🇰🇾 Cayman Islands Manufacturing, value added

Cayman Islands Manufacturing, value added was $47.89M in 2023, down 2.0% from 2022, according to World Bank data. The 10-year average is $45.14M. Historical data available from 2006 to 2023 (18 data points). The all-time high was $50.38M in 2021.

Source: World Bank World Development Indicators • 2006202318 data pointsEconomy & Growth

Latest Value
$47.89M
2023
Year-on-Year
-2.0%
vs 2022
10-Year Average
$45.14M
20142023
Range
High: $50.38M (2021)
Low: $35.25M (2011)

Cayman Islands Manufacturing, value added (constant 2015 US$)2006 to 2023

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About this Indicator

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical tranformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Historical Data Table

YearValue
2023$47.89M
2022$48.86M
2021$50.38M
2020$45.64M
2019$48.94M
2018$46.61M
2017$43.34M
2016$42.29M
2015$39.13M
2014$38.34M

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