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Economy of Cayman Islands vs France compared: GDP & Debt

Updated on by Georank

The Cayman Islands has a GDP of $7.77B compared to $3.37T for France, ranking 158/197 and 7/197 by economy size, respectively.

Cayman Islands vs France GDP by year

Cayman Islands
France
1x
Year GDP, current $
Cayman Islands France
2025 - $3,366,315,927,447
2024 $7,765,336,505 $3,160,442,622,465
2023 $7,308,564,549 $3,056,250,648,138
2022 $6,653,516,041 $2,794,788,137,067
2021 $6,060,813,808 $2,966,433,692,008
2020 $5,655,357,984 $2,647,926,055,110
2019 $5,941,896,608 $2,722,793,515,172
2018 $5,530,178,441 $2,781,576,320,884
2017 $5,166,281,305 $2,588,868,323,335
2016 $4,909,322,237 $2,470,407,619,777
2015 $4,708,167,233 $2,442,483,452,643
2014 $4,562,853,611 $2,861,236,112,552
2013 $4,405,796,023 $2,816,077,607,875
2012 $4,291,004,524 $2,683,007,095,787
2011 $4,186,073,104 $2,870,408,553,990
2010 $4,156,841,107 $2,646,230,027,988
2009 $4,281,714,567 $2,700,075,882,519
2008 $4,585,949,024 $2,926,802,941,586
2007 $4,466,278,065 $2,655,816,911,867
2006 $4,200,288,241 $2,317,861,544,691
2005 - $2,192,146,403,028
2004 - $2,109,792,297,237
2003 - $1,835,095,983,049
2002 - $1,492,427,756,382
2001 - $1,370,376,677,299
2000 - $1,360,959,069,477
1999 - $1,486,915,879,702
1998 - $1,496,906,382,032
1997 - $1,449,392,222,971
1996 - $1,598,889,216,566
1995 - $1,595,219,345,512
1994 - $1,385,822,778,828
1993 - $1,314,383,368,080
1992 - $1,389,663,073,110
1991 - $1,258,961,748,634
1990 - $1,257,649,439,827
1989 - $1,016,742,237,302
1988 - $1,010,827,662,152
1987 - $926,320,855,615
1986 - $764,946,585,851
1985 - $547,220,981,165
1984 - $525,033,325,828
1983 - $553,356,312,936
1982 - $578,152,310,610
1981 - $609,184,791,792
1980 - $694,529,183,483
1979 - $608,218,624,730
1978 - $501,724,418,605
1977 - $406,401,711,688
1976 - $368,363,152,144
1975 - $357,324,307,786
1974 - $282,739,225,314
1973 - $261,970,536,240
1972 - $201,738,881,664
1971 - $164,694,210,962
1970 - $147,312,861,698
1969 - $140,660,914,841
1968 - $128,710,572,572
1967 - $118,088,635,381
1966 - $109,306,730,313
1965 - $100,927,668,584
1964 - $93,424,179,943
1963 - $84,227,606,650
1962 - $75,196,980,365
1961 - $67,158,050,215
1960 - $61,959,085,885

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Cayman Islands vs France by year

Cayman Islands
GDP per capita

GDP per capita, PPP
France
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cayman Islands France
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $48,986 -
2024 $104,293 - $46,103 $62,557
2023 $100,065 $88,428 $44,700 $60,839
2022 $92,938 $82,296 $40,989 $57,043
2021 $86,450 $74,160 $43,725 $52,517
2020 $82,339 $66,119 $39,170 $49,482
2019 $88,254 $72,697 $40,408 $51,130
2018 $83,866 $71,812 $41,418 $46,381
2017 $80,054 $68,018 $38,687 $44,469
2016 $77,802 $65,680 $37,024 $42,880
2015 $76,379 $64,009 $36,702 $40,905
2014 $75,845 $63,561 $43,148 $40,218
2013 $75,114 $63,648 $42,669 $39,583
2012 $75,102 $64,727 $40,864 $37,671
2011 $75,281 $66,629 $43,930 $37,510
2010 $76,838 $66,325 $40,695 $35,908
2009 $81,374 $69,254 $41,728 $34,685
2008 $89,655 $76,297 $45,465 $35,053
2007 $89,888 $77,337 $41,486 $34,066
2006 $87,085 $75,191 $36,432 $32,424
2005 - - $34,696 $30,431
2004 - - $33,645 $28,921
2003 - - $29,480 $28,024
2002 - - $24,145 $28,350
2001 - - $22,332 $27,347
2000 - - $22,341 $26,007
1999 - - $24,576 $24,204
1998 - - $24,869 $23,263
1997 - - $24,169 $22,190
1996 - - $26,758 $21,268
1995 - - $26,792 $20,701
1994 - - $23,360 $19,892
1993 - - $22,239 $19,094
1992 - - $23,615 $18,801
1991 - - $21,501 $18,198
1990 - - $21,586 $17,475
1989 - - $17,547 -
1988 - - $17,550 -
1987 - - $16,176 -
1986 - - $13,430 -
1985 - - $9,657 -
1984 - - $9,312 -
1983 - - $9,862 -
1982 - - $10,360 -
1981 - - $10,956 -
1980 - - $12,565 -
1979 - - $11,063 -
1978 - - $9,167 -
1977 - - $7,459 -
1976 - - $6,792 -
1975 - - $6,617 -
1974 - - $5,261 -
1973 - - $4,907 -
1972 - - $3,809 -
1971 - - $3,137 -
1970 - - $2,833 -
1969 - - $2,729 -
1968 - - $2,518 -
1967 - - $2,328 -
1966 - - $2,173 -
1965 - - $2,024 -
1964 - - $1,891 -
1963 - - $1,723 -
1962 - - $1,554 -
1961 - - $1,402 -
1960 - - $1,307 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

The Cayman Islands' GDP per capita is $104,293, ranking 6/197, compared to $48,986 in France, ranking 27/197. Adjusted for purchasing power (GDP per capita PPP), the Cayman Islands ranks 10th at $88,428, while France ranks 30th at $62,557.

