GDP per capita in Turks and Caicos Islands
Turks and Caicos Islands: GDP per capita was 57,179 constant 2015 US$ in 2024. ▲ Rising
GDP per capita in Turks and Caicos Islands, 2007–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Turks and Caicos Islands recorded 57,179 constant 2015 US$ for gdp per capita in 2024. That is the highest value across all 18 years on record.
That represents a change of up 4.9% on the previous year and up 106.9% over ten years.
Over the whole period, gdp per capita in Turks and Caicos Islands peaked at 57,179 constant 2015 US$ in 2024 and was at its lowest, 26,478 constant 2015 US$, in 2013.
That places Turks and Caicos Islands 17th out of 210 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 18 years of available data.
GDP per capita in Turks and Caicos Islands, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2007 | 37,466 constant 2015 US$ | — |
| 2008 | 38,854 constant 2015 US$ | +3.7% |
| 2009 | 29,989 constant 2015 US$ | -22.8% |
| 2010 | 29,112 constant 2015 US$ | -2.9% |
| 2011 | 29,364 constant 2015 US$ | +0.9% |
| 2012 | 27,441 constant 2015 US$ | -6.5% |
| 2013 | 26,478 constant 2015 US$ | -3.5% |
| 2014 | 27,637 constant 2015 US$ | +4.4% |
| 2015 | 29,457 constant 2015 US$ | +6.6% |
| 2016 | 30,183 constant 2015 US$ | +2.5% |
| 2017 | 50,586 constant 2015 US$ | +67.6% |
| 2018 | 51,863 constant 2015 US$ | +2.5% |
| 2019 | 52,420 constant 2015 US$ | +1.1% |
| 2020 | 33,739 constant 2015 US$ | -35.6% |
| 2021 | 42,908 constant 2015 US$ | +27.2% |
| 2022 | 48,307 constant 2015 US$ | +12.6% |
| 2023 | 54,523 constant 2015 US$ | +12.9% |
| 2024 | 57,179 constant 2015 US$ | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 35,436 constant 2015 US$ | 29,989 constant 2015 US$ | 38,854 constant 2015 US$ | 3 |
| 2010s | 35,454 constant 2015 US$ | 26,478 constant 2015 US$ | 52,420 constant 2015 US$ | 10 |
| 2020s | 47,331 constant 2015 US$ | 33,739 constant 2015 US$ | 57,179 constant 2015 US$ | 5 |
Countries ranked near Turks and Caicos Islands
- 14 Australia 61,369 constant 2015 US$ compare
- 15 Faroe Islands 59,302 constant 2015 US$ compare
- 16 Iceland 58,910 constant 2015 US$ compare
- 18 Sweden 55,014 constant 2015 US$ compare
- 19 Netherlands 51,817 constant 2015 US$ compare
- 20 San Marino 51,324 constant 2015 US$ compare
More economy & growth data for Turks and Caicos Islands
- Gdp worldbank constant usd, per unit of GDP 1.52 units per US$ of GDP (2024)
- GNI (current US$), per unit of GDP 0.9865 current US$ per US$ of GDP (2024)
- GNI (current US$), annual growth rate 4.9 % change on previous year (2024)
- GNI, Atlas method (current US$), per capita 36,764 current US$ per person (2024)
- Gdp worldbank constant usd, annual growth rate 5.64 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9802 current US$ per US$ of GDP (2024)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2024)
- GDP (constant LCU), per capita 34,867 constant LCU per person (2024)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- GNI (current US$), per capita 37,002 current US$ per person (2024)
Frequently asked questions
- What is gdp per capita in Turks and Caicos Islands?
- Gdp per capita in Turks and Caicos Islands was 57,179 constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita recorded in Turks and Caicos Islands?
- The highest recorded value was 57,179 constant 2015 US$ in 2024.
- What is the lowest gdp per capita recorded in Turks and Caicos Islands?
- The lowest recorded value was 26,478 constant 2015 US$ in 2013.
- How does Turks and Caicos Islands rank for gdp per capita?
- Turks and Caicos Islands ranks 17th out of 210 countries with data for 2024.
- Is gdp per capita rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 106.9%. 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 per capita (constant 2015 US$). Statizoid updates them automatically from the source API.
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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. The core indicator has been divided by the general population to achieve a per capita estimate.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 is 2015. This indicator is expressed in United States dollars.