The Cayman Islands vs the Gambia: Economic Indicators Comparison
The Cayman Islands with a GDP of $5.1B ranked the 158th largest economy in the world, while the Gambia ranked 178th with $1.6B. By GDP per capita, the Cayman Islands and the Gambia ranked 6th vs 183rd, respectively.
Gross Domestic Product & Income
| Stat |  Cayman Islands |  Gambia |
|---|---|---|
| GDP | $5.1B | $1.6B |
| GDP growth, 1 year | 3.04% | 6.6% |
| GDP growth, 5-years average | N/A | 3.3% |
| Population | 58k | 2.1M |
| GDP per capita | $81k | $716 |
| GDP per capita growth | 1.72% | 3.45% |
| Purchasing Power Parity conversion factor | 0.93 | 13.2 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 1.12 | 0.27 |
| GDP per capita, PPP adjusted | $73k | $2.8k |
| GNI, Atlas method | $3B | $1.6B |
| GNI per capita | $47k | $710 |
| GNI, PPP adjusted | $2.8B | $5.8B |
| GNI per capita, PPP adjusted | $44k | $2.6k |
Financial system and Human development
| Stat | Cayman Islands | Gambia |
|---|---|---|
| Income Tax Rate | N/A | 35% |
| Corporate Tax Rate | N/A | 32% |
| Inflation, consumer prices | -0.6% | 6.5% |
| Inflation, GDP deflator | 1.9% | 5.2% |
| Unemployment | 4.2% | 8.9% |
| Economic Freedom Index | 74 | 56.3 |
| Personal Freedom Index | 8.1 | 5.86 |
| Human Freedom Index | 8.1 | 6.52 |
| Property Rights Index | N/A | 43.9 |
| Judical Effectiveness Index | N/A | 43.4 |
| Business Freedom Index | N/A | 53.5 |
| Fiscal Health Index | N/A | 25.3 |
| Labor Freedom Index | N/A | 67.4 |
| Investment Freedom Index | N/A | 65 |
| Financial Freedom Index | N/A | 50 |
| Trade Freedom Index | N/A | 64.6 |
| Monetary Freedom Index | N/A | 63.3 |
| Government Spending Index | N/A | 85.6 |
| Tax Burden Index | N/A | 74.6 |
| Government Integrity Index | N/A | 39.2 |
| Corruption Perceptions Index | 76 | 37 |
| Life expectancy at birth, years | 82.2 | 61.4 |
| Suicide mortality rate, per 100,000 people | 0.5 | 5.1 |
| Mortality caused by road traffic injury, per 100,000 people | 14 | 29.7 |
| Intentional homicides, per 100,000 people | 8.5 | 9.1 |
| International tourism, number of arrivals | 463k | 552k |
Government debt & reserves
| Stat | Cayman Islands | Gambia |
|---|---|---|
| Central government debt, % of GDP | N/A | 83.2% |
| External debt stocks, % of GNI | N/A | 42.7% |
| External debt stocks | N/A | $681.4M |
| Short-term debt, % of total reserves | N/A | 9.4% |
| Total debt service, % of exports and primary income | N/A | 16.8% |
| Adjusted net savings including particulate emission damage, % of GNI | N/A | -12.7% |
| Gross savings, % of GDP | N/A | 8.6% |
| Gross capital formation, % of GDP | N/A | 17% |
| Total reserves including gold | $162.1M | $191.8M |
| Foreign direct investment net inflows | $57.4B | $33M |
Exports, imports and economic structure
| Stat | Cayman Islands | Gambia |
|---|---|---|
| Exports of goods and services, % of GDP | N/A | 21.9% |
| Imports of goods and services, % of GDP | N/A | 41.5% |
| Current account balance (balance of payments) | -$997.9M | -$78.6M |
| Revenue excluding grants, % of GDP | N/A | 10.1% |
| Grants excluding technical cooperation, BoP | $0 | $126M |
| Personal remittances received | $15.6M | $203.6M |
| Industry including construction value added, % of GDP | 7.2% | 15.6% |
| Agriculture, forestry and fishing value added, % of GDP | 0.4% | 19.9% |
| Charges for the use of intellectual property, payments BoP | $68M | N/A |
| Charges for the use of intellectual property, receipts BoP | $9.3M | N/A |
| Expense, % of GDP | N/A | 10.7% |
| Government Expenditure, % of GDP | N/A | 21.9% |
