Transport services (% of commercial service imports) in Cayman Islands
Cayman Islands: Transport services (% of commercial service imports) was 14.8% in 2024. ▲ Rising
Transport services in Cayman Islands, 2016–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
In 2024, transport services in Cayman Islands stood at 14.8%.
Compared with earlier readings it is down 2.7% on the previous year and up 15.4% over ten years.
Over the whole period, transport services in Cayman Islands peaked at 15.2% in 2023 and was at its lowest, 9.8%, in 2020.
That places Cayman Islands 178th out of 197 countries with data for 2024, putting it in the bottom quarter.
Transport services (% of commercial service imports) in Cayman Islands, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 2016 | 12.8% | — |
| 2017 | 12.6% | -1.6% |
| 2018 | 12.3% | -1.9% |
| 2019 | 13.1% | +6.5% |
| 2020 | 9.8% | -25.5% |
| 2021 | 11.9% | +21.8% |
| 2022 | 13.9% | +16.4% |
| 2023 | 15.2% | +9.2% |
| 2024 | 14.8% | -2.7% |
Cayman Islands compared with similar countries
- Cayman Islands's 14.8% is below the median for high income countries, which is 20.2%, 73% of the median. (72 countries reporting)
- Cayman Islands's 14.8% is below the median for Latin America & Caribbean, which is 28.3%, 52% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 12.7% | 12.3% | 13.1% | 4 |
| 2020s | 13.1% | 9.8% | 15.2% | 5 |
Countries ranked near Cayman Islands
More private sector data for Cayman Islands
- Merchandise trade 26.4% (2024)
- Food imports 21.3% (2024)
- Manufactures imports 58.8% (2024)
- Merchandise imports 2.11 billion current US$ (2025)
- Commercial service imports 1.99 billion current US$ (2024)
- Food exports 3.8% (2024)
- Manufactures exports 26.0% (2024)
- Merchandise exports 25.00 million current US$ (2025)
- Commercial service exports 4.77 billion current US$ (2024)
- Merchandise exports (current US$), per capita 329.62 current US$ per person (2025)
Frequently asked questions
- What is transport services in Cayman Islands?
- Transport services in Cayman Islands was 14.8% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest transport services recorded in Cayman Islands?
- The highest recorded value was 15.2% in 2023.
- What is the lowest transport services recorded in Cayman Islands?
- The lowest recorded value was 9.8% in 2020.
- How does Cayman Islands rank for transport services?
- Cayman Islands ranks 178th out of 197 countries with data for 2024.
- Is transport services rising or falling in Cayman Islands?
- Over the last ten years it is up 15.4%. The long-run trend across the full record is rising.
- Where does this Cayman Islands data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Transport services (% of commercial service imports). Statizoid updates them automatically from the source API.
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About this data
Transport is the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.