GDP per capita growth in Turks and Caicos Islands
Turks and Caicos Islands: GDP per capita growth was 4.9% in 2024. ◆ Volatile
GDP per capita growth in Turks and Caicos Islands, 2008–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
The most recent figure for gdp per capita growth in Turks and Caicos Islands is 4.9%, measured in 2024.
Compared with earlier readings it is down 62.1% on the previous year and up 11.3% over ten years.
Over the whole period, gdp per capita growth in Turks and Caicos Islands peaked at 67.6% in 2017 and was at its lowest, -35.6%, in 2020.
That places Turks and Caicos Islands 33rd out of 215 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP per capita growth in Turks and Caicos Islands, year by year
| Year | annual % | Change |
|---|---|---|
| 2008 | 3.7% | — |
| 2009 | -22.8% | -715.9% |
| 2010 | -2.9% | -87.2% |
| 2011 | 0.9% | -129.6% |
| 2012 | -6.5% | -856.2% |
| 2013 | -3.5% | -46.4% |
| 2014 | 4.4% | -224.7% |
| 2015 | 6.6% | +50.4% |
| 2016 | 2.5% | -62.6% |
| 2017 | 67.6% | +2642.8% |
| 2018 | 2.5% | -96.3% |
| 2019 | 1.1% | -57.5% |
| 2020 | -35.6% | -3419.9% |
| 2021 | 27.2% | -176.3% |
| 2022 | 12.6% | -53.7% |
| 2023 | 12.9% | +2.2% |
| 2024 | 4.9% | -62.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -9.6% | -22.8% | 3.7% | 2 |
| 2010s | 7.3% | -6.5% | 67.6% | 10 |
| 2020s | 4.4% | -35.6% | 27.2% | 5 |
Countries ranked near Turks and Caicos Islands
More economy & growth data for Turks and Caicos Islands
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8232 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 5.54 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 50,305 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.34 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.54 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 30,877 current LCU per person (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8232 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.09 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 30,877 current US$ per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 5.11 % change on previous year (2024)
Frequently asked questions
- What is gdp per capita growth in Turks and Caicos Islands?
- Gdp per capita growth in Turks and Caicos Islands was 4.9% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp per capita growth recorded in Turks and Caicos Islands?
- The highest recorded value was 67.6% in 2017.
- What is the lowest gdp per capita growth recorded in Turks and Caicos Islands?
- The lowest recorded value was -35.6% in 2020.
- How does Turks and Caicos Islands rank for gdp per capita growth?
- Turks and Caicos Islands ranks 33rd out of 215 countries with data for 2024.
- Is gdp per capita growth rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 11.3%. The long-run trend across the full record is volatile.
- 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 growth (annual %). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.