Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Turks and Caicos Islands
Turks and Caicos Islands: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth was 2.67 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Turks and Caicos Islands, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices, annual growth in Turks and Caicos Islands is 2.67 % change on previous year, measured in 2024.
That represents a change of up 127.0% on the previous year and up 70.8% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, annual growth in Turks and Caicos Islands peaked at 42.89 % change on previous year in 2005 and was at its lowest, -43.29 % change on previous year, in 2009.
That places Turks and Caicos Islands 126th out of 235 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Turks and Caicos Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 12.65 % change on previous year | — |
| 1972 | 12.65 % change on previous year | -0.0% |
| 1973 | 12.65 % change on previous year | -0.0% |
| 1974 | 12.65 % change on previous year | +0.0% |
| 1975 | 12.66 % change on previous year | +0.1% |
| 1976 | 12.66 % change on previous year | -0.0% |
| 1977 | 12.63 % change on previous year | -0.3% |
| 1978 | 12.63 % change on previous year | -0.0% |
| 1979 | 12.67 % change on previous year | +0.3% |
| 1980 | 12.74 % change on previous year | +0.5% |
| 1981 | 12.66 % change on previous year | -0.6% |
| 1982 | 12.44 % change on previous year | -1.7% |
| 1983 | 12.62 % change on previous year | +1.5% |
| 1984 | 12.89 % change on previous year | +2.1% |
| 1985 | 13.07 % change on previous year | +1.5% |
| 1986 | 12.27 % change on previous year | -6.1% |
| 1987 | 11.35 % change on previous year | -7.6% |
| 1988 | 13.56 % change on previous year | +19.5% |
| 1989 | 14.19 % change on previous year | +4.7% |
| 1990 | 14 % change on previous year | -1.4% |
| 1991 | 8.38 % change on previous year | -40.1% |
| 1992 | 6.66 % change on previous year | -20.5% |
| 1993 | 25.42 % change on previous year | +282.0% |
| 1994 | 17.23 % change on previous year | -32.2% |
| 1995 | 12.97 % change on previous year | -24.7% |
| 1996 | -17.56 % change on previous year | -235.4% |
| 1997 | 33.38 % change on previous year | -290.0% |
| 1998 | 23.66 % change on previous year | -29.1% |
| 1999 | 9.04 % change on previous year | -61.8% |
| 2000 | -9.63 % change on previous year | -206.4% |
| 2001 | 10.73 % change on previous year | -211.5% |
| 2002 | 27.61 % change on previous year | +157.3% |
| 2003 | 18.76 % change on previous year | -32.1% |
| 2004 | 37.74 % change on previous year | +101.1% |
| 2005 | 42.89 % change on previous year | +13.7% |
| 2006 | 41.24 % change on previous year | -3.8% |
| 2007 | 5.92 % change on previous year | -85.6% |
| 2008 | -0.8588 % change on previous year | -114.5% |
| 2009 | -43.29 % change on previous year | +4941.3% |
| 2010 | -31.14 % change on previous year | -28.1% |
| 2011 | -25.85 % change on previous year | -17.0% |
| 2012 | 9.43 % change on previous year | -136.5% |
| 2013 | 5.94 % change on previous year | -37.0% |
| 2014 | 1.56 % change on previous year | -73.7% |
| 2015 | 14.71 % change on previous year | +842.8% |
| 2016 | 7.58 % change on previous year | -48.5% |
| 2017 | -3.65 % change on previous year | -148.1% |
| 2018 | 6.35 % change on previous year | -274.1% |
| 2019 | 5.26 % change on previous year | -17.2% |
| 2020 | -26.92 % change on previous year | -612.2% |
| 2021 | 9.19 % change on previous year | -134.1% |
| 2022 | 6.16 % change on previous year | -32.9% |
| 2023 | 1.17 % change on previous year | -80.9% |
| 2024 | 2.67 % change on previous year | +127.0% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 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 | -4941.3% | -0.8588 % change on previous year | -43.29 % change on previous year |
| 2015 | +842.8% | 1.56 % change on previous year | 14.71 % change on previous year |
| 2020 | -612.2% | 5.26 % change on previous year | -26.92 % change on previous year |
| 1997 | +290.0% | -17.56 % change on previous year | 33.38 % change on previous year |
| 1993 | +282.0% | 6.66 % change on previous year | 25.42 % change on previous year |
| 2018 | +274.1% | -3.65 % change on previous year | 6.35 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.65 % change on previous year | 12.63 % change on previous year | 12.67 % change on previous year | 9 |
| 1980s | 12.78 % change on previous year | 11.35 % change on previous year | 14.19 % change on previous year | 10 |
| 1990s | 13.32 % change on previous year | -17.56 % change on previous year | 33.38 % change on previous year | 10 |
| 2000s | 13.11 % change on previous year | -43.29 % change on previous year | 42.89 % change on previous year | 10 |
| 2010s | -0.9816 % change on previous year | -31.14 % change on previous year | 14.71 % change on previous year | 10 |
| 2020s | -1.55 % change on previous year | -26.92 % change on previous year | 9.19 % change on previous year | 5 |
Countries ranked near Turks and Caicos Islands
- 123 Malawi 2.83 % change on previous year compare
- 124 Senegal 2.79 % change on previous year compare
- 125 Denmark 2.67 % change on previous year compare
- 127 Togo 2.65 % change on previous year compare
- 128 Belize 2.62 % change on previous year compare
- 129 Greenland 2.57 % change on previous year 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 us$, 2015 prices, annual growth in Turks and Caicos Islands?
- Gross fixed capital formation — value us$, 2015 prices, annual growth in Turks and Caicos Islands was 2.67 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Turks and Caicos Islands?
- The highest recorded value was 42.89 % change on previous year in 2005.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Turks and Caicos Islands?
- The lowest recorded value was -43.29 % change on previous year in 2009.
- How does Turks and Caicos Islands rank for gross fixed capital formation — value us$, 2015 prices, annual growth?
- Turks and Caicos Islands ranks 126th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices, annual growth rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 70.8%. 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 US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.