Net secondary income (Net current transfers from abroad) in Turks and Caicos Islands
Turks and Caicos Islands: Net secondary income (Net current transfers from abroad) was -108.50 million current US$ in 2024. ▼ Falling
Net secondary income (Net current transfers from abroad) in Turks and Caicos Islands, 2014–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, net secondary income (net current transfers from abroad) in Turks and Caicos Islands stood at -108.50 million current US$. That is the lowest value across all 11 years on record.
That represents a change of down 12.9% on the previous year and down 116.1% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Turks and Caicos Islands peaked at -48.40 million current US$ in 2015 and was at its lowest, -108.50 million current US$, in 2024.
That places Turks and Caicos Islands 151st out of 202 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 11 years of available data.
Net secondary income (Net current transfers from abroad) in Turks and Caicos Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2014 | -50.20 million current US$ | — |
| 2015 | -48.40 million current US$ | -3.6% |
| 2016 | -59.10 million current US$ | +22.1% |
| 2017 | -66.60 million current US$ | +12.7% |
| 2018 | -84.50 million current US$ | +26.9% |
| 2019 | -90.30 million current US$ | +6.9% |
| 2020 | -84.00 million current US$ | -7.0% |
| 2021 | -67.20 million current US$ | -20.0% |
| 2022 | -84.80 million current US$ | +26.2% |
| 2023 | -96.10 million current US$ | +13.3% |
| 2024 | -108.50 million current US$ | +12.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -66.52 million current US$ | -90.30 million current US$ | -48.40 million current US$ | 6 |
| 2020s | -88.12 million current US$ | -108.50 million current US$ | -67.20 million current US$ | 5 |
Countries ranked near Turks and Caicos Islands
- 148 Aruba -79.90 million current US$ compare
- 149 Sint Maarten (Dutch part) -97.99 million current US$ compare
- 150 Antigua and Barbuda -105.78 million current US$ compare
- 152 Kazakhstan -168.39 million current US$ compare
- 153 Panama -218.83 million current US$ compare
- 154 Bermuda -229.00 million current US$ compare
More economy & growth data for Turks and Caicos Islands
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2024)
- GDP (current US$), per capita 37,507 current US$ per person (2024)
- GDP (current LCU), annual growth rate 6.51 % change on previous year (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- GDP (current LCU), per capita 37,507 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)
- Taxes less subsidies on products (current LCU), annual growth rate 13.69 % change on previous year (2024)
- GDP (constant 2015 US$), per unit of GDP 1.52 constant 2015 US$ per US$ of GDP (2024)
- GDP (current US$), annual growth rate 6.51 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per capita 6,630 current LCU per person (2024)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Turks and Caicos Islands?
- Net secondary income (net current transfers from abroad) in Turks and Caicos Islands was -108.50 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Turks and Caicos Islands?
- The highest recorded value was -48.40 million current US$ in 2015.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Turks and Caicos Islands?
- The lowest recorded value was -108.50 million current US$ in 2024.
- How does Turks and Caicos Islands rank for net secondary income (net current transfers from abroad)?
- Turks and Caicos Islands ranks 151st out of 202 countries with data for 2024.
- Is net secondary income (net current transfers from abroad) rising or falling in Turks and Caicos Islands?
- Over the last ten years it is down 116.1%. The long-run trend across the full record is falling.
- 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 secondary income (Net current transfers from abroad) (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.