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The Cayman Islands vs South Africa: Economic Indicators Comparison

South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while the Cayman Islands ranked 158th with $5.1B. By GDP per capita, South Africa and the Cayman Islands ranked 95th vs 6th, respectively.

Gross Domestic Product & Income

StatCayman IslandsSouth Africa
GDP$5.1B$368.3B
GDP growth, 1 year3.04%0.8%
GDP growth, 5-years averageN/A1.1%
Population58k57.7M
GDP per capita$81k$6.4k
GDP per capita growth1.72%-0.57%
Purchasing Power Parity conversion factor0.936.16
Price level ratio of PPP conversion factor GDP to market exchange rate1.120.47
GDP per capita, PPP adjusted$73k$14k
GNI, Atlas method$3B$332.3B
GNI per capita$47k$5.8k
GNI, PPP adjusted$2.8B$765.8B
GNI per capita, PPP adjusted$44k$13k

Financial system and Human development

StatCayman IslandsSouth Africa
Income Tax RateN/A45%
Corporate Tax RateN/A28%
Inflation, consumer prices-0.6%4.6%
Inflation, GDP deflator1.9%3.9%
Unemployment4.2%27%
Economic Freedom Index7458.8
Personal Freedom Index8.16.92
Human Freedom Index8.16.78
Property Rights IndexN/A58.4
Judical Effectiveness IndexN/A38
Business Freedom IndexN/A62
Fiscal Health IndexN/A64
Labor Freedom IndexN/A58.8
Investment Freedom IndexN/A45
Financial Freedom IndexN/A50
Trade Freedom IndexN/A75.8
Monetary Freedom IndexN/A75.9
Government Spending IndexN/A67.4
Tax Burden IndexN/A63.7
Government Integrity IndexN/A46.6
Corruption Perceptions Index7643
Life expectancy at birth, years82.263.5
Suicide mortality rate, per 100,000 people0.511.6
Mortality caused by road traffic injury, per 100,000 people1425.9
Intentional homicides, per 100,000 people8.535.9
International tourism, number of arrivals463k10.5M

Government debt & reserves

StatCayman IslandsSouth Africa
Central government debt, % of GDPN/A56.7%
External debt stocks, % of GNIN/A50.6%
External debt stocksN/A$179.3B
Short-term debt, % of total reservesN/A70.9%
Total debt service, % of exports and primary incomeN/A19.9%
Adjusted net savings including particulate emission damage, % of GNIN/A0.6%
Gross savings, % of GDPN/A14.9%
Gross capital formation, % of GDPN/A17.9%
Total reserves including gold$162.1M$51.6B
Foreign direct investment net inflows$57.4B$5.5B

Exports, imports and economic structure

StatCayman IslandsSouth Africa
Exports of goods and services, % of GDPN/A29.9%
Imports of goods and services, % of GDPN/A29.6%
Current account balance (balance of payments)-$997.9M-$13.4B
Revenue excluding grants, % of GDPN/A30.9%
Grants excluding technical cooperation, BoP$0$817.9M
Personal remittances received$15.6M$929M
Industry including construction value added, % of GDP7.2%25.9%
Agriculture, forestry and fishing value added, % of GDP0.4%2.2%
Charges for the use of intellectual property, payments BoP$68M$1.8B
Charges for the use of intellectual property, receipts BoP$9.3M$120.7M
Expense, % of GDPN/A34.4%
Government Expenditure, % of GDPN/A33%

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
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k

South Africa vs

CountryGDP
per capita
Population
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.3M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M