar countries
- Cayman Islands's -1.67 billion is below the median for high income countries, which is -896.13 million, 1.9× the median. (72 countries reporting)
- Cayman Islands's -1.67 billion is below the median for Latin America & Caribbean, which is -1.10 billion, 1.5× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -1.72 billion | -1.96 billion | -1.54 billion | 4 |
| 2020s | -1.31 billion | -1.67 billion | -795.56 million | 4 |
Countries ranked near Cayman Islands
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 primary income balance (credit less debit), net (credits less debits) in Cayman Islands?
- Primary income balance (credit less debit), net (credits less debits) in Cayman Islands was -1.67 billion in 2023, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Cayman Islands?
- The highest recorded value was -795.56 million in 2021.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Cayman Islands?
- The lowest recorded value was -1.96 billion in 2016.
- How does Cayman Islands rank for primary income balance (credit less debit), net (credits less debits)?
- Cayman Islands ranks 125th out of 197 countries with data for 2023.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Cayman Islands?
- Over the last ten years it is up 14.7%. 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 Primary income 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.