The Cayman Islands vs Finland: Economic Indicators Comparison
Finland with a GDP of $276.7B ranked the 43rd largest economy in the world, while the Cayman Islands ranked 158th with $5.1B. By GDP per capita, Finland and the Cayman Islands ranked 17th vs 6th, respectively.
Gross Domestic Product & Income
| Stat |  Cayman Islands |  Finland |
|---|---|---|
| GDP | $5.1B | $276.7B |
| GDP growth, 1 year | 3.04% | 2.4% |
| GDP growth, 5-years average | N/A | 1.4% |
| Population | 58k | 5.5M |
| GDP per capita | $81k | $50k |
| GDP per capita growth | 1.72% | 1.49% |
| Purchasing Power Parity conversion factor | 0.93 | 0.88 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 1.12 | 1.04 |
| GDP per capita, PPP adjusted | $73k | $46k |
| GNI, Atlas method | $3B | $266.4B |
| GNI per capita | $47k | $48k |
| GNI, PPP adjusted | $2.8B | $268.1B |
| GNI per capita, PPP adjusted | $44k | $49k |
Financial system and Human development
| Stat | Cayman Islands | Finland |
|---|---|---|
| Income Tax Rate | N/A | 31.3% |
| Corporate Tax Rate | N/A | 20% |
| Inflation, consumer prices | -0.6% | 1.2% |
| Inflation, GDP deflator | 1.9% | 2.1% |
| Unemployment | 4.2% | 7.8% |
| Economic Freedom Index | 74 | 75.7 |
| Personal Freedom Index | 8.1 | 9.5 |
| Human Freedom Index | 8.1 | 8.7 |
| Property Rights Index | N/A | 92.3 |
| Judical Effectiveness Index | N/A | 80.5 |
| Business Freedom Index | N/A | 84.8 |
| Fiscal Health Index | N/A | 90.7 |
| Labor Freedom Index | N/A | 50.3 |
| Investment Freedom Index | N/A | 85 |
| Financial Freedom Index | N/A | 80 |
| Trade Freedom Index | N/A | 86.4 |
| Monetary Freedom Index | N/A | 83.6 |
| Government Spending Index | N/A | 11.2 |
| Tax Burden Index | N/A | 67.5 |
| Government Integrity Index | N/A | 96.1 |
| Corruption Perceptions Index | 76 | 85 |
| Life expectancy at birth, years | 82.2 | 81.4 |
| Suicide mortality rate, per 100,000 people | 0.5 | 15.9 |
| Mortality caused by road traffic injury, per 100,000 people | 14 | 4.7 |
| Intentional homicides, per 100,000 people | 8.5 | 1.2 |
| International tourism, number of arrivals | 463k | 3.2M |
Government debt & reserves
| Stat | Cayman Islands | Finland |
|---|---|---|
| Central government debt, % of GDP | N/A | 60.5% |
| External debt stocks, % of GNI | N/A | N/A |
| External debt stocks | N/A | N/A |
| Short-term debt, % of total reserves | N/A | N/A |
| Total debt service, % of exports and primary income | N/A | N/A |
| Adjusted net savings including particulate emission damage, % of GNI | N/A | 10.2% |
| Gross savings, % of GDP | N/A | 23.9% |
| Gross capital formation, % of GDP | N/A | 24.9% |
| Total reserves including gold | $162.1M | $10.3B |
| Foreign direct investment net inflows | $57.4B | -$4.9B |
Exports, imports and economic structure
| Stat | Cayman Islands | Finland |
|---|---|---|
| Exports of goods and services, % of GDP | N/A | 38.6% |
| Imports of goods and services, % of GDP | N/A | 39.3% |
| Current account balance (balance of payments) | -$997.9M | -$4.5B |
| Revenue excluding grants, % of GDP | N/A | 36.6% |
| Grants excluding technical cooperation, BoP | $0 | N/A |
| Personal remittances received | $15.6M | $949.7M |
| Industry including construction value added, % of GDP | 7.2% | 24.5% |
| Agriculture, forestry and fishing value added, % of GDP | 0.4% | 2.5% |
| Charges for the use of intellectual property, payments BoP | $68M | $1.1B |
| Charges for the use of intellectual property, receipts BoP | $9.3M | $3.4B |
| Expense, % of GDP | N/A | 37.9% |
| Government Expenditure, % of GDP | N/A | 54.4% |
