Transport services in Turks and Caicos Islands
Turks and Caicos Islands: Transport services was 4.1% in 2018. ▼ Falling
Transport services in Turks and Caicos Islands, 2014–2018
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
Turks and Caicos Islands recorded 4.1% for transport services in 2018. That is the lowest value across all 5 years on record.
Compared with earlier readings it is down 16.0% on the previous year and down 17.7% over five years.
That places Turks and Caicos Islands 171st out of 198 countries with data for 2018, putting it in the bottom quarter.
Transport services in Turks and Caicos Islands, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 2014 | 5.0% | — |
| 2015 | 4.7% | -6.4% |
| 2016 | 4.1% | -11.5% |
| 2017 | 4.9% | +18.2% |
| 2018 | 4.1% | -16.0% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's 4.1% is below the median for high income countries, which is 14.7%, 28% of the median. (72 countries reporting)
- Turks and Caicos Islands's 4.1% is below the median for Latin America & Caribbean, which is 7.4%, 56% of the median. (37 countries reporting)
Countries ranked near Turks and Caicos Islands
- 169 Luxembourg 4.2% compare
- 170 Burundi 4.1% compare
- 172 Antigua and Barbuda 4.1% compare
- 173 Saint Kitts and Nevis 4.0% compare
- 174 South Sudan 3.9% compare
More economy & growth data for Turks and Caicos Islands
- Industry (including construction), value added (current US$), per 0.0934 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), annual 4.89 % change on previous year (2024)
- GDP (constant LCU), annual growth rate 5.64 % change on previous year (2024)
- GDP (constant 2015 US$), per capita 57,179 constant 2015 US$ per person (2024)
- GDP (constant 2015 US$), per unit of GDP 1.52 constant 2015 US$ per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2024)
- GDP (current LCU), per capita 37,507 current LCU per person (2024)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 29,831 constant LCU per person (2024)
- GDP (current US$), annual growth rate 6.51 % change on previous year (2024)
Frequently asked questions
- What is transport services in Turks and Caicos Islands?
- Transport services in Turks and Caicos Islands was 4.1% in 2018, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest transport services recorded in Turks and Caicos Islands?
- The highest recorded value was 5.0% in 2014.
- What is the lowest transport services recorded in Turks and Caicos Islands?
- The lowest recorded value was 4.1% in 2018.
- How does Turks and Caicos Islands rank for transport services?
- Turks and Caicos Islands ranks 171st out of 198 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 Transport services (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Transport services covers the process of carriage of people and objects from one location to another as well as related supporting and auxiliary services. Also included are postal and courier services. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.