Current account balance as a proportion of GDP (%) in Turks and Caicos Islands
Turks and Caicos Islands: Current account balance as a proportion of GDP (%) was 13.1% in 2018. ▼ Falling
Latest (2018)
13.1%
Change on year
up 349.6%
World rank
15th
of 205 countries
All-time high
20.6%
in 2016
All-time low
2.9%
in 2017
Years of data
5
2014–2018
Current account balance as a proportion of GDP in Turks and Caicos Islands, 2014–2018
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Turks and Caicos Islands recorded 13.1% for current account balance as a proportion of gdp in 2018.
The figure is up 349.6% on the previous year and up 16.5% over five years.
Turks and Caicos Islands ranks 15th of 205 countries on this measure, in the top 10%.
Current account balance as a proportion of GDP (%) in Turks and Caicos Islands, year by year
| Year | % | Change |
|---|---|---|
| 2014 | 11.3% | — |
| 2015 | 14.2% | +26.3% |
| 2016 | 20.6% | +44.3% |
| 2017 | 2.9% | -85.8% |
| 2018 | 13.1% | +349.6% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's 13.1% is above the median for high income countries, which is 1.6%, 8.3× the median. (69 countries reporting)
- Turks and Caicos Islands's 13.1% is above the median for Latin America & Caribbean, which is -1.6%. (35 countries reporting)
Countries ranked near Turks and Caicos Islands
More economy & growth data for Turks and Caicos Islands
- GDP (constant LCU), annual growth rate 5.64 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9802 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 0.1688 constant 2015 US$ per US$ of GDP (2024)
- GNI, Atlas method (current US$), annual growth rate 2.69 % change on previous year (2024)
- GDP (constant LCU), per capita 34,867 constant LCU per person (2024)
- GDP (constant LCU), per unit of GDP 0.9296 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 6,332 constant 2015 US$ per person (2024)
- GDP (current LCU), per capita 37,507 current LCU per person (2024)
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), annual 9.05 % change on previous year (2024)
Frequently asked questions
- What is current account balance as a proportion of gdp in Turks and Caicos Islands?
- Current account balance as a proportion of gdp in Turks and Caicos Islands was 13.1% in 2018, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Turks and Caicos Islands?
- The highest recorded value was 20.6% in 2016.
- What is the lowest current account balance as a proportion of gdp recorded in Turks and Caicos Islands?
- The lowest recorded value was 2.9% in 2017.
- How does Turks and Caicos Islands rank for current account balance as a proportion of gdp?
- Turks and Caicos Islands ranks 15th out of 205 countries with data for 2018.
- Where does this Turks and Caicos Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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