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): China, and Hong Kong
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) [1]

GDP, PPP (current international) $1,047,275,650 (2022)
GDP Growth Rate (annual %) -0.499% (2022)
GDP Per Capita, PPP (current international) $22,915 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 188/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) Data unavailable
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) Data unavailable
Real Interest Rate (5 year average %) Data unavailable
Manufacturing, value added (% of GDP) 0.593% (2021)
Current Account Balance (BoP, current US$) $172,709,259 (2018)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total Data unavailable
Employment in Agriculture (% of total employment) 1.21% (2008)
Employment in Industry (% of total employment) 23.07% (2008)
Employment in Services (% of total employment) 74.05% (2008)
Unemployment Rate Data unavailable
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) Data unavailable
Exports of goods and services (current US$) Data unavailable
Total Merchandise Trade (% of GDP) 41.447% (2022)
FDI, net inflows (BoP, current US$) $35,000,000 (2022)
Commercial Service Exports (current US$) $821,023,789 (2018)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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


  1. The World Bank