Turks and Caicos Islands — GDP
GDP (Nominal) for Turks and Caicos Islands, 2001–2024.
Latest value · 2024
1.75 billion
GDP (Nominal) · current US$ · +386.5% since 2001
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%.
Key figures
Latest (2024)
1.75 billion
First (2001)
358.74 million
Change
+386.5%
Highest
1.75 billion
in 2024
Lowest
358.74 million
in 2001
Average
940.86 million
Annual growth (CAGR)
7.12%
Years of data
24
Recent years
| Year | current US$ |
|---|---|
| 2024 | 1,745,378,000 |
| 2023 | 1,638,653,000 |
| 2022 | 1,434,119,000 |
| 2021 | 1,236,459,000 |
| 2020 | 918,387,000 |
| 2019 | 1,371,838,000 |
| 2018 | 1,314,329,000 |
| 2017 | 1,197,958,000 |
| 2016 | 1,202,078,000 |
| 2015 | 1,078,274,000 |
| 2014 | 956,605,000 |
| 2013 | 863,328,000 |
Reading this correctly. Gross domestic product at current market prices, converted to US dollars at official exchange rates. This is the number usually meant by 'GDP'. Figures are in current US$. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
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.