Manufacturing, value added (current LCU), annual growth rate in Turks and Caicos Islands
Turks and Caicos Islands: Manufacturing, value added (current LCU), annual growth rate was 1.5 % change on previous year in 2024. ◆ Volatile
Manufacturing, value added (current LCU), annual growth rate in Turks and Caicos Islands, 2001–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for manufacturing, value added (current lcu), annual growth rate in Turks and Caicos Islands is 1.5 % change on previous year, measured in 2024.
The figure is up 118.3% on the previous year and down 81.9% over ten years.
Over the whole period, manufacturing, value added (current lcu), annual growth rate in Turks and Caicos Islands peaked at 29.51 % change on previous year in 2021 and was at its lowest, -35.89 % change on previous year, in 2010.
That places Turks and Caicos Islands 155th out of 203 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (current LCU), annual growth rate in Turks and Caicos Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | -1.86 % change on previous year | — |
| 2002 | -2.67 % change on previous year | +43.5% |
| 2003 | 9.62 % change on previous year | -460.4% |
| 2004 | -0.3611 % change on previous year | -103.8% |
| 2005 | 5.28 % change on previous year | -1562.6% |
| 2006 | 4.3 % change on previous year | -18.5% |
| 2007 | 16.68 % change on previous year | +287.6% |
| 2008 | -5.55 % change on previous year | -133.3% |
| 2009 | -1.92 % change on previous year | -65.4% |
| 2010 | -35.89 % change on previous year | +1768.6% |
| 2011 | -17.39 % change on previous year | -51.6% |
| 2012 | -30.12 % change on previous year | +73.2% |
| 2013 | 12.58 % change on previous year | -141.8% |
| 2014 | 8.28 % change on previous year | -34.2% |
| 2015 | 4.94 % change on previous year | -40.4% |
| 2016 | 0.2045 % change on previous year | -95.9% |
| 2017 | -1.95 % change on previous year | -1051.9% |
| 2018 | -2.93 % change on previous year | +50.5% |
| 2019 | -10.87 % change on previous year | +271.0% |
| 2020 | -7.62 % change on previous year | -29.9% |
| 2021 | 29.51 % change on previous year | -487.0% |
| 2022 | 29.45 % change on previous year | -0.2% |
| 2023 | -8.16 % change on previous year | -127.7% |
| 2024 | 1.5 % change on previous year | -118.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.61 % change on previous year | -5.55 % change on previous year | 16.68 % change on previous year | 9 |
| 2010s | -7.32 % change on previous year | -35.89 % change on previous year | 12.58 % change on previous year | 10 |
| 2020s | 8.93 % change on previous year | -8.16 % change on previous year | 29.51 % change on previous year | 5 |
Countries ranked near Turks and Caicos Islands
- 152 Portugal 1.79 % change on previous year compare
- 153 Finland 1.73 % change on previous year compare
- 154 Panama 1.56 % change on previous year compare
- 156 Bermuda 1.34 % change on previous year compare
- 157 United Kingdom of Great Britain and Northern Ireland 1.23 % change on previous year compare
- 158 France 1.17 % change on previous year compare
More economy & growth data for Turks and Caicos Islands
- Gross value added at basic prices (GVA) (constant LCU), per capita 29,831 constant LCU per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 5.54 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per capita 6,630 current LCU per person (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1768 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)
- Taxes less subsidies on products (current LCU), annual growth rate 13.69 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1768 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), annual growth rate 13.69 % change on previous year (2024)
- GDP (current US$), annual growth rate 6.51 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 50,305 constant 2015 US$ per person (2024)
Frequently asked questions
- What is manufacturing, value added (current lcu), annual growth rate in Turks and Caicos Islands?
- Manufacturing, value added (current lcu), annual growth rate in Turks and Caicos Islands was 1.5 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (current lcu), annual growth rate recorded in Turks and Caicos Islands?
- The highest recorded value was 29.51 % change on previous year in 2021.
- What is the lowest manufacturing, value added (current lcu), annual growth rate recorded in Turks and Caicos Islands?
- The lowest recorded value was -35.89 % change on previous year in 2010.
- How does Turks and Caicos Islands rank for manufacturing, value added (current lcu), annual growth rate?
- Turks and Caicos Islands ranks 155th out of 203 countries with data for 2024.
- Is manufacturing, value added (current lcu), annual growth rate rising or falling in Turks and Caicos Islands?
- Over the last ten years it is down 81.9%. 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 Manufacturing, value added (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 24 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 Manufacturing, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Manufacturing, value added 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 Manufacturing, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.