Andorra vs the Cayman Islands: Economic Indicators Comparison

The Cayman Islands with a GDP of $5.1B ranked the 158th largest economy in the world, while Andorra ranked 165th with $3.2B. By GDP per capita, the Cayman Islands and Andorra ranked 6th vs 24th, respectively.

Gross Domestic Product & Income

StatAndorraCayman Islands
GDP$3.2B$5.1B
GDP growth, 1 year1.63%3.04%
GDP growth, 5-years averageN/AN/A
Population76k58k
GDP per capita$42k$81k
GDP per capita growth1.62%1.72%
Purchasing Power Parity conversion factorN/A0.93
Price level ratio of PPP conversion factor GDP to market exchange rateN/A1.12
GDP per capita, PPP adjusted$37k$73k
GNI, Atlas methodN/A$3B
GNI per capitaN/A$47k
GNI, PPP adjustedN/A$2.8B
GNI per capita, PPP adjustedN/A$44k

Financial system and Human development

StatAndorraCayman Islands
Income Tax RateN/AN/A
Corporate Tax RateN/AN/A
Inflation, consumer pricesN/A-0.6%
Inflation, GDP deflator0.9%1.9%
UnemploymentN/A4.2%
Economic Freedom Index7274
Personal Freedom Index8.48.1
Human Freedom Index8.48.1
Property Rights IndexN/AN/A
Judical Effectiveness IndexN/AN/A
Business Freedom IndexN/AN/A
Fiscal Health IndexN/AN/A
Labor Freedom IndexN/AN/A
Investment Freedom IndexN/AN/A
Financial Freedom IndexN/AN/A
Trade Freedom IndexN/AN/A
Monetary Freedom IndexN/AN/A
Government Spending IndexN/AN/A
Tax Burden IndexN/AN/A
Government Integrity IndexN/AN/A
Corruption Perceptions Index8476
Life expectancy at birth, years8382.2
Suicide mortality rate, per 100,000 people0.50.5
Mortality caused by road traffic injury, per 100,000 people7.614
Intentional homicides, per 100,000 people08.5
International tourism, number of arrivals3M463k

Government debt & reserves

StatAndorraCayman Islands
Central government debt, % of GDPN/AN/A
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNIN/AN/A
Gross savings, % of GDPN/AN/A
Gross capital formation, % of GDPN/AN/A
Total reserves including goldN/A$162.1M
Foreign direct investment net inflowsN/A$57.4B

Exports, imports and economic structure

StatAndorraCayman Islands
Exports of goods and services, % of GDPN/AN/A
Imports of goods and services, % of GDPN/AN/A
Current account balance (balance of payments)N/A-$997.9M
Revenue excluding grants, % of GDPN/AN/A
Grants excluding technical cooperation, BoPN/A$0
Personal remittances receivedN/A$15.6M
Industry including construction value added, % of GDP9.9%7.2%
Agriculture, forestry and fishing value added, % of GDP0.5%0.4%
Charges for the use of intellectual property, payments BoPN/A$68M
Charges for the use of intellectual property, receipts BoPN/A$9.3M
Expense, % of GDPN/AN/A
Government Expenditure, % of GDPN/AN/A

Compare with countries close by GDP per capita

Andorra vs

CountryGDP
per capita
Population
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M

Cayman Islands vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k