Industry (including construction), value added in Turks and Caicos Islands
Turks and Caicos Islands: Industry (including construction), value added was 162.97 million current US$ in 2024. ▲ Rising
Industry (including construction), value added in Turks and Caicos Islands, 2001–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, industry (including construction), value added in Turks and Caicos Islands stood at 162.97 million current US$.
The figure is up 4.9% on the previous year and up 113.7% over ten years.
Over the whole period, industry (including construction), value added in Turks and Caicos Islands peaked at 168.59 million current US$ in 2008 and was at its lowest, 50.25 million current US$, in 2001.
That places Turks and Caicos Islands 195th out of 208 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 103.55 million current US$ | 50.25 million current US$ | 168.59 million current US$ | 9 |
| 2010s | 89.55 million current US$ | 66.83 million current US$ | 119.55 million current US$ | 10 |
| 2020s | 137.20 million current US$ | 102.27 million current US$ | 162.97 million current US$ | 5 |
Countries ranked near Turks and Caicos Islands
- 192 Grenada 219.93 million current US$ compare
- 193 Saint Vincent and the Grenadines 189.60 million current US$ compare
- 194 Comoros 179.04 million current US$ compare
- 196 Samoa 130.93 million current US$ compare
- 197 Vanuatu 130.60 million current US$ compare
- 198 Tonga 114.43 million current US$ 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 industry (including construction), value added in Turks and Caicos Islands?
- Industry (including construction), value added in Turks and Caicos Islands was 162.97 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Turks and Caicos Islands?
- The highest recorded value was 168.59 million current US$ in 2008.
- What is the lowest industry (including construction), value added recorded in Turks and Caicos Islands?
- The lowest recorded value was 50.25 million current US$ in 2001.
- How does Turks and Caicos Islands rank for industry (including construction), value added?
- Turks and Caicos Islands ranks 195th out of 208 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 113.7%. 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 Industry (including construction), value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.