Gross Domestic Product — Value US$ per capita, 2015 prices in Turks and Caicos Islands
Turks and Caicos Islands: Gross Domestic Product — Value US$ per capita, 2015 prices was 21,343 USD in 2024. ▲ Rising
Gross Domestic Product — Value US$ per capita, 2015 prices in Turks and Caicos Islands, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Turks and Caicos Islands recorded 21,343 USD for gross domestic product — value us$ per capita, 2015 prices in 2024.
That represents a change of up 4.9% on the previous year and down 11.6% over ten years.
Over the whole period, gross domestic product — value us$ per capita, 2015 prices in Turks and Caicos Islands peaked at 33,946 USD in 2008 and was at its lowest, 4,352 USD, in 1970.
That places Turks and Caicos Islands 56th out of 195 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Domestic Product — Value US$ per capita, 2015 prices in Turks and Caicos Islands, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 4,352 USD | — |
| 1971 | 4,742 USD | +9.0% |
| 1972 | 5,105 USD | +7.6% |
| 1973 | 5,487 USD | +7.5% |
| 1974 | 5,893 USD | +7.4% |
| 1975 | 6,330 USD | +7.4% |
| 1976 | 6,797 USD | +7.4% |
| 1977 | 7,297 USD | +7.4% |
| 1978 | 7,824 USD | +7.2% |
| 1979 | 8,394 USD | +7.3% |
| 1980 | 8,973 USD | +6.9% |
| 1981 | 9,496 USD | +5.8% |
| 1982 | 10,013 USD | +5.4% |
| 1983 | 10,569 USD | +5.6% |
| 1984 | 11,173 USD | +5.7% |
| 1985 | 11,828 USD | +5.9% |
| 1986 | 12,531 USD | +5.9% |
| 1987 | 13,283 USD | +6.0% |
| 1988 | 14,141 USD | +6.5% |
| 1989 | 15,125 USD | +7.0% |
| 1990 | 16,000 USD | +5.8% |
| 1991 | 16,764 USD | +4.8% |
| 1992 | 17,466 USD | +4.2% |
| 1993 | 18,577 USD | +6.4% |
| 1994 | 19,976 USD | +7.5% |
| 1995 | 20,432 USD | +2.3% |
| 1996 | 21,362 USD | +4.6% |
| 1997 | 21,955 USD | +2.8% |
| 1998 | 23,310 USD | +6.2% |
| 1999 | 24,295 USD | +4.2% |
| 2000 | 24,437 USD | +0.6% |
| 2001 | 25,026 USD | +2.4% |
| 2002 | 24,063 USD | -3.8% |
| 2003 | 24,941 USD | +3.6% |
| 2004 | 26,413 USD | +5.9% |
| 2005 | 28,784 USD | +9.0% |
| 2006 | 32,400 USD | +12.6% |
| 2007 | 32,734 USD | +1.0% |
| 2008 | 33,946 USD | +3.7% |
| 2009 | 26,200 USD | -22.8% |
| 2010 | 25,435 USD | -2.9% |
| 2011 | 25,655 USD | +0.9% |
| 2012 | 23,975 USD | -6.5% |
| 2013 | 23,133 USD | -3.5% |
| 2014 | 24,146 USD | +4.4% |
| 2015 | 25,736 USD | +6.6% |
| 2016 | 26,370 USD | +2.5% |
| 2017 | 24,684 USD | -6.4% |
| 2018 | 25,037 USD | +1.4% |
| 2019 | 25,388 USD | +1.4% |
| 2020 | 18,078 USD | -28.8% |
| 2021 | 19,336 USD | +7.0% |
| 2022 | 20,264 USD | +4.8% |
| 2023 | 20,351 USD | +0.4% |
| 2024 | 21,343 USD | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6,222 USD | 4,352 USD | 8,394 USD | 10 |
| 1980s | 11,713 USD | 8,973 USD | 15,125 USD | 10 |
| 1990s | 20,014 USD | 16,000 USD | 24,295 USD | 10 |
| 2000s | 27,894 USD | 24,063 USD | 33,946 USD | 10 |
| 2010s | 24,956 USD | 23,133 USD | 26,370 USD | 10 |
| 2020s | 19,874 USD | 18,078 USD | 21,343 USD | 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$), annual growth rate 5.11 % change on previous year (2024)
Frequently asked questions
- What is gross domestic product — value us$ per capita, 2015 prices in Turks and Caicos Islands?
- Gross domestic product — value us$ per capita, 2015 prices in Turks and Caicos Islands was 21,343 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita, 2015 prices recorded in Turks and Caicos Islands?
- The highest recorded value was 33,946 USD in 2008.
- What is the lowest gross domestic product — value us$ per capita, 2015 prices recorded in Turks and Caicos Islands?
- The lowest recorded value was 4,352 USD in 1970.
- How does Turks and Caicos Islands rank for gross domestic product — value us$ per capita, 2015 prices?
- Turks and Caicos Islands ranks 56th out of 195 countries with data for 2024.
- Is gross domestic product — value us$ per capita, 2015 prices rising or falling in Turks and Caicos Islands?
- Over the last ten years it is down 11.6%. The long-run trend across the full record is rising.
- Where does this Turks and Caicos Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$ per capita, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).