Services share of GDP — all countries

Services share of GDP — Turks and Caicos Islands

Services share of GDP in the Turks and Caicos Islands in 2024 — 72.6%. Ranked 19 in the world out of 189. Since 2000, the indicator has fallen by 6.9 pp.

2024 72.6% −1 pp vs 2023
World rank 19of 189
Period maximum 83.4%2010
Period minimum 71.5%2006

Trend over time

2000–2024 · % of GDP

Services share of GDP — Turks and Caicos Islands, 2000–2024707580852000200320062009201220152018202120242000: 79.5%2001: 80.3%2002: 78.7%2003: 75.8%2004: 74.2%2005: 73.2%2006: 71.5%2007: 74.8%2008: 77.4%2009: 80.9%2010: 83.4%2011: 78.9%2012: 77.8%2013: 77.7%2014: 76.2%2015: 75.3%2016: 77%2017: 76.2%2018: 75.8%2019: 78.3%2020: 75.5%2021: 74%2022: 72.4%2023: 73.6%2024: 72.6%
Change over the period: −6.9 pp Annual average: -0.29 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 72.6%
World 63.3%
High-income countries computed 65.7%
Services share of GDP — Turks and Caicos Islands, by year Turks and Caicos Islands All countries CSV XLSX
Year % Change, pp
2024 72.6 −1 pp
2023 73.6 +1.2 pp
2022 72.4 −1.6 pp
2021 74 −1.4 pp
2020 75.5 −2.8 pp
2019 78.3 +2.5 pp
2018 75.8 −0.4 pp
2017 76.2 −0.8 pp
2016 77 +1.7 pp
2015 75.3 −0.9 pp
2014 76.2 −1.5 pp
2013 77.7 −0.1 pp
2012 77.8 −1.1 pp
2011 78.9 −4.5 pp
2010 83.4 +2.5 pp
2009 80.9 +3.5 pp
2008 77.4 +2.6 pp
2007 74.8 +3.3 pp
2006 71.5 −1.7 pp
2005 73.2 −1 pp
2004 74.2 −1.6 pp
2003 75.8 −3 pp
2002 78.7 −1.5 pp
2001 80.3 +0.7 pp
2000 79.5

About the indicator

The share of value added by the service sector in GDP: wholesale and retail trade, transport, communications, finance, real estate, business and government services, education and health care. In most high-income countries it exceeds 70%; in small island states and tourism economies it reaches 80–90%.

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