TC
Economy · Latin America & Caribbean · High income
Turks and Caicos Islands: the economy in numbers
GDP is $1.7bn (2024), 194th of 211 in the world and 36th of 41 in Latin America & Caribbean. GDP per capita is $37,507 (2024), 45th of 211 in the world and 7th of 41 in Latin America & Caribbean. GDP per capita, PPP is $38,010 (2024), 67th of 199 in the world and 10th of 38 in Latin America & Caribbean.
GDP
Turks and Caicos Islands
GDP per capita
Turks and Caicos IslandsLatin America & CaribbeanHigh incomeWorld
11 indicators
Economy: Turks and Caicos Islands in detail
Latest reported value, world rank and rank within Latin America & Caribbean; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GDPGDP, current US$ | $1.7bn2024 | 194/211 | 36/41 | $359m2001 | $687m | $918m | +82%since 2014 | $7.4tn | $76.9tn | $118tn | |
| GDP per capitaGDP per capita, current US$ | $37,5072024 | 45/211 | 7/41 | $18,3262001 | $23,094 | $20,691 | +37%since 2014 | $11,095 | $53,997 | $14,406 | |
| GDP per capita, PPPGDP per capita, PPP (current international $) | $38,0102024 | 67/199 | 10/38 | · | $25,812 | $19,530 | +49%since 2014 | $23,901 | $69,953 | $25,704 | |
| GNI per capitaGNI per capita, Atlas method, US$ | $36,7602024 | 39/201 | 4/38 | · | · | $20,840 | +45%since 2014 | $10,634 | $52,957 | $14,244 | |
| GDP growthGDP growth, annual % | 5.6%2024 | 41/210 | 4/41 | · | 1.0% | -33.8% | −3.1 ppsince 2014 | 2.3% | 1.9% | 2.9% | |
| GDP per capita growthGDP per capita growth, annual % | 4.9%2024 | 32/210 | 5/41 | · | -2.9% | -35.6% | +0.5 ppsince 2014 | 1.6% | 1.5% | 2.0% | |
| Agriculture shareAgriculture, forestry and fishing, % of GDP | 0.4%2024 | 188/198 | 35/37 | 1.4% | 0.6% | 0.4% | −0.2 ppsince 2014 | 6.8% | 1.3% | 4.0% | |
| Industry shareIndustry incl. construction, % of GDP | 9.3%2024 | 189/201 | 36/38 | 15.0% | 11.9% | 11.1% | +1.4 ppsince 2014 | 30.3% | 21.3% | 25.0% | |
| Manufacturing shareManufacturing, value added, % of GDP | 0.4%2024 | 193/194 | 38/38 | 3.4% | 1.3% | 0.5% | −0.2 ppsince 2014 | 17.1% | 12.0% | 14.9% | |
| Services shareServices, % of GDP | 72.6%2024 | 25/201 | 8/38 | 79.5% | 83.4% | 75.5% | −3.6 ppsince 2014 | 68.2% | 69.1% | 63.3% | |
| Resource rentsNatural resources rents, % of GDP | 0.0%2021 | 178/209 | 31/39 | 0.0%2001 | 0.0% | 0.0% | ±0.0 ppsince 2011 | 6.1% | 2.5% | 3.1% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- GDP+82%$1.7bn in 2024
- GDP per capita+37%$37,507 in 2024
- GDP per capita, PPP+49%$38,010 in 2024
- GNI per capita+45%$36,760 in 2024
Worse than ten years ago
- GDP growth−3.1 pp5.6% in 2024
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Turks and Caicos Islands and its neighbours
Countries sharing a land border with Turks and Caicos Islands. Latest values since 2005; the highest in each row is marked.
| Indicator | Turks and Caicos Islands | Haiti | Dominican Republic | Bahamas |
|---|---|---|---|---|
| GDP | $1.7bn2024 | $32.1bn2025 | $127bn2025 | $15.8bn2024 |
| GDP per capita | $37,5072024 | $2,6942025 | $11,0592025 | $39,4552024 |
| GDP per capita, PPP | $38,0102024 | $3,1342025 | $28,7212025 | $41,2582024 |
| GNI per capita | $36,7602024 | $2,0102025 | $10,6202025 | $37,0202024 |
| GDP growth | 5.6%2024 | -2.7%2025 | 2.1%2025 | 3.4%2024 |
| GDP per capita growth | 4.9%2024 | -3.8%2025 | 1.3%2025 | 2.9%2024 |
| Agriculture share | 0.4%2024 | 15.8%2025 | 4.6%2025 | 0.5%2024 |
| Industry share | 9.3%2024 | 27.5%2025 | 28.4%2025 | 9.6%2024 |
| Manufacturing share | 0.4%2024 | 20.2%2025 | 12.3%2025 | 0.6%2024 |