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The Cayman Islands vs Israel: Economic Indicators Comparison

Israel with a GDP of $370.6B ranked the 34th largest economy in the world, while the Cayman Islands ranked 158th with $5.1B. By GDP per capita, Israel and the Cayman Islands ranked 26th vs 6th, respectively.

Gross Domestic Product & Income

StatCayman IslandsIsrael
GDP$5.1B$370.6B
GDP growth, 1 year3.04%3.3%
GDP growth, 5-years averageN/A3.4%
Population58k8.9M
GDP per capita$81k$42k
GDP per capita growth1.72%1.47%
Purchasing Power Parity conversion factor0.933.75
Price level ratio of PPP conversion factor GDP to market exchange rate1.121.04
GDP per capita, PPP adjusted$73k$38k
GNI, Atlas method$3B$363.6B
GNI per capita$47k$41k
GNI, PPP adjusted$2.8B$354.8B
GNI per capita, PPP adjusted$44k$40k

Financial system and Human development

StatCayman IslandsIsrael
Income Tax RateN/A48%
Corporate Tax RateN/A23%
Inflation, consumer prices-0.6%0.8%
Inflation, GDP deflator1.9%1.2%
Unemployment4.2%4%
Economic Freedom Index7474
Personal Freedom Index8.17.64
Human Freedom Index8.17.41
Property Rights IndexN/A82.3
Judical Effectiveness IndexN/A71.8
Business Freedom IndexN/A72.2
Fiscal Health IndexN/A89.2
Labor Freedom IndexN/A64.4
Investment Freedom IndexN/A75
Financial Freedom IndexN/A70
Trade Freedom IndexN/A86.2
Monetary Freedom IndexN/A84.9
Government Spending IndexN/A53.5
Tax Burden IndexN/A61
Government Integrity IndexN/A77.2
Corruption Perceptions Index7661
Life expectancy at birth, years82.282.6
Suicide mortality rate, per 100,000 people0.55.4
Mortality caused by road traffic injury, per 100,000 people144.2
Intentional homicides, per 100,000 people8.51.4
International tourism, number of arrivals463k4.1M

Government debt & reserves

StatCayman IslandsIsrael
Central government debt, % of GDPN/A59.6%
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/A15.6%
Gross savings, % of GDPN/A24.4%
Gross capital formation, % of GDPN/A21.8%
Total reserves including gold$162.1M$115.3B
Foreign direct investment net inflows$57.4B$20.8B

Exports, imports and economic structure

StatCayman IslandsIsrael
Exports of goods and services, % of GDPN/A29.4%
Imports of goods and services, % of GDPN/A29%
Current account balance (balance of payments)-$997.9M$9.3B
Revenue excluding grants, % of GDPN/A31.8%
Grants excluding technical cooperation, BoP$0$533.6M
Personal remittances received$15.6M$939.6M
Industry including construction value added, % of GDP7.2%19.4%
Agriculture, forestry and fishing value added, % of GDP0.4%1.1%
Charges for the use of intellectual property, payments BoP$68M$1.4B
Charges for the use of intellectual property, receipts BoP$9.3M$1.3B
Expense, % of GDPN/A37%
Government Expenditure, % of GDPN/A39.4%

Compare with countries close by GDP per capita

Cayman Islands vs

CountryGDP
per capita
Population
Monaco
$186k
37.8k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k

Israel vs

CountryGDP
per capita
Population
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Netherlands
$53k
17.2M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k
South Korea
$31k
51.1M
Spain
$30k
46.5M
Malta
$30k
423k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.33M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M