Net primary income (Net income from abroad) (current LCU) in Turks and Caicos Islands
Turks and Caicos Islands: Net primary income (Net income from abroad) (current LCU) was -23.50 million current LCU in 2024. ◆ Volatile
Net primary income (Net income from abroad) in Turks and Caicos Islands, 2000–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for net primary income (net income from abroad) in Turks and Caicos Islands is -23.50 million current LCU, measured in 2024.
The figure is down 939.3% on the previous year and up 54.4% over ten years.
Over the whole period, net primary income (net income from abroad) in Turks and Caicos Islands peaked at 5.20 million current LCU in 2021 and was at its lowest, -63.00 million current LCU, in 2015.
That places Turks and Caicos Islands 56th out of 209 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.
Net primary income (Net income from abroad) (current LCU) in Turks and Caicos Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2000 | 0 current LCU | — |
| 2014 | -51.50 million current LCU | — |
| 2015 | -63.00 million current LCU | +22.3% |
| 2016 | -41.10 million current LCU | -34.8% |
| 2017 | 2.10 million current LCU | -105.1% |
| 2018 | -2.80 million current LCU | -233.3% |
| 2019 | -28.00 million current LCU | +900.0% |
| 2020 | 300,000 current LCU | -101.1% |
| 2021 | 5.20 million current LCU | +1633.3% |
| 2022 | -16.20 million current LCU | -411.5% |
| 2023 | 2.80 million current LCU | -117.3% |
| 2024 | -23.50 million current LCU | -939.3% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's -23.50 million current LCU is above the median for high income countries, which is -980.39 million current LCU, 2% of the median. (77 countries reporting)
- Turks and Caicos Islands's -23.50 million current LCU is above the median for Latin America & Caribbean, which is -4.90 billion current LCU, 0% of the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0 current LCU | 0 current LCU | 0 current LCU | 1 |
| 2010s | -30.72 million current LCU | -63.00 million current LCU | 2.10 million current LCU | 6 |
| 2020s | -6.28 million current LCU | -23.50 million current LCU | 5.20 million current LCU | 5 |
Countries ranked near Turks and Caicos Islands
- 53 Palau 6.40 million current LCU compare
- 54 Bosnia and Herzegovina 324,300 current LCU compare
- 55 Samoa -5.80 million current LCU compare
- 57 Saint Kitts and Nevis -29.97 million current LCU compare
- 58 Dominica -49.97 million current LCU compare
- 59 Saint Vincent and the Grenadines -67.64 million current LCU compare
More economy & growth data for Turks and Caicos Islands
- Industry (including construction), value added (constant LCU), annual 9.05 % 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)
- Industry (including construction), value added (constant 2015 US$) 6,332 constant 2015 US$ per person (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 2015 US$), annual growth rate 5.64 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.0913 constant LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), per unit of GDP 1.52 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is net primary income (net income from abroad) in Turks and Caicos Islands?
- Net primary income (net income from abroad) in Turks and Caicos Islands was -23.50 million current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net primary income (net income from abroad) recorded in Turks and Caicos Islands?
- The highest recorded value was 5.20 million current LCU in 2021.
- What is the lowest net primary income (net income from abroad) recorded in Turks and Caicos Islands?
- The lowest recorded value was -63.00 million current LCU in 2015.
- How does Turks and Caicos Islands rank for net primary income (net income from abroad)?
- Turks and Caicos Islands ranks 56th out of 209 countries with data for 2024.
- Is net primary income (net income from abroad) rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 54.4%. The long-run trend across the full record is volatile.
- Where does this Turks and Caicos Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net primary income (Net income from abroad) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.