Turks and Caicos Islands GDP per Capita PPP
GDP per capita based on PPP NY.GDP.PCAP.PP.CD
Turks and Caicos Islands's gdp per capita ppp was $37,954 in 2024, ranked 65th globally. This represents a 7.4% increase from 2023. Data from World Bank, covering 2007–2024.
Overview
Turks and Caicos Islands's gdp per capita ppp stood at $37,954 in 2024, a rise of +$2,618 from 2023. Turks and Caicos Islands ranked 65th globally.
Turks and Caicos Islands’ GDP per capita measured in purchasing‑power parity terms rose from 32,002.55 in 2007 to an all‑time high of 37,954.39 in 2024, placing the territory 65th in the world. The sharp decline to a trough of 19,530.03 in 2020 reflects the pandemic‑induced shock to its tourism‑driven economy, after which a rapid rebound restored the 2024 peak. This recovery outpaced the modest growth of peers such as Uruguay, whose 2024 figure stands at 36,417.87, and narrowed the gap with higher‑ranked economies like Kazakhstan at 40,890.93. Over the 18‑year coverage, the upward trajectory has been driven by expanding luxury resort capacity and increased foreign direct investment, while the 2020 dip underscores vulnerability to external demand shocks. Continued diversification of the service sector and resilience‑building measures will be crucial to sustain the upward trend and potentially advance the islands’ ranking in the coming years.
Data & projection
| Year | GDP per Capita PPP | YoY change | Rank |
|---|---|---|---|
| 2024 | $37,954 | +$2,618 | #65 |
| 2023 | $35,337 | +$5,116 | #67 |
| 2022 | $30,221 | +$5,164 | #72 |
| 2021 | $25,056 | +$5,526 | #75 |
| 2020 | $19,530 | −$11,643 | #81 |
| 2019 | $31,173 | +$22 | #64 |
| 2018 | $31,151 | +$1,054 | #59 |
| 2017 | $30,097 | +$317 | #58 |
| 2016 | $29,781 | +$2,296 | #55 |
| 2015 | $27,485 | +$1,938 | #55 |
| 2014 | $25,546 | +$1,615 | #61 |
| 2013 | $23,932 | +$321 | #63 |
| 2012 | $23,610 | −$2,962 | #61 |
| 2011 | $26,573 | +$761 | #54 |
| 2010 | $25,812 | −$458 | #57 |
Analysis
Turks and Caicos Islands's gdp per capita ppp was $37,954 in 2024, a rise of +$2,618 from 2023.
Frequently Asked Questions
Turks and Caicos Islands's gdp per capita ppp was $37,954 in 2024. Ranked 65th globally. This represents a 7.4% increase from the previous year.
Turks and Caicos Islands's gdp per capita ppp peaked at $37,954 in 2024.
The lowest gdp per capita ppp in Turks and Caicos Islands was $19,530 in 2020.
Turks and Caicos Islands ranks 65th globally in gdp per capita ppp as of 2024.
The World Bank indicator code is NY.GDP.PCAP.PP.CD. Data sourced from World Bank.
The gdp per capita ppp of Turks and Caicos Islands in 2024 was $37,954. This ranks 65th in the world.
Cite this page
@misc{historysaid_turks-and-caicos-islands_gdp-per-capita-ppp,
title = {Turks and Caicos Islands GDP per Capita PPP},
url = {https://historysaid.com/turks-and-caicos-islands/gdp-per-capita-ppp/},
publisher = {HistorySaid},
year = {2026}
}