Turks and Caicos Islands vs Vanuatu: GDP, PPP
GDP, PPP over time
- Turks and Caicos Islands
- Vanuatu
How they compare
Turks and Caicos Islands currently reports 1.55 billion constant 2021 international $ against 1.30 billion constant 2021 international $ in Vanuatu, a difference of 257.73 million constant 2021 international $.
That makes Turks and Caicos Islands's figure about 1.2 times Vanuatu's.
The two have swapped places 3 times across 18 shared years of data; in 2007 it was Vanuatu ahead.
Turks and Caicos Islands ranks 189th and Vanuatu ranks 192nd of 200 countries.
Across the 3 decades both report, Turks and Caicos Islands averaged higher in 1 and Vanuatu in 2.
Head to head by decade
| Decade | Turks and Caicos Islands | Vanuatu | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 565.90 million constant 2021 international $ | 867.01 million constant 2021 international $ | 301.11 million constant 2021 international $ | Vanuatu |
| 2010s | 769.94 million constant 2021 international $ | 1.02 billion constant 2021 international $ | 250.29 million constant 2021 international $ | Vanuatu |
| 2020s | 1.27 billion constant 2021 international $ | 1.16 billion constant 2021 international $ | 105.84 million constant 2021 international $ | Turks and Caicos Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gdp, ppp, Turks and Caicos Islands or Vanuatu?
- Turks and Caicos Islands, at 1.55 billion constant 2021 international $ against 1.30 billion constant 2021 international $ in Vanuatu as of 2024.
- What is the difference in gdp, ppp between Turks and Caicos Islands and Vanuatu?
- 257.73 million constant 2021 international $, with Turks and Caicos Islands ahead.
- How many years of comparable data are there for Turks and Caicos Islands and Vanuatu?
- 18 years are reported by both, from 2007 to 2024.
- How do Turks and Caicos Islands and Vanuatu rank globally for gdp, ppp?
- Turks and Caicos Islands ranks 189th and Vanuatu ranks 192nd of 200 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as GDP, PPP (constant 2021 international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
This indicator provides values for gross domestic product (GDP) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.