Cayman Islands flag

Cayman Islands GDP Growth Rate (2026)

Latest Update: November 2026
Source: IMF
The Cayman Islands has a high-income Caribbean economy centered on financial services, investment funds, tourism, real estate, and construction. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+4.4%
Annual real GDP growth
World Rank
#51
Out of 218 economies
Change vs 2025
N/A
Previous-year data unavailable
North America Rank
#4
Out of 36 economies

1. Cayman Islands GDP Growth Rate in 2026

Economic growth is influenced by financial services, tourism, property investment, construction, and international capital flows. Global market conditions remain especially important.

2. Cayman Islands GDP Growth Rate Trends (2007–2026)

The Cayman Islands’ growth history has been shaped by the expansion of offshore finance, tourism, and real estate development.

3. Cayman Islands GDP Growth Rate (Historical Data)

Year GDP Growth Rate Change (pp)
2026 +4.4% +0.6 pp
2024 +3.8% -2.0 pp
2023 +5.8% +0.1 pp
2022 +5.7% +0.8 pp
2021 +4.9% +9.8 pp
2020 -5.0% -8.9 pp
2019 +3.9% -0.4 pp
2018 +4.3% +1.1 pp
2017 +3.2% -0.1 pp
2016 +3.2% +0.4 pp

4. Cayman Islands GDP Growth Performance

Current Growth Rate
+4.4%
(2026 to 2026)
5-Year Average
+4.9%
(2022 to 2026)
10-Year Average
+3.4%
(2017 to 2026)
20-Year Average
+1.9%
(2007 to 2026)
The economy benefits from a globally significant financial sector and strong property demand, while its small size makes external business cycles highly influential.

5. Cayman Islands GDP Growth Rate vs North America and World

Cayman Islands
+4.4%
North America Average
+2.5%
World Average
+2.9%
0.0% 2.2% 4.4%
Annual real GDP growth (%)
Cayman Islands’s GDP growth rate is approximately 1.9 pp above the North America average and 1.4 pp above the world average.

6. Cayman Islands GDP Growth Rate Ranking in North America

Rank Country GDP Growth Rate
#1 Montserrat +7.3%
#2 Turks and Caicos +5.6%
#3 Saint Martin +4.9%
#4 Cayman Islands +4.4%
#5 Curaçao +4.2%
#6 Guatemala +3.9%
#7 Nicaragua +3.8%
#8 Panama +3.8%
#9 Dominican Republic +3.7%

7. Top 10 Fastest-Growing Countries in the World (2026)

Rank Country GDP Growth Rate
#1 Guyana flag Guyana +16.2%
#2 Ethiopia flag Ethiopia +9.2%
#3 Guinea flag Guinea +8.7%
#4 Uganda flag Uganda +7.5%
#5 Bhutan flag Bhutan +7.5%
#6 Rwanda flag Rwanda +7.2%
#7 Vietnam flag Vietnam +7.1%
#8 Benin flag Benin +7.0%
#9 Niger flag Niger +6.7%
#10 Libya flag Libya +6.7%

8. GDP Growth Rate and Economy Size in Cayman Islands

Cayman Islands GDP (Nominal)
$7.1 Billion
(2026)
Cayman Islands GDP Growth Rate
+4.4%
(2026)
The Cayman Islands differs from many Caribbean economies because finance contributes more heavily to activity than tourism alone.

9. Cayman Islands GDP Growth Rate Forecast

The outlook depends on global finance, investment, real estate, tourism, and regulatory conditions. Financial volatility and policy changes remain key risks.
Forecast data is currently unavailable for Cayman Islands.

10. Cayman Islands GDP Growth Rate: Key Findings

Cayman Islands GDP growth rate is estimated at +4.4% in 2026.
It ranks #51 globally and #4 in North America by annual GDP growth rate.
The 5-year average GDP growth rate is +4.9%.
The 10-year average GDP growth rate is +3.4%.
The current rate is 1.9 percentage points above the North America average.
The current rate is 1.4 percentage points above the world average.

11. What Is GDP Growth Rate?

GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate = (Real GDPₜ − Real GDPₜ₋₁) ÷ Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.

12. Methodology and Data Sources

Additional Source: World Bank
Measure: Annual percentage change in real GDP
Unit: Percent (%)
Comparisons: Year-to-year rate differences are shown in percentage points (pp)
Update Frequency: Annually and when new forecasts are released
Last Updated: November 2026

13. Cayman Islands GDP Growth Rate FAQs

Cayman Islands GDP growth rate is estimated at +4.4% in 2026.
Cayman Islands ranks #51 globally and #4 in North America by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +4.4% in 2026.
Cayman Islands GDP growth rate was +2.8% in 2015.
Cayman Islands GDP growth rate is 1.9 percentage points above the North America average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.