Current account balance as a share of GDP in Turks and Caicos Islands
Turks and Caicos Islands: Current account balance as a share of GDP was 13.1% in 2018. ▼ Falling
Latest (2018)
13.1%
Change on year
up 350.0%
World rank
15th
of 193 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 share of GDP in Turks and Caicos Islands, 2014–2018
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for current account balance as a share of gdp in Turks and Caicos Islands is 13.1%, measured in 2018.
That represents a change of up 350.0% on the previous year and up 16.6% over five years.
Turks and Caicos Islands ranks 15th of 193 countries on this measure, in the top 10%.
Current account balance as a share of GDP in Turks and Caicos Islands, year by year
| Year | % | Change |
|---|---|---|
| 2014 | 11.3% | — |
| 2015 | 14.2% | +26.4% |
| 2016 | 20.6% | +44.3% |
| 2017 | 2.9% | -85.8% |
| 2018 | 13.1% | +350.0% |
Countries ranked near Turks and Caicos Islands
More economy & growth data for Turks and Caicos Islands
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8232 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 5.54 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 50,305 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.34 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.54 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 30,877 current LCU per person (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8232 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.09 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 30,877 current US$ per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 5.11 % change on previous year (2024)
Frequently asked questions
- What is current account balance as a share of gdp in Turks and Caicos Islands?
- Current account balance as a share of gdp in Turks and Caicos Islands was 13.1% in 2018, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share 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 share 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 share of gdp?
- Turks and Caicos Islands ranks 15th out of 193 countries with data for 2018.
- Where does this Turks and Caicos Islands data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).