Government Debt to GDP in Cayman Islands decreased to 5.70 percent in 2019 from 9.10 percent in 2018. source: Cayman Islands - The Economics & Statistics Office

Government Debt to GDP in Cayman Islands averaged 13.67 percent from 2000 until 2019, reaching an all time high of 24.50 percent in 2011 and a record low of 5.70 percent in 2019. This page provides - Cayman Islands Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cayman Islands Government Debt to GDP - values, historical data and charts - was last updated on February of 2021.

Government Debt to GDP in Cayman Islands is expected to reach 14.20 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cayman Islands Government Debt to GDP is projected to trend around 14.50 percent in 2021 and 14.70 percent in 2022, according to our econometric models.

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Cayman Islands Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
5.70 9.10 24.50 5.70 2000 - 2019 percent Yearly

Cayman Islands Government Last Previous Highest Lowest Unit
Government Debt to GDP 5.70 9.10 24.50 5.70 percent [+]
Government Budget 2.50 3.40 5.00 -8.10 percent of GDP [+]
Credit Rating 85.00 [+]


Cayman Islands Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.