Skip to content

Economy of Cayman Islands vs China compared: GDP & Debt

Updated on by Georank team

The Cayman Islands has a GDP of $7.24B compared to $18.7T for China, ranking 158/197 and 2/197 by economy size, respectively.

Cayman Islands vs China GDP by year

Cayman Islands
China
1x
Year GDP, current $
Cayman Islands China
2024 - $18,743,803,170,827
2023 $7,241,244,269 $18,270,356,654,533
2022 $6,660,161,212 $18,316,765,021,690
2021 $6,060,813,808 $18,201,698,719,564
2020 $5,655,357,984 $14,996,414,166,715
2019 $5,941,896,600 $14,560,167,101,283
2018 $5,530,178,499 $14,147,765,772,964
2017 $5,166,281,293 $12,537,559,062,283
2016 $4,909,322,200 $11,456,024,084,962
2015 $4,708,167,255 $11,280,814,787,469
2014 $4,562,853,582 $10,674,533,168,257
2013 $4,405,796,081 $9,743,124,247,267
2012 $4,291,004,486 $8,673,664,713,189
2011 $4,186,073,160 $7,671,757,207,851
2010 $4,156,841,164 $6,192,564,874,453
2009 $4,281,714,618 $5,189,577,094,998
2008 $4,585,948,969 $4,667,346,414,522
2007 $4,466,278,031 $3,604,055,822,572
2006 $4,200,288,282 $2,791,498,472,804
2005 - $2,317,551,298,052
2004 - $1,984,196,551,300
2003 - $1,683,903,309,844
2002 - $1,489,821,682,051
2001 - $1,355,036,590,252
2000 - $1,223,754,919,971
1999 - $1,103,843,203,576
1998 - $1,037,134,141,760
1997 - $967,753,570,435
1996 - $868,523,936,530
1995 - $738,190,896,228
1994 - $566,929,539,493
1993 - $446,557,291,212
1992 - $428,502,354,788
1991 - $384,510,452,962
1990 - $361,560,229,446
1989 - $348,380,566,802
1988 - $312,888,888,889
1987 - $273,455,156,951
1986 - $301,310,144,928
1985 - $310,064,625,850
1984 - $260,442,857,143
1983 - $231,130,268,199
1982 - $205,480,916,031
1981 - $196,218,253,968
1980 - $191,487,500,000
1979 - $178,573,913,043
1978 - $149,788,617,886
1977 - $175,226,595,860
1976 - $154,196,810,059
1975 - $163,687,619,736
1974 - $144,418,433,058
1973 - $138,764,340,892
1972 - $113,871,930,714
1971 - $99,959,013,880
1970 - $92,752,930,873
1969 - $79,847,786,729
1968 - $70,980,323,819
1967 - $73,011,350,596
1966 - $76,854,053,259
1965 - $70,565,994,356
1964 - $59,821,862,703
1963 - $50,812,227,919
1962 - $47,310,737,754
1961 - $50,162,299,350
1960 - $59,846,235,025

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/cayman-islands/china | CC BY

GDP per capita in Cayman Islands vs China by year

Cayman Islands
GDP per capita

GDP per capita, PPP
China
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cayman Islands China
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 - - $13,303 $27,105
2023 $99,144 $88,428 $12,951 $25,179
2022 $93,031 $82,296 $12,971 $23,032
2021 $86,450 $74,160 $12,887 $20,843
2020 $82,339 $66,119 $10,627 $18,267
2019 $88,254 $72,697 $10,343 $17,601
2018 $83,866 $71,812 $10,086 $16,298
2017 $80,054 $68,018 $8,980 $15,022
2016 $77,802 $65,680 $8,255 $14,157
2015 $76,379 $64,009 $8,175 $13,463
2014 $75,845 $63,561 $7,781 $12,942
2013 $75,114 $63,648 $7,147 $12,228
2012 $75,102 $64,727 $6,405 $11,420
2011 $75,281 $66,629 $5,704 $10,457
2010 $76,838 $66,325 $4,629 $9,411
2009 $81,374 $69,254 $3,898 $8,448
2008 $89,655 $76,297 $3,523 $7,713
2007 $89,888 $77,337 $2,735 $6,935
2006 $87,085 $75,191 $2,129 $5,946
2005 - - $1,778 $5,148
2004 - - $1,531 $4,505
2003 - - $1,307 $4,007
2002 - - $1,164 $3,591
2001 - - $1,065 $3,258
2000 - - $969 $2,964
1999 - - $881 $2,690
1998 - - $835 $2,483
1997 - - $787 $2,297
1996 - - $713 $2,088
1995 - - $613 $1,884
1994 - - $476 $1,680
1993 - - $379 $1,471
1992 - - $368 $1,276
1991 - - $334 $1,105
1990 - - $319 $991
1989 - - $311 -
1988 - - $284 -
1987 - - $252.3 -
1986 - - $282.4 -
1985 - - $295 -
1984 - - $251.2 -
1983 - - $225.9 -
1982 - - $203.7 -
1981 - - $197.4 -
1980 - - $195.1 -
1979 - - $184.3 -
1978 - - $156.7 -
1977 - - $185.7 -
1976 - - $165.7 -
1975 - - $178.6 -
1974 - - $160.4 -
1973 - - $157.3 -
1972 - - $132.1 -
1971 - - $118.8 -
1970 - - $113.3 -
1969 - - $100.3 -
1968 - - $91.6 -
1967 - - $96.8 -
1966 - - $104.5 -
1965 - - $98.7 -
1964 - - $85.7 -
1963 - - $74.5 -
1962 - - $71.1 -
1961 - - $76 -
1960 - - $89.7 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/cayman-islands/china | CC BY

The Cayman Islands' GDP per capita is $99,144, ranking 6/197, compared to $13,303 in China, ranking 76/197. Adjusted for purchasing power (GDP per capita PPP), the Cayman Islands ranks 10th at $88,428, while China ranks 77th at $27,105.

