Price level index in Turks and Caicos Islands
Turks and Caicos Islands: Price level index was 98.68 GDP in 2024. ▲ Rising
Price level index in Turks and Caicos Islands, 2007–2024
Source: World Development Indicators, World Bank (WB). Measured in GDP.
Analysis
In 2024, price level index in Turks and Caicos Islands stood at 98.68 GDP.
Compared with earlier readings it is down 1.6% on the previous year and down 7.6% over ten years.
Over the whole period, price level index in Turks and Caicos Islands peaked at 109.8 GDP in 2012 and was at its lowest, 89.47 GDP, in 2010.
That places Turks and Caicos Islands 9th out of 203 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 18 years of available data.
Price level index in Turks and Caicos Islands, year by year
| Year | GDP | Change |
|---|---|---|
| 2007 | 92 GDP | — |
| 2008 | 92.98 GDP | +1.1% |
| 2009 | 93.63 GDP | +0.7% |
| 2010 | 89.47 GDP | -4.4% |
| 2011 | 102.84 GDP | +14.9% |
| 2012 | 109.8 GDP | +6.8% |
| 2013 | 107.2 GDP | -2.4% |
| 2014 | 106.84 GDP | -0.3% |
| 2015 | 107.18 GDP | +0.3% |
| 2016 | 105.35 GDP | -1.7% |
| 2017 | 99.72 GDP | -5.3% |
| 2018 | 101.52 GDP | +1.8% |
| 2019 | 101.95 GDP | +0.4% |
| 2020 | 105.94 GDP | +3.9% |
| 2021 | 109.07 GDP | +3.0% |
| 2022 | 103.52 GDP | -5.1% |
| 2023 | 100.3 GDP | -3.1% |
| 2024 | 98.68 GDP | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 92.87 GDP | 92 GDP | 93.63 GDP | 3 |
| 2010s | 103.19 GDP | 89.47 GDP | 109.8 GDP | 10 |
| 2020s | 103.5 GDP | 98.68 GDP | 109.07 GDP | 5 |
Countries ranked near Turks and Caicos Islands
- 6 Nauru 103.09 GDP compare
- 7 Israel 101.04 GDP compare
- 8 United States 100 GDP compare
- 10 Micronesia (country) 95.87 GDP compare
- 11 Bahamas 95.63 GDP compare
- 12 Marshall Islands 94.7 GDP compare
More economy & growth data for Turks and Caicos Islands
- Gdp worldbank constant usd, per unit of GDP 1.52 units per US$ of GDP (2024)
- GNI (current US$), per unit of GDP 0.9865 current US$ per US$ of GDP (2024)
- GNI (current US$), annual growth rate 4.9 % change on previous year (2024)
- GNI, Atlas method (current US$), 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)
- Gdp worldbank constant usd, annual growth rate 5.64 % change on previous year (2024)
- Manufacturing value added to gdp, per capita 0 units per person (2024)
- GDP (constant LCU), per unit of GDP 0.9296 constant LCU per US$ of GDP (2024)
- GDP (constant LCU), per capita 34,867 constant LCU per person (2024)
- GNI (current US$), per capita 37,002 current US$ per person (2024)
Frequently asked questions
- What is price level index in Turks and Caicos Islands?
- Price level index in Turks and Caicos Islands was 98.68 GDP in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest price level index recorded in Turks and Caicos Islands?
- The highest recorded value was 109.8 GDP in 2012.
- What is the lowest price level index recorded in Turks and Caicos Islands?
- The lowest recorded value was 89.47 GDP in 2010.
- How does Turks and Caicos Islands rank for price level index?
- Turks and Caicos Islands ranks 9th out of 203 countries with data for 2024.
- Is price level index rising or falling in Turks and Caicos Islands?
- Over the last ten years it is down 7.6%. The long-run trend across the full record is rising.
- Where does this Turks and Caicos Islands data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Price level index (GDP). Statizoid updates them automatically from the source API.
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About this data
The price level index (PLI) is the ratio of a purchasing power parity (PPP) conversion factor to the corresponding market exchange rate between two countries, expressed relative to a base country that is set equal to 100. For this series the base country is the United States. It provides a measure of the differences in price level between the country and the United States by indicating the number of units of the common currency (US dollars) needed to buy the same volume of the aggregation level in each country. At the level of GDP, the price level ratio provides a measure of the differences in the general price levels of countries.