Services, value added (constant LCU), per unit of GDP in Turks and Caicos Islands
Turks and Caicos Islands: Services, value added (constant LCU), per unit of GDP was 0.7009 constant LCU per US$ of GDP in 2024. ▲ Rising
Services, value added (constant LCU), per unit of GDP in Turks and Caicos Islands, 2007–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Turks and Caicos Islands recorded 0.7009 constant LCU per US$ of GDP for services, value added (constant lcu), per unit of gdp in 2024.
Compared with earlier readings it is down 1.3% on the previous year and up 39.9% over ten years.
Over the whole period, services, value added (constant lcu), per unit of gdp in Turks and Caicos Islands peaked at 0.7847 constant LCU per US$ of GDP in 2017 and was at its lowest, 0.4695 constant LCU per US$ of GDP, in 2016.
Turks and Caicos Islands ranks 144th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 18 years of available data.
Services, value added (constant LCU), per unit of GDP in Turks and Caicos Islands, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2007 | 0.6075 constant LCU per US$ of GDP | — |
| 2008 | 0.6137 constant LCU per US$ of GDP | +1.0% |
| 2009 | 0.6264 constant LCU per US$ of GDP | +2.1% |
| 2010 | 0.6584 constant LCU per US$ of GDP | +5.1% |
| 2011 | 0.561 constant LCU per US$ of GDP | -14.8% |
| 2012 | 0.5442 constant LCU per US$ of GDP | -3.0% |
| 2013 | 0.5287 constant LCU per US$ of GDP | -2.8% |
| 2014 | 0.5009 constant LCU per US$ of GDP | -5.3% |
| 2015 | 0.482 constant LCU per US$ of GDP | -3.8% |
| 2016 | 0.4695 constant LCU per US$ of GDP | -2.6% |
| 2017 | 0.7847 constant LCU per US$ of GDP | +67.1% |
| 2018 | 0.7578 constant LCU per US$ of GDP | -3.4% |
| 2019 | 0.7707 constant LCU per US$ of GDP | +1.7% |
| 2020 | 0.7345 constant LCU per US$ of GDP | -4.7% |
| 2021 | 0.7202 constant LCU per US$ of GDP | -2.0% |
| 2022 | 0.7041 constant LCU per US$ of GDP | -2.2% |
| 2023 | 0.7102 constant LCU per US$ of GDP | +0.9% |
| 2024 | 0.7009 constant LCU per US$ of GDP | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6159 constant LCU per US$ of GDP | 0.6075 constant LCU per US$ of GDP | 0.6264 constant LCU per US$ of GDP | 3 |
| 2010s | 0.6058 constant LCU per US$ of GDP | 0.4695 constant LCU per US$ of GDP | 0.7847 constant LCU per US$ of GDP | 10 |
| 2020s | 0.714 constant LCU per US$ of GDP | 0.7009 constant LCU per US$ of GDP | 0.7345 constant LCU per US$ of GDP | 5 |
Countries ranked near Turks and Caicos Islands
- 141 Libya 0.7533 constant LCU per US$ of GDP compare
- 142 Monaco 0.7087 constant LCU per US$ of GDP compare
- 143 Zimbabwe 0.7084 constant LCU per US$ of GDP compare
- 145 Bermuda 0.6983 constant LCU per US$ of GDP compare
- 146 Romania 0.6819 constant LCU per US$ of GDP compare
- 147 Singapore 0.6775 constant LCU per US$ of GDP compare
More economy & growth data for Turks and Caicos Islands
- Gross value added at basic prices (GVA) (current US$), per capita 30,877 current US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.7953 constant LCU 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)
- Services, value added (constant 2015 US$), per unit of GDP 1.1 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is services, value added (constant lcu), per unit of gdp in Turks and Caicos Islands?
- Services, value added (constant lcu), per unit of gdp in Turks and Caicos Islands was 0.7009 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), per unit of gdp recorded in Turks and Caicos Islands?
- The highest recorded value was 0.7847 constant LCU per US$ of GDP in 2017.
- What is the lowest services, value added (constant lcu), per unit of gdp recorded in Turks and Caicos Islands?
- The lowest recorded value was 0.4695 constant LCU per US$ of GDP in 2016.
- How does Turks and Caicos Islands rank for services, value added (constant lcu), per unit of gdp?
- Turks and Caicos Islands ranks 144th out of 197 countries with data for 2024.
- Is services, value added (constant lcu), per unit of gdp rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 39.9%. The long-run trend across the full record is rising.
- Where does this Turks and Caicos Islands data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant LCU) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.