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Indicators of economy on the Turks and Caicos Islands

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP on the Turks and Caicos Islands reached 23.880 US dollars per inhabitant, or 924.58 m US Dollar in the whole country. The Turks and Caicos Islands are currently ranked 194 among the international economies and are therefore one of the less significant. If this is calculated per inhabitant taking into account purchasing power parity, the Turks and Caicos Islands are placed on rank 55 in the list of the world's richest countries.

Compared to Germany, the prices of daily necessities are approximately 37.71% higher.


Back to overview: Turks and Caicos Islands

Economic performance 2020

 Turks and Caicos Islands
Total
Turks and Caicos Islands
per capita
EU
Total
EU
per capita
GDP924.58 m USD23,879.93 USD15,192.65 tn USD29,499.72 USD
Gross national product1.17 bn USD30,286.86 USD16,012.29 tn USD31,091.23 USD


Development of gross domestic product in million US Dollar 2009 - 2020



Im- and Exports 2018

 Turks and Caicos Islands
Total
Turks and Caicos Islands
per capita
EU
Total
EU
per capita
Imports544.22 m USD14,055.99 USD7,314.16 bn USD14,201.97 USD
Exports826.82 m USD21,354.93 USD7,834.94 bn USD15,213.17 USD


Development of imports and exports in million US dollars 2014 - 2018

Exports
Imports



Turks and Caicos Islands: AirportsThe 4 airports on the Turks and Caicos IslandsThe 4 biggest airports on the Turks and Caicos Islands with further information on airlines and destinations
Turks and Caicos Islands: OverviewTurks and Caicos Islands: country data and statisticsThe Turks and Caicos Islands in numbers: demographics, economy, energy and more data and comparisons with other countries.
Countries with US DollarCountries that use the US DollarUsage and exchange rates of the US Dollar. Convert the USD into any other currency.