Services, Debit/Expenditure in Cayman Islands
Cayman Islands: Services, Debit/Expenditure was 1.80 billion in 2023. ▲ Rising
Services, Debit/Expenditure in Cayman Islands, 2016–2023
Source: International Monetary Fund.
Analysis
In 2023, services, debit/expenditure in Cayman Islands stood at 1.80 billion. That is the highest value across all 8 years on record.
That represents a change of up 7.4% on the previous year and up 64.2% over ten years.
That places Cayman Islands 126th out of 198 countries with data for 2023, putting it in the middle of the range.
Services, Debit/Expenditure in Cayman Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2016 | 1.10 billion | — |
| 2017 | 1.25 billion | +13.8% |
| 2018 | 1.39 billion | +11.2% |
| 2019 | 1.41 billion | +1.5% |
| 2020 | 1.28 billion | -9.6% |
| 2021 | 1.43 billion | +11.8% |
| 2022 | 1.68 billion | +17.7% |
| 2023 | 1.80 billion | +7.4% |
Cayman Islands compared with similar countries
- Cayman Islands's 1.80 billion is below the median for high income countries, which is 18.44 billion, 10% of the median. (72 countries reporting)
- Cayman Islands's 1.80 billion is below the median for Latin America & Caribbean, which is 2.54 billion, 71% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.29 billion | 1.10 billion | 1.41 billion | 4 |
| 2020s | 1.55 billion | 1.28 billion | 1.80 billion | 4 |
Countries ranked near Cayman Islands
More trade data for Cayman Islands
- Imports of low carbon technology products, US dollar (World), per 850.7 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0082 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 444,306 (2024)
- Exports of low carbon technology products, US dollar (World), per 5.97 units per person (2024)
- Total trade in low carbon technology products, US dollar (World) 63.78 million (2024)
- Trade balance in low carbon technology products, US dollar (World) -62.90 million (2024)
- Exports of low carbon technology products, US dollar (World), per 0.0001 units per US$ of GDP (2024)
- Total trade in low carbon technology products, US dollar (World), per 856.66 units per person (2024)
- Total trade in low carbon technology products, US dollar (World), per 0.0082 units per US$ of GDP (2024)
- Imports of low carbon technology products, US dollar (World), gaps 63.34 million (2024)
Frequently asked questions
- What is services, debit/expenditure in Cayman Islands?
- Services, debit/expenditure in Cayman Islands was 1.80 billion in 2023, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Cayman Islands?
- The highest recorded value was 1.80 billion in 2023.
- What is the lowest services, debit/expenditure recorded in Cayman Islands?
- The lowest recorded value was 1.10 billion in 2016.
- How does Cayman Islands rank for services, debit/expenditure?
- Cayman Islands ranks 126th out of 198 countries with data for 2023.
- Is services, debit/expenditure rising or falling in Cayman Islands?
- Over the last ten years it is up 64.2%. 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 Services, Debit/Expenditure (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.