Services, value added (current US$), per unit of GDP in Turks and Caicos Islands
Turks and Caicos Islands: Services, value added (current US$), per unit of GDP was 0.7264 current US$ per US$ of GDP in 2024. ▬ Flat
Services, value added (current US$), per unit of GDP in Turks and Caicos Islands, 2001–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for services, value added (current us$), per unit of gdp in Turks and Caicos Islands is 0.7264 current US$ per US$ of GDP, measured in 2024.
That represents a change of down 1.3% on the previous year and down 4.7% over ten years.
Over the whole period, services, value added (current us$), per unit of gdp in Turks and Caicos Islands peaked at 0.8342 current US$ per US$ of GDP in 2010 and was at its lowest, 0.7151 current US$ per US$ of GDP, in 2006.
That places Turks and Caicos Islands 24th out of 204 countries with data for 2024, putting it in the top quarter.
Services, value added (current US$), per unit of GDP in Turks and Caicos Islands, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 2001 | 0.8026 current US$ per US$ of GDP | — |
| 2002 | 0.7875 current US$ per US$ of GDP | -1.9% |
| 2003 | 0.7578 current US$ per US$ of GDP | -3.8% |
| 2004 | 0.7419 current US$ per US$ of GDP | -2.1% |
| 2005 | 0.7316 current US$ per US$ of GDP | -1.4% |
| 2006 | 0.7151 current US$ per US$ of GDP | -2.3% |
| 2007 | 0.7484 current US$ per US$ of GDP | +4.7% |
| 2008 | 0.7744 current US$ per US$ of GDP | +3.5% |
| 2009 | 0.8089 current US$ per US$ of GDP | +4.5% |
| 2010 | 0.8342 current US$ per US$ of GDP | +3.1% |
| 2011 | 0.7889 current US$ per US$ of GDP | -5.4% |
| 2012 | 0.7782 current US$ per US$ of GDP | -1.4% |
| 2013 | 0.7769 current US$ per US$ of GDP | -0.2% |
| 2014 | 0.7619 current US$ per US$ of GDP | -1.9% |
| 2015 | 0.7533 current US$ per US$ of GDP | -1.1% |
| 2016 | 0.7698 current US$ per US$ of GDP | +2.2% |
| 2017 | 0.7619 current US$ per US$ of GDP | -1.0% |
| 2018 | 0.7578 current US$ per US$ of GDP | -0.5% |
| 2019 | 0.7828 current US$ per US$ of GDP | +3.3% |
| 2020 | 0.7547 current US$ per US$ of GDP | -3.6% |
| 2021 | 0.7405 current US$ per US$ of GDP | -1.9% |
| 2022 | 0.7244 current US$ per US$ of GDP | -2.2% |
| 2023 | 0.7359 current US$ per US$ of GDP | +1.6% |
| 2024 | 0.7264 current US$ per US$ of GDP | -1.3% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's 0.7264 current US$ per US$ of GDP is above the median for high income countries, which is 0.6616 current US$ per US$ of GDP, 1.1× the median. (77 countries reporting)
- Turks and Caicos Islands's 0.7264 current US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.5984 current US$ per US$ of GDP, 1.2× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7631 current US$ per US$ of GDP | 0.7151 current US$ per US$ of GDP | 0.8089 current US$ per US$ of GDP | 9 |
| 2010s | 0.7766 current US$ per US$ of GDP | 0.7533 current US$ per US$ of GDP | 0.8342 current US$ per US$ of GDP | 10 |
| 2020s | 0.7364 current US$ per US$ of GDP | 0.7244 current US$ per US$ of GDP | 0.7547 current US$ per US$ of GDP | 5 |
Countries ranked near Turks and Caicos Islands
- 21 United Kingdom 0.731 current US$ per US$ of GDP compare
- 22 Palau 0.7308 current US$ per US$ of GDP compare
- 23 Israel 0.7285 current US$ per US$ of GDP compare
- 25 Curacao 0.723 current US$ per US$ of GDP compare
- 26 Samoa 0.7209 current US$ per US$ of GDP compare
- 27 Switzerland 0.7175 current US$ per US$ of GDP compare
More economy & growth data for Turks and Caicos Islands
- Services, value added (current LCU), per capita 27,243 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant LCU) 2.12 % change on previous year (2024)
- Services, value added (constant 2015 US$), per capita 41,085 constant 2015 US$ per person (2024)
- Services, value added (constant 2015 US$), per unit of GDP 1.1 constant 2015 US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1768 current LCU per US$ of GDP (2024)
- Services, value added (constant 2015 US$), annual growth rate 5.11 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0031 constant LCU per US$ of GDP (2024)
- Services, value added (current US$), per capita 27,243 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 5.13 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 171.03 constant 2015 US$ per person (2024)
Frequently asked questions
- What is services, value added (current us$), per unit of gdp in Turks and Caicos Islands?
- Services, value added (current us$), per unit of gdp in Turks and Caicos Islands was 0.7264 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (current us$), per unit of gdp recorded in Turks and Caicos Islands?
- The highest recorded value was 0.8342 current US$ per US$ of GDP in 2010.
- What is the lowest services, value added (current us$), per unit of gdp recorded in Turks and Caicos Islands?
- The lowest recorded value was 0.7151 current US$ per US$ of GDP in 2006.
- How does Turks and Caicos Islands rank for services, value added (current us$), per unit of gdp?
- Turks and Caicos Islands ranks 24th out of 204 countries with data for 2024.
- Is services, value added (current us$), per unit of gdp rising or falling in Turks and Caicos Islands?
- Over the last ten years it is down 4.7%. The long-run trend across the full record is flat.
- Where does this Turks and Caicos Islands data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.