GDP per capita growth — all countries

GDP per capita growth — Turks and Caicos Islands

GDP per capita growth in the Turks and Caicos Islands in 2024 — 4.87%. Ranked 24 in the world out of 200. Since 2008, the indicator has risen by 1.17 pp.

2024 4.87% −8 pp vs 2023
World rank 24of 200
Period maximum 67.6%2017
Period minimum -35.64%2020

Trend over time

2008–2024 · % per year

GDP per capita growth — Turks and Caicos Islands, 2008–2024-500501002008201020122014201620182020202220242008: 3.7%2009: -22.82%2010: -2.92%2011: 0.87%2012: -6.55%2013: -3.51%2014: 4.38%2015: 6.59%2016: 2.46%2017: 67.6%2018: 2.52%2019: 1.07%2020: -35.64%2021: 27.17%2022: 12.58%2023: 12.87%2024: 4.87%
Change over the period: +1.17 pp Annual average: 0.07 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 4.87%
World 1.91%
Caribbean computed 2.67%
High-income countries computed 1.13%
GDP per capita growth — Turks and Caicos Islands, by year Turks and Caicos Islands All countries CSV XLSX
Year % Change, pp
2024 4.87 −8 pp
2023 12.87 +0.28 pp
2022 12.58 −14.59 pp
2021 27.17 +62.81 pp
2020 -35.64 −36.71 pp
2019 1.07 −1.45 pp
2018 2.52 −65.07 pp
2017 67.6 +65.13 pp
2016 2.46 −4.12 pp
2015 6.59 +2.21 pp
2014 4.38 +7.89 pp
2013 -3.51 +3.04 pp
2012 -6.55 −7.41 pp
2011 0.87 +3.79 pp
2010 -2.92 +19.89 pp
2009 -22.82 −26.52 pp
2008 3.7

About the indicator

The annual growth of gross domestic product per person in constant prices. It differs from ordinary GDP growth by the rate of population growth, and in countries with fast-growing populations the difference runs to two or three percentage points a year — enough for brisk economic growth to mean stagnant income per person. It is this indicator, not GDP growth, that matches the everyday question of whether life has become better.

Important: It can be negative while GDP growth is positive — in that case the population is growing faster than the economy.

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