Industry value added — all countries

Industry value added — Turks and Caicos Islands

Industry value added in the Turks and Caicos Islands in 2024 — 162,965,000 US$. Ranked 178 in the world out of 188. Since 2001, the indicator has risen by 224.3%.

2024 163M US$ +4.89% vs 2023
World rank 178of 188
Period maximum 169M US$2008
Period minimum 50.25M US$2001

Trend over time

2001–2024 · US$

Industry value added — Turks and Caicos Islands, 2001–2024050M100M150M200M2001200420072010201320162019202220242001: 50,250,600 US$2002: 51,687,400 US$2003: 60,542,700 US$2004: 81,174,900 US$2005: 105,308,400 US$2006: 145,994,700 US$2007: 154,498,000 US$2008: 168,594,000 US$2009: 113,912,000 US$2010: 81,977,000 US$2011: 66,831,000 US$2012: 67,299,000 US$2013: 72,582,000 US$2014: 76,252,000 US$2015: 89,051,000 US$2016: 95,768,000 US$2017: 107,851,000 US$2018: 119,546,000 US$2019: 118,380,000 US$2020: 102,273,000 US$2021: 121,280,000 US$2022: 144,127,000 US$2023: 155,373,000 US$2024: 162,965,000 US$
Change over the period: +113M (+224.3%) Average annual rate: 5.25 %

Comparison, 2024

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

Turks and Caicos Islands 163M US$
World 28.4T US$
High-income countries computed 9.88T US$
Industry value added — Turks and Caicos Islands, by year Turks and Caicos Islands All countries CSV XLSX
Year US$ Change Change, %
2024 163M +7.59M +4.89%
2023 155M +11.25M +7.8%
2022 144M +22.85M +18.84%
2021 121M +19.01M +18.58%
2020 102M −16.11M −13.61%
2019 118M −1.17M −0.98%
2018 120M +11.7M +10.84%
2017 108M +12.08M +12.62%
2016 95.77M +6.72M +7.54%
2015 89.05M +12.8M +16.79%
2014 76.25M +3.67M +5.06%
2013 72.58M +5.28M +7.85%
2012 67.3M +468,000 +0.7%
2011 66.83M −15.15M −18.48%
2010 81.98M −31.94M −28.03%
2009 114M −54.68M −32.43%
2008 169M +14.1M +9.12%
2007 154M +8.5M +5.82%
2006 146M +40.69M +38.64%
2005 105M +24.13M +29.73%
2004 81.17M +20.63M +34.08%
2003 60.54M +8.86M +17.13%
2002 51.69M +1.44M +2.86%
2001 50.25M

About the indicator

Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.

Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.

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