GDP deflator — all countries

GDP deflator — Turks and Caicos Islands

GDP deflator in the Turks and Caicos Islands in 2024 — 0.83%. Ranked 23 in the world out of 200. Since 2008, the indicator has fallen by 2.18 pp.

2024 0.83% +0.36 pp vs 2023
World rank 23of 200
Period maximum 17.32%2011
Period minimum -42.92%2017

Trend over time

2008–2024 · % per year

GDP deflator — Turks and Caicos Islands, 2008–2024-60-40-200202008201020122014201620182020202220242008: 3.01%2009: 1.32%2010: -3.28%2011: 17.32%2012: 1.51%2013: 2.56%2014: 1.93%2015: 1.26%2016: 3.94%2017: -42.92%2018: 2.77%2019: -0.58%2020: 1.15%2021: 3.86%2022: 1.66%2023: 0.47%2024: 0.83%
Change over the period: −2.18 pp Annual average: -0.14 pp

Comparison, 2024

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

Turks and Caicos Islands 0.83%
World 4.09%
Caribbean computed 4.38%
High-income countries computed 3.07%
GDP deflator — Turks and Caicos Islands, by year Turks and Caicos Islands All countries CSV XLSX
Year % Change, pp
2024 0.83 +0.36 pp
2023 0.47 −1.2 pp
2022 1.66 −2.2 pp
2021 3.86 +2.71 pp
2020 1.15 +1.73 pp
2019 -0.58 −3.35 pp
2018 2.77 +45.69 pp
2017 -42.92 −46.86 pp
2016 3.94 +2.68 pp
2015 1.26 −0.66 pp
2014 1.93 −0.64 pp
2013 2.56 +1.05 pp
2012 1.51 −15.81 pp
2011 17.32 +20.6 pp
2010 -3.28 −4.6 pp
2009 1.32 −1.69 pp
2008 3.01

About the indicator

The annual change in the GDP deflator — the ratio of GDP in current prices to GDP in constant prices. Unlike the consumer price index it covers the prices of all final goods and services, including investment and export goods, but not imported ones. For commodity exporters the GDP deflator can diverge sharply from consumer inflation, following world prices.

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