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GDP — all countries

GDP — Turks and Caicos Islands

GDP in the Turks and Caicos Islands in 2024 — 1,745,378,000 US$. Ranked 184 in the world out of 200. Since 2001, the indicator has risen by 386.5%.

2024 1.75B US$ +6.51% vs 2023
World rank 184of 200
Period maximum 1.75B US$2024
Period minimum 359M US$2001

Trend over time

2001–2024 · US$

GDP — Turks and Caicos Islands, 2001–20240500M1B1.5B2B2001200420072010201320162019202220242001: 358,744,800 US$2002: 366,707,900 US$2003: 409,753,600 US$2004: 485,598,800 US$2005: 578,645,800 US$2006: 721,891,500 US$2007: 773,490,000 US$2008: 862,684,000 US$2009: 703,176,000 US$2010: 686,788,000 US$2011: 842,941,000 US$2012: 832,848,000 US$2013: 863,328,000 US$2014: 956,605,000 US$2015: 1,078,274,000 US$2016: 1,202,078,000 US$2017: 1,197,958,000 US$2018: 1,314,329,000 US$2019: 1,371,838,000 US$2020: 918,387,000 US$2021: 1,236,459,000 US$2022: 1,434,119,000 US$2023: 1,638,653,000 US$2024: 1,745,378,000 US$
Change over the period: +1.39B (+386.52%) Average annual rate: 7.12 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Turks and Caicos Islands

Turks and Caicos Islands 1.75B US$
World 112T US$
Latin America & Caribbean 7.09T US$
Caribbean computed 374B US$
High-income countries computed 71.13T US$
GDP — Turks and Caicos Islands, by year Turks and Caicos Islands All countries CSV XLSX
Year US$ Change Change, %
2024 1.75B +107M +6.51%
2023 1.64B +205M +14.26%
2022 1.43B +198M +15.99%
2021 1.24B +318M +34.63%
2020 918M −453M −33.05%
2019 1.37B +57.51M +4.38%
2018 1.31B +116M +9.71%
2017 1.2B −4.12M −0.34%
2016 1.2B +124M +11.48%
2015 1.08B +122M +12.72%
2014 957M +93.28M +10.8%
2013 863M +30.48M +3.66%
2012 833M −10.09M −1.2%
2011 843M +156M +22.74%
2010 687M −16.39M −2.33%
2009 703M −160M −18.49%
2008 863M +89.19M +11.53%
2007 773M +51.6M +7.15%
2006 722M +143M +24.76%
2005 579M +93.05M +19.16%
2004 486M +75.85M +18.51%
2003 410M +43.05M +11.74%
2002 367M +7.96M +2.22%
2001 359M — —

Caribbean, 2024

The same indicator for neighboring countries — with links to their pages

PR Puerto Rico 126B DO Dominican Republic 124B TT Trinidad and Tobago 25.63B HT Haiti 24.26B JM Jamaica 22.01B BS Bahamas 15.83B KY Cayman Islands 7.77B BB Barbados 7.6B AW Aruba 4.17B CW Curaçao 3.56B LC Saint Lucia 2.61B AG Antigua and Barbuda 2.16B SX Sint Maarten 1.8B TC Turks and Caicos Islands 1.75B GD Grenada 1.35B VC Saint Vincent and the Grenadines 1.16B KN Saint Kitts and Nevis 1.12B DM Dominica 689M
Full table for all countries

About the indicator

Gross domestic product is the sum of gross value added by all resident producers, plus taxes on products and minus subsidies, in current prices and converted into US dollars at the official exchange rate. GDP in current dollars is convenient for comparing the size of economies in a given year, but it is poorly suited to trends over time: it is moved both by inflation and by exchange rate swings.

Important: For comparing trends over time there is GDP growth in constant prices, and for comparing living standards, GDP per capita at PPP.

Source: World Development Indicators (World Bank), license CC BY 4.0.

Other indicators for the Turks and Caicos Islands

Economy GDP in constant prices

The size of the economy in 2015 prices — the series on which real growth is visible rather than inflation.

Turks and Caicos Islands by year Economy GDP per capita

GDP divided by the population, in current US dollars.

Turks and Caicos Islands by year Economy GDP at purchasing power parity

The size of the economy in international dollars — adjusted for price differences between countries.

Turks and Caicos Islands by year
All indicators for the Turks and Caicos Islands