Trade in services in Turks and Caicos Islands
Turks and Caicos Islands: Trade in services was 68.1% in 2018. ▼ Falling
Trade in services in Turks and Caicos Islands, 2014–2018
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Turks and Caicos Islands recorded 68.1% for trade in services in 2018.
Compared with earlier readings it is up 22.4% on the previous year and down 3.4% over five years.
That places Turks and Caicos Islands 23rd out of 200 countries with data for 2018, putting it in the top quarter.
Trade in services in Turks and Caicos Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2014 | 70.5% | — |
| 2015 | 65.8% | -6.7% |
| 2016 | 66.3% | +0.7% |
| 2017 | 55.7% | -16.0% |
| 2018 | 68.1% | +22.4% |
Countries ranked near Turks and Caicos Islands
More economy & growth data for Turks and Caicos Islands
- GDP (constant LCU), per capita 34,867 constant LCU per person (2024)
- Industry (including construction), value added (constant LCU), per 0.0913 constant LCU per US$ of GDP (2024)
- GNI (current US$), annual growth rate 4.9 % change on previous year (2024)
- GNI, Atlas method (current US$), 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)
- Industry (including construction), value added (constant LCU), per 3,425 constant LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 2.69 % change on previous year (2024)
- GDP (constant 2015 US$), per unit of GDP 1.52 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), per capita 57,179 constant 2015 US$ per person (2024)
- GDP (constant LCU), annual growth rate 5.64 % change on previous year (2024)
Frequently asked questions
- What is trade in services in Turks and Caicos Islands?
- Trade in services in Turks and Caicos Islands was 68.1% in 2018, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest trade in services recorded in Turks and Caicos Islands?
- The highest recorded value was 70.5% in 2014.
- What is the lowest trade in services recorded in Turks and Caicos Islands?
- The lowest recorded value was 55.7% in 2017.
- How does Turks and Caicos Islands rank for trade in services?
- Turks and Caicos Islands ranks 23rd out of 200 countries with data for 2018.
- Where does this Turks and Caicos Islands data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Trade in services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Total trade in services includes services provided by residents to non-residents plus services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.