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Cayman Islands Trade volume % GDP 2026: Interactive Chart & Historical Data

Trade volume % GDP in Cayman Islands stood at 26.44% in 2024, according to World Bank. The latest value is up 0.62 percentage points from 25.82% in 2023. Ten years earlier, in 2014, the value was 23.47% (up 2.97 percentage points since). The highest value since 2006 was 27.56% in 2022, the lowest 21.55% in 2010. Cayman Islands ranked 181st highest of the 199 countries in this dataset in 2024; Hong Kong ranked first.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1960–2025
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What is Trade volume % GDP?

Trade volume % GDP, measured in %, measures the total economic output of Cayman Islands. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Cayman Islands, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Trade volume % GDP in Cayman Islands?

Trade volume % GDP in Cayman Islands stood at 26.44% in 2024, according to World Bank.

Is Trade volume % GDP in Cayman Islands rising or falling?

The latest value is up 0.62 percentage points from 25.82% in 2023. Ten years earlier, in 2014, the value was 23.47% (up 2.97 percentage points since).

How does Cayman Islands rank for Trade volume % GDP?

Cayman Islands ranked 181st highest of the 199 countries in this dataset in 2024; Hong Kong ranked first.

What is the highest Trade volume % GDP on record in Cayman Islands?

The highest value since 2006 was 27.56% in 2022, the lowest 21.55% in 2010.

Metadata for Trade volume % GDP in Cayman Islands
IndicatorTrade volume % GDP
CountryCayman Islands
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 26.44% (2024)

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Source:World Bank — series TG.VAL.TOTL.GD.ZS
License:CC BY 4.0
Cite this chart
APA

World Bank. (2026). Trade volume % GDP — Cayman Islands [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/trade-volume-percent-gdp/CYM. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS

MLA

World Bank. "Trade volume % GDP — Cayman Islands." EconDash, 2026, https://econdash.org/chart/trade-volume-percent-gdp/CYM. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS.

Chicago

World Bank. 2026. "Trade volume % GDP — Cayman Islands." EconDash. Accessed November 13, 2026. https://econdash.org/chart/trade-volume-percent-gdp/CYM. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS.

BibTeX
@misc{econdash_trade_volume_percent_gdp_cym,
  author = {{World Bank}},
  title = {{Trade volume \% GDP --- Cayman Islands}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/trade-volume-percent-gdp/CYM},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS}
}