GDP, PPP in Turks and Caicos Islands
Turks and Caicos Islands: GDP, PPP was 1.55 billion constant 2021 international $ in 2024. ▲ Rising
GDP, PPP in Turks and Caicos Islands, 2007–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
The most recent figure for gdp, ppp in Turks and Caicos Islands is 1.55 billion constant 2021 international $, measured in 2024. That is the highest value across all 18 years on record.
That represents a change of up 5.6% on the previous year and up 174.7% over ten years.
Over the whole period, gdp, ppp in Turks and Caicos Islands peaked at 1.55 billion constant 2021 international $ in 2024 and was at its lowest, 500.64 million constant 2021 international $, in 2009.
Turks and Caicos Islands ranks 188th of 199 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
GDP, PPP in Turks and Caicos Islands, year by year
| Year | constant 2021 international $ | Change |
|---|---|---|
| 2007 | 574.76 million constant 2021 international $ | — |
| 2008 | 622.30 million constant 2021 international $ | +8.3% |
| 2009 | 500.64 million constant 2021 international $ | -19.6% |
| 2010 | 505.57 million constant 2021 international $ | +1.0% |
| 2011 | 528.93 million constant 2021 international $ | +4.6% |
| 2012 | 514.83 million constant 2021 international $ | -2.7% |
| 2013 | 520.34 million constant 2021 international $ | +1.1% |
| 2014 | 565.67 million constant 2021 international $ | +8.7% |
| 2015 | 629.67 million constant 2021 international $ | +11.3% |
| 2016 | 675.33 million constant 2021 international $ | +7.3% |
| 2017 | 1.18 billion constant 2021 international $ | +74.6% |
| 2018 | 1.26 billion constant 2021 international $ | +6.8% |
| 2019 | 1.32 billion constant 2021 international $ | +5.0% |
| 2020 | 874.52 million constant 2021 international $ | -33.8% |
| 2021 | 1.13 billion constant 2021 international $ | +29.6% |
| 2022 | 1.29 billion constant 2021 international $ | +14.1% |
| 2023 | 1.47 billion constant 2021 international $ | +13.7% |
| 2024 | 1.55 billion constant 2021 international $ | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 565.90 million constant 2021 international $ | 500.64 million constant 2021 international $ | 622.30 million constant 2021 international $ | 3 |
| 2010s | 769.94 million constant 2021 international $ | 505.57 million constant 2021 international $ | 1.32 billion constant 2021 international $ | 10 |
| 2020s | 1.27 billion constant 2021 international $ | 874.52 million constant 2021 international $ | 1.55 billion constant 2021 international $ | 5 |
Countries ranked near Turks and Caicos Islands
- 185 Solomon Islands 2.00 billion constant 2021 international $ compare
- 186 Saint Vincent and the Grenadines 1.95 billion constant 2021 international $ compare
- 187 Samoa 1.75 billion constant 2021 international $ compare
- 189 Saint Kitts and Nevis 1.47 billion constant 2021 international $ compare
- 190 Sao Tome and Principe 1.31 billion constant 2021 international $ compare
- 191 Vanuatu 1.30 billion constant 2021 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, ppp in Turks and Caicos Islands?
- Gdp, ppp in Turks and Caicos Islands was 1.55 billion constant 2021 international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp, ppp recorded in Turks and Caicos Islands?
- The highest recorded value was 1.55 billion constant 2021 international $ in 2024.
- What is the lowest gdp, ppp recorded in Turks and Caicos Islands?
- The lowest recorded value was 500.64 million constant 2021 international $ in 2009.
- How does Turks and Caicos Islands rank for gdp, ppp?
- Turks and Caicos Islands ranks 188th out of 199 countries with data for 2024.
- Is gdp, ppp rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 174.7%. 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, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross domestic product (GDP) expressed in constant 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 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 2021. 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.