Manufacturing, value added (current US$), annual growth rate in Turks and Caicos Islands
Turks and Caicos Islands: Manufacturing, value added (current US$), annual growth rate was 1.5 % change on previous year in 2024. ◆ Volatile
Manufacturing, value added (current US$), annual growth rate in Turks and Caicos Islands, 2002–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, manufacturing, value added (current us$), annual growth rate in Turks and Caicos Islands stood at 1.5 % change on previous year.
That represents a change of up 118.3% on the previous year and down 81.9% over ten years.
Over the whole period, manufacturing, value added (current us$), annual growth rate in Turks and Caicos Islands peaked at 29.51 % change on previous year in 2021 and was at its lowest, -35.89 % change on previous year, in 2010.
Turks and Caicos Islands ranks 155th of 203 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (current US$), annual growth rate in Turks and Caicos Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | -2.67 % change on previous year | — |
| 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 | 3.17 % change on previous year | -5.55 % change on previous year | 16.68 % change on previous year | 8 |
| 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 South Africa 1.97 % change on previous year compare
- 153 Luxembourg 1.88 % change on previous year compare
- 154 Panama 1.56 % change on previous year compare
- 156 Brazil 1.39 % change on previous year compare
- 157 Bermuda 1.34 % change on previous year compare
- 158 Australia 1.23 % change on previous year compare
More economy & growth data for Turks and Caicos Islands
- GNI (current LCU), per capita 37,002 current LCU per person (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1768 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8232 current LCU per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), annual growth rate 13.69 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual -939.29 % change on previous year (2024)
- Net primary income (Net income from abroad) (current US$), annual -939.29 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 30,877 current LCU per person (2024)
- GNI (current US$), per capita 37,002 current US$ per person (2024)
- GNI (current LCU), annual growth rate 4.9 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per capita 6,630 current US$ per person (2024)
Frequently asked questions
- What is manufacturing, value added (current us$), annual growth rate in Turks and Caicos Islands?
- Manufacturing, value added (current us$), 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 us$), annual growth rate recorded in Turks and Caicos Islands?
- The highest recorded value was 29.51 % change on previous year in 2021.
- What is the lowest manufacturing, value added (current us$), 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 us$), annual growth rate?
- Turks and Caicos Islands ranks 155th out of 203 countries with data for 2024.
- Is manufacturing, value added (current us$), 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Manufacturing, value added (current US$). 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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.