tc Turks and Caicos Islands 2024

Detailed economic analysis and indicators for 2024

Year 2024

Key Economic Indicators (2024)

GDP (Current USD)

$1.37 billion

↓ 2.59% vs 2023
GDP per Capita

$29,562.97

↓ 2.59% vs 2023
GDP Growth (Annual %)

-2.59%

↓ 3.79pp vs 2023
Inflation Rate (CPI %)

N/A

Year-over-Year Comparison

Indicator 2023 2024 Change
GDP (Current USD) $1.40 billion $1.37 billion -2.59%
GDP per Capita $30,348.81 $29,562.97 -2.59%
GDP Growth (Annual %) 1.20% -2.59% -3.79pp
Inflation (CPI %) N/A N/A N/A

All Economic Indicators (2024)

National Accounts
GDP (Current USD)
$1.37 billion
GDP per Capita
$29,562.97
GDP Growth (Annual %)
-2.59%
Gross National Income
N/A
Prices & Employment
Inflation (CPI %)
N/A
Inflation (GDP Deflator %)
N/A
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 2024, Turks and Caicos Islands's Gross Domestic Product (GDP) is $1.37 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Turks and Caicos Islands for 2024 is $29,562.97. GDP per capita is calculated by dividing the country's GDP by its population.

Turks and Caicos Islands's annual GDP growth rate for 2024 is -2.59%. This indicates the rate at which the country's economy is expanding or contracting.