Foreign direct investment, net outflows in Turks and Caicos Islands
Turks and Caicos Islands: Foreign direct investment, net outflows was -3.9% in 2018. ◆ Volatile
Foreign direct investment, net outflows in Turks and Caicos Islands, 2014–2018
Source: Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D. Measured in % of GDP.
Analysis
In 2018, foreign direct investment, net outflows in Turks and Caicos Islands stood at -3.9%. That is the lowest value across all 5 years on record.
Compared with earlier readings it is down 292.9% on the previous year and down 1,465.1% over five years.
That places Turks and Caicos Islands 189th out of 191 countries with data for 2018, putting it in the bottom quarter.
Foreign direct investment, net outflows in Turks and Caicos Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | 0.3% | — |
| 2015 | -0.0% | -100.8% |
| 2016 | -0.1% | +5131.4% |
| 2017 | 2.0% | -1776.4% |
| 2018 | -3.9% | -292.9% |
Countries ranked near Turks and Caicos Islands
- 186 Seychelles -1.9% compare
- 187 Iceland -2.2% compare
- 188 Belgium -2.7% compare
- 190 Cayman Islands -22.4% compare
- 191 Hungary -24.7% compare
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 outflows in Turks and Caicos Islands?
- Foreign direct investment, net outflows in Turks and Caicos Islands was -3.9% in 2018, according to Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D.
- What is the highest foreign direct investment, net outflows recorded in Turks and Caicos Islands?
- The highest recorded value was 2.0% in 2017.
- What is the lowest foreign direct investment, net outflows recorded in Turks and Caicos Islands?
- The lowest recorded value was -3.9% in 2018.
- How does Turks and Caicos Islands rank for foreign direct investment, net outflows?
- Turks and Caicos Islands ranks 189th out of 191 countries with data for 2018.
- Where does this Turks and Caicos Islands data come from?
- The figures come from Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D, published as part of Foreign direct investment, net outflows (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Foreign direct investment refers to direct investment equity flows in an economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. This series shows net outflows of investment from the reporting economy to the rest of the world, and is divided by GDP.