Low & middle income vs Turks and Caicos Islands: Services, value added
Services, value added over time
- Low & middle income
- Turks and Caicos Islands
How they compare
Turks and Caicos Islands currently reports 72.6% against 57.6% in Low & middle income, a difference of 15.0%.
That makes Turks and Caicos Islands's figure about 1.3 times Low & middle income's.
Across all 25 years both countries report, Turks and Caicos Islands has been ahead every year.
Low & middle income ranks 23rd and Turks and Caicos Islands ranks 25th of 47 groups.
Turks and Caicos Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Low & middle income | Turks and Caicos Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 50.2% | 76.6% | 26.4% | Turks and Caicos Islands |
| 2010s | 53.6% | 77.7% | 24.1% | Turks and Caicos Islands |
| 2020s | 56.0% | 73.6% | 17.6% | Turks and Caicos Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Low & middle income or Turks and Caicos Islands?
- Turks and Caicos Islands, at 72.6% against 57.6% in Low & middle income as of 2024.
- What is the difference in services, value added between Low & middle income and Turks and Caicos Islands?
- 15.0%, with Turks and Caicos Islands ahead.
- How many years of comparable data are there for Low & middle income and Turks and Caicos Islands?
- 25 years are reported by both, from 2000 to 2024.
- How do Low & middle income and Turks and Caicos Islands rank globally for services, value added?
- Low & middle income ranks 23rd and Turks and Caicos Islands ranks 25th of 47 groups.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.