Economic indicators

Cayman Islands France
Gross domestic product
$7.77B
2024
$3.37T
2025
GDP rank
158/197
2024
7/197
2025
GDP growth
3.76%
2023-2024
0.84%
2024-2025
GDP per capita
$104,293
2024
$48,986
2025
GDP per capita rank
6/197
2024
27/197
2025
GDP per capita, PPP
$88,428
2023
$62,557
2024
GDP per capita PPP rank
10/197
2023
30/197
2024
Government debt n/a
$3.9T
2025
Debt-to-GDP ratio n/a
116%
2025
Government debt per person n/a
$56,819
2025
Government debt per person rank n/a
8/185
2025
Average annual personal income after taxes
$94,558
2026
$35,062
2026
Market capitalization of domestic companies
$644M
2020
$2.37T
2018
Number of millionaires n/a
2,388,000
2026
Number of billionaires n/a
51
2026
Income share by richest 10% n/a
25%
2023
Income share by poorest 10% n/a
3%
2023
Government expenditure, % of GDP
14%
2026
57.5%
2025
Consumer prices inflation
-0.63%
2015-2016
0.94%
2024-2025
Unemployment rate
4.2%
2015
7.7%
2025
Population
77917
68871753

Inflation comparison by year

Inflation
Cayman Islands

France
1x
Year Consumer prices inflation
Cayman Islands France
2025 - 0.94%
2024 - 2%
2023 - 4.88%
2022 - 5.22%
2021 - 1.64%
2020 - 0.48%
2019 - 1.11%
2018 - 1.85%
2017 - 1.03%
2016 -0.63% 0.18%
2015 -2.35% 0.04%
2014 1.27% 0.51%
2013 2.16% 0.86%
2012 1.19% 1.95%
2011 1.33% 2.11%
2010 0.28% 1.53%
2009 - 0.09%
2008 - 2.81%
2007 - 1.49%
2006 - 1.68%
2005 - 1.75%
2004 - 2.14%
2003 - 2.1%
2002 - 1.92%
2001 - 1.63%
2000 - 1.68%
1999 - 0.54%
1998 - 0.65%
1997 - 1.2%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 7 years, the Cayman Islands has recorded an average annual inflation rate of 0.46%, compared with 1.03% in France. In 2016, inflation was -0.63% in the Cayman Islands and 0.94% in France.

Top exports between countries

Cayman Islands
Export category Export value
France
Export category Export value
Machinery & equipment $74.1M
Processed food, beverages & tobacco $4.28M
Raw agricultural goods $2.28M
Textiles & consumer goods $902K
Chemicals & pharma $714K
Precious metals & jewellery $354K
Metals $173K
Raw materials & minerals $107K
Wood & paper products $74K
Miscellaneous $18K

Balance of trade

Cayman Islands France
Current account balance
-$686M
2024
-$9.24B
2025
Current account balance ranking
107/190
2024
173/190
2025
Current account balance, % of GDP
-8.84%
2024
-0.27%
2025
Goods imports
$1.78B
2024
$770B
2025
Goods exports
$269M
2024
$704B
2025
Service imports
$2B
2024
$370B
2025
Service exports
$4.77B
2024
$429B
2025
Imports of goods and services, % of GDP
45.8%
2020
33.8%
2025
Exports of goods and services, % of GDP
59.6%
2020
33.4%
2025

Economic freedom indices

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

Cayman Islands France
Economic freedom 74 64.6
Economic freedom ranking 22/197 72/197
Property rights n/a 91.2
Government integrity n/a 73.4
Judicial effectiveness n/a 84.7
Tax burden n/a 54.6
Government spending n/a 0.9
Fiscal health n/a 34.8
Business freedom n/a 78.4
Labor freedom n/a 59.1
Monetary freedom n/a 73.2
Trade freedom n/a 79.4
Investment freedom n/a 75
Financial freedom n/a 70

Other economic metrics

Cayman Islands France
Services, % of GDP
86.5%
2024
70.9%
2025
Industry, % of GDP
7.64%
2024
16.8%
2025
Agriculture, forestry, and fishing, % of GDP
0.45%
2024
1.4%
2025
GNI, Atlas method
$6.1B
2024
$3.34T
2025
GNI per capita, PPP
$74,470
2024
$65,110
2025
Total reserves including gold
$252M
2024
$428B
2025
Total reserves ranking
169/177
2024
12/177
2025
Net foreign direct investment
-$4.92B
2024
$7.24B
2025
Net inflows of foreign direct investment
$3.18B
2024
$52.1B
2024
Net outflows of foreign direct investment
-$1.74B
2024
$41.7B
2024
Poverty at national poverty lines n/a
15.6%
2021
Gross capital formation, % of GDP n/a
21.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2026, retrieved 2026-07-08)
  2. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  4. TradeMap (2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Fiscal Monitor (2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.

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.