Manufacturing value added to gdp, annual growth rate in Turks and Caicos Islands
Turks and Caicos Islands: Manufacturing value added to gdp, annual growth rate was -4.71 % change on previous year in 2024. ◆ Volatile
Manufacturing value added to gdp, annual growth rate in Turks and Caicos Islands, 2001–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, manufacturing value added to gdp, annual growth rate in Turks and Caicos Islands stood at -4.71 % change on previous year.
The figure is up 76.0% on the previous year and down 106.4% over ten years.
Over the whole period, manufacturing value added to gdp, annual growth rate in Turks and Caicos Islands peaked at 37.99 % change on previous year in 2020 and was at its lowest, -34.36 % change on previous year, in 2010.
That places Turks and Caicos Islands 151st out of 202 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.
Manufacturing value added to gdp, annual growth rate in Turks and Caicos Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2001 | -12.61 % change on previous year | — |
| 2002 | -4.78 % change on previous year | -62.1% |
| 2003 | -1.9 % change on previous year | -60.3% |
| 2004 | -15.92 % change on previous year | +739.0% |
| 2005 | -11.65 % change on previous year | -26.8% |
| 2006 | -16.39 % change on previous year | +40.7% |
| 2007 | 8.9 % change on previous year | -154.3% |
| 2008 | -15.32 % change on previous year | -272.1% |
| 2009 | 20.33 % change on previous year | -232.7% |
| 2010 | -34.36 % change on previous year | -269.0% |
| 2011 | -32.69 % change on previous year | -4.9% |
| 2012 | -29.27 % change on previous year | -10.5% |
| 2013 | 8.6 % change on previous year | -129.4% |
| 2014 | -2.28 % change on previous year | -126.5% |
| 2015 | -6.9 % change on previous year | +202.5% |
| 2016 | -10.12 % change on previous year | +46.5% |
| 2017 | -1.61 % change on previous year | -84.1% |
| 2018 | -11.52 % change on previous year | +616.0% |
| 2019 | -14.61 % change on previous year | +26.7% |
| 2020 | 37.99 % change on previous year | -360.1% |
| 2021 | -3.81 % change on previous year | -110.0% |
| 2022 | 11.61 % change on previous year | -404.9% |
| 2023 | -19.62 % change on previous year | -269.0% |
| 2024 | -4.71 % change on previous year | -76.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.48 % change on previous year | -16.39 % change on previous year | 20.33 % change on previous year | 9 |
| 2010s | -13.48 % change on previous year | -34.36 % change on previous year | 8.6 % change on previous year | 10 |
| 2020s | 4.29 % change on previous year | -19.62 % change on previous year | 37.99 % change on previous year | 5 |
Countries ranked near Turks and Caicos Islands
- 148 Hungary -4.51 % change on previous year compare
- 149 Serbia -4.54 % change on previous year compare
- 150 Nigeria -4.62 % change on previous year compare
- 152 Sweden -4.71 % change on previous year compare
- 153 Iran, Islamic Republic of -4.76 % change on previous year compare
- 154 Côte d'Ivoire -4.89 % change on previous year compare
More economy & growth data for Turks and Caicos Islands
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8232 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 5.54 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 50,305 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 1.34 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.54 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 30,877 current LCU per person (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8232 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.09 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 30,877 current US$ per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 5.11 % change on previous year (2024)
Frequently asked questions
- What is manufacturing value added to gdp, annual growth rate in Turks and Caicos Islands?
- Manufacturing value added to gdp, annual growth rate in Turks and Caicos Islands was -4.71 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest manufacturing value added to gdp, annual growth rate recorded in Turks and Caicos Islands?
- The highest recorded value was 37.99 % change on previous year in 2020.
- What is the lowest manufacturing value added to gdp, annual growth rate recorded in Turks and Caicos Islands?
- The lowest recorded value was -34.36 % change on previous year in 2010.
- How does Turks and Caicos Islands rank for manufacturing value added to gdp, annual growth rate?
- Turks and Caicos Islands ranks 151st out of 202 countries with data for 2024.
- Is manufacturing value added to gdp, annual growth rate rising or falling in Turks and Caicos Islands?
- Over the last ten years it is down 106.4%. 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 to gdp, 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 to gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Share of manufacturing in gross domestic product (GDP) National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
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 to gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.