Travel services in Cayman Islands
Cayman Islands: Travel services was 18.0% in 2024. ▬ Flat
Travel 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, travel services in Cayman Islands stood at 18.0%.
That represents a change of down 1.4% on the previous year and up 1.8% over ten years.
Over the whole period, travel services in Cayman Islands peaked at 18.2% in 2023 and was at its lowest, 9.9%, in 2021.
That places Cayman Islands 111th out of 198 countries with data for 2024, putting it in the middle of the range.
Travel services in Cayman Islands, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 2016 | 17.6% | — |
| 2017 | 16.5% | -6.7% |
| 2018 | 15.4% | -6.2% |
| 2019 | 16.1% | +4.6% |
| 2020 | 11.6% | -28.2% |
| 2021 | 9.9% | -14.4% |
| 2022 | 15.8% | +59.1% |
| 2023 | 18.2% | +15.3% |
| 2024 | 18.0% | -1.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 16.4% | 15.4% | 17.6% | 4 |
| 2020s | 14.7% | 9.9% | 18.2% | 5 |
Countries ranked near Cayman Islands
- 108 Mexico 18.3% compare
- 109 Solomon Islands 18.2% compare
- 110 Honduras 18.1% compare
- 112 Saint Kitts and Nevis 17.9% compare
- 113 Sint Maarten (Dutch part) 17.8% compare
- 114 India 17.6% compare
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)
- Food exports 3.8% (2024)
- Manufactures exports 26.0% (2024)
- Merchandise exports 25.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 329.62 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0088 current US$ per US$ of GDP (2024)
- Merchandise exports (current US$), annual growth rate -63.24 % change on previous year (2025)
Frequently asked questions
- What is travel services in Cayman Islands?
- Travel services in Cayman Islands was 18.0% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest travel services recorded in Cayman Islands?
- The highest recorded value was 18.2% in 2023.
- What is the lowest travel services recorded in Cayman Islands?
- The lowest recorded value was 9.9% in 2021.
- How does Cayman Islands rank for travel services?
- Cayman Islands ranks 111th out of 198 countries with data for 2024.
- Is travel services rising or falling in Cayman Islands?
- Over the last ten years it is up 1.8%. The long-run trend across the full record is flat.
- 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 Travel services (% of commercial service imports). Statizoid updates them automatically from the source API.
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About this data
Travel services cover goods and services for own use or to give away acquired from an economy by nonresidents during visits to that economy, or acquired from other economies by residents during visits to these other economies. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.