GDP per capita in Turks and Caicos Islands
Turks and Caicos Islands: GDP per capita was 37,507 current US$ in 2024. ▲ Rising
GDP per capita in Turks and Caicos Islands, 2001–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
The most recent figure for gdp per capita in Turks and Caicos Islands is 37,507 current US$, measured in 2024. That is the highest value across all 24 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 US$ in 2024 and was at its lowest, 17,804 current US$, in 2002.
That places Turks and Caicos Islands 44th out of 212 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
GDP per capita in Turks and Caicos Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2001 | 18,326 current US$ | — |
| 2002 | 17,804 current US$ | -2.8% |
| 2003 | 18,859 current US$ | +5.9% |
| 2004 | 21,246 current US$ | +12.7% |
| 2005 | 24,122 current US$ | +13.5% |
| 2006 | 28,734 current US$ | +19.1% |
| 2007 | 29,444 current US$ | +2.5% |
| 2008 | 31,454 current US$ | +6.8% |
| 2009 | 24,597 current US$ | -21.8% |
| 2010 | 23,094 current US$ | -6.1% |
| 2011 | 27,327 current US$ | +18.3% |
| 2012 | 25,924 current US$ | -5.1% |
| 2013 | 25,654 current US$ | -1.0% |
| 2014 | 27,293 current US$ | +6.4% |
| 2015 | 29,457 current US$ | +7.9% |
| 2016 | 31,374 current US$ | +6.5% |
| 2017 | 30,014 current US$ | -4.3% |
| 2018 | 31,626 current US$ | +5.4% |
| 2019 | 31,780 current US$ | +0.5% |
| 2020 | 20,691 current US$ | -34.9% |
| 2021 | 27,329 current US$ | +32.1% |
| 2022 | 31,280 current US$ | +14.5% |
| 2023 | 35,470 current US$ | +13.4% |
| 2024 | 37,507 current US$ | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23,843 current US$ | 17,804 current US$ | 31,454 current US$ | 9 |
| 2010s | 28,354 current US$ | 23,094 current US$ | 31,780 current US$ | 10 |
| 2020s | 30,456 current US$ | 20,691 current US$ | 37,507 current US$ | 5 |
Countries ranked near Turks and Caicos Islands
More economy & growth data for Turks and Caicos Islands
- Taxes less subsidies on products (current LCU), per capita 6,630 current LCU per person (2024)
- Net primary income (Net income from abroad) (current US$), annual -939.29 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual -939.29 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1768 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 6,630 current US$ per person (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 13.69 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1768 current LCU per US$ of GDP (2024)
- Gdp worldbank constant usd, annual growth rate 5.64 % change on previous year (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)
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 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 37,507 current US$ in 2024.
- What is the lowest gdp per capita recorded in Turks and Caicos Islands?
- The lowest recorded value was 17,804 current US$ in 2002.
- How does Turks and Caicos Islands rank for gdp per capita?
- Turks and Caicos Islands ranks 44th 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 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 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. 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 indicator is expressed in United States dollars.