Manufacturing, value added in Turks and Caicos Islands
Turks and Caicos Islands: Manufacturing, value added was 7.80 million current US$ in 2024. ▼ Falling
Manufacturing, value added in Turks and Caicos Islands, 2001–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2024, manufacturing, value added in Turks and Caicos Islands stood at 7.80 million current US$.
The figure is up 1.5% on the previous year and up 28.8% over ten years.
Over the whole period, manufacturing, value added in Turks and Caicos Islands peaked at 14.50 million current US$ in 2007 and was at its lowest, 4.97 million current US$, in 2012.
That places Turks and Caicos Islands 199th out of 204 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.18 million current US$ | 10.36 million current US$ | 14.50 million current US$ | 9 |
| 2010s | 6.28 million current US$ | 4.97 million current US$ | 8.61 million current US$ | 10 |
| 2020s | 7.06 million current US$ | 4.99 million current US$ | 8.37 million current US$ | 5 |
Countries ranked near Turks and Caicos Islands
- 196 Sint Maarten (Dutch part) 15.84 million current US$ compare
- 197 Kiribati 14.57 million current US$ compare
- 198 Marshall Islands 9.04 million current US$ compare
- 200 Sao Tome and Principe 5.83 million current US$ compare
- 201 Palau 3.89 million current US$ compare
- 202 Micronesia (country) 2.41 million current 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 9.04 million constant 2015 US$ (2024)
- Manufacturing, value added 7.80 million current LCU (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 7.80 million current 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 14.50 million current US$ in 2007.
- What is the lowest manufacturing, value added recorded in Turks and Caicos Islands?
- The lowest recorded value was 4.97 million current US$ in 2012.
- How does Turks and Caicos Islands rank for manufacturing, value added?
- Turks and Caicos Islands ranks 199th out of 204 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 28.8%. 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 (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.