Value Added (Total Manufacturing) — Share of GDP Standard Local in Turks and Caicos Islands
Turks and Caicos Islands: Value Added (Total Manufacturing) — Share of GDP Standard Local was 0.6158 % in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Share of GDP Standard Local in Turks and Caicos Islands, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Turks and Caicos Islands recorded 0.6158 % for value added (total manufacturing) — share of gdp standard local in 2023.
Compared with earlier readings it is up 4.0% on the previous year and down 15.3% over ten years.
Over the whole period, value added (total manufacturing) — share of gdp standard local in Turks and Caicos Islands peaked at 5.36 % in 1997 and was at its lowest, 0.5207 %, in 2019.
Turks and Caicos Islands ranks 200th of 202 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Share of GDP Standard Local in Turks and Caicos Islands, year by year
| Year | % | Change |
|---|---|---|
| 1970 | 4.64 % | — |
| 1971 | 4.64 % | -0.0% |
| 1972 | 4.64 % | -0.0% |
| 1973 | 4.64 % | +0.0% |
| 1974 | 4.64 % | +0.0% |
| 1975 | 4.64 % | +0.0% |
| 1976 | 4.64 % | -0.0% |
| 1977 | 4.64 % | -0.0% |
| 1978 | 4.64 % | +0.0% |
| 1979 | 4.64 % | +0.0% |
| 1980 | 4.64 % | -0.0% |
| 1981 | 4.64 % | -0.0% |
| 1982 | 4.64 % | +0.0% |
| 1983 | 4.64 % | +0.0% |
| 1984 | 4.64 % | +0.0% |
| 1985 | 4.64 % | -0.1% |
| 1986 | 4.63 % | -0.2% |
| 1987 | 4.64 % | +0.3% |
| 1988 | 4.65 % | +0.2% |
| 1989 | 4.65 % | -0.1% |
| 1990 | 4.61 % | -0.8% |
| 1991 | 4.59 % | -0.5% |
| 1992 | 4.72 % | +2.8% |
| 1993 | 4.69 % | -0.5% |
| 1994 | 4.63 % | -1.3% |
| 1995 | 4.42 % | -4.4% |
| 1996 | 4.48 % | +1.3% |
| 1997 | 5.36 % | +19.6% |
| 1998 | 4.56 % | -14.9% |
| 1999 | 4.31 % | -5.5% |
| 2000 | 3.39 % | -21.3% |
| 2001 | 2.97 % | -12.6% |
| 2002 | 2.82 % | -4.8% |
| 2003 | 2.77 % | -1.9% |
| 2004 | 2.33 % | -15.9% |
| 2005 | 2.06 % | -11.6% |
| 2006 | 1.72 % | -16.4% |
| 2007 | 1.87 % | +8.9% |
| 2008 | 1.59 % | -15.3% |
| 2009 | 1.91 % | +20.3% |
| 2010 | 1.25 % | -34.4% |
| 2011 | 0.999 % | -20.3% |
| 2012 | 0.7018 % | -29.8% |
| 2013 | 0.7271 % | +3.6% |
| 2014 | 0.7419 % | +2.0% |
| 2015 | 0.6915 % | -6.8% |
| 2016 | 0.6302 % | -8.9% |
| 2017 | 0.6259 % | -0.7% |
| 2018 | 0.5633 % | -10.0% |
| 2019 | 0.5207 % | -7.6% |
| 2020 | 0.6705 % | +28.8% |
| 2021 | 0.5848 % | -12.8% |
| 2022 | 0.592 % | +1.2% |
| 2023 | 0.6158 % | +4.0% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's 0.6158 % is below the median for high income countries, which is 10.19 %, 6% of the median. (68 countries reporting)
- Turks and Caicos Islands's 0.6158 % is below the median for Latin America & Caribbean, which is 9.46 %, 7% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Share of GDP Standard Local in Turks and Caicos Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | -34.4% | 1.91 % | 1.25 % |
| 2012 | -29.8% | 0.999 % | 0.7018 % |
| 2020 | +28.8% | 0.5207 % | 0.6705 % |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.64 % | 4.64 % | 4.64 % | 10 |
| 1980s | 4.64 % | 4.63 % | 4.65 % | 10 |
| 1990s | 4.64 % | 4.31 % | 5.36 % | 10 |
| 2000s | 2.34 % | 1.59 % | 3.39 % | 10 |
| 2010s | 0.7455 % | 0.5207 % | 1.25 % | 10 |
| 2020s | 0.6158 % | 0.5848 % | 0.6705 % | 4 |
Countries ranked near Turks and Caicos Islands
- 197 Cayman Islands 0.959 % compare
- 198 China, Hong Kong SAR 0.9512 % compare
- 199 China, Macao SAR 0.7619 % compare
- 201 Bermuda 0.347 % compare
- 202 Tuvalu 0.1306 % compare
More economy & growth data for Turks and Caicos Islands
- Gross value added at basic prices (GVA) (constant LCU), annual growth 5.54 % 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)
- GDP (current LCU), annual growth rate 6.51 % change on previous year (2024)
- GDP (current US$), per capita 37,507 current US$ per person (2024)
- GDP (current US$), annual growth rate 6.51 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 29,831 constant LCU per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 0.7953 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.09 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 0.8232 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is value added (total manufacturing) — share of gdp standard local in Turks and Caicos Islands?
- Value added (total manufacturing) — share of gdp standard local in Turks and Caicos Islands was 0.6158 % in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — share of gdp standard local recorded in Turks and Caicos Islands?
- The highest recorded value was 5.36 % in 1997.
- What is the lowest value added (total manufacturing) — share of gdp standard local recorded in Turks and Caicos Islands?
- The lowest recorded value was 0.5207 % in 2019.
- How does Turks and Caicos Islands rank for value added (total manufacturing) — share of gdp standard local?
- Turks and Caicos Islands ranks 200th out of 202 countries with data for 2023.
- Is value added (total manufacturing) — share of gdp standard local rising or falling in Turks and Caicos Islands?
- Over the last ten years it is down 15.3%. 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 Value Added (Total Manufacturing) — Share of GDP Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).