Share of products from least-developed countries that have no tariff in Turks and Caicos Islands
Turks and Caicos Islands: Share of products from least-developed countries that have no tariff was 20.6% in 2024. ▼ Falling
Share of products from least-developed countries that have no tariff in Turks and Caicos Islands, 2005–2024
Source: UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for share of products from least-developed countries that have no tariff in Turks and Caicos Islands is 20.6%, measured in 2024.
Compared with earlier readings it is up 0.8% on the previous year and down 63.5% over ten years.
Over the whole period, share of products from least-developed countries that have no tariff in Turks and Caicos Islands peaked at 56.3% in 2015 and was at its lowest, 20.4%, in 2023.
That places Turks and Caicos Islands 226th out of 230 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 12 years of available data.
Share of products from least-developed countries that have no tariff in Turks and Caicos Islands, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 45.9% | — |
| 2010 | 24.6% | -46.5% |
| 2015 | 56.3% | +129.3% |
| 2016 | 43.7% | -22.4% |
| 2017 | 41.5% | -5.0% |
| 2018 | 42.2% | +1.5% |
| 2019 | 32.5% | -23.0% |
| 2020 | 22.8% | -29.7% |
| 2021 | 26.0% | +13.9% |
| 2022 | 21.4% | -17.6% |
| 2023 | 20.4% | -4.8% |
| 2024 | 20.6% | +0.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 45.9% | 45.9% | 45.9% | 1 |
| 2010s | 40.1% | 24.6% | 56.3% | 6 |
| 2020s | 22.2% | 20.4% | 26.0% | 5 |
Countries ranked near Turks and Caicos Islands
- 224 British Virgin Islands 30.0% compare
- 225 Tokelau 24.8% compare
- 227 United States Virgin Islands 16.7% compare
- 228 San Marino 16.0% compare
- 229 French Guiana 12.5% compare
More economy & growth data for Turks and Caicos Islands
- GDP (constant 2015 US$), per capita 57,179 constant 2015 US$ per person (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)
- 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 LCU), annual growth rate 5.64 % change on previous year (2024)
- GDP (current LCU), per capita 37,507 current LCU 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)
Frequently asked questions
- What is share of products from least-developed countries that have no tariff in Turks and Caicos Islands?
- Share of products from least-developed countries that have no tariff in Turks and Caicos Islands was 20.6% in 2024, according to UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data.
- What is the highest share of products from least-developed countries that have no tariff recorded in Turks and Caicos Islands?
- The highest recorded value was 56.3% in 2015.
- What is the lowest share of products from least-developed countries that have no tariff recorded in Turks and Caicos Islands?
- The lowest recorded value was 20.4% in 2023.
- How does Turks and Caicos Islands rank for share of products from least-developed countries that have no tariff?
- Turks and Caicos Islands ranks 226th out of 230 countries with data for 2024.
- Is share of products from least-developed countries that have no tariff rising or falling in Turks and Caicos Islands?
- Over the last ten years it is down 63.5%. The long-run trend across the full record is falling.
- Where does this Turks and Caicos Islands data come from?
- The figures come from UN Conference on Trade and Development and World Trade Organisation – processed by Our World in Data, published as part of Share of products from least-developed countries that have no tariff. Statizoid updates them automatically from the source API.
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About this data
Proportion of tariff lines applied to imports with zero-tariff (%).