Skip to content

Economy of Cayman Islands vs Syria compared: GDP & Debt

Updated on by Georank

The Cayman Islands has a GDP of $7.77B compared to $20B for Syria, ranking 158/197 and 134/197 by economy size, respectively.

Cayman Islands vs Syria GDP by year

Cayman Islands
Syria
1x
Year GDP, current $
Cayman Islands Syria
2024 $7,765,336,505 -
2023 $7,308,564,549 $19,993,439,950
2022 $6,653,516,041 $23,737,634,644
2021 $6,060,813,808 $14,892,885,528
2020 $5,655,357,984 $12,501,503,673
2019 $5,941,896,608 $22,583,046,645
2018 $5,530,178,441 $21,497,779,248
2017 $5,166,281,305 $16,369,842,725
2016 $4,909,322,237 $12,597,854,088
2015 $4,708,167,233 $16,466,861,435
2014 $4,562,853,611 $21,502,061,466
2013 $4,405,796,023 $21,361,254,635
2012 $4,291,004,524 $43,190,318,033
2011 $4,186,073,104 $67,539,433,544
2010 $4,156,841,107 $61,390,833,273
2009 $4,281,714,567 $54,111,721,044
2008 $4,585,949,024 $52,557,913,397
2007 $4,466,278,065 $40,465,331,020
2006 $4,200,288,241 $33,751,812,959
2005 - $28,858,937,499
2004 - $25,086,910,448
2003 - $21,828,144,686
2002 - $20,786,986,580
2001 - $20,078,599,626
2000 - $18,937,031,610
1999 - $15,873,875,969
1998 - $15,200,846,154
1997 - $14,505,233,463
1996 - $13,789,560,878
1995 - $11,396,706,587
1994 - $10,122,020,000
1993 - $13,695,962,055
1992 - $13,253,565,861
1991 - $12,981,833,333
1990 - $12,308,624,418
1989 - $9,853,395,762
1988 - $10,577,041,645
1987 - $11,356,215,543
1986 - $13,293,205,278
1985 - $16,403,539,893
1984 - $17,503,078,174
1983 - $17,589,277,143
1982 - $16,298,929,011
1981 - $15,518,201,335
1980 - $13,062,420,382
1979 - $9,929,681,529
1978 - $9,275,200,458
1977 - $7,696,011,396
1976 - $7,633,528,867
1975 - $6,826,980,444
1974 - $5,159,557,148
1973 - $3,239,487,516
1972 - $3,059,681,698
1971 - $2,589,851,325
1970 - $2,140,384,010
1969 - $2,245,011,515
1968 - $1,753,746,430
1967 - $1,580,229,799
1966 - $1,342,287,553
1965 - $1,472,036,540
1964 - $1,339,494,267
1963 - $1,200,447,408
1962 - $1,110,565,881
1961 - $945,244,972
1960 - $857,704,413

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-07-08).

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

GDP per capita in Cayman Islands vs Syria by year

Cayman Islands
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Cayman Islands Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $104,293 - - -
2023 $100,065 $88,428 $847 $4,650
2022 $92,938 $82,296 $1,057 $4,772
2021 $86,450 $74,160 $689 $4,593
2020 $82,339 $66,119 $594 $3,738
2019 $88,254 $72,697 $1,110 $3,502
2018 $83,866 $71,812 $1,098 $3,456
2017 $80,054 $68,018 $852 $3,265
2016 $77,802 $65,680 $656 -
2015 $76,379 $64,009 $848 -
2014 $75,845 $63,561 $1,061 -
2013 $75,114 $63,648 $986 -
2012 $75,102 $64,727 $1,898 -
2011 $75,281 $66,629 $2,952 -
2010 $76,838 $66,325 $2,731 -
2009 $81,374 $69,254 $2,462 -
2008 $89,655 $76,297 $2,429 -
2007 $89,888 $77,337 $1,938 -
2006 $87,085 $75,191 $1,719 -
2005 - - $1,534 -
2004 - - $1,368 -
2003 - - $1,220 -
2002 - - $1,190 -
2001 - - $1,178 -
2000 - - $1,138 -
1999 - - $978 -
1998 - - $961 -
1997 - - $941 -
1996 - - $918 -
1995 - - $780 -
1994 - - $712 -
1993 - - $993 -
1992 - - $990 -
1991 - - $1,000 -
1990 - - $978 -
1989 - - $809 -
1988 - - $898 -
1987 - - $997 -
1986 - - $1,208 -
1985 - - $1,544 -
1984 - - $1,706 -
1983 - - $1,776 -
1982 - - $1,703 -
1981 - - $1,676 -
1980 - - $1,458 -
1979 - - $1,146 -
1978 - - $1,108 -
1977 - - $951 -
1976 - - $976 -
1975 - - $904 -
1974 - - $707 -
1973 - - $459 -
1972 - - $448 -
1971 - - $393 -
1970 - - $335 -
1969 - - $364 -
1968 - - $293.3 -
1967 - - $272.9 -
1966 - - $239.3 -
1965 - - $270.8 -
1964 - - $254.2 -
1963 - - $234.9 -
1962 - - $223.9 -
1961 - - $196.3 -
1960 - - $183.5 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-07-08).

