Remittance inflows to GDP in Cayman Islands
Cayman Islands: Remittance inflows to GDP was 0.2% in 2020. β Volatile
Remittance inflows to GDP in Cayman Islands, 2006β2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Cayman Islands recorded 0.2% for remittance inflows to gdp in 2020.
Compared with earlier readings it is down 32.5% on the previous year.
Over the whole period, remittance inflows to gdp in Cayman Islands peaked at 0.3% in 2017 and was at its lowest, 0.0%, in 2006.
That places Cayman Islands 165th out of 196 countries with data for 2020, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.0% | 0.0% | 0.0% | 4 |
| 2010s | 0.1% | 0.0% | 0.3% | 10 |
| 2020s | 0.2% | 0.2% | 0.2% | 1 |
Countries ranked near Cayman Islands
More financial sector data for Cayman Islands
- Gold reserves at 35 SDRs per ounce 0 SDR (2025)
- Gold reserves at market value 0 SDR (2025)
- Reserves excluding gold, foreign exchange 197.46 million SDR (2025)
- Reserves excluding gold 197.46 million SDR (2025)
- Total reserves (gold at market value) 197.46 million SDR (2025)
- Total reserves (gold at national valuation) 197.46 million SDR (2025)
- Total reserves in months of imports 0.2647 (2024)
- Official exchange rate 0.8333 LCU per US$, period average (2025)
- Net migration 888 (2025)
- Net migration, annual growth rate -0.8929 % change on previous year (2025)
Frequently asked questions
- What is remittance inflows to gdp in Cayman Islands?
- Remittance inflows to gdp in Cayman Islands was 0.2% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Cayman Islands?
- The highest recorded value was 0.3% in 2017.
- What is the lowest remittance inflows to gdp recorded in Cayman Islands?
- The lowest recorded value was 0.0% in 2006.
- How does Cayman Islands rank for remittance inflows to gdp?
- Cayman Islands ranks 165th out of 196 countries with data for 2020.
- Where does this Cayman Islands data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.