GDP per capita, PPP in Turks and Caicos Islands
Turks and Caicos Islands: GDP per capita, PPP was 38,010 current international $ in 2024. ▲ Rising
GDP per capita, PPP in Turks and Caicos Islands, 2007–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
Turks and Caicos Islands recorded 38,010 current international $ for gdp per capita, ppp in 2024. That is the highest value across all 18 years on record.
The figure is up 7.5% on the previous year and up 48.8% over ten years.
Over the whole period, gdp per capita, ppp in Turks and Caicos Islands peaked at 38,010 current international $ in 2024 and was at its lowest, 19,530 current international $, in 2020.
That places Turks and Caicos Islands 67th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
GDP per capita, PPP in Turks and Caicos Islands, year by year
| Year | current international $ | Change |
|---|---|---|
| 2007 | 32,002 current international $ | — |
| 2008 | 33,828 current international $ | +5.7% |
| 2009 | 26,270 current international $ | -22.3% |
| 2010 | 25,812 current international $ | -1.7% |
| 2011 | 26,572 current international $ | +2.9% |
| 2012 | 23,610 current international $ | -11.1% |
| 2013 | 23,932 current international $ | +1.4% |
| 2014 | 25,546 current international $ | +6.7% |
| 2015 | 27,485 current international $ | +7.6% |
| 2016 | 29,781 current international $ | +8.4% |
| 2017 | 30,097 current international $ | +1.1% |
| 2018 | 31,152 current international $ | +3.5% |
| 2019 | 31,173 current international $ | +0.1% |
| 2020 | 19,530 current international $ | -37.4% |
| 2021 | 25,056 current international $ | +28.3% |
| 2022 | 30,216 current international $ | +20.6% |
| 2023 | 35,366 current international $ | +17.0% |
| 2024 | 38,010 current international $ | +7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 30,700 current international $ | 26,270 current international $ | 33,828 current international $ | 3 |
| 2010s | 27,516 current international $ | 23,610 current international $ | 31,173 current international $ | 10 |
| 2020s | 29,636 current international $ | 19,530 current international $ | 38,010 current international $ | 5 |
Countries ranked near Turks and Caicos Islands
- 64 Malaysia 41,498 current international $ compare
- 65 Bahamas 41,258 current international $ compare
- 66 Uruguay 38,315 current international $ compare
- 68 Chile 37,774 current international $ compare
- 69 Trinidad and Tobago 37,121 current international $ compare
- 70 Saint Kitts and Nevis 36,777 current international $ compare
More economy & growth data for Turks and Caicos Islands
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2024)
- GDP (current US$), per capita 37,507 current US$ per person (2024)
- GDP (current LCU), annual growth rate 6.51 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- GDP (current LCU), per capita 37,507 current LCU per person (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1768 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 13.69 % change on previous year (2024)
- GDP (constant 2015 US$), per unit of GDP 1.52 constant 2015 US$ per US$ of GDP (2024)
- GDP (current US$), annual growth rate 6.51 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per capita 6,630 current LCU per person (2024)
Frequently asked questions
- What is gdp per capita, ppp in Turks and Caicos Islands?
- Gdp per capita, ppp in Turks and Caicos Islands was 38,010 current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp per capita, ppp recorded in Turks and Caicos Islands?
- The highest recorded value was 38,010 current international $ in 2024.
- What is the lowest gdp per capita, ppp recorded in Turks and Caicos Islands?
- The lowest recorded value was 19,530 current international $ in 2020.
- How does Turks and Caicos Islands rank for gdp per capita, ppp?
- Turks and Caicos Islands ranks 67th out of 203 countries with data for 2024.
- Is gdp per capita, ppp rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 48.8%. The long-run trend across the full record is rising.
- Where does this Turks and Caicos Islands data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GDP per capita, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for gross domestic product (GDP) per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. 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. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.