Turks and Caicos Islands: Economy

Economic Trivia

Turks and Caicos is home to the world s only conch farm. (bbc)

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2012): United States, Bahamas, and Switzerland
Top 3 Exported Goods (2012): Printed Material, Seafood, and Electrical Machinery

Top Industries Source: CIA World Factbook

tourism, offshore financial services, fishing

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) Data unavailable
GDP Growth Rate (annual %) Data unavailable
GDP Per Capita, PPP (current international) Data unavailable
Click on a row to display its 5-year graph on the right.

GDP Country Rank Data unavailable

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) Data unavailable
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) Data unavailable
Real Interest Rate (5 year average %) Data unavailable
Manufacturing, value added (% of GDP) Data unavailable
Current Account Balance (BoP, current US$) Data unavailable
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total Data unavailable
Employment in Agriculture (% of total employment) 1.2% (2008)
Employment in Industry (% of total employment) 23.1% (2008)
Employment in Services (% of total employment) 74% (2008)
Unemployment Rate Data unavailable
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) Data unavailable
Exports of goods and services (current US$) Data unavailable
Total Merchandise Trade (% of GDP) Data unavailable
FDI, net inflows (BoP, current US$) Data unavailable
Commercial Service Exports (current US$) Data unavailable
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Turks and Caicos Islands’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary