Gross Fixed Capital Formation — Value Standard Local Currency, per in Turks and Caicos Islands
Turks and Caicos Islands: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0051 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Turks and Caicos Islands, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Turks and Caicos Islands is 0.0051 million SLC per person, measured in 2024.
That represents a change of up 2.8% on the previous year and up 33.5% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Turks and Caicos Islands peaked at 0.0137 million SLC per person in 2007 and was at its lowest, 0.0005 million SLC per person, in 1970.
Turks and Caicos Islands ranks 163rd of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, per in Turks and Caicos Islands, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0005 million SLC per person | — |
| 1971 | 0.0006 million SLC per person | +11.0% |
| 1972 | 0.0006 million SLC per person | +9.6% |
| 1973 | 0.0007 million SLC per person | +9.4% |
| 1974 | 0.0008 million SLC per person | +9.4% |
| 1975 | 0.0008 million SLC per person | +9.4% |
| 1976 | 0.0009 million SLC per person | +9.3% |
| 1977 | 0.001 million SLC per person | +9.3% |
| 1978 | 0.0011 million SLC per person | +9.1% |
| 1979 | 0.0012 million SLC per person | +9.2% |
| 1980 | 0.0013 million SLC per person | +8.9% |
| 1981 | 0.0014 million SLC per person | +7.8% |
| 1982 | 0.0015 million SLC per person | +7.2% |
| 1983 | 0.0016 million SLC per person | +7.4% |
| 1984 | 0.0017 million SLC per person | +7.8% |
| 1985 | 0.0019 million SLC per person | +8.2% |
| 1986 | 0.002 million SLC per person | +7.5% |
| 1987 | 0.0021 million SLC per person | +6.8% |
| 1988 | 0.0023 million SLC per person | +9.2% |
| 1989 | 0.0026 million SLC per person | +9.9% |
| 1990 | 0.0028 million SLC per person | +9.2% |
| 1991 | 0.0029 million SLC per person | +2.9% |
| 1992 | 0.0029 million SLC per person | +1.2% |
| 1993 | 0.0035 million SLC per person | +19.2% |
| 1994 | 0.0039 million SLC per person | +11.5% |
| 1995 | 0.0042 million SLC per person | +7.7% |
| 1996 | 0.0033 million SLC per person | -21.3% |
| 1997 | 0.0042 million SLC per person | +27.6% |
| 1998 | 0.005 million SLC per person | +18.4% |
| 1999 | 0.0052 million SLC per person | +4.5% |
| 2000 | 0.0045 million SLC per person | -13.3% |
| 2001 | 0.0048 million SLC per person | +6.1% |
| 2002 | 0.0041 million SLC per person | -13.8% |
| 2003 | 0.0047 million SLC per person | +15.1% |
| 2004 | 0.0066 million SLC per person | +39.3% |
| 2005 | 0.0093 million SLC per person | +41.8% |
| 2006 | 0.0133 million SLC per person | +42.7% |
| 2007 | 0.0137 million SLC per person | +2.7% |
| 2008 | 0.0134 million SLC per person | -2.2% |
| 2009 | 0.0074 million SLC per person | -44.9% |
| 2010 | 0.0047 million SLC per person | -36.0% |
| 2011 | 0.0034 million SLC per person | -27.5% |
| 2012 | 0.0037 million SLC per person | +7.7% |
| 2013 | 0.0038 million SLC per person | +3.8% |
| 2014 | 0.0038 million SLC per person | +0.0% |
| 2015 | 0.0042 million SLC per person | +10.5% |
| 2016 | 0.0044 million SLC per person | +5.0% |
| 2017 | 0.0042 million SLC per person | -6.1% |
| 2018 | 0.0044 million SLC per person | +5.3% |
| 2019 | 0.0045 million SLC per person | +3.5% |
| 2020 | 0.0034 million SLC per person | -25.0% |
| 2021 | 0.0038 million SLC per person | +11.1% |
| 2022 | 0.0044 million SLC per person | +15.9% |
| 2023 | 0.005 million SLC per person | +13.2% |
| 2024 | 0.0051 million SLC per person | +2.8% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's 0.0051 million SLC per person is below the median for high income countries, which is 0.0157 million SLC per person, 33% of the median. (73 countries reporting)
- Turks and Caicos Islands's 0.0051 million SLC per person is below the median for Latin America & Caribbean, which is 0.0145 million SLC per person, 35% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency, per in Turks and Caicos Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -44.9% | 0.0134 million SLC per person | 0.0074 million SLC per person |
| 2010 | -36.0% | 0.0074 million SLC per person | 0.0047 million SLC per person |
| 2011 | -27.5% | 0.0047 million SLC per person | 0.0034 million SLC per person |
| 2006 | +42.7% | 0.0093 million SLC per person | 0.0133 million SLC per person |
| 2005 | +41.8% | 0.0066 million SLC per person | 0.0093 million SLC per person |
| 2020 | -25.0% | 0.0045 million SLC per person | 0.0034 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0008 million SLC per person | 0.0005 million SLC per person | 0.0012 million SLC per person | 10 |
| 1980s | 0.0018 million SLC per person | 0.0013 million SLC per person | 0.0026 million SLC per person | 10 |
| 1990s | 0.0038 million SLC per person | 0.0028 million SLC per person | 0.0052 million SLC per person | 10 |
| 2000s | 0.0082 million SLC per person | 0.0041 million SLC per person | 0.0137 million SLC per person | 10 |
| 2010s | 0.0041 million SLC per person | 0.0034 million SLC per person | 0.0047 million SLC per person | 10 |
| 2020s | 0.0043 million SLC per person | 0.0034 million SLC per person | 0.0051 million SLC per person | 5 |
Countries ranked near Turks and Caicos Islands
- 160 Slovakia 0.0052 million SLC per person compare
- 161 Afghanistan 0.0052 million SLC per person compare
- 162 Tajikistan 0.0051 million SLC per person compare
- 164 Cyprus 0.0051 million SLC per person compare
- 165 Lesotho 0.005 million SLC per person compare
- 166 Latvia 0.005 million SLC per person compare
More economy & growth data for Turks and Caicos Islands
- Industry (including construction), value added (constant LCU), annual 9.05 % change on previous year (2024)
- GNI, Atlas method (current US$), per capita 36,764 current US$ per person (2024)
- GNI, Atlas method (current US$), per unit of GDP 0.9802 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 6,332 constant 2015 US$ per person (2024)
- GNI, Atlas method (current US$), annual growth rate 2.69 % change on previous year (2024)
- GDP (constant LCU), per capita 34,867 constant LCU per person (2024)
- GDP (constant LCU), per unit of GDP 0.9296 constant LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.0913 constant LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), per unit of GDP 1.52 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, per in Turks and Caicos Islands?
- Gross fixed capital formation — value standard local currency, per in Turks and Caicos Islands was 0.0051 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Turks and Caicos Islands?
- The highest recorded value was 0.0137 million SLC per person in 2007.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Turks and Caicos Islands?
- The lowest recorded value was 0.0005 million SLC per person in 1970.
- How does Turks and Caicos Islands rank for gross fixed capital formation — value standard local currency, per?
- Turks and Caicos Islands ranks 163rd out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 33.5%. The long-run trend across the full record is volatile.
- Where does this Turks and Caicos Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.