Foreign direct investment, net inflows in Turks and Caicos Islands
Turks and Caicos Islands: Foreign direct investment, net inflows was 2.5% in 2024. ◆ Volatile
Foreign direct investment, net inflows in Turks and Caicos Islands, 2014–2024
Source: International Financial Statistics and Balance of Payments databases, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, foreign direct investment, net inflows in Turks and Caicos Islands stood at 2.5%.
Compared with earlier readings it is up 26.5% on the previous year and up 134.7% over ten years.
Over the whole period, foreign direct investment, net inflows in Turks and Caicos Islands peaked at 3.3% in 2020 and was at its lowest, -7.3%, in 2014.
Turks and Caicos Islands ranks 85th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment, net inflows in Turks and Caicos Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | -7.3% | — |
| 2015 | -6.5% | -10.8% |
| 2016 | 1.4% | -121.3% |
| 2017 | 1.8% | +33.5% |
| 2018 | 3.2% | +74.4% |
| 2019 | 2.0% | -38.8% |
| 2020 | 3.3% | +68.5% |
| 2021 | 2.3% | -29.9% |
| 2022 | 2.4% | +5.2% |
| 2023 | 2.0% | -18.3% |
| 2024 | 2.5% | +26.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -0.9% | -7.3% | 3.2% | 6 |
| 2020s | 2.5% | 2.0% | 3.3% | 5 |
Countries ranked near Turks and Caicos Islands
More economy & growth data for Turks and Caicos Islands
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.7953 constant LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2024)
- GDP (current LCU), per capita 37,507 current LCU per person (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- GDP (current LCU), annual growth rate 6.51 % change on previous year (2024)
- GDP (current US$), per capita 37,507 current US$ per person (2024)
- GDP (current US$), annual growth rate 6.51 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 29,831 constant LCU per person (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8232 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 30,877 current LCU per person (2024)
Frequently asked questions
- What is foreign direct investment, net inflows in Turks and Caicos Islands?
- Foreign direct investment, net inflows in Turks and Caicos Islands was 2.5% in 2024, according to International Financial Statistics and Balance of Payments databases, International Monetary Fund (IMF).
- What is the highest foreign direct investment, net inflows recorded in Turks and Caicos Islands?
- The highest recorded value was 3.3% in 2020.
- What is the lowest foreign direct investment, net inflows recorded in Turks and Caicos Islands?
- The lowest recorded value was -7.3% in 2014.
- How does Turks and Caicos Islands rank for foreign direct investment, net inflows?
- Turks and Caicos Islands ranks 85th out of 200 countries with data for 2024.
- Is foreign direct investment, net inflows rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 134.7%. The long-run trend across the full record is volatile.
- Where does this Turks and Caicos Islands data come from?
- The figures come from International Financial Statistics and Balance of Payments databases, International Monetary Fund (IMF), published as part of Foreign direct investment, net inflows (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Foreign direct investment is the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors, and is divided by GDP.