GDP: linked series (current LCU), annual growth rate in Turks and Caicos Islands
Turks and Caicos Islands: GDP: linked series (current LCU), annual growth rate was 6.51 % change on previous year in 2024. ◆ Volatile
GDP: linked series (current LCU), annual growth rate in Turks and Caicos Islands, 2008–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gdp: linked series (current lcu), annual growth rate in Turks and Caicos Islands stood at 6.51 % change on previous year.
The figure is down 54.3% on the previous year and down 39.7% over ten years.
Over the whole period, gdp: linked series (current lcu), 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.
Turks and Caicos Islands ranks 115th of 214 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.
GDP: linked series (current LCU), annual growth rate in Turks and Caicos Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2008 | 11.53 % change on previous year | — |
| 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% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's 6.51 % change on previous year is above the median for high income countries, which is 5.01 % change on previous year, 1.3× the median. (82 countries reporting)
- Turks and Caicos Islands's 6.51 % change on previous year is below the median for Latin America & Caribbean, which is 6.6 % change on previous year, 99% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP: linked series (current LCU), annual growth rate 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 |
|---|---|---|---|
| 2018 | +2934.2% | -0.3427 % change on previous year | 9.71 % change on previous year |
| 2011 | +1075.6% | -2.33 % change on previous year | 22.74 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -3.48 % change on previous year | -18.49 % change on previous year | 11.53 % change on previous year | 2 |
| 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
- 112 Serbia 6.61 % change on previous year compare
- 113 Andorra 6.6 % change on previous year compare
- 114 Poland 6.59 % change on previous year compare
- 116 Kosovo 6.5 % change on previous year compare
- 116 Kosovo (UNSCR 1244) 6.5 % change on previous year compare
- 118 Nauru 6.25 % change on previous year compare
More economy & growth data for Turks and Caicos Islands
- Industry (including construction), value added (current US$), per 0.0934 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), annual 4.89 % change on previous year (2024)
- GDP (constant LCU), annual growth rate 5.64 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 57,179 constant 2015 US$ per person (2024)
- GDP (constant 2015 US$), per unit of GDP 1.52 constant 2015 US$ 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)
- Gross value added at basic prices (GVA) (constant LCU), per capita 29,831 constant LCU per person (2024)
- GDP (current US$), annual growth rate 6.51 % change on previous year (2024)
Frequently asked questions
- What is gdp: linked series (current lcu), annual growth rate in Turks and Caicos Islands?
- Gdp: linked series (current lcu), 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: linked series (current lcu), 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: linked series (current lcu), 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: linked series (current lcu), annual growth rate?
- Turks and Caicos Islands ranks 115th out of 214 countries with data for 2024.
- Is gdp: linked series (current lcu), 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: linked series (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP: linked series (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP: linked series Staff estimates, World Bank (WB)
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: linked series (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.