GDP (current US$), annual growth rate in Turks and Caicos Islands
Turks and Caicos Islands: GDP (current US$), annual growth rate was 6.51 % change on previous year in 2024. ◆ Volatile
GDP (current US$), annual growth rate in Turks and Caicos Islands, 2002–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gdp (current us$), annual growth rate in Turks and Caicos Islands is 6.51 % change on previous year, measured in 2024.
The figure is down 54.3% on the previous year and down 39.7% over ten years.
Over the whole period, gdp (current us$), annual growth rate in Turks and Caicos Islands peaked at 34.63 % change on previous year in 2021 and was at its lowest, -33.05 % change on previous year, in 2020.
That places Turks and Caicos Islands 132nd out of 212 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$), annual growth rate in Turks and Caicos Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | 2.22 % change on previous year | — |
| 2003 | 11.74 % change on previous year | +428.8% |
| 2004 | 18.51 % change on previous year | +57.7% |
| 2005 | 19.16 % change on previous year | +3.5% |
| 2006 | 24.76 % change on previous year | +29.2% |
| 2007 | 7.15 % change on previous year | -71.1% |
| 2008 | 11.53 % change on previous year | +61.3% |
| 2009 | -18.49 % change on previous year | -260.3% |
| 2010 | -2.33 % change on previous year | -87.4% |
| 2011 | 22.74 % change on previous year | -1075.6% |
| 2012 | -1.2 % change on previous year | -105.3% |
| 2013 | 3.66 % change on previous year | -405.6% |
| 2014 | 10.8 % change on previous year | +195.2% |
| 2015 | 12.72 % change on previous year | +17.7% |
| 2016 | 11.48 % change on previous year | -9.7% |
| 2017 | -0.3427 % change on previous year | -103.0% |
| 2018 | 9.71 % change on previous year | -2934.2% |
| 2019 | 4.38 % change on previous year | -55.0% |
| 2020 | -33.05 % change on previous year | -855.4% |
| 2021 | 34.63 % change on previous year | -204.8% |
| 2022 | 15.99 % change on previous year | -53.8% |
| 2023 | 14.26 % change on previous year | -10.8% |
| 2024 | 6.51 % change on previous year | -54.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.57 % change on previous year | -18.49 % change on previous year | 24.76 % change on previous year | 8 |
| 2010s | 7.16 % change on previous year | -2.33 % change on previous year | 22.74 % change on previous year | 10 |
| 2020s | 7.67 % change on previous year | -33.05 % change on previous year | 34.63 % change on previous year | 5 |
Countries ranked near Turks and Caicos Islands
- 129 Mongolia 6.62 % change on previous year compare
- 130 Algeria 6.58 % change on previous year compare
- 131 France 6.51 % change on previous year compare
- 133 South Africa 6.49 % change on previous year compare
- 134 Costa Rica 6.4 % change on previous year compare
- 135 Cayman Islands 6.25 % change on previous year compare
More economy & growth data for Turks and Caicos Islands
- GDP (constant 2015 US$), per unit of GDP 1.52 constant 2015 US$ per US$ of GDP (2024)
- Gdp worldbank constant usd, annual growth rate 5.64 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 57,179 constant 2015 US$ per person (2024)
- Gdp worldbank constant usd, per unit of GDP 1.52 units per US$ of GDP (2024)
- Gdp worldbank constant usd, per capita 57,179 units per person (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1768 current LCU per US$ of GDP (2024)
- GNI (current LCU), per capita 37,002 current LCU per person (2024)
- GDP (current LCU), per capita 37,507 current LCU per person (2024)
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2024)
- GDP (constant LCU), annual growth rate 5.64 % change on previous year (2024)
Frequently asked questions
- What is gdp (current us$), annual growth rate in Turks and Caicos Islands?
- Gdp (current us$), annual growth rate in Turks and Caicos Islands was 6.51 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp (current us$), annual growth rate recorded in Turks and Caicos Islands?
- The highest recorded value was 34.63 % change on previous year in 2021.
- What is the lowest gdp (current us$), annual growth rate recorded in Turks and Caicos Islands?
- The lowest recorded value was -33.05 % change on previous year in 2020.
- How does Turks and Caicos Islands rank for gdp (current us$), annual growth rate?
- Turks and Caicos Islands ranks 132nd out of 212 countries with data for 2024.
- Is gdp (current us$), annual growth rate rising or falling in Turks and Caicos Islands?
- Over the last ten years it is down 39.7%. The long-run trend across the full record is volatile.
- Where does this Turks and Caicos Islands data come from?
- The figures come from Statizoid (derived), published as part of GDP (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.