GDP, PPP in Turks and Caicos Islands
Turks and Caicos Islands: GDP, PPP was 1.77 billion current international $ in 2024. ▲ Rising
GDP, PPP in Turks and Caicos Islands, 2007–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
Turks and Caicos Islands recorded 1.77 billion current international $ for gdp, ppp in 2024. That is the highest value across all 18 years on record.
That represents a change of up 8.3% on the previous year and up 97.5% over ten years.
Over the whole period, gdp, ppp in Turks and Caicos Islands peaked at 1.77 billion current international $ in 2024 and was at its lowest, 751.01 million current international $, in 2009.
That places Turks and Caicos Islands 192nd out of 203 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 839.83 million current international $ | 751.01 million current international $ | 927.79 million current international $ | 3 |
| 2010s | 1.00 billion current international $ | 758.53 million current international $ | 1.35 billion current international $ | 10 |
| 2020s | 1.36 billion current international $ | 866.86 million current international $ | 1.77 billion current international $ | 5 |
Countries ranked near Turks and Caicos Islands
- 189 Solomon Islands 2.34 billion current international $ compare
- 190 Saint Vincent and the Grenadines 2.28 billion current international $ compare
- 191 Samoa 2.04 billion current international $ compare
- 193 Saint Kitts and Nevis 1.73 billion current international $ compare
- 194 Sao Tome and Principe 1.53 billion current international $ compare
- 195 Vanuatu 1.52 billion current international $ compare
More economy & growth data for Turks and Caicos Islands
- Agriculture, forestry, and fishing, value added 2.1% (2024)
- Gross value added at basic prices (GVA) 1.44 billion current US$ (2024)
- Manufacturing, value added 9.04 million constant 2015 US$ (2024)
- Manufacturing, value added 7.80 million current LCU (2024)
- Manufacturing, value added 7.80 million current US$ (2024)
- Gross value added at basic prices (GVA) 1.44 billion current LCU (2024)
- Gross value added at basic prices (GVA) 2.34 billion constant 2015 US$ (2024)
- Agriculture, forestry, and fishing, value added 5.48 million constant LCU (2024)
- Foreign direct investment, net inflows 2.5% (2024)
- GDP 1.75 billion current LCU (2024)
Frequently asked questions
- What is gdp, ppp in Turks and Caicos Islands?
- Gdp, ppp in Turks and Caicos Islands was 1.77 billion current international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp, ppp recorded in Turks and Caicos Islands?
- The highest recorded value was 1.77 billion current international $ in 2024.
- What is the lowest gdp, ppp recorded in Turks and Caicos Islands?
- The lowest recorded value was 751.01 million current international $ in 2009.
- How does Turks and Caicos Islands rank for gdp, ppp?
- Turks and Caicos Islands ranks 192nd out of 203 countries with data for 2024.
- Is gdp, ppp rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 97.5%. The long-run trend across the full record is rising.
- Where does this Turks and Caicos Islands data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GDP, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for gross domestic product (GDP) expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.