Skip to content

Economy of Cayman Islands vs Peru compared: GDP & Debt

Updated on by Georank

The Cayman Islands has a GDP of $7.77B compared to $335B for Peru, ranking 158/197 and 47/197 by economy size, respectively.

Cayman Islands vs Peru GDP by year

Cayman Islands
Peru
1x
Year GDP, current $
Cayman Islands Peru
2025 - $334,854,659,182
2024 $7,765,336,505 $291,751,523,019
2023 $7,308,564,549 $268,025,009,709
2022 $6,653,516,041 $246,169,867,863
2021 $6,060,813,808 $226,406,075,009
2020 $5,655,357,984 $201,409,694,756
2019 $5,941,896,608 $228,346,006,004
2018 $5,530,178,441 $222,597,009,739
2017 $5,166,281,305 $211,007,984,081
2016 $4,909,322,237 $191,898,104,390
2015 $4,708,167,233 $189,802,976,286
2014 $4,562,853,611 $200,786,250,583
2013 $4,405,796,023 $201,175,543,571
2012 $4,291,004,524 $192,650,021,649
2011 $4,186,073,104 $171,761,737,047
2010 $4,156,841,107 $147,527,631,521
2009 $4,281,714,567 $120,822,986,521
2008 $4,585,949,024 $120,550,599,815
2007 $4,466,278,065 $102,170,981,144
2006 $4,200,288,241 $88,643,193,062
2005 - $76,060,606,061
2004 - $66,768,703,498
2003 - $58,731,030,122
2002 - $54,777,553,515
2001 - $52,030,158,775
2000 - $51,744,749,133
1999 - $50,187,324,568
1998 - $55,501,467,877
1997 - $58,147,522,523
1996 - $55,252,414,130
1995 - $53,312,793,687
1994 - $44,882,079,767
1993 - $34,832,077,221
1992 - $35,966,302,303
1991 - $34,341,465,998
1990 - $26,410,386,963
1989 - $22,499,558,526
1988 - $15,439,408,447
1987 - $36,889,706,593
1986 - $21,859,448,586
1985 - $15,078,736,875
1984 - $17,600,400,385
1983 - $17,345,260,564
1982 - $21,794,535,621
1981 - $21,648,214,893
1980 - $18,136,838,538
1979 - $15,954,012,439
1978 - $12,491,876,743
1977 - $14,544,913,961
1976 - $16,131,958,851
1975 - $16,931,162,355
1974 - $13,858,441,211
1973 - $10,994,381,895
1972 - $9,189,413,409
1971 - $8,289,582,884
1970 - $7,432,223,177
1969 - $6,420,909,790
1968 - $5,736,083,835
1967 - $6,194,340,080
1966 - $6,109,048,737
1965 - $5,163,008,077
1964 - $4,353,664,867
1963 - $3,598,272,493
1962 - $3,284,322,201
1961 - $2,897,852,693
1960 - $2,571,986,572

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

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

GDP per capita in Cayman Islands vs Peru by year

Cayman Islands
GDP per capita

GDP per capita, PPP
Peru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cayman Islands Peru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 - - $9,684 -
2024 $104,293 - $8,526 $17,802
2023 $100,065 $88,428 $7,919 $17,011
2022 $92,938 $82,296 $7,354 $16,669
2021 $86,450 $74,160 $6,829 $15,281
2020 $82,339 $66,119 $6,133 $12,563
2019 $88,254 $72,697 $7,037 $13,564
2018 $83,866 $71,812 $6,978 $13,078
2017 $80,054 $68,018 $6,736 $12,592
2016 $77,802 $65,680 $6,217 $12,067
2015 $76,379 $64,009 $6,232 $11,600
2014 $75,845 $63,561 $6,667 $11,518
2013 $75,114 $63,648 $6,747 $11,291
2012 $75,102 $64,727 $6,519 $10,757
2011 $75,281 $66,629 $5,861 $10,463
2010 $76,838 $66,325 $5,072 $9,713
2009 $81,374 $69,254 $4,181 $8,917
2008 $89,655 $76,297 $4,198 $8,820
2007 $89,888 $77,337 $3,581 $7,982
2006 $87,085 $75,191 $3,130 $7,214
2005 - - $2,707 $6,560
2004 - - $2,397 $6,038
2003 - - $2,129 $5,657
2002 - - $2,007 $5,383
2001 - - $1,930 $5,086
2000 - - $1,945 $5,012
1999 - - $1,917 $4,847
1998 - - $2,156 $4,791
1997 - - $2,301 $4,844
1996 - - $2,227 $4,556
1995 - - $2,190 $4,435
1994 - - $1,879 $4,123
1993 - - $1,488 $3,666
1992 - - $1,567 $3,472
1991 - - $1,527 $3,484
1990 - - $1,200 $3,367
1989 - - $1,045 -
1988 - - $733 -
1987 - - $1,792 -
1986 - - $1,087 -
1985 - - $767 -
1984 - - $918 -
1983 - - $927 -
1982 - - $1,194 -
1981 - - $1,216 -
1980 - - $1,045 -
1979 - - $942 -
1978 - - $756 -
1977 - - $903 -
1976 - - $1,026 -
1975 - - $1,104 -
1974 - - $927 -
1973 - - $754 -
1972 - - $647 -
1971 - - $599 -
1970 - - $550 -
1969 - - $488 -
1968 - - $448 -
1967 - - $498 -
1966 - - $505 -
1965 - - $439 -
1964 - - $381 -
1963 - - $324 -
1962 - - $305 -
1961 - - $276.6 -
1960 - - $252.8 -

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

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

The Cayman Islands' GDP per capita is $104,293, ranking 6/197, compared to $9,684 in Peru, ranking 90/197. Adjusted for purchasing power (GDP per capita PPP), the Cayman Islands ranks 10th at $88,428, while Peru ranks 104th at $17,802.

