Turks and Caicos Islands GDP (2026)
LiveThe Turks and Caicos Islands have developed a high-value tourism economy centered on luxury resorts, vacation properties, restaurants, and marine recreation. Real estate, construction, financial activities, and transportation have expanded alongside increasing international visitor demand. This page covers Turks and Caicos GDP statistics, historical developments, and the outlook for 2026.
Turks and Caicos Islands GDP Growth (2001โ2024)
Annual real GDP growth rate (%)
Historical Highlights
2001โ2024 GDP performance summary
Share of World GDP (2026)
Key Findings
Turks and Caicos Islands's GDP in 2026 is $1.75B.
It ranks #0 among 218 countries.
Turks and Caicos Islands contributes 0.00% to the world economy.
GDP per capita is N/A in 2024.
The economy recorded GDP growth of 0.00% in 2024.
Turks and Caicos Islands GDP Historical Data (2001โ2024)
| 2024 | $1,745,378,000 | 0.00% | N/A | 0.00% | #187 |
| 2023 | $1,638,653,000 | 0.00% | N/A | 0.00% | #193 |
| 2022 | $1,434,119,000 | 0.00% | N/A | 0.00% | #197 |
| 2021 | $1,236,459,000 | 0.00% | N/A | 0.00% | #198 |
| 2020 | $918,387,000 | 0.00% | N/A | 0.00% | #200 |
| 2019 | $1,371,838,000 | 0.00% | N/A | 0.00% | #197 |
| 2018 | $1,314,329,000 | 0.00% | N/A | 0.00% | #196 |
| 2017 | $1,197,958,000 | 0.00% | N/A | 0.00% | #198 |
| 2016 | $1,202,078,000 | 0.00% | N/A | 0.00% | #198 |
| 2015 | $1,078,274,000 | 0.00% | N/A | 0.00% | #197 |
| 2014 | $956,605,000 | 0.00% | N/A | 0.00% | #199 |
| 2013 | $863,328,000 | 0.00% | N/A | 0.00% | #198 |
| 2012 | $832,848,000 | 0.00% | N/A | 0.00% | #198 |
| 2011 | $842,941,000 | 0.00% | N/A | 0.00% | #197 |
| 2010 | $686,788,000 | 0.00% | N/A | 0.00% | #200 |
| 2009 | $703,176,000 | 0.00% | N/A | 0.00% | #199 |
| 2008 | $862,684,000 | 0.00% | N/A | 0.00% | #193 |
| 2007 | $773,490,000 | 0.00% | N/A | 0.00% | #192 |
| 2006 | $721,891,500 | 0.00% | N/A | 0.00% | #191 |
| 2005 | $578,645,800 | 0.00% | N/A | 0.00% | #194 |
| 2004 | $485,598,800 | 0.00% | N/A | 0.00% | #196 |
| 2003 | $409,753,600 | 0.00% | N/A | 0.00% | #198 |
| 2002 | $366,707,900 | 0.00% | N/A | 0.00% | #198 |
| 2001 | $358,744,800 | 0.00% | N/A | 0.00% | #193 |
Turks and Caicos Islands GDP Projections (IMF)
iTurks and Caicos Islands Economy Overview
The Turks and Caicos Islands have developed around an upscale tourism model centered on beaches, resorts, villas, restaurants, and marine recreation. Visitor expenditure drives much of the economy and has stimulated rapid growth in construction, property development, transportation, and local services. Real estate transactions and financial services provide additional high-value activity, while fisheries retain a smaller traditional role. The territory imports most goods consumed by residents and visitors, making shipping and international connectivity essential. Economic performance is closely tied to North American tourism and investment markets.
Turks and Caicos Islands GDP Outlook
The Turks and Caicos Islands are expected to benefit from premium tourism, real estate development, and construction. New resort projects, aviation links, and luxury services could support continued growth, while professional and financial services may offer additional diversification. The economy remains vulnerable to hurricanes, high property costs, tourism concentration, imported inflation, and dependence on North American demand.
Data & Methodology
How the figures on this page are compiled
- Primary Sources
- IMF, World Bank, United Nations and OECD
- Historical Coverage
- 2001โ2024
- GDP Measurement
- Nominal gross domestic product in current U.S. dollars
- Update Schedule
- Updated annually using the latest available projections
- Population Data
- United Nations World Population Prospects
Frequently Asked Questions
Turks and Caicos Islands's nominal GDP in 2024 is approximately $1,745,378,000, measured in current US dollars.
Turks and Caicos Islands's GDP growth rate in 2024 is 0.00%.
GDP per capita is calculated by dividing total GDP by the country's population.
The latest global GDP ranking is shown in the statistics section above.
GDP is commonly calculated as household consumption plus investment, government spending, and net exports.
Sources
Related Pages
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