GDP (constant LCU), annual growth rate in Turks and Caicos Islands

Turks and Caicos Islands: GDP (constant LCU), annual growth rate was 5.64 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.64 % change on previous year
Change on year
down 58.9%
World rank
31st
of 212 countries
All-time high
91.14 % change on previous year
in 2018
All-time low
-33.82 % change on previous year
in 2020
Years of data
17
2008–2024

GDP (constant LCU), annual growth rate in Turks and Caicos Islands, 2008–2024

-2502550751002008201620242008: 8.3 % change on previous year2009: -19.6 % change on previous year2010: 0.985 % change on previous year2011: 4.6 % change on previous year2012: -2.7 % change on previous year2013: 1.1 % change on previous year2014: 8.7 % change on previous year2015: 11.3 % change on previous year2016: 7.3 % change on previous year2017: -2.5 % change on previous year2018: 91.1 % change on previous year2019: 5 % change on previous year2020: -33.8 % change on previous year2021: 29.6 % change on previous year2022: 14.1 % change on previous year2023: 13.7 % change on previous year2024: 5.6 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp (constant lcu), annual growth rate in Turks and Caicos Islands is 5.64 % change on previous year, measured in 2024.

The figure is down 58.9% on the previous year and down 35.3% over ten years.

Over the whole period, gdp (constant lcu), annual growth rate in Turks and Caicos Islands peaked at 91.14 % change on previous year in 2018 and was at its lowest, -33.82 % change on previous year, in 2020.

Turks and Caicos Islands ranks 31st of 212 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (constant LCU), annual growth rate in Turks and Caicos Islands, year by year

Annual values for GDP (constant LCU), annual growth rate in Turks and Caicos Islands, 2008 to 2024.
Year % change on previous year Change
2008 8.27 % change on previous year
2009 -19.55 % change on previous year -336.3%
2010 0.9849 % change on previous year -105.0%
2011 4.62 % change on previous year +369.1%
2012 -2.67 % change on previous year -157.7%
2013 1.07 % change on previous year -140.2%
2014 8.71 % change on previous year +713.5%
2015 11.31 % change on previous year +29.9%
2016 7.25 % change on previous year -35.9%
2017 -2.49 % change on previous year -134.3%
2018 91.14 % change on previous year -3759.8%
2019 4.98 % change on previous year -94.5%
2020 -33.82 % change on previous year -778.8%
2021 29.63 % change on previous year -187.6%
2022 14.09 % change on previous year -52.5%
2023 13.73 % change on previous year -2.5%
2024 5.64 % change on previous year -58.9%

Turks and Caicos Islands compared with similar countries

  • Turks and Caicos Islands's 5.64 % change on previous year is above the median for high income countries, which is 2.27 % change on previous year, 2.5× the median. (83 countries reporting)
  • Turks and Caicos Islands's 5.64 % change on previous year is above the median for Latin America & Caribbean, which is 3.38 % change on previous year, 1.7× the median. (41 countries reporting)

Biggest year-on-year movements

Years where GDP (constant LCU), annual growth rate in Turks and Caicos Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2018 +3759.8% -2.49 % change on previous year 91.14 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
2000s -5.64 % change on previous year -19.55 % change on previous year 8.27 % change on previous year 2
2010s 12.49 % change on previous year -2.67 % change on previous year 91.14 % change on previous year 10
2020s 5.85 % change on previous year -33.82 % change on previous year 29.63 % change on previous year 5

Countries ranked near Turks and Caicos Islands

  1. 28 Philippines 5.69 % change on previous year compare
  2. 29 Ghana 5.69 % change on previous year compare
  3. 30 Guinea 5.67 % change on previous year compare
  4. 32 Tanzania 5.53 % change on previous year compare
  5. 33 Togo 5.3 % change on previous year compare
  6. 34 Kiribati 5.27 % change on previous year compare

See the full ranking of 212 places →

More population data for Turks and Caicos Islands

All data for Turks and Caicos Islands →

Frequently asked questions

What is gdp (constant lcu), annual growth rate in Turks and Caicos Islands?
Gdp (constant lcu), annual growth rate in Turks and Caicos Islands was 5.64 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (constant lcu), annual growth rate recorded in Turks and Caicos Islands?
The highest recorded value was 91.14 % change on previous year in 2018.
What is the lowest gdp (constant lcu), annual growth rate recorded in Turks and Caicos Islands?
The lowest recorded value was -33.82 % change on previous year in 2020.
How does Turks and Caicos Islands rank for gdp (constant lcu), annual growth rate?
Turks and Caicos Islands ranks 31st out of 212 countries with data for 2024.
Is gdp (constant lcu), annual growth rate rising or falling in Turks and Caicos Islands?
Over the last ten years it is down 35.3%. The long-run trend across the full record is volatile.
Where does this Turks and Caicos Islands data come from?
The figures come from Statizoid (derived), published as part of GDP (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (constant LCU), annual growth rate in Turks and Caicos Islands. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-constant-lcu-annual-growth-rate-2/turks-and-caicos-islands/

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How this figure is calculated

The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
212 places, 10,021 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.