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Gross national income — all countries

Gross national income — Turks and Caicos Islands

Gross national income in the Turks and Caicos Islands in 2024 — 1,721,878,000 US$. Ranked 182 in the world out of 198. Since 2014, the indicator has risen by 90.2%.

2024 1.72B US$ +4.9% vs 2023
World rank 182of 198
Period maximum 1.72B US$2024
Period minimum 905M US$2014

Trend over time

2014–2024 · US$

Gross national income — Turks and Caicos Islands, 2014–2024750M1B1.25B1.5B1.75B201420152016201720182019202020212022202320242014: 905,105,000 US$2015: 1,015,274,000 US$2016: 1,160,978,000 US$2017: 1,200,058,000 US$2018: 1,311,529,000 US$2019: 1,343,838,000 US$2020: 918,687,000 US$2021: 1,241,659,000 US$2022: 1,417,919,000 US$2023: 1,641,453,000 US$2024: 1,721,878,000 US$
Change over the period: +817M (+90.24%) Average annual rate: 6.64 %

Comparison, 2024

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

Turks and Caicos Islands 1.72B US$
World 111T US$
Latin America & Caribbean 6.79T US$
Caribbean computed 323B US$
High-income countries computed 70.8T US$
Gross national income — Turks and Caicos Islands, by year Turks and Caicos Islands All countries CSV XLSX
Year US$ Change Change, %
2024 1.72B +80.43M +4.9%
2023 1.64B +224M +15.76%
2022 1.42B +176M +14.2%
2021 1.24B +323M +35.16%
2020 919M −425M −31.64%
2019 1.34B +32.31M +2.46%
2018 1.31B +111M +9.29%
2017 1.2B +39.08M +3.37%
2016 1.16B +146M +14.35%
2015 1.02B +110M +12.17%
2014 905M — —

Caribbean, 2024

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

DO Dominican Republic 118B PR Puerto Rico 85.44B TT Trinidad and Tobago 25.23B HT Haiti 24.26B JM Jamaica 21.62B BS Bahamas 15.2B BB Barbados 7.32B KY Cayman Islands 6.27B AW Aruba 3.94B CW Curaçao 3.63B LC Saint Lucia 2.35B AG Antigua and Barbuda 2.07B SX Sint Maarten 1.74B TC Turks and Caicos Islands 1.72B GD Grenada 1.27B VC Saint Vincent and the Grenadines 1.17B KN Saint Kitts and Nevis 1.08B DM Dominica 672M
Full table for all countries

About the indicator

Gross national income in current dollars: everything produced inside the country, plus the income its residents receive from abroad, minus the income non-residents receive inside it. This adjustment is exactly what separates GNI from GDP, and in most countries the difference is small, though not everywhere: in Ireland GNI is markedly below GDP because of the profits of foreign corporations, while in countries with large labor migration it is higher, on account of remittances and earnings abroad. It is by GNI per capita that the World Bank divides countries into income groups.

Important: The divergence from GDP is worth looking at as a pair: the difference itself is the net income from abroad.

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

Other indicators for the Turks and Caicos Islands

Economy GNI at purchasing power parity

The income of a country's residents converted by purchasing power rather than by the exchange rate.

Turks and Caicos Islands by year Economy GNI per capita

Gross national income per person — the basis for classifying countries by income group.

Turks and Caicos Islands by year Economy GDP

Gross domestic product in current US dollars — the size of a country's economy.

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