tc Turks and Caicos Islands 2016

Detailed economic analysis and indicators for 2016

Year 2016

Key Economic Indicators (2016)

GDP (Current USD)

$1.03 billion

↑ 9.59% vs 2015
GDP per Capita

$26,946.42

↑ 4.70% vs 2015
GDP Growth (Annual %)

7.25%

↓ 4.06pp vs 2015
Inflation Rate (CPI %)

N/A

Year-over-Year Comparison

Indicator 2015 2016 Change
GDP (Current USD) $942.07 million $1.03 billion +9.59%
GDP per Capita $25,736.10 $26,946.42 +4.70%
GDP Growth (Annual %) 11.31% 7.25% -4.06pp
Inflation (CPI %) N/A N/A N/A

All Economic Indicators (2016)

National Accounts
GDP (Current USD)
$1.03 billion
GDP per Capita
$26,946.42
GDP Growth (Annual %)
7.25%
Gross National Income
$991.35 million
Prices & Employment
Inflation (CPI %)
N/A
Inflation (GDP Deflator %)
2.18%
Unemployment Rate (%)
N/A
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
23.93%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2016, Turks and Caicos Islands's Gross Domestic Product (GDP) is $1.03 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Turks and Caicos Islands for 2016 is $26,946.42. GDP per capita is calculated by dividing the country's GDP by its population.

Turks and Caicos Islands's annual GDP growth rate for 2016 is 7.25%. This indicates the rate at which the country's economy is expanding or contracting.