Total FDI inflows — Value US$ in Turks and Caicos Islands
Turks and Caicos Islands: Total FDI inflows — Value US$ was 32.66 million USD in 2023. ◆ Volatile
Total FDI inflows — Value US$ in Turks and Caicos Islands, 2015–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total fdi inflows — value us$ in Turks and Caicos Islands is 32.66 million USD, measured in 2023.
The figure is down 6.7% on the previous year and up 146.7% over ten years.
Over the whole period, total fdi inflows — value us$ in Turks and Caicos Islands peaked at 42.23 million USD in 2018 and was at its lowest, -69.89 million USD, in 2015.
Turks and Caicos Islands ranks 152nd of 191 countries on this measure, in the bottom quarter.
Total FDI inflows — Value US$ in Turks and Caicos Islands, year by year
| Year | million USD | Change |
|---|---|---|
| 2015 | -69.89 million USD | — |
| 2016 | 16.59 million USD | -123.7% |
| 2017 | 22.07 million USD | +33.0% |
| 2018 | 42.23 million USD | +91.3% |
| 2019 | 26.96 million USD | -36.2% |
| 2020 | 30.42 million USD | +12.8% |
| 2021 | 28.69 million USD | -5.7% |
| 2022 | 35 million USD | +22.0% |
| 2023 | 32.66 million USD | -6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.59 million USD | -69.89 million USD | 42.23 million USD | 5 |
| 2020s | 31.69 million USD | 28.69 million USD | 35 million USD | 4 |
Countries ranked near Turks and Caicos Islands
More economy & growth data for Turks and Caicos Islands
- Taxes less subsidies on products (current LCU), per capita 6,630 current LCU per person (2024)
- Net primary income (Net income from abroad) (current US$), annual -939.29 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual -939.29 % change on previous year (2024)
- Taxes less subsidies on products (current US$), per unit of GDP 0.1768 current US$ per US$ of GDP (2024)
- Taxes less subsidies on products (current US$), per capita 6,630 current US$ per person (2024)
- Taxes less subsidies on products (current LCU), annual growth rate 13.69 % change on previous year (2024)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.1768 current LCU per US$ of GDP (2024)
- Gdp worldbank constant usd, per capita 57,179 units per person (2024)
- Gdp worldbank constant usd, annual growth rate 5.64 % change on previous year (2024)
- Gdp worldbank constant usd, per unit of GDP 1.52 units per US$ of GDP (2024)
Frequently asked questions
- What is total fdi inflows — value us$ in Turks and Caicos Islands?
- Total fdi inflows — value us$ in Turks and Caicos Islands was 32.66 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest total fdi inflows — value us$ recorded in Turks and Caicos Islands?
- The highest recorded value was 42.23 million USD in 2018.
- What is the lowest total fdi inflows — value us$ recorded in Turks and Caicos Islands?
- The lowest recorded value was -69.89 million USD in 2015.
- How does Turks and Caicos Islands rank for total fdi inflows — value us$?
- Turks and Caicos Islands ranks 152nd out of 191 countries with data for 2023.
- Is total fdi inflows — value us$ rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 146.7%. The long-run trend across the full record is volatile.
- Where does this Turks and Caicos Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total FDI inflows — Value US$. Statizoid updates them automatically from the source API.
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About this data
FDI is an investment which aims to acquire a lasting management influence (10 percent or more of the voting stock) in an enterprise operating in a foreign economy. FDI may be undertaken by individuals, as well as business entities. The foreign direct investor most often is aiming to gain access to natural resources, to markets, to labour supply, to technology, to ensure security of supplies or to control the quality of a certain product. FDI can be decomposed into two types of investments: mergers and acquisitions (MA) and greenfield investments. The latter type results in the creation of new entities and the setting up of offices, buildings, plants or factories from scratch in a foreign economy. FDI is the sum of equity capital, reinvested earnings and other FDI capital. Equity capital comprises equity in branches, all shares in subsidiaries and associates (except non-participating, preferred shares that are treated as debt securities and are included under other FDI capital) and other contributions such as the provision of machinery. Reinvested earnings consist of the direct investor's share (in proportion to equity participation) of earnings not distributed by the direct investment enterprise. Other FDI capital (loans) includes the borrowing and lending of funds, including debt securities and trade credits between direct investors and direct investment enterprises. FDI inflows and outflows are important for tracking the direct investment conditions each year. Outward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions from the reporting economy during a year. It represents transactions affecting the investment in enterprises resident abroad. Whereas, Inward Foreign Direct Investment (FDI) flows record the value of cross-border direct investment transactions received by the reporting economy during a year. It represents transactions affecting the investment in enterprises of a specific industry resident in the reporting economy.