GDP (constant LCU) (Country official) in Turks and Caicos Islands
Turks and Caicos Islands: GDP (constant LCU) (Country official) was 1.62 billion constant LCU in 2024. ▲ Rising
GDP in Turks and Caicos Islands, 2007–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gdp in Turks and Caicos Islands is 1.62 billion constant LCU, measured in 2024. That is the highest value across all 18 years on record.
Compared with earlier readings it is up 5.6% on the previous year and up 174.7% over ten years.
Over the whole period, gdp in Turks and Caicos Islands peaked at 1.62 billion constant LCU in 2024 and was at its lowest, 522.78 million constant LCU, in 2009.
That places Turks and Caicos Islands 204th out of 215 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
GDP (constant LCU) (Country official) in Turks and Caicos Islands, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2007 | 600.18 million constant LCU | — |
| 2008 | 649.82 million constant LCU | +8.3% |
| 2009 | 522.78 million constant LCU | -19.6% |
| 2010 | 527.93 million constant LCU | +1.0% |
| 2011 | 552.32 million constant LCU | +4.6% |
| 2012 | 537.60 million constant LCU | -2.7% |
| 2013 | 543.35 million constant LCU | +1.1% |
| 2014 | 590.68 million constant LCU | +8.7% |
| 2015 | 657.52 million constant LCU | +11.3% |
| 2016 | 705.20 million constant LCU | +7.3% |
| 2017 | 1.23 billion constant LCU | +74.6% |
| 2018 | 1.31 billion constant LCU | +6.8% |
| 2019 | 1.38 billion constant LCU | +5.0% |
| 2020 | 913.20 million constant LCU | -33.8% |
| 2021 | 1.18 billion constant LCU | +29.6% |
| 2022 | 1.35 billion constant LCU | +14.1% |
| 2023 | 1.54 billion constant LCU | +13.7% |
| 2024 | 1.62 billion constant LCU | +5.6% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's 1.62 billion constant LCU is below the median for high income countries, which is 153.70 billion constant LCU, 1% of the median. (83 countries reporting)
- Turks and Caicos Islands's 1.62 billion constant LCU is below the median for Latin America & Caribbean, which is 84.75 billion constant LCU, 2% of the median. (41 countries reporting)
Biggest year-on-year movements
Years where GDP (constant LCU) (Country official) in Turks and Caicos Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +74.6% | 705.20 million constant LCU | 1.23 billion constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 590.93 million constant LCU | 522.78 million constant LCU | 649.82 million constant LCU | 3 |
| 2010s | 803.99 million constant LCU | 527.93 million constant LCU | 1.38 billion constant LCU | 10 |
| 2020s | 1.32 billion constant LCU | 913.20 million constant LCU | 1.62 billion constant LCU | 5 |
Countries ranked near Turks and Caicos Islands
- 201 Saint Kitts and Nevis 2.37 billion constant LCU compare
- 202 Dominica 1.88 billion constant LCU compare
- 203 East Timor 1.72 billion constant LCU compare
- 205 San Marino 1.42 billion constant LCU compare
- 206 Tonga 1.08 billion constant LCU compare
- 207 Northern Mariana Islands 813.00 million constant LCU compare
More economy & growth data for Turks and Caicos Islands
- Industry (including construction), value added (constant LCU), annual 9.05 % 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)
- Industry (including construction), value added (constant 2015 US$) 6,332 constant 2015 US$ per person (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)
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.0913 constant LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), per unit of GDP 1.52 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gdp in Turks and Caicos Islands?
- Gdp in Turks and Caicos Islands was 1.62 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Turks and Caicos Islands?
- The highest recorded value was 1.62 billion constant LCU in 2024.
- What is the lowest gdp recorded in Turks and Caicos Islands?
- The lowest recorded value was 522.78 million constant LCU in 2009.
- How does Turks and Caicos Islands rank for gdp?
- Turks and Caicos Islands ranks 204th out of 215 countries with data for 2024.
- Is gdp rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 174.7%. The long-run trend across the full record is rising.
- Where does this Turks and Caicos Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.