Economic indicators

Cayman Islands China
Gross domestic product
$7.24B
2023
$18.7T
2024
GDP rank
158/197
2023
2/197
2024
GDP growth
5.82%
2022-2023
4.98%
2023-2024
GDP per capita
$99,144
2023
$13,303
2024
GDP per capita rank
6/197
2023
76/197
2024
GDP per capita, PPP
$88,428
2023
$27,105
2024
GDP per capita PPP rank
10/197
2023
77/197
2024
Government debt n/a
$16.6T
2024
Debt-to-GDP ratio n/a
88.3%
2024
Government debt per person n/a
$11,749
2024
Government debt per person rank n/a
47/185
2024
Average annual personal income after taxes
$93,253
2026
$9,826
2026
Market capitalization of domestic companies
$644M
2020
$11.8T
2024
Number of millionaires n/a
6,327,000
2025
Number of billionaires n/a
450
2025
Income share by richest 10% n/a
28.4%
2022
Income share by poorest 10% n/a
3.1%
2022
Government expenditure, % of GDP
14%
2025
32.9%
2024
Consumer prices inflation
-0.63%
2015-2016
0.2%
2023-2024
Central bank interest rate n/a
3.1%
2024
Unemployment rate
4.24%
2015
5.11%
2021
Population
77619
1402578808

Inflation comparison by year

Inflation
Cayman Islands

China
1x
Year Consumer prices inflation
Cayman Islands China
2024 - 0.2%
2023 - 0.2%
2022 - 2%
2021 - 0.9%
2020 - 2.5%
2019 - 2.9%
2018 - 2.1%
2017 - 1.6%
2016 -0.63% 2%
2015 -2.35% 1.5%
2014 1.27% 2%
2013 2.16% 2.7%
2012 1.19% 2.6%
2011 1.33% 5.4%
2010 0.28% 3.3%
2009 - -0.7%
2008 - 5.9%
2007 - 4.7%
2006 - 1.5%
2005 - 1.8%
2004 - 3.9%
2003 - 1.1%
2002 - -0.8%
2001 - 0.7%
2000 - 0.4%
1999 - -1.4%
1998 - -0.8%
1997 - 2.8%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (2010–2016, retrieved 2026-04-06).

GeoRank.org/economy/cayman-islands/china | CC BY

Over the past 7 years, the Cayman Islands has recorded an average annual inflation rate of 0.46%, compared with 2.79% in China. In 2016, inflation was -0.63% in the Cayman Islands and 0.2% in China.

Top exports between countries

Cayman Islands
Export category Export value
China
Export category Export value
Machinery & equipment $138M
Metals $8.75M
Raw materials & minerals $7.99M
Textiles & consumer goods $4.79M
Miscellaneous $2.45M
Chemicals & pharma $1.89M
Wood & paper products $879K
Processed food, beverages & tobacco $731K
Precious metals & jewellery $41K
Raw agricultural goods $20K

Balance of trade

Cayman Islands China
Current account balance
-$713M
2023
$424B
2024
Current account balance ranking
116/190
2023
1/190
2024
Current account balance, % of GDP
-9.84%
2023
+2.26%
2024
Goods imports
$1.64B
2023
$2.64T
2024
Goods exports
$150M
2023
$3.41T
2024
Service imports
$1.8B
2023
$613B
2024
Service exports
$4.45B
2023
$384B
2024
Imports of goods and services, % of GDP
45.8%
2020
17.2%
2024
Exports of goods and services, % of GDP
59.6%
2020
20%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Cayman Islands China
Economic freedom 74 48.3
Economic freedom ranking 22/197 170/197
Property rights n/a 40.9
Government integrity n/a 42.3
Judicial effectiveness n/a 38.6
Tax burden n/a 69.3
Government spending n/a 67.8
Fiscal health n/a 4.4
Business freedom n/a 68.7
Labor freedom n/a 57.9
Monetary freedom n/a 76.1
Trade freedom n/a 73.4
Investment freedom n/a 20
Financial freedom n/a 20

Other economic metrics

Cayman Islands China
Services, % of GDP
86%
2023
56.7%
2024
Industry, % of GDP
7.84%
2023
36.5%
2024
Agriculture, forestry, and fishing, % of GDP
0.42%
2023
6.78%
2024
GNI, Atlas method
$5.53B
2023
$19.3T
2024
GNI per capita, PPP
$68,030
2023
$26,920
2024
Total reserves including gold
$234M
2023
$3.46T
2024
Total reserves ranking
169/177
2023
1/177
2024
Net foreign direct investment
-$5.52B
2023
$154B
2024
Net inflows of foreign direct investment
$35.9B
2024
$18.6B
2024
Net outflows of foreign direct investment
$27.2B
2024
$172B
2024
Servicing debt to the IMF, % of GNI n/a
1.89%
2024
Poverty at national poverty lines n/a
0%
2020
Gross capital formation, % of GDP n/a
40.6%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/cayman-islands/china | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-04-06)
  2. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  3. International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. TradeMap (2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.