Service imports — all countries

Service imports — Turks and Caicos Islands

Service imports in the Turks and Caicos Islands in 2018 — 74,406,113 US$. Ranked 177 in the world out of 183. Since 2014, the indicator has risen by 23.8%.

2018 74.41M US$ +12.02% vs 2017
World rank 177of 183
Period maximum 74.41M US$2018
Period minimum 59.67M US$2015

Trend over time

2014–2018 · US$

Service imports — Turks and Caicos Islands, 2014–201855M60M65M70M75M201420152016201720182014: 60,110,202 US$2015: 59,670,633 US$2016: 60,188,927 US$2017: 66,421,933 US$2018: 74,406,113 US$
Change over the period: +14.3M (+23.78%) Average annual rate: 5.48 %

Comparison, 2018

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

Turks and Caicos Islands 74.41M US$
World 5.88T US$
High-income countries computed 4.27T US$
Service imports — Turks and Caicos Islands, by year Turks and Caicos Islands All countries CSV XLSX
Year US$ Change Change, %
2018 74.41M +7.98M +12.02%
2017 66.42M +6.23M +10.36%
2016 60.19M +518,294 +0.87%
2015 59.67M −439,569 −0.73%
2014 60.11M

About the indicator

Imports of services: what residents spend on foreign transport, travel, insurance, business and computer services. A large and inconspicuous item: the spending of a country's own tourists abroad is counted here, so countries with well-off populations and a short holiday season have large service imports even when merchandise trade is weak. For many countries the difference between exports and imports of services flips the sign of a trade balance computed on goods alone.

Important: The trips of a country's own citizens abroad are part of service imports, not a separate item. It excludes compensation paid to foreign workers and investment income.

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