GDP per capita in Turks and Caicos Islands
Turks and Caicos Islands: GDP per capita was 37,507 current LCU in 2024. ▲ Rising
GDP per capita in Turks and Caicos Islands, 2000–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gdp per capita in Turks and Caicos Islands stood at 37,507 current LCU. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 5.7% on the previous year and up 37.4% over ten years.
Over the whole period, gdp per capita in Turks and Caicos Islands peaked at 37,507 current LCU in 2024 and was at its lowest, 17,055 current LCU, in 2000.
That places Turks and Caicos Islands 156th out of 212 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
GDP per capita in Turks and Caicos Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2000 | 17,055 current LCU | — |
| 2001 | 18,326 current LCU | +7.4% |
| 2002 | 17,804 current LCU | -2.8% |
| 2003 | 18,859 current LCU | +5.9% |
| 2004 | 21,246 current LCU | +12.7% |
| 2005 | 24,122 current LCU | +13.5% |
| 2006 | 28,734 current LCU | +19.1% |
| 2007 | 29,444 current LCU | +2.5% |
| 2008 | 31,454 current LCU | +6.8% |
| 2009 | 24,597 current LCU | -21.8% |
| 2010 | 23,094 current LCU | -6.1% |
| 2011 | 27,327 current LCU | +18.3% |
| 2012 | 25,924 current LCU | -5.1% |
| 2013 | 25,654 current LCU | -1.0% |
| 2014 | 27,293 current LCU | +6.4% |
| 2015 | 29,457 current LCU | +7.9% |
| 2016 | 31,374 current LCU | +6.5% |
| 2017 | 30,014 current LCU | -4.3% |
| 2018 | 31,626 current LCU | +5.4% |
| 2019 | 31,780 current LCU | +0.5% |
| 2020 | 20,691 current LCU | -34.9% |
| 2021 | 27,329 current LCU | +32.1% |
| 2022 | 31,280 current LCU | +14.5% |
| 2023 | 35,470 current LCU | +13.4% |
| 2024 | 37,507 current LCU | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23,164 current LCU | 17,055 current LCU | 31,454 current LCU | 10 |
| 2010s | 28,354 current LCU | 23,094 current LCU | 31,780 current LCU | 10 |
| 2020s | 30,456 current LCU | 20,691 current LCU | 37,507 current LCU | 5 |
Countries ranked near Turks and Caicos Islands
More economy & growth data for Turks and Caicos Islands
- GNI, Atlas method (current US$), per capita 36,764 current US$ per person (2024)
- GNI (current LCU), annual growth rate 4.9 % change on previous year (2024)
- GNI (current US$), per capita 37,002 current US$ per person (2024)
- GNI (current US$), per unit of GDP 0.9865 current US$ per US$ of GDP (2024)
- GNI (current US$), annual growth rate 4.9 % change on previous year (2024)
- GNI, Atlas method (current US$), annual growth rate 2.69 % change on previous year (2024)
- GDP (constant LCU), per unit of GDP 0.9296 constant LCU per US$ of GDP (2024)
- GDP (constant LCU), per capita 34,867 constant LCU per person (2024)
- GNI (current LCU), per unit of GDP 0.9865 current LCU per US$ of GDP (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9802 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gdp per capita in Turks and Caicos Islands?
- Gdp per capita in Turks and Caicos Islands was 37,507 current LCU 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 37,507 current LCU in 2024.
- What is the lowest gdp per capita recorded in Turks and Caicos Islands?
- The lowest recorded value was 17,055 current LCU in 2000.
- How does Turks and Caicos Islands rank for gdp per capita?
- Turks and Caicos Islands ranks 156th out of 212 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 37.4%. 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 (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.