Turks and Caicos Islands GDP per Capita
GDP divided by midyear population NY.GDP.PCAP.CD
Turks and Caicos Islands's gdp per capita was $37,507 in 2024, ranked 39th globally. This represents a 5.7% increase from 2023. Data from World Bank, covering 2001–2024.
Overview
Turks and Caicos Islands's gdp per capita stood at $37,507 in 2024, a rise of +$2,037 from 2023. Turks and Caicos Islands ranked 39th globally.
Turks and Caicos Islands’ GDP per capita has risen from 18,325.75 in 2001 to an all‑time high of 37,506.78 in 2024, placing the territory 39th globally. The lowest point occurred in 2002 at 17,803.95, after which a steady ascent reflects expanding tourism, offshore finance and infrastructure investment. Over the 24‑year span, per‑capita output more than doubled, outpacing many small island economies and narrowing the gap with peers such as Cyprus (38,674.29) and Korea (36,238.64). The upward trajectory coincides with a diversification strategy that has reduced reliance on a single sector, while the modest population size amplifies the impact of growth in high‑value services. Continued expansion of luxury tourism, coupled with reforms in financial regulation, is likely to sustain the current momentum, although external shocks to global travel or financial markets could alter the trajectory.
Data & projection
| Year | GDP per Capita | YoY change | Rank |
|---|---|---|---|
| 2024 | $37,507 | +$2,037 | #39 |
| 2023 | $35,470 | +$4,190 | #44 |
| 2022 | $31,281 | +$3,951 | #50 |
| 2021 | $27,329 | +$6,638 | #54 |
| 2020 | $20,691 | −$11,090 | #57 |
| 2019 | $31,781 | +$155 | #46 |
| 2018 | $31,626 | +$1,611 | #46 |
| 2017 | $30,014 | −$1,359 | #47 |
| 2016 | $31,374 | +$1,917 | #41 |
| 2015 | $29,457 | +$2,164 | #46 |
| 2014 | $27,293 | +$1,639 | #50 |
| 2013 | $25,654 | −$270 | #52 |
| 2012 | $25,924 | −$1,404 | #51 |
| 2011 | $27,327 | +$4,234 | #45 |
| 2010 | $23,094 | −$1,503 | #53 |
Analysis
Turks and Caicos Islands's gdp per capita was $37,507 in 2024, a rise of +$2,037 from 2023.
Frequently Asked Questions
Turks and Caicos Islands's gdp per capita was $37,507 in 2024. Ranked 39th globally. This represents a 5.7% increase from the previous year.
Turks and Caicos Islands's gdp per capita peaked at $37,507 in 2024.
The lowest gdp per capita in Turks and Caicos Islands was $17,804 in 2002.
Turks and Caicos Islands ranks 39th globally in gdp per capita as of 2024.
The World Bank indicator code is NY.GDP.PCAP.CD. Data sourced from World Bank.
The gdp per capita of Turks and Caicos Islands in 2024 was $37,507. This ranks 39th in the world.
Cite this page
@misc{historysaid_turks-and-caicos-islands_gdp-per-capita,
title = {Turks and Caicos Islands GDP per Capita},
url = {https://historysaid.com/turks-and-caicos-islands/gdp-per-capita/},
publisher = {HistorySaid},
year = {2026}
}