Gross value added at basic prices (GVA) (current US$), per unit of GDP in Turks and Caicos Islands
Turks and Caicos Islands: Gross value added at basic prices (GVA) (current US$), per unit of GDP was 0.8232 current US$ per US$ of GDP in 2024. ▬ Flat
Gross value added at basic prices (GVA) (current US$), per unit of GDP in Turks and Caicos Islands, 2001–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, gross value added at basic prices (gva) (current us$), per unit of gdp in Turks and Caicos Islands stood at 0.8232 current US$ per US$ of GDP. That is the lowest value across all 24 years on record.
That represents a change of down 1.3% on the previous year and down 2.8% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), per unit of gdp in Turks and Caicos Islands peaked at 0.8923 current US$ per US$ of GDP in 2001 and was at its lowest, 0.8232 current US$ per US$ of GDP, in 2024.
That places Turks and Caicos Islands 197th out of 205 countries with data for 2024, putting it in the bottom quarter.
Gross value added at basic prices (GVA) (current US$), per unit of GDP in Turks and Caicos Islands, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2001 | 0.8923 current US$ per US$ of GDP | — |
| 2002 | 0.8797 current US$ per US$ of GDP | -1.4% |
| 2003 | 0.8736 current US$ per US$ of GDP | -0.7% |
| 2004 | 0.8751 current US$ per US$ of GDP | +0.2% |
| 2005 | 0.8626 current US$ per US$ of GDP | -1.4% |
| 2006 | 0.8543 current US$ per US$ of GDP | -1.0% |
| 2007 | 0.856 current US$ per US$ of GDP | +0.2% |
| 2008 | 0.8782 current US$ per US$ of GDP | +2.6% |
| 2009 | 0.8665 current US$ per US$ of GDP | -1.3% |
| 2010 | 0.8594 current US$ per US$ of GDP | -0.8% |
| 2011 | 0.8737 current US$ per US$ of GDP | +1.7% |
| 2012 | 0.8641 current US$ per US$ of GDP | -1.1% |
| 2013 | 0.8663 current US$ per US$ of GDP | +0.2% |
| 2014 | 0.8468 current US$ per US$ of GDP | -2.2% |
| 2015 | 0.84 current US$ per US$ of GDP | -0.8% |
| 2016 | 0.8531 current US$ per US$ of GDP | +1.6% |
| 2017 | 0.8557 current US$ per US$ of GDP | +0.3% |
| 2018 | 0.8522 current US$ per US$ of GDP | -0.4% |
| 2019 | 0.8721 current US$ per US$ of GDP | +2.3% |
| 2020 | 0.8704 current US$ per US$ of GDP | -0.2% |
| 2021 | 0.8421 current US$ per US$ of GDP | -3.3% |
| 2022 | 0.8292 current US$ per US$ of GDP | -1.5% |
| 2023 | 0.8344 current US$ per US$ of GDP | +0.6% |
| 2024 | 0.8232 current US$ per US$ of GDP | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.8709 current US$ per US$ of GDP | 0.8543 current US$ per US$ of GDP | 0.8923 current US$ per US$ of GDP | 9 |
| 2010s | 0.8583 current US$ per US$ of GDP | 0.84 current US$ per US$ of GDP | 0.8737 current US$ per US$ of GDP | 10 |
| 2020s | 0.8399 current US$ per US$ of GDP | 0.8232 current US$ per US$ of GDP | 0.8704 current US$ per US$ of GDP | 5 |
Countries ranked near Turks and Caicos Islands
- 194 Bosnia and Herzegovina 0.8359 current US$ per US$ of GDP compare
- 195 Dominica 0.8344 current US$ per US$ of GDP compare
- 196 Croatia 0.8271 current US$ per US$ of GDP compare
- 198 Grenada 0.8216 current US$ per US$ of GDP compare
- 199 Palestine 0.8198 current US$ per US$ of GDP compare
- 200 Tanzania 0.8145 current US$ per US$ of GDP compare
More economy & growth data for Turks and Caicos Islands
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2024)
- GNI, Atlas method (current US$), 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 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)
- GDP (current US$), annual growth rate 6.51 % change on previous year (2024)
- GDP (current US$), per capita 37,507 current US$ per person (2024)
- GDP (current LCU), annual growth rate 6.51 % change on previous year (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), per unit of gdp in Turks and Caicos Islands?
- Gross value added at basic prices (gva) (current us$), per unit of gdp in Turks and Caicos Islands was 0.8232 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Turks and Caicos Islands?
- The highest recorded value was 0.8923 current US$ per US$ of GDP in 2001.
- What is the lowest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Turks and Caicos Islands?
- The lowest recorded value was 0.8232 current US$ per US$ of GDP in 2024.
- How does Turks and Caicos Islands rank for gross value added at basic prices (gva) (current us$), per unit of gdp?
- Turks and Caicos Islands ranks 197th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current us$), per unit of gdp rising or falling in Turks and Caicos Islands?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is flat.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.