Economic indicators

Cayman Islands Peru
Gross domestic product
$7.77B
2024
$335B
2025
GDP rank
158/197
2024
47/197
2025
GDP growth
3.76%
2023-2024
3.43%
2024-2025
GDP per capita
$104,293
2024
$9,684
2025
GDP per capita rank
6/197
2024
90/197
2025
GDP per capita, PPP
$88,428
2023
$17,802
2024
GDP per capita PPP rank
10/197
2023
104/197
2024
Government debt n/a
$101B
2025
Debt-to-GDP ratio n/a
30.2%
2025
Government debt per person n/a
$2,927
2025
Government debt per person rank n/a
107/185
2025
Average annual personal income after taxes
$94,558
2026
$7,143
2026
Market capitalization of domestic companies
$644M
2020
$105B
2025
Income share by richest 10% n/a
30.3%
2024
Income share by poorest 10% n/a
2%
2024
Government expenditure, % of GDP
14%
2026
21.4%
2025
Consumer prices inflation
-0.63%
2015-2016
1.53%
2024-2025
Central bank interest rate n/a
4.25%
2025
Unemployment rate
4.2%
2015
4.32%
2025
Population
77917
35105331

Inflation comparison by year

Inflation
Cayman Islands

Peru
1x
Year Consumer prices inflation
Cayman Islands Peru
2025 - 1.53%
2024 - 2.01%
2023 - 6.46%
2022 - 8.33%
2021 - 4.27%
2020 - 2%
2019 - 2.25%
2018 - 1.51%
2017 - 2.99%
2016 -0.63% 3.56%
2015 -2.35% 3.4%
2014 1.27% 3.41%
2013 2.16% 2.77%
2012 1.19% 3.61%
2011 1.33% 3.37%
2010 0.28% 1.53%
2009 - 2.94%
2008 - 5.79%
2007 - 1.78%
2006 - 2%
2005 - 1.62%
2004 - 3.66%
2003 - 2.26%
2002 - 0.19%
2001 - 1.98%
2000 - 3.76%
1999 - 3.47%
1998 - 7.25%
1997 - 8.56%

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

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

Over the past 7 years, the Cayman Islands has recorded an average annual inflation rate of 0.46%, compared with 3.09% in Peru. In 2016, inflation was -0.63% in the Cayman Islands and 1.53% in Peru.

Top exports between countries

Cayman Islands
Export category Export value
Peru
Export category Export value
Wood & paper products $69K
Textiles & consumer goods $56K
Weapons & explosives $49K
Animal & marine products $28K
Machinery & equipment $15K
Chemicals & pharma $13K
Processed food, beverages & tobacco $7K
Precious metals & jewellery $1K

Balance of trade

Cayman Islands Peru
Current account balance
-$686M
2024
$12B
2025
Current account balance ranking
107/190
2024
23/190
2025
Current account balance, % of GDP
-8.84%
2024
+3.58%
2025
Goods imports
$1.78B
2024
$58.6B
2025
Goods exports
$269M
2024
$94B
2025
Service imports
$2B
2024
$15.9B
2025
Service exports
$4.77B
2024
$7.64B
2025
Imports of goods and services, % of GDP
45.8%
2020
21.8%
2025
Exports of goods and services, % of GDP
59.6%
2020
30%
2025

Economic freedom indices

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

Cayman Islands Peru
Economic freedom 74 66.3
Economic freedom ranking 22/197 62/197
Property rights n/a 44
Government integrity n/a 35
Judicial effectiveness n/a 47.8
Tax burden n/a 79.4
Government spending n/a 84.8
Fiscal health n/a 87.4
Business freedom n/a 73.1
Labor freedom n/a 64.7
Monetary freedom n/a 77.6
Trade freedom n/a 81.6
Investment freedom n/a 60
Financial freedom n/a 60

Other economic metrics

Cayman Islands Peru
Services, % of GDP
86.5%
2024
50.9%
2024
Industry, % of GDP
7.64%
2024
34.3%
2024
Agriculture, forestry, and fishing, % of GDP
0.45%
2024
7.47%
2024
GNI, Atlas method
$6.1B
2024
$291B
2025
GNI per capita, PPP
$74,470
2024
$17,540
2025
Total reserves including gold
$252M
2024
$90.4B
2025
Total reserves ranking
169/177
2024
32/177
2025
Net foreign direct investment
-$4.92B
2024
-$8.93B
2025
Net inflows of foreign direct investment
$3.18B
2024
$6.7B
2024
Net outflows of foreign direct investment
-$1.74B
2024
$1.14B
2024
Servicing debt to the IMF, % of GNI n/a
5.54%
2024
Poverty at national poverty lines n/a
27.6%
2024
Gross capital formation, % of GDP n/a
20.3%
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/peru | 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 (1960–2026, 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 (2020–2025, 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.

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.