Flag of ky

Cayman Islands Trade (% GDP)

Cayman Islands' trade (% GDP) fell to 105.47% in 2020, down from 114.84% in 2019, according to World Bank. This represents a decrease of 9.37% from the previous year. Cayman Islands has trade (% GDP) higher than the global median (105.47% vs median 84.49%). Compared with the median in Americas, Cayman Islands is higher (105.47% vs regional median 78.04%) and ranks 7th out of 32 countries in Americas.

Yearly Historical Data (2017-2020)

(in %)
Year Trade (% GDP)
2020 105.47%
2019 114.84%
2018 117.12%
2017 117.44%
Cayman Islands Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Cayman Islands divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $56.4M $45.33M 2024
Annual Imports $1.65B $1.83B 2024
Exports (% GDP) 59.63% 69.47% 2020
FDI Inflows (% GDP) 95.06% -47.64% 2023
Imports (% GDP) 45.84% 45.37% 2020
Net Trade (Goods & Services, BoP) $1.16B $928.37M 2023
Tariff Rate 22.79% 23.03% 2021