Personal remittances, received in Turks and Caicos Islands
Turks and Caicos Islands: Personal remittances, received was 0.6% in 2018. ▼ Falling
Personal remittances, received in Turks and Caicos Islands, 2014–2018
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
In 2018, personal remittances, received in Turks and Caicos Islands stood at 0.6%.
That represents a change of down 11.6% on the previous year and down 24.0% over five years.
That places Turks and Caicos Islands 147th out of 196 countries with data for 2018, putting it in the middle of the range.
Personal remittances, received in Turks and Caicos Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | 0.7% | — |
| 2015 | 0.6% | -25.1% |
| 2016 | 0.6% | +10.7% |
| 2017 | 0.6% | +3.7% |
| 2018 | 0.6% | -11.6% |
Countries ranked near Turks and Caicos Islands
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 personal remittances, received in Turks and Caicos Islands?
- Personal remittances, received in Turks and Caicos Islands was 0.6% in 2018, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Turks and Caicos Islands?
- The highest recorded value was 0.7% in 2014.
- What is the lowest personal remittances, received recorded in Turks and Caicos Islands?
- The lowest recorded value was 0.6% in 2015.
- How does Turks and Caicos Islands rank for personal remittances, received?
- Turks and Caicos Islands ranks 147th out of 196 countries with data for 2018.
- Where does this Turks and Caicos Islands data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.