Gross value added at basic prices (GVA) (constant 2015) … capita 2015 in Turks and Caicos Islands
Turks and Caicos Islands: Gross value added at basic prices (GVA) (constant 2015) … capita 2015 was 50,305 constant 2015 US$ per person in 2024. ▲ Rising
Gross value added at basic prices (GVA) (constant 2015 US$), per in Turks and Caicos Islands, 2007–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per person.
Analysis
Turks and Caicos Islands recorded 50,305 constant 2015 US$ per person for gross value added at basic prices (gva) (constant 2015 us$), per in 2024. That is the highest value across all 18 years on record.
The figure is up 4.8% on the previous year and up 114.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant 2015 us$), per in Turks and Caicos Islands peaked at 50,305 constant 2015 US$ per person in 2024 and was at its lowest, 22,960 constant 2015 US$ per person, in 2013.
That places Turks and Caicos Islands 14th out of 193 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 18 years of available data.
Gross value added at basic prices (GVA) (constant 2015) … capita 2015 in Turks and Caicos Islands, year by year
| Year | constant 2015 US$ per person | Change |
|---|---|---|
| 2007 | 32,979 constant 2015 US$ per person | — |
| 2008 | 35,088 constant 2015 US$ per person | +6.4% |
| 2009 | 26,722 constant 2015 US$ per person | -23.8% |
| 2010 | 25,728 constant 2015 US$ per person | -3.7% |
| 2011 | 25,980 constant 2015 US$ per person | +1.0% |
| 2012 | 23,705 constant 2015 US$ per person | -8.8% |
| 2013 | 22,960 constant 2015 US$ per person | -3.1% |
| 2014 | 23,471 constant 2015 US$ per person | +2.2% |
| 2015 | 24,743 constant 2015 US$ per person | +5.4% |
| 2016 | 25,730 constant 2015 US$ per person | +4.0% |
| 2017 | 44,323 constant 2015 US$ per person | +72.3% |
| 2018 | 45,448 constant 2015 US$ per person | +2.5% |
| 2019 | 45,978 constant 2015 US$ per person | +1.2% |
| 2020 | 29,544 constant 2015 US$ per person | -35.7% |
| 2021 | 37,606 constant 2015 US$ per person | +27.3% |
| 2022 | 42,359 constant 2015 US$ per person | +12.6% |
| 2023 | 48,012 constant 2015 US$ per person | +13.3% |
| 2024 | 50,305 constant 2015 US$ per person | +4.8% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's 50,305 constant 2015 US$ per person is above the median for high income countries, which is 31,252 constant 2015 US$ per person, 1.6× the median. (69 countries reporting)
- Turks and Caicos Islands's 50,305 constant 2015 US$ per person is above the median for Latin America & Caribbean, which is 8,593 constant 2015 US$ per person, 5.9× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) (constant 2015) … capita 2015 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 |
|---|---|---|---|
| 2017 | +72.3% | 25,730 constant 2015 US$ per person | 44,323 constant 2015 US$ per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 31,596 constant 2015 US$ per person | 26,722 constant 2015 US$ per person | 35,088 constant 2015 US$ per person | 3 |
| 2010s | 30,807 constant 2015 US$ per person | 22,960 constant 2015 US$ per person | 45,978 constant 2015 US$ per person | 10 |
| 2020s | 41,565 constant 2015 US$ per person | 29,544 constant 2015 US$ per person | 50,305 constant 2015 US$ per person | 5 |
Countries ranked near Turks and Caicos Islands
- 11 Australia 57,404 constant 2015 US$ per person compare
- 12 Denmark 54,897 constant 2015 US$ per person compare
- 13 Iceland 52,920 constant 2015 US$ per person compare
- 15 Greenland 49,674 constant 2015 US$ per person compare
- 16 Sweden 49,088 constant 2015 US$ per person compare
- 17 San Marino 47,565 constant 2015 US$ per person compare
More economy & growth data for Turks and Caicos Islands
- Industry (including construction), value added (current US$), annual 4.89 % change on previous year (2024)
- GDP (constant LCU), annual growth rate 5.64 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 57,179 constant 2015 US$ per person (2024)
- GDP (constant 2015 US$), per unit of GDP 1.52 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant LCU), per capita 150.64 constant LCU per person (2024)
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2024)
- GDP (current LCU), per capita 37,507 current LCU per person (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.7953 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 29,831 constant LCU per person (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant 2015 us$), per in Turks and Caicos Islands?
- Gross value added at basic prices (gva) (constant 2015 us$), per in Turks and Caicos Islands was 50,305 constant 2015 US$ per person in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Turks and Caicos Islands?
- The highest recorded value was 50,305 constant 2015 US$ per person in 2024.
- What is the lowest gross value added at basic prices (gva) (constant 2015 us$), per recorded in Turks and Caicos Islands?
- The lowest recorded value was 22,960 constant 2015 US$ per person in 2013.
- How does Turks and Caicos Islands rank for gross value added at basic prices (gva) (constant 2015 us$), per?
- Turks and Caicos Islands ranks 14th out of 193 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant 2015 us$), per rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 114.3%. The long-run trend across the full record is rising.
- Where does this Turks and Caicos Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant 2015 US$), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant 2015 US$) ÷ Population, total
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (constant 2015 US$) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.