Gross value added at basic prices (GVA) (current US$), annual growth in Turks and Caicos Islands
Turks and Caicos Islands: Gross value added at basic prices (GVA) (current US$), annual growth was 5.09 % change on previous year in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (current US$), annual growth in Turks and Caicos Islands, 2002–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Turks and Caicos Islands recorded 5.09 % change on previous year for gross value added at basic prices (gva) (current us$), annual growth in 2024.
The figure is down 66.0% on the previous year and down 38.8% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Turks and Caicos Islands peaked at 30.26 % change on previous year in 2021 and was at its lowest, -33.18 % change on previous year, in 2020.
That places Turks and Caicos Islands 150th out of 205 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$), annual growth in Turks and Caicos Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | 0.776 % change on previous year | — |
| 2003 | 10.96 % change on previous year | +1312.7% |
| 2004 | 18.72 % change on previous year | +70.8% |
| 2005 | 17.45 % change on previous year | -6.8% |
| 2006 | 23.56 % change on previous year | +35.0% |
| 2007 | 7.36 % change on previous year | -68.7% |
| 2008 | 14.42 % change on previous year | +95.9% |
| 2009 | -19.57 % change on previous year | -235.7% |
| 2010 | -3.13 % change on previous year | -84.0% |
| 2011 | 24.78 % change on previous year | -891.1% |
| 2012 | -2.28 % change on previous year | -109.2% |
| 2013 | 3.92 % change on previous year | -271.7% |
| 2014 | 8.31 % change on previous year | +112.2% |
| 2015 | 11.81 % change on previous year | +42.1% |
| 2016 | 13.23 % change on previous year | +12.0% |
| 2017 | -0.04 % change on previous year | -100.3% |
| 2018 | 9.26 % change on previous year | -23258.1% |
| 2019 | 6.81 % change on previous year | -26.4% |
| 2020 | -33.18 % change on previous year | -587.0% |
| 2021 | 30.26 % change on previous year | -191.2% |
| 2022 | 14.2 % change on previous year | -53.1% |
| 2023 | 14.98 % change on previous year | +5.5% |
| 2024 | 5.09 % change on previous year | -66.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.21 % change on previous year | -19.57 % change on previous year | 23.56 % change on previous year | 8 |
| 2010s | 7.27 % change on previous year | -3.13 % change on previous year | 24.78 % change on previous year | 10 |
| 2020s | 6.27 % change on previous year | -33.18 % change on previous year | 30.26 % change on previous year | 5 |
Countries ranked near Turks and Caicos Islands
- 147 Belize 5.31 % change on previous year compare
- 148 New Caledonia 5.27 % change on previous year compare
- 149 India 5.26 % change on previous year compare
- 151 Singapore 5.03 % change on previous year compare
- 152 Israel 4.94 % change on previous year compare
- 153 Kazakhstan 4.9 % change on previous year compare
More economy & growth data for Turks and Caicos Islands
- GDP (constant LCU), per capita 34,867 constant LCU per person (2024)
- GNI (current US$), per unit of GDP 0.9865 current US$ per US$ of GDP (2024)
- GNI (current US$), annual growth rate 4.9 % change on previous year (2024)
- GNI, Atlas method (current US$), 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)
- GNI, Atlas method (current US$), annual growth rate 2.69 % change on previous year (2024)
- Gdp worldbank constant usd, annual growth rate 5.64 % change on previous year (2024)
- GDP (constant LCU), per unit of GDP 0.9296 constant LCU per US$ of GDP (2024)
- GDP (constant LCU), annual growth rate 5.64 % change on previous year (2024)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in Turks and Caicos Islands?
- Gross value added at basic prices (gva) (current us$), annual growth in Turks and Caicos Islands was 5.09 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Turks and Caicos Islands?
- The highest recorded value was 30.26 % change on previous year in 2021.
- What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Turks and Caicos Islands?
- The lowest recorded value was -33.18 % change on previous year in 2020.
- How does Turks and Caicos Islands rank for gross value added at basic prices (gva) (current us$), annual growth?
- Turks and Caicos Islands ranks 150th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Turks and Caicos Islands?
- Over the last ten years it is down 38.8%. 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 value added at basic prices (GVA) (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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 value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.