Turks and Caicos Islands Economic Growth 2001-2024

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.
  • Turks and Caicos Islands economic growth for 2022 was $1.14B, a 9% increase from 2021.
  • Turks and Caicos Islands economic growth for 2021 was $1.04B, a 13% increase from 2020.
  • Turks and Caicos Islands economic growth for 2020 was $0.92B, a 22.79% decline from 2019.
  • Turks and Caicos Islands economic growth for 2019 was $1.20B, a 7.57% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $25,462.70B
Japan $4,231.14B
Germany $4,072.19B
United Kingdom $3,070.67B
France $2,782.91B
Canada $2,139.84B
Italy $2,010.43B
Australia $1,675.42B
South Korea $1,665.25B
Spain $1,397.51B
Saudi Arabia $1,108.15B
Netherlands $991.11B
Switzerland $807.71B
Poland $688.18B
Argentina $632.77B
Sweden $585.94B
Norway $579.27B
Belgium $578.60B
Ireland $529.24B
Israel $522.03B
UAE $507.53B
Austria $471.40B
Singapore $466.79B
Denmark $395.40B
Hong Kong $359.84B
Chile $301.03B
Czech Republic $290.92B
Finland $280.83B
Portugal $251.95B
New Zealand $247.23B
Qatar $237.30B
Greece $219.07B
Kuwait $184.56B
Hungary $178.79B
Slovak Republic $115.47B
Oman $114.67B
Puerto Rico $113.43B
Luxembourg $82.27B
Panama $76.52B
Uruguay $71.18B
Croatia $70.96B
Lithuania $70.33B
Slovenia $62.12B
Bahrain $44.39B
Latvia $41.15B
Estonia $38.10B
Cyprus $28.44B
Trinidad and Tobago $27.90B
Iceland $27.84B
Macao $21.98B
Malta $17.77B
Brunei $16.68B
Bahamas $12.90B
Bermuda $7.55B
Barbados $5.64B
Andorra $3.35B
Antigua and Barbuda $1.76B
Seychelles $1.59B
Sint Maarten (Dutch part) $1.57B
Turks and Caicos Islands $1.14B
St. Kitts and Nevis $0.96B
Turks and Caicos Islands Economic Growth - Historical Data
Year GDP Per Capita Growth Rate
2022 $1.14B $24,918 -0.50%
2021 $1.04B $23,159 8.97%
2020 $0.92B $20,882 -26.78%
2019 $1.20B $27,795 5.32%
2018 $1.11B $26,832 5.61%
2017 $1.02B $25,659 -2.49%
2016 $1.03B $26,995 7.25%
2015 $0.94B $25,783 11.31%
2014 $0.84B $24,041 8.71%
2013 $0.75B $22,452 1.07%
2012 $0.73B $22,666 -0.97%
2011 $0.73B $23,650 %
2010 $0.69B $23,104 %
2009 $0.70B $24,603 %
2008 $0.86B $31,460 %
2007 $0.77B $29,446 %
2006 $0.72B $28,729 %
2005 $0.58B $24,115 %
2004 $0.49B $21,234 %
2003 $0.41B $18,849 %
2002 $0.37B $17,803 %
2001 $0.36B $18,324 %