Taxes less subsidies on products (current US$), annual growth rate in Turks and Caicos Islands
Turks and Caicos Islands: Taxes less subsidies on products (current US$), annual growth rate was 13.69 % change on previous year in 2024. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Turks and Caicos Islands, 2002–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Turks and Caicos Islands recorded 13.69 % change on previous year for taxes less subsidies on products (current us$), annual growth rate in 2024.
Compared with earlier readings it is up 27.1% on the previous year and down 49.2% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Turks and Caicos Islands peaked at 64.04 % change on previous year in 2021 and was at its lowest, -32.19 % change on previous year, in 2020.
Turks and Caicos Islands ranks 58th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Turks and Caicos Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | 14.18 % change on previous year | — |
| 2003 | 17.41 % change on previous year | +22.8% |
| 2004 | 17.07 % change on previous year | -2.0% |
| 2005 | 31.13 % change on previous year | +82.4% |
| 2006 | 32.27 % change on previous year | +3.6% |
| 2007 | 5.89 % change on previous year | -81.8% |
| 2008 | -5.67 % change on previous year | -196.3% |
| 2009 | -10.67 % change on previous year | +88.3% |
| 2010 | 2.87 % change on previous year | -126.9% |
| 2011 | 10.25 % change on previous year | +256.4% |
| 2012 | 6.31 % change on previous year | -38.4% |
| 2013 | 2.02 % change on previous year | -68.0% |
| 2014 | 26.94 % change on previous year | +1233.7% |
| 2015 | 17.73 % change on previous year | -34.2% |
| 2016 | 2.32 % change on previous year | -86.9% |
| 2017 | -2.1 % change on previous year | -190.8% |
| 2018 | 12.42 % change on previous year | -690.1% |
| 2019 | -9.68 % change on previous year | -177.9% |
| 2020 | -32.19 % change on previous year | +232.6% |
| 2021 | 64.04 % change on previous year | -298.9% |
| 2022 | 25.49 % change on previous year | -60.2% |
| 2023 | 10.77 % change on previous year | -57.7% |
| 2024 | 13.69 % change on previous year | +27.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.7 % change on previous year | -10.67 % change on previous year | 32.27 % change on previous year | 8 |
| 2010s | 6.91 % change on previous year | -9.68 % change on previous year | 26.94 % change on previous year | 10 |
| 2020s | 16.36 % change on previous year | -32.19 % change on previous year | 64.04 % change on previous year | 5 |
Countries ranked near Turks and Caicos Islands
- 55 Zimbabwe 14.17 % change on previous year compare
- 56 Greece 13.95 % change on previous year compare
- 57 Tanzania, United Republic of 13.76 % change on previous year compare
- 59 Israel 13.47 % change on previous year compare
- 60 Guinea 13.46 % change on previous year compare
- 61 Austria 13.45 % change on previous year compare
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) (current US$), annual growth 5.09 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual -939.29 % change on previous year (2024)
- Net primary income (Net income from abroad) (current US$), annual -939.29 % change on previous year (2024)
- GNI (current LCU), per capita 37,002 current LCU per person (2024)
- GNI (current LCU), per unit of GDP 0.9865 current LCU per US$ of GDP (2024)
- GNI (current US$), per unit of GDP 0.9865 current US$ per US$ of GDP (2024)
- GNI (current US$), annual growth rate 4.9 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 30,877 current US$ per person (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1768 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Turks and Caicos Islands?
- Taxes less subsidies on products (current us$), annual growth rate in Turks and Caicos Islands was 13.69 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Turks and Caicos Islands?
- The highest recorded value was 64.04 % change on previous year in 2021.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Turks and Caicos Islands?
- The lowest recorded value was -32.19 % change on previous year in 2020.
- How does Turks and Caicos Islands rank for taxes less subsidies on products (current us$), annual growth rate?
- Turks and Caicos Islands ranks 58th out of 197 countries with data for 2024.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Turks and Caicos Islands?
- Over the last ten years it is down 49.2%. The long-run trend across the full record is volatile.
- Where does this Turks and Caicos Islands data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.