ky Cayman Islands 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$7.14 billion

↑ 8.16% vs 2022
GDP per Capita

$97,749.51

↑ 6.02% vs 2022
GDP Growth (Annual %)

4.36%

↓ 0.80pp vs 2022
Inflation Rate (CPI %)

N/A

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $6.60 billion $7.14 billion +8.16%
GDP per Capita $92,202.15 $97,749.51 +6.02%
GDP Growth (Annual %) 5.16% 4.36% -0.80pp
Inflation (CPI %) N/A N/A N/A

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$7.14 billion
GDP per Capita
$97,749.51
GDP Growth (Annual %)
4.36%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
N/A
Inflation (GDP Deflator %)
3.64%
Unemployment Rate (%)
N/A
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, Cayman Islands's Gross Domestic Product (GDP) is $7.14 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Cayman Islands for 2023 is $97,749.51. GDP per capita is calculated by dividing the country's GDP by its population.

Cayman Islands's annual GDP growth rate for 2023 is 4.36%. This indicates the rate at which the country's economy is expanding or contracting.