Value Added (Total Manufacturing) — Value Standard Local Currency in Turks and Caicos Islands
Turks and Caicos Islands: Value Added (Total Manufacturing) — Value Standard Local Currency was 18.68 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Turks and Caicos Islands, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Turks and Caicos Islands is 18.68 % change on previous year, measured in 2023.
That represents a change of down 1.4% on the previous year and up 150.2% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Turks and Caicos Islands peaked at 31.54 % change on previous year in 1997 and was at its lowest, -35.89 % change on previous year, in 2010.
Turks and Caicos Islands ranks 41st of 231 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Turks and Caicos Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 12.65 % change on previous year | — |
| 1972 | 12.65 % change on previous year | -0.0% |
| 1973 | 12.65 % change on previous year | +0.0% |
| 1974 | 12.65 % change on previous year | +0.0% |
| 1975 | 12.65 % change on previous year | -0.0% |
| 1976 | 12.65 % change on previous year | -0.1% |
| 1977 | 12.65 % change on previous year | +0.0% |
| 1978 | 12.66 % change on previous year | +0.1% |
| 1979 | 12.67 % change on previous year | +0.1% |
| 1980 | 12.64 % change on previous year | -0.2% |
| 1981 | 12.61 % change on previous year | -0.3% |
| 1982 | 12.65 % change on previous year | +0.4% |
| 1983 | 12.72 % change on previous year | +0.5% |
| 1984 | 12.72 % change on previous year | -0.0% |
| 1985 | 12.52 % change on previous year | -1.5% |
| 1986 | 12.42 % change on previous year | -0.8% |
| 1987 | 12.88 % change on previous year | +3.7% |
| 1988 | 13.06 % change on previous year | +1.4% |
| 1989 | 12.71 % change on previous year | -2.7% |
| 1990 | 11.55 % change on previous year | -9.1% |
| 1991 | 11.92 % change on previous year | +3.1% |
| 1992 | 15.17 % change on previous year | +27.3% |
| 1993 | 14 % change on previous year | -7.7% |
| 1994 | 10.94 % change on previous year | -21.9% |
| 1995 | 5.87 % change on previous year | -46.3% |
| 1996 | 13.83 % change on previous year | +135.6% |
| 1997 | 31.54 % change on previous year | +128.1% |
| 1998 | -4.09 % change on previous year | -113.0% |
| 1999 | 5.03 % change on previous year | -222.9% |
| 2000 | -14.66 % change on previous year | -391.4% |
| 2001 | -1.86 % change on previous year | -87.3% |
| 2002 | -2.67 % change on previous year | +43.5% |
| 2003 | 9.62 % change on previous year | -460.4% |
| 2004 | -0.3611 % change on previous year | -103.8% |
| 2005 | 5.28 % change on previous year | -1562.6% |
| 2006 | 4.3 % change on previous year | -18.5% |
| 2007 | 16.68 % change on previous year | +287.5% |
| 2008 | -5.55 % change on previous year | -133.3% |
| 2009 | -1.92 % change on previous year | -65.4% |
| 2010 | -35.89 % change on previous year | +1767.9% |
| 2011 | -15.43 % change on previous year | -57.0% |
| 2012 | -29.91 % change on previous year | +93.8% |
| 2013 | 7.47 % change on previous year | -125.0% |
| 2014 | 13.79 % change on previous year | +84.6% |
| 2015 | 4.39 % change on previous year | -68.1% |
| 2016 | -0.1075 % change on previous year | -102.4% |
| 2017 | -1.66 % change on previous year | +1444.5% |
| 2018 | -2 % change on previous year | +20.5% |
| 2019 | -0.5741 % change on previous year | -71.3% |
| 2020 | -0.5774 % change on previous year | +0.6% |
| 2021 | -1.34 % change on previous year | +131.6% |
| 2022 | 18.94 % change on previous year | -1516.6% |
| 2023 | 18.68 % change on previous year | -1.4% |
Turks and Caicos Islands compared with similar countries
- Turks and Caicos Islands's 18.68 % change on previous year is above the median for high income countries, which is 4.06 % change on previous year, 4.6× the median. (73 countries reporting)
- Turks and Caicos Islands's 18.68 % change on previous year is above the median for Latin America & Caribbean, which is 5.11 % change on previous year, 3.7× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency 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 | -1767.9% | -1.92 % change on previous year | -35.89 % change on previous year |
| 2005 | +1562.6% | -0.3611 % change on previous year | 5.28 % change on previous year |
| 2022 | +1516.6% | -1.34 % change on previous year | 18.94 % change on previous year |
| 2017 | -1444.5% | -0.1075 % change on previous year | -1.66 % change on previous year |
| 2003 | +460.4% | -2.67 % change on previous year | 9.62 % change on previous year |
| 2000 | -391.4% | 5.03 % change on previous year | -14.66 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.65 % change on previous year | 12.65 % change on previous year | 12.67 % change on previous year | 9 |
| 1980s | 12.69 % change on previous year | 12.42 % change on previous year | 13.06 % change on previous year | 10 |
| 1990s | 11.58 % change on previous year | -4.09 % change on previous year | 31.54 % change on previous year | 10 |
| 2000s | 0.8864 % change on previous year | -14.66 % change on previous year | 16.68 % change on previous year | 10 |
| 2010s | -5.99 % change on previous year | -35.89 % change on previous year | 13.79 % change on previous year | 10 |
| 2020s | 8.93 % change on previous year | -1.34 % change on previous year | 18.94 % change on previous year | 4 |
Countries ranked near Turks and Caicos Islands
- 38 Solomon Islands 19.86 % change on previous year compare
- 39 Serbia 19.25 % change on previous year compare
- 40 Rwanda 18.78 % change on previous year compare
- 42 Uzbekistan 18.47 % change on previous year compare
- 43 Palau 18.14 % change on previous year compare
- 44 Hungary 16.11 % change on previous year compare
More economy & growth data for Turks and Caicos Islands
- Industry (including construction), value added (constant LCU), annual 9.05 % 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 2015 US$) 6,332 constant 2015 US$ per person (2024)
- GNI, Atlas method (current US$), annual growth rate 2.69 % change on previous year (2024)
- GDP (constant LCU), per capita 34,867 constant LCU per person (2024)
- GDP (constant LCU), per unit of GDP 0.9296 constant LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), annual growth rate 5.64 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 0.0913 constant LCU per US$ of GDP (2024)
- GDP (constant 2015 US$), per unit of GDP 1.52 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Turks and Caicos Islands?
- Value added (total manufacturing) — value standard local currency in Turks and Caicos Islands was 18.68 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Turks and Caicos Islands?
- The highest recorded value was 31.54 % change on previous year in 1997.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Turks and Caicos Islands?
- The lowest recorded value was -35.89 % change on previous year in 2010.
- How does Turks and Caicos Islands rank for value added (total manufacturing) — value standard local currency?
- Turks and Caicos Islands ranks 41st out of 231 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 150.2%. 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 Value Added (Total Manufacturing) — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 Value Added (Total Manufacturing) — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.