Economy - overview:
The Turks and Caicos economy is based on tourism, offshore financial services, and fishing. Most capital goods and food for domestic consumption are imported. The US is the leading source of tourists, accounting for more than three-quarters of the 175,000 visitors that arrived in 2004. Major sources of government revenue also include fees from offshore financial activities and customs receipts.
GDP (purchasing power parity): GDP (official exchange rate): GDP - real growth rate: GDP - per capita (PPP): GDP - composition, by end use: GDP - composition, by sector of origin: Agriculture - products: Industries: Industrial production growth rate: Labor force: Labor force - by occupation: Unemployment rate: Population below poverty line: Household income or consumption by percentage share: Budget: Fiscal year: Inflation rate (consumer prices): Exports: Exports - commodities: Imports: Imports - commodities: Debt - external: Exchange rates:
NOTE: 1) The information regarding Turks and Caicos Islands on this page is re-published from the 2014 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Turks and Caicos Islands Economy 2014 information contained here. All suggestions for corrections of any errors about Turks and Caicos Islands Economy 2014 should be addressed to the CIA.
$632 million (2007 est.)
country comparison to the world: 213
[see also: GDP country ranks ]
$NA
[see also: GDP (official exchange rate) country ranks ]
11.2% (2007 est.)
country comparison to the world: 5
[see also: GDP - real growth rate country ranks ]
$29,100 (2007 est.)
country comparison to the world: 50
[see also: GDP - per capita country ranks ]
household consumption: 30.8%
[see also: GDP - composition, by end use - household consumption country ranks ]
government consumption:
17.1%
investment in fixed capital:
50.3%
exports of goods and services:
81.8%
imports of goods and services:
-80.1%
agriculture: 1%
[see also: GDP - composition, by sector of origin - agriculture country ranks ]
industry:
22.2%
services:
76.7% (2012 est.)
corn, beans, cassava (tapioca), citrus fruits; fish
tourism, offshore financial services
NA%
[see also: Industrial production growth rate country ranks ]
4,848 (1990 est.)
country comparison to the world: 222
[see also: Labor force country ranks ]
note: about 33% in government and 20% in agriculture and fishing; significant numbers in tourism, financial, and other services
10% (1997 est.)
country comparison to the world: 107
[see also: Unemployment rate country ranks ]
NA%
[see also: Population below poverty line country ranks ]
lowest 10%: NA%
[see also: Household income or consumption by percentage share - lowest 10% country ranks ]
highest 10%:
NA%
revenues: $417.4 million
[see also: Budget revenues country ranks ]
expenditures:
$408.9 million (2012 est.)
calendar year
2.5% (2012 est.)
country comparison to the world: 65
[see also: Inflation rate (consumer prices) country ranks ]
$24.77 million (2008 est.)
country comparison to the world: 204
[see also: Exports country ranks ]
lobster, dried and fresh conch, conch shells
$591.3 million (2008 est.)
country comparison to the world: 189
[see also: Imports country ranks ]
food and beverages, tobacco, clothing, manufactures, construction materials
$NA
[see also: Debt - external country ranks ]
the US dollar is used
2) The rank that you see is the CIA reported rank, which may habe the following issues:
a) They assign increasing rank number, alphabetically for countries with the same value of the ranked item, whereas we assign them the same rank.
b) The CIA sometimes assignes counterintuitive ranks. For example, it assigns unemployment rates in increasing order, whereas we rank them in decreasing order
Flags
This page was last modified 06-Nov-14