Gross Domestic Product — Value US$ per capita in Turks and Caicos Islands
Turks and Caicos Islands: Gross Domestic Product — Value US$ per capita was 32,092 USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ per capita in Turks and Caicos Islands, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gross domestic product — value us$ per capita in Turks and Caicos Islands stood at 32,092 USD. That is the highest value across all 55 years on record.
That represents a change of up 5.7% on the previous year and up 33.7% over ten years.
Over the whole period, gross domestic product — value us$ per capita in Turks and Caicos Islands peaked at 32,092 USD in 2024 and was at its lowest, 1,725 USD, in 1970.
Turks and Caicos Islands ranks 47th of 195 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$ per capita in Turks and Caicos Islands, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 1,725 USD | — |
| 1971 | 1,914 USD | +10.9% |
| 1972 | 2,097 USD | +9.6% |
| 1973 | 2,295 USD | +9.4% |
| 1974 | 2,510 USD | +9.4% |
| 1975 | 2,744 USD | +9.3% |
| 1976 | 3,000 USD | +9.3% |
| 1977 | 3,279 USD | +9.3% |
| 1978 | 3,579 USD | +9.2% |
| 1979 | 3,909 USD | +9.2% |
| 1980 | 4,254 USD | +8.8% |
| 1981 | 4,583 USD | +7.7% |
| 1982 | 4,920 USD | +7.4% |
| 1983 | 5,289 USD | +7.5% |
| 1984 | 5,691 USD | +7.6% |
| 1985 | 6,132 USD | +7.8% |
| 1986 | 6,614 USD | +7.9% |
| 1987 | 7,140 USD | +8.0% |
| 1988 | 7,749 USD | +8.5% |
| 1989 | 8,414 USD | +8.6% |
| 1990 | 9,062 USD | +7.7% |
| 1991 | 9,678 USD | +6.8% |
| 1992 | 10,286 USD | +6.3% |
| 1993 | 11,205 USD | +8.9% |
| 1994 | 11,988 USD | +7.0% |
| 1995 | 12,657 USD | +5.6% |
| 1996 | 13,575 USD | +7.3% |
| 1997 | 14,277 USD | +5.2% |
| 1998 | 15,405 USD | +7.9% |
| 1999 | 16,404 USD | +6.5% |
| 2000 | 17,056 USD | +4.0% |
| 2001 | 18,325 USD | +7.4% |
| 2002 | 17,804 USD | -2.8% |
| 2003 | 18,859 USD | +5.9% |
| 2004 | 21,246 USD | +12.7% |
| 2005 | 24,123 USD | +13.5% |
| 2006 | 28,734 USD | +19.1% |
| 2007 | 29,444 USD | +2.5% |
| 2008 | 31,453 USD | +6.8% |
| 2009 | 24,596 USD | -21.8% |
| 2010 | 23,094 USD | -6.1% |
| 2011 | 23,627 USD | +2.3% |
| 2012 | 22,634 USD | -4.2% |
| 2013 | 22,412 USD | -1.0% |
| 2014 | 23,996 USD | +7.1% |
| 2015 | 25,736 USD | +7.3% |
| 2016 | 26,946 USD | +4.7% |
| 2017 | 25,615 USD | -4.9% |
| 2018 | 26,786 USD | +4.6% |
| 2019 | 27,740 USD | +3.6% |
| 2020 | 20,831 USD | -24.9% |
| 2021 | 23,114 USD | +11.0% |
| 2022 | 26,802 USD | +16.0% |
| 2023 | 30,349 USD | +13.2% |
| 2024 | 32,092 USD | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,705 USD | 1,725 USD | 3,909 USD | 10 |
| 1980s | 6,078 USD | 4,254 USD | 8,414 USD | 10 |
| 1990s | 12,454 USD | 9,062 USD | 16,404 USD | 10 |
| 2000s | 23,164 USD | 17,056 USD | 31,453 USD | 10 |
| 2010s | 24,859 USD | 22,412 USD | 27,740 USD | 10 |
| 2020s | 26,638 USD | 20,831 USD | 32,092 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 in Turks and Caicos Islands?
- Gross domestic product — value us$ per capita in Turks and Caicos Islands was 32,092 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$ per capita recorded in Turks and Caicos Islands?
- The highest recorded value was 32,092 USD in 2024.
- What is the lowest gross domestic product — value us$ per capita recorded in Turks and Caicos Islands?
- The lowest recorded value was 1,725 USD in 1970.
- How does Turks and Caicos Islands rank for gross domestic product — value us$ per capita?
- Turks and Caicos Islands ranks 47th out of 195 countries with data for 2024.
- Is gross domestic product — value us$ per capita rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 33.7%. The long-run trend across the full record is volatile.
- 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. Statizoid updates them automatically from the source API.
Download this data
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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).