Remittances in Cayman Islands
Cayman Islands: Remittances was 0.148 in 2024. ▼ Falling
Latest (2024)
0.148
Change on year
down 0.2%
World rank
170th
of 194 countries
All-time high
0.3017
in 2017
All-time low
0.148
in 2024
Years of data
9
2016–2024
Remittances in Cayman Islands, 2016–2024
Source: Our World in Data.
Analysis
In 2024, remittances in Cayman Islands stood at 0.148. That is the lowest value across all 9 years on record.
Compared with earlier readings it is down 0.2% on the previous year and down 46.2% over ten years.
Over the whole period, remittances in Cayman Islands peaked at 0.3017 in 2017 and was at its lowest, 0.148, in 2024.
Cayman Islands ranks 170th of 194 countries on this measure, in the bottom quarter.
Remittances in Cayman Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2016 | 0.2751 | — |
| 2017 | 0.3017 | +9.6% |
| 2018 | 0.2578 | -14.5% |
| 2019 | 0.2381 | -7.6% |
| 2020 | 0.1593 | -33.1% |
| 2021 | 0.1685 | +5.8% |
| 2022 | 0.1916 | +13.7% |
| 2023 | 0.1483 | -22.6% |
| 2024 | 0.148 | -0.2% |
Cayman Islands compared with similar countries
- Cayman Islands's 0.148 is below the median for high income countries, which is 0.7013, 21% of the median. (69 countries reporting)
- Cayman Islands's 0.148 is below the median for Latin America & Caribbean, which is 2.87, 5% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.2682 | 0.2381 | 0.3017 | 4 |
| 2020s | 0.1632 | 0.148 | 0.1916 | 5 |
Countries ranked near Cayman Islands
More reference data data for Cayman Islands
- Emission Totals - Emissions (CO2eq) from CH4 (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CH4) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 0 (2019)
- Emission Totals - Emissions (CO2eq) (AR5) - IPCC Agriculture 0 (2019)
- Country level monthly temperature anomalies 0.359 (2026)
- Spring temperature anomalies 0.4176 (2026)
- Autumn temperature anomalies 1.01 (2026)
- Summer temperature anomalies 0.8137 (2026)
- Official exchange rate, LCU per USD, period average 0.8333 (2026)
Frequently asked questions
- What is remittances in Cayman Islands?
- Remittances in Cayman Islands was 0.148 in 2024, according to Our World in Data.
- What is the highest remittances recorded in Cayman Islands?
- The highest recorded value was 0.3017 in 2017.
- What is the lowest remittances recorded in Cayman Islands?
- The lowest recorded value was 0.148 in 2024.
- How does Cayman Islands rank for remittances?
- Cayman Islands ranks 170th out of 194 countries with data for 2024.
- Is remittances rising or falling in Cayman Islands?
- Over the last ten years it is down 46.2%. The long-run trend across the full record is falling.
- Where does this Cayman Islands data come from?
- The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (Our World in Data).