tc Turks and Caicos Islands 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$1.40 billion

↑ 14.10% vs 2022
GDP per Capita

$30,348.81

↑ 13.23% vs 2022
GDP Growth (Annual %)

1.20%

↓ 5.00pp vs 2022
Inflation Rate (CPI %)

N/A

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $1.23 billion $1.40 billion +14.10%
GDP per Capita $26,802.07 $30,348.81 +13.23%
GDP Growth (Annual %) 6.20% 1.20% -5.00pp
Inflation (CPI %) N/A N/A N/A

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$1.40 billion
GDP per Capita
$30,348.81
GDP Growth (Annual %)
1.20%
Gross National Income
$1.34 billion
Prices & Employment
Inflation (CPI %)
N/A
Inflation (GDP Deflator %)
12.75%
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)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, Turks and Caicos Islands's Gross Domestic Product (GDP) is $1.40 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Turks and Caicos Islands for 2023 is $30,348.81. GDP per capita is calculated by dividing the country's GDP by its population.

Turks and Caicos Islands's annual GDP growth rate for 2023 is 1.20%. This indicates the rate at which the country's economy is expanding or contracting.