Cayman Islands recorded a Current Account deficit of 32.10 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Cayman Islands averaged -23.62 percent from 2005 until 2017, reaching an all time high of -16.60 percent in 2009 and a record low of -38.80 percent in 2014.

Current Account to GDP in Cayman Islands is expected to be -21.07 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cayman Islands Current Account to GDP is projected to trend around -16.42 percent in 2020, according to our econometric models.

Cayman Islands Current Account to GDP
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Cayman Islands Trade Last Previous Highest Lowest Unit
Balance of Trade -848.30 -810.20 -8.40 -933.50 KYD Million [+]
Exports 27.70 42.50 54.00 0.20 KYD Million [+]
Imports 254.00 246.70 976.30 8.90 KYD Million [+]
Current Account -997.20 -757.60 -409.60 -1070.50 KYD Million [+]
Current Account to GDP -32.10 -25.60 -16.60 -38.80 percent [+]
Tourist Arrivals 418.40 385.50 418.40 167.80 Thousand [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Cayman Islands Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Cayman Islands Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cayman Islands Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-32.10 -25.60 -16.60 -38.80 2005 - 2017 percent Yearly




Country Last Previous
Singapore 19.50 Dec/17
Netherlands 10.20 Dec/17
Switzerland 9.80 Dec/17
Germany 8.00 Dec/17
South Korea 5.60 Dec/17
Japan 4.02 Dec/17
Euro Area 3.50 Dec/17
Italy 2.80 Dec/17
Russia 2.20 Dec/17
Saudi Arabia 2.20 Dec/17
Spain 1.90 Dec/17
China 1.30 Dec/17
Brazil -0.48 Dec/17
France -0.80 Dec/17
Mexico -1.60 Dec/17
Indonesia -1.70 Dec/17
India -1.90 Dec/17
United States -2.40 Dec/17
South Africa -2.50 Dec/17
Canada -3.00 Dec/17
Australia -3.10 Dec/17
United Kingdom -4.10 Dec/17
Argentina -4.80 Dec/17
Turkey -5.50 Dec/17


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