Cayman Islands - Inflation, consumer prices (annual %) 2010 - 2016
Cayman Islands's inflation, consumer prices (annual %) is currently -0.63%, according to the most recent World Bank data for the country (2016).
Definition
The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.- Cayman Islands's inflation, consumer prices (annual %) for 2016 was -0.625%, a 73.37% increase from 2015, with a +1 difference.
- In 2015 it was -2.348%, a -284.27% increase from 2014, with a -4 difference.
- In 2014 it was 1.274%, a -41.04% increase from 2013.
- In 2013 it was 2.161%, a 81.72% increase from 2012.
- In 2012 it was 1.189%, a -10.30% increase from 2011.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Cayman Islands is currently 0.4646% (average of years with recorded data) with a lowest recorded value of -2.3475% in 2015 and a highest value of 2.1606% in 2013.
Cayman Islands's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 2010 | 0.276% | |
| 2011 | 1.325% | 379.99% |
| 2012 | 1.189% | -10.30% |
| 2013 | 2.161% | 81.72% |
| 2014 | 1.274% | -41.04% |
| 2015 | -2.348% | -284.27% |
| 2016 | -0.625% | 73.37% |
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Comparison with Countries in the Latin America & Caribbean Region.
Among countries in the same World Bank Latin America & Caribbean (LAC) region, Cayman Islands comes in 34th with -0.625% inflation, consumer prices (annual %).
- Within the same region, Barbados comes in 24th with 4.1%, inflation, consumer prices (annual %).
- Ecuador comes in 25th with 3.466%.
- Belize comes in 26th with 3.236%.
- Panama comes in 27th with 2.857%.
- St. Kitts and Nevis comes in 28th with 2.667%.
- Curacao comes in 29th with 2.622%.
- Sint Maarten (Dutch part) comes in 30th with 2.192%.
- Trinidad and Tobago comes in 31st with 2.059%.
- Bolivia comes in 32nd with 1.746%.
- Grenada comes in 33rd with 1.22%.
- And Dominica comes in 35th with -0.727%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 10 Countries in the Latin America & Caribbean Region.
Top 10 Countries in the Latin America & Caribbean Region.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Venezuela, RB | 254.95% | 2016 |
| 2 | Suriname | 52.45% | 2022 |
| 3 | Haiti | 33.98% | 2022 |
| 4 | Chile | 11.64% | 2022 |
| 5 | Nicaragua | 10.47% | 2022 |
| 6 | Jamaica | 10.35% | 2022 |
| 7 | Colombia | 10.18% | 2022 |
| 8 | Paraguay | 9.77% | 2022 |
| 9 | Brazil | 9.28% | 2022 |
| 10 | Uruguay | 9.10% | 2022 |
Comparison with Countries in the High income Group.
Among countries in the same World Bank High income (HI) group, Cayman Islands comes in 64th with -0.625% inflation, consumer prices (annual %).
- Within the same income group, Curacao comes in 54th with 2.622%, inflation, consumer prices (annual %).
- Japan comes in 55th with 2.498%.
- Saudi Arabia comes in 56th with 2.474%.
- Sint Maarten (Dutch part) comes in 57th with 2.192%.
- Trinidad and Tobago comes in 58th with 2.059%.
- Hong Kong SAR, China comes in 59th with 1.881%.
- San Marino comes in 60th with 1.046%.
- Macao SAR, China comes in 61st with 1.045%.
- New Caledonia comes in 62nd with 0.578%.
- And Nauru comes in 63rd with -0.125%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 14 Countries in the High income Group.
Top 14 Countries in the High income Group.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Lithuania | 19.705% | 2022 |
| 2 | Estonia | 19.398% | 2022 |
| 3 | Latvia | 17.310% | 2022 |
| 4 | Czechia | 15.100% | 2022 |
| 5 | Hungary | 14.608% | 2022 |
| 6 | Poland | 14.430% | 2022 |
| 7 | Romania | 13.796% | 2022 |
| 8 | Slovak Republic | 12.774% | 2022 |
| 9 | Chile | 11.644% | 2022 |
| 10 | Croatia | 10.781% | 2022 |
| 11 | Netherlands | 10.001% | 2022 |
| 12 | Greece | 9.645% | 2022 |
| 13 | Belgium | 9.598% | 2022 |
| 14 | Uruguay | 9.104% | 2022 |