Gross value added at basic prices (GVA) in Turks and Caicos Islands
Turks and Caicos Islands: Gross value added at basic prices (GVA) was 1.39 billion constant LCU in 2024. ▲ Rising
Gross value added at basic prices (GVA) in Turks and Caicos Islands, 2007–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2024, gross value added at basic prices (gva) in Turks and Caicos Islands stood at 1.39 billion constant LCU. That is the highest value across all 18 years on record.
The figure is up 5.5% on the previous year and up 184.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in Turks and Caicos Islands peaked at 1.39 billion constant LCU in 2024 and was at its lowest, 451.62 million constant LCU, in 2012.
That places Turks and Caicos Islands 191st out of 197 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 | 512.47 million constant LCU | 453.00 million constant LCU | 570.67 million constant LCU | 3 |
| 2010s | 679.42 million constant LCU | 451.62 million constant LCU | 1.18 billion constant LCU | 10 |
| 2020s | 1.13 billion constant LCU | 777.61 million constant LCU | 1.39 billion constant LCU | 5 |
Countries ranked near Turks and Caicos Islands
- 188 Saint Kitts and Nevis 2.07 billion constant LCU compare
- 189 East Timor 1.62 billion constant LCU compare
- 190 Dominica 1.50 billion constant LCU compare
- 192 San Marino 1.31 billion constant LCU compare
- 193 Tonga 902.26 million constant LCU compare
- 194 Kiribati 378.20 million constant LCU compare
More economy & growth data for Turks and Caicos Islands
- Agriculture, forestry, and fishing, value added 2.1% (2024)
- GDP deflator 107.57 base year varies by country (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 US$ (2024)
- Gross value added at basic prices (GVA) 1.44 billion current LCU (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 gross value added at basic prices (gva) in Turks and Caicos Islands?
- Gross value added at basic prices (gva) in Turks and Caicos Islands was 1.39 billion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Turks and Caicos Islands?
- The highest recorded value was 1.39 billion constant LCU in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Turks and Caicos Islands?
- The lowest recorded value was 451.62 million constant LCU in 2012.
- How does Turks and Caicos Islands rank for gross value added at basic prices (gva)?
- Turks and Caicos Islands ranks 191st out of 197 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 184.6%. The long-run trend across the full record is rising.
- Where does this Turks and Caicos Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.