Turks and Caicos GDP Growth Rate (2026)
The Turks and Caicos Islands has a small high-income Caribbean economy centered on tourism, real estate, construction, and services. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+5.6%
Annual real GDP growth
World Rank
#22
Out of 218 economies
Change vs 2025
N/A
Previous-year data unavailable
North America Rank
#2
Out of 36 economies
1. Turks and Caicos GDP Growth Rate in 2026
Economic growth is strongly influenced by luxury tourism, property development, construction, investment, and U.S. travel demand.
2. Turks and Caicos GDP Growth Rate Trends (2026–2026)
The islands’ growth history has been shaped by rapid tourism development, real estate investment, external demand, and hurricane disruptions.
3. Turks and Caicos GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +5.6% | — |
4. Turks and Caicos GDP Growth Performance
Current Growth Rate
+5.6%
(2026 to 2026)
5-Year Average
+5.6%
(2022 to 2026)
10-Year Average
+5.6%
(2017 to 2026)
20-Year Average
+5.6%
(2007 to 2026)
The economy benefits from a high-value tourism market and strong property investment, while limited diversification creates significant exposure to travel conditions.
5. Turks and Caicos GDP Growth Rate vs North America and World
Turks and Caicos
+5.6%
North America Average
+2.5%
World Average
+2.9%
0.0%
2.8%
5.6%
Annual real GDP growth (%)
Turks and Caicos’s GDP growth rate is approximately
3.2 pp
above the
North America average
and
2.7 pp
above the world average.
6. Turks and Caicos GDP Growth Rate Ranking in North America
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #1 | Montserrat | +7.3% |
| #2 | Turks and Caicos | +5.6% |
| #3 | Saint Martin | +4.9% |
| #4 | Cayman Islands | +4.4% |
| #5 | Curaçao | +4.2% |
| #6 | Guatemala | +3.9% |
| #7 | Nicaragua | +3.8% |
| #8 | Panama | +3.8% |
| #9 | Dominican Republic | +3.7% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Turks and Caicos
Turks and Caicos GDP (Nominal)
$1.7 Billion
(2026)
Turks and Caicos GDP Growth Rate
+5.6%
(2026)
Turks and Caicos can grow faster than many Caribbean economies during tourism and construction booms, but activity can also be highly cyclical.
Explore more:
Turks and Caicos GDP
9. Turks and Caicos GDP Growth Rate Forecast
The outlook depends on tourism, real estate, construction, and international investment. Hurricanes and weaker global travel demand remain major risks.
Forecast data is currently unavailable for
Turks and Caicos.
10. Turks and Caicos GDP Growth Rate: Key Findings
Turks and Caicos GDP growth rate is estimated at +5.6% in 2026.
It ranks #22 globally and #2 in North America by annual GDP growth rate.
The 5-year average GDP growth rate is +5.6%.
The 10-year average GDP growth rate is +5.6%.
The current rate is 3.2 percentage points above the North America average.
The current rate is 2.7 percentage points above the world average.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
November 2026
13. Turks and Caicos GDP Growth Rate FAQs
Turks and Caicos GDP growth rate is estimated at +5.6% in 2026.
Turks and Caicos ranks #22 globally and #2 in North America by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +5.6% in 2026.
GDP growth rate data for 2015 is currently unavailable.
Turks and Caicos GDP growth rate is 3.2 percentage points above the North America average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.