Manufacturing, value added in Turks and Caicos Islands
Turks and Caicos Islands: Manufacturing, value added was 9.04 million constant 2015 US$ in 2024. ▼ Falling
Manufacturing, value added in Turks and Caicos Islands, 2007–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
In 2024, manufacturing, value added in Turks and Caicos Islands stood at 9.04 million constant 2015 US$.
The figure is up 1.5% on the previous year and up 37.5% over ten years.
Over the whole period, manufacturing, value added in Turks and Caicos Islands peaked at 13.77 million constant 2015 US$ in 2007 and was at its lowest, 5.79 million constant 2015 US$, in 2012.
Turks and Caicos Islands ranks 181st of 185 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.26 million constant 2015 US$ | 11.17 million constant 2015 US$ | 13.77 million constant 2015 US$ | 3 |
| 2010s | 7.08 million constant 2015 US$ | 5.79 million constant 2015 US$ | 8.47 million constant 2015 US$ | 10 |
| 2020s | 8.08 million constant 2015 US$ | 6.52 million constant 2015 US$ | 9.07 million constant 2015 US$ | 5 |
Countries ranked near Turks and Caicos Islands
- 178 East Timor 29.00 million constant 2015 US$ compare
- 179 Dominica 27.07 million constant 2015 US$ compare
- 180 Kiribati 12.39 million constant 2015 US$ compare
- 182 Sao Tome and Principe 3.80 million constant 2015 US$ compare
- 183 Marshall Islands 3.33 million constant 2015 US$ compare
- 184 Palau 2.94 million constant 2015 US$ compare
More economy & growth data for Turks and Caicos Islands
- Agriculture, forestry, and fishing, value added 2.1% (2024)
- Manufacturing, value added 7.01 million constant LCU (2024)
- Gross value added at basic prices (GVA) 1.44 billion current 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 manufacturing, value added in Turks and Caicos Islands?
- Manufacturing, value added in Turks and Caicos Islands was 9.04 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Turks and Caicos Islands?
- The highest recorded value was 13.77 million constant 2015 US$ in 2007.
- What is the lowest manufacturing, value added recorded in Turks and Caicos Islands?
- The lowest recorded value was 5.79 million constant 2015 US$ in 2012.
- How does Turks and Caicos Islands rank for manufacturing, value added?
- Turks and Caicos Islands ranks 181st out of 185 countries with data for 2024.
- Is manufacturing, value added rising or falling in Turks and Caicos Islands?
- Over the last ten years it is up 37.5%. The long-run trend across the full record is falling.
- 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 Manufacturing, value added (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.