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

The Cayman Islands' GDP per capita is $104,293, ranking 6/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), the Cayman Islands ranks 10th at $88,428, while Syria ranks 160th at $4,650.

Economic indicators

Cayman Islands Syria
Gross domestic product
$7.77B
2024
$20B
2023
GDP rank
158/197
2024
134/197
2023
GDP growth
3.76%
2023-2024
-1.85%
2022-2023
GDP per capita
$104,293
2024
$847
2023
GDP per capita rank
6/197
2024
185/197
2023
GDP per capita, PPP
$88,428
2023
$4,650
2023
GDP per capita PPP rank
10/197
2023
160/197
2023
Government debt n/a
$18.4B
2010
Debt-to-GDP ratio n/a
30%
2010
Government debt per person n/a
$820
2010
Government debt per person rank n/a
150/185
2010
Average annual personal income after taxes
$94,558
2026
$693
2026
Market capitalization of domestic companies
$644M
2020
n/a
Income share by richest 10% n/a
20.9%
2022
Income share by poorest 10% n/a
3.8%
2022
Government expenditure, % of GDP
14%
2026
28.6%
2010
Consumer prices inflation
-0.63%
2015-2016
13.4%
2018-2019
Unemployment rate
4.2%
2015
14.9%
2011
Population
77917
26956472

Inflation comparison by year

Inflation
Cayman Islands

Syria
1x
Year Consumer prices inflation
Cayman Islands Syria
2019 - 13.4%
2018 - 0.94%
2017 - 18.1%
2016 -0.63% 47.7%
2015 -2.35% 38.5%
2014 1.27% 10.9%
2013 2.16% 40%
2012 1.19% 36.7%
2011 1.33% 4.75%
2010 0.28% 4.4%
2009 - 2.92%
2008 - 15.7%
2007 - 3.91%
2006 - 10%
2005 - 7.24%
2004 - 4.43%
2003 - 5.8%
2002 - -0.13%
2001 - 3%
2000 - -3.85%
1999 - -3.7%
1998 - -0.8%
1997 - 1.89%

Data sources: World Bank | Economy & Growth (1997–2019, retrieved 2026-07-08).

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

Over the past 7 years, the Cayman Islands has recorded an average annual inflation rate of 0.46%, compared with 26.1% in Syria. In 2016, inflation was -0.63% in the Cayman Islands and 13.4% in Syria.

Balance of trade

Cayman Islands Syria
Current account balance
-$686M
2024
-$367M
2010
Current account balance ranking
107/190
2024
99/190
2010
Current account balance, % of GDP
-8.84%
2024
-0.6%
2010
Goods imports
$1.78B
2024
$15.9B
2010
Goods exports
$269M
2024
$12.3B
2010
Service imports
$2B
2024
$3.53B
2010
Service exports
$4.77B
2024
$7.33B
2010
Imports of goods and services, % of GDP
45.8%
2020
28.7%
2022
Exports of goods and services, % of GDP
59.6%
2020
6.78%
2022

Economic freedom indices

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

Cayman Islands Syria
Economic freedom 74 51.2
Economic freedom ranking 22/197 155/197
Property rights n/a 4
Government integrity n/a 3.6
Judicial effectiveness n/a 3.7
Tax burden n/a 87.3
Government spending n/a 78.5
Fiscal health n/a 13.8
Business freedom n/a 33.8
Labor freedom n/a 37.2
Monetary freedom n/a 80
Trade freedom n/a 47
Investment freedom n/a 0
Financial freedom n/a 20

Other economic metrics

Cayman Islands Syria
Services, % of GDP
86.5%
2024
44.7%
2022
Industry, % of GDP
7.64%
2024
11.9%
2022
Agriculture, forestry, and fishing, % of GDP
0.45%
2024
42.9%
2022
GNI, Atlas method
$6.1B
2024
$18.2B
2023
GNI per capita, PPP
$74,470
2024
$4,480
2023
Total reserves including gold
$252M
2024
$20.6B
2010
Total reserves ranking
169/177
2024
66/177
2010
Net foreign direct investment
-$4.92B
2024
-$1.47B
2010
Net inflows of foreign direct investment
$3.18B
2024
$0
2024
Net outflows of foreign direct investment
-$1.74B
2024
$0
2024
Servicing debt to the IMF, % of GNI n/a
0.15%
2023
Poverty at national poverty lines n/a
35.2%
2007
Gross capital formation, % of GDP n/a
16%
1969

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/syria | 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 (2012–2026, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Fiscal Monitor (2010, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. 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.