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 0.2418 million SLC per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Turks and Caicos Islands, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, per in Turks and Caicos Islands stood at 0.2418 million SLC per square kilometre.
That represents a change of up 14.1% on the previous year and up 78.3% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Turks and Caicos Islands peaked at 0.3863 million SLC per square kilometre in 2008 and was at its lowest, 0.0031 million SLC per square kilometre, in 1970.
Turks and Caicos Islands ranks 162nd 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 square kilometre | Change |
|---|---|---|
| 1970 | 0.0031 million SLC per square kilometre | — |
| 1971 | 0.0035 million SLC per square kilometre | +12.7% |
| 1972 | 0.0039 million SLC per square kilometre | +12.7% |
| 1973 | 0.0044 million SLC per square kilometre | +12.6% |
| 1974 | 0.005 million SLC per square kilometre | +12.6% |
| 1975 | 0.0056 million SLC per square kilometre | +12.7% |
| 1976 | 0.0063 million SLC per square kilometre | +12.7% |
| 1977 | 0.0071 million SLC per square kilometre | +12.6% |
| 1978 | 0.008 million SLC per square kilometre | +12.6% |
| 1979 | 0.0091 million SLC per square kilometre | +12.7% |
| 1980 | 0.0102 million SLC per square kilometre | +12.7% |
| 1981 | 0.0115 million SLC per square kilometre | +12.7% |
| 1982 | 0.0129 million SLC per square kilometre | +12.4% |
| 1983 | 0.0146 million SLC per square kilometre | +12.6% |
| 1984 | 0.0165 million SLC per square kilometre | +12.9% |
| 1985 | 0.0186 million SLC per square kilometre | +13.1% |
| 1986 | 0.0209 million SLC per square kilometre | +12.3% |
| 1987 | 0.0233 million SLC per square kilometre | +11.3% |
| 1988 | 0.0264 million SLC per square kilometre | +13.6% |
| 1989 | 0.0302 million SLC per square kilometre | +14.2% |
| 1990 | 0.0344 million SLC per square kilometre | +14.0% |
| 1991 | 0.0373 million SLC per square kilometre | +8.4% |
| 1992 | 0.0397 million SLC per square kilometre | +6.7% |
| 1993 | 0.0498 million SLC per square kilometre | +25.4% |
| 1994 | 0.0584 million SLC per square kilometre | +17.2% |
| 1995 | 0.066 million SLC per square kilometre | +13.0% |
| 1996 | 0.0544 million SLC per square kilometre | -17.6% |
| 1997 | 0.0726 million SLC per square kilometre | +33.4% |
| 1998 | 0.0897 million SLC per square kilometre | +23.7% |
| 1999 | 0.0979 million SLC per square kilometre | +9.0% |
| 2000 | 0.0884 million SLC per square kilometre | -9.6% |
| 2001 | 0.0981 million SLC per square kilometre | +10.9% |
| 2002 | 0.089 million SLC per square kilometre | -9.3% |
| 2003 | 0.108 million SLC per square kilometre | +21.4% |
| 2004 | 0.1582 million SLC per square kilometre | +46.5% |
| 2005 | 0.2356 million SLC per square kilometre | +48.9% |
| 2006 | 0.3521 million SLC per square kilometre | +49.5% |
| 2007 | 0.3783 million SLC per square kilometre | +7.4% |
| 2008 | 0.3863 million SLC per square kilometre | +2.1% |
| 2009 | 0.222 million SLC per square kilometre | -42.5% |
| 2010 | 0.1478 million SLC per square kilometre | -33.4% |
| 2011 | 0.1112 million SLC per square kilometre | -24.8% |
| 2012 | 0.1247 million SLC per square kilometre | +12.2% |
| 2013 | 0.1356 million SLC per square kilometre | +8.7% |
| 2014 | 0.1412 million SLC per square kilometre | +4.2% |
| 2015 | 0.163 million SLC per square kilometre | +15.4% |
| 2016 | 0.1792 million SLC per square kilometre | +9.9% |
| 2017 | 0.1754 million SLC per square kilometre | -2.2% |
| 2018 | 0.1923 million SLC per square kilometre | +9.6% |
| 2019 | 0.2067 million SLC per square kilometre | +7.5% |
| 2020 | 0.1593 million SLC per square kilometre | -22.9% |
| 2021 | 0.1804 million SLC per square kilometre | +13.3% |
| 2022 | 0.212 million SLC per square kilometre | +17.5% |
| 2023 | 0.2418 million SLC per square kilometre | +14.1% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's 0.2418 million SLC per square kilometre is below the median for high income countries, which is 2.4 million SLC per square kilometre, 10% of the median. (73 countries reporting)
- Turks and Caicos Islands's 0.2418 million SLC per square kilometre is below the median for Latin America & Caribbean, which is 2.91 million SLC per square kilometre, 8% 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 | -42.5% | 0.3863 million SLC per square kilometre | 0.222 million SLC per square kilometre |
| 2010 | -33.4% | 0.222 million SLC per square kilometre | 0.1478 million SLC per square kilometre |
| 2006 | +49.5% | 0.2356 million SLC per square kilometre | 0.3521 million SLC per square kilometre |
| 2005 | +48.9% | 0.1582 million SLC per square kilometre | 0.2356 million SLC per square kilometre |
| 2004 | +46.5% | 0.108 million SLC per square kilometre | 0.1582 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0056 million SLC per square kilometre | 0.0031 million SLC per square kilometre | 0.0091 million SLC per square kilometre | 10 |
| 1980s | 0.0185 million SLC per square kilometre | 0.0102 million SLC per square kilometre | 0.0302 million SLC per square kilometre | 10 |
| 1990s | 0.06 million SLC per square kilometre | 0.0344 million SLC per square kilometre | 0.0979 million SLC per square kilometre | 10 |
| 2000s | 0.2116 million SLC per square kilometre | 0.0884 million SLC per square kilometre | 0.3863 million SLC per square kilometre | 10 |
| 2010s | 0.1577 million SLC per square kilometre | 0.1112 million SLC per square kilometre | 0.2067 million SLC per square kilometre | 10 |
| 2020s | 0.1984 million SLC per square kilometre | 0.1593 million SLC per square kilometre | 0.2418 million SLC per square kilometre | 4 |
Countries ranked near Turks and Caicos Islands
- 159 Greece 0.2662 million SLC per square kilometre compare
- 160 Estonia 0.2496 million SLC per square kilometre compare
- 161 Georgia 0.2479 million SLC per square kilometre compare
- 163 Belarus 0.2326 million SLC per square kilometre compare
- 164 Palau 0.226 million SLC per square kilometre compare
- 165 Turkmenistan 0.221 million SLC per square kilometre 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 0.2418 million SLC per square kilometre in 2023, 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 0.3863 million SLC per square kilometre in 2008.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Turks and Caicos Islands?
- The lowest recorded value was 0.0031 million SLC per square kilometre in 1970.
- How does Turks and Caicos Islands rank for gross fixed capital formation — value standard local currency, per?
- Turks and Caicos Islands ranks 162nd out of 194 countries with data for 2023.
- 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 78.3%. 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 square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.