Annual GDP growth in Turks and Caicos Islands
Turks and Caicos Islands: Annual GDP growth was 5.6% in 2024. ◆ Volatile
Annual GDP growth in Turks and Caicos Islands, 2008–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual gdp growth in Turks and Caicos Islands is 5.6%, measured in 2024.
That represents a change of down 58.9% on the previous year and down 35.2% over ten years.
Over the whole period, annual gdp growth in Turks and Caicos Islands peaked at 74.6% in 2017 and was at its lowest, -33.8%, in 2020.
That places Turks and Caicos Islands 32nd out of 212 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Turks and Caicos Islands, year by year
| Year | % | Change |
|---|---|---|
| 2008 | 8.3% | — |
| 2009 | -19.6% | -336.4% |
| 2010 | 1.0% | -105.0% |
| 2011 | 4.6% | +371.4% |
| 2012 | -2.7% | -157.8% |
| 2013 | 1.1% | -140.1% |
| 2014 | 8.7% | +714.0% |
| 2015 | 11.3% | +29.9% |
| 2016 | 7.2% | -35.9% |
| 2017 | 74.6% | +928.8% |
| 2018 | 6.8% | -91.0% |
| 2019 | 5.0% | -26.2% |
| 2020 | -33.8% | -779.1% |
| 2021 | 29.6% | -187.6% |
| 2022 | 14.1% | -52.4% |
| 2023 | 13.7% | -2.6% |
| 2024 | 5.6% | -58.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.6% | -19.6% | 8.3% | 2 |
| 2010s | 11.8% | -2.7% | 74.6% | 10 |
| 2020s | 5.9% | -33.8% | 29.6% | 5 |
Countries ranked near Turks and Caicos Islands
More economy & growth data for Turks and Caicos Islands
- Gdp worldbank constant usd, per unit of GDP 1.52 units per US$ of GDP (2024)
- GNI (current US$), per unit of GDP 0.9865 current US$ per US$ of GDP (2024)
- GNI (current US$), annual growth rate 4.9 % change on previous year (2024)
- GNI, Atlas method (current US$), per capita 36,764 current US$ per person (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9802 current US$ per US$ of GDP (2024)
- Gdp worldbank constant usd, annual growth rate 5.64 % change on previous year (2024)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- GDP (constant LCU), per unit of GDP 0.9296 constant LCU per US$ of GDP (2024)
- GDP (constant LCU), per capita 34,867 constant LCU per person (2024)
- GNI (current US$), per capita 37,002 current US$ per person (2024)
Frequently asked questions
- What is annual gdp growth in Turks and Caicos Islands?
- Annual gdp growth in Turks and Caicos Islands was 5.6% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual gdp growth recorded in Turks and Caicos Islands?
- The highest recorded value was 74.6% in 2017.
- What is the lowest annual gdp growth recorded in Turks and Caicos Islands?
- The lowest recorded value was -33.8% in 2020.
- How does Turks and Caicos Islands rank for annual gdp growth?
- Turks and Caicos Islands ranks 32nd out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Turks and Caicos Islands?
- Over the last ten years it is down 35.2%. The long-run trend across the full record is volatile.
- Where does this Turks and Caicos Islands data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Annual GDP growth (%).