Turks and Caicos Islands — GDP
GDP (Nominal) for Turks and Caicos Islands, 2001–2024.
GDP for Turks and Caicos Islands was 1.75 billion in 2024, according to the latest World Bank data. The series covers 24 years, from 2001 to 2024. The latest year is also the highest value on record for this series. The lowest was 358.74 million in 2001 (about 4.9× the low point). Across that span the compound annual growth rate works out to 7.12% per year.
Turks and Caicos Islands ranks 196 of 212 economies on this measure (1 = highest), putting it in the top 92%. The median for Latin America & Caribbean is 32.08 billion, so Turks and Caicos Islands sits below it. Over the last decade (2014–2024) the figure moved up 82%. Within Latin America & Caribbean it ranks 36 of 40 economies; Grenada (1.42 billion) is just below it. Its sharpest one-year move was up 35% in 2021. That is 36% above this series' own ten-year average.
Data highlights
From its 2001 level: doubled by 2006. Doubling roughly every 10 years at that pace.
World ranking. Climbed: 195th of 205 in 2001 → 200th of 212 in 2010 → 196th of 210 in 2020 → 184th of 200 in 2024.
Key figures
Full history — 2001 to 2024
| Year | current US$ | Change |
|---|---|---|
| 2024 | 1,745,378,000 | +6.5% |
| 2023 | 1,638,653,000 | +14.3% |
| 2022 | 1,434,119,000 | +16.0% |
| 2021 | 1,236,459,000 | +34.6% |
| 2020 | 918,387,000 | -33.1% |
| 2019 | 1,371,838,000 | +4.4% |
| 2018 | 1,314,329,000 | +9.7% |
| 2017 | 1,197,958,000 | -0.3% |
| 2016 | 1,202,078,000 | +11.5% |
| 2015 | 1,078,274,000 | +12.7% |
| 2014 | 956,605,000 | +10.8% |
| 2013 | 863,328,000 | +3.7% |
| 2012 | 832,848,000 | -1.2% |
| 2011 | 842,941,000 | +22.7% |
| 2010 | 686,788,000 | -2.3% |
| 2009 | 703,176,000 | -18.5% |
| 2008 | 862,684,000 | +11.5% |
| 2007 | 773,490,000 | +7.1% |
| 2006 | 721,891,500 | +24.8% |
| 2005 | 578,645,800 | +19.2% |
| 2004 | 485,598,800 | +18.5% |
| 2003 | 409,753,600 | +11.7% |
| 2002 | 366,707,900 | +2.2% |
| 2001 | 358,744,800 | — |
Frequently asked questions
What was Turks and Caicos Islands’s GDP in 2002?
366,707,900 (2002). The full year-by-year table above lists every published year, most recent first.
Are Turks and Caicos Islands’s GDP figures nominal or inflation-adjusted?
They are exactly as the World Bank publishes them — current US$ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.
Is Turks and Caicos Islands’s GDP growing or shrinking?
Between 2001 and 2024 the series was growing overall: +386.5% in total — about 7.1% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.CD. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2024: 1,745,378,000; 2023: 1,638,653,000; 2022: 1,434,119,000; 2021: 1,236,459,000; 2020: 918,387,000. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.CD — GDP (Nominal). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.