Turks and Caicos Islands GDP PPP
GDP converted to international dollars using PPP rates NY.GDP.MKTP.PP.CD
Turks and Caicos Islands's gdp ppp was $1.8B in 2024, ranked 12th globally. This represents a 8.2% increase from 2023. Data from World Bank, covering 2007–2024.
Overview
Turks and Caicos Islands's gdp ppp stood at $1.8B in 2024, a rise of +$133.7M from 2023. Turks and Caicos Islands ranked 12th globally.
Turks and Caicos Islands’ gross domestic product measured in purchasing power parity rose from 840,706,881.70 in 2007 to an all‑time high of 1,766,207,429.50 in 2024, ranking twelfth globally among the 18‑year series. The indicator fell to a trough of 751,006,112.68 in 2009, reflecting the global financial shock, before embarking on a steady expansion that more than doubled the 2007 level. This growth outpaces that of St. Kitts and Nevis, whose 2024 PPP GDP stood at 1,632,319,449.36, and approaches Samoa’s 1,904,791,902.27, underscoring the islands’ increasing economic weight in the Caribbean‑Atlantic region. The upward trajectory is driven by tourism, offshore financial services and infrastructure investment, which have amplified output per capita. Continued diversification and resilience to external shocks will be crucial; if these reforms persist, the islands are likely to maintain their upward trend and possibly breach the 2 billion‑PPP‑dollar threshold in the near future.
Data & projection
| Year | GDP PPP | YoY change | Rank |
|---|---|---|---|
| 2024 | $1.8B | +$133.7M | #12 |
| 2023 | $1.6B | +$247.0M | #12 |
| 2022 | $1.4B | +$251.9M | #11 |
| 2021 | $1.1B | +$266.8M | #10 |
| 2020 | $866.9M | −$478.8M | #8 |
| 2019 | $1.3B | +$51.0M | #11 |
| 2018 | $1.3B | +$93.3M | #11 |
| 2017 | $1.2B | +$60.2M | #11 |
| 2016 | $1.1B | +$135.0M | #11 |
| 2015 | $1.0B | +$110.7M | #11 |
| 2014 | $895.4M | +$90.0M | #11 |
| 2013 | $805.4M | +$46.8M | #11 |
| 2012 | $758.5M | −$61.1M | #11 |
| 2011 | $819.7M | +$52.0M | #11 |
| 2010 | $767.6M | +$16.6M | #11 |
Analysis
Turks and Caicos Islands's gdp ppp was $1.8B in 2024, a rise of +$133.7M from 2023.
Frequently Asked Questions
Turks and Caicos Islands's gdp ppp was $1.8B in 2024. Ranked 12th globally. This represents a 8.2% increase from the previous year.
Turks and Caicos Islands's gdp ppp peaked at $1.8B in 2024.
The lowest gdp ppp in Turks and Caicos Islands was $751.0M in 2009.
Turks and Caicos Islands ranks 12th globally in gdp ppp as of 2024.
The World Bank indicator code is NY.GDP.MKTP.PP.CD. Data sourced from World Bank.
Turks and Caicos Islands's gdp ppp was approximately 1.77 billion ($1.8B) in 2024.
The gdp ppp of Turks and Caicos Islands in 2024 was $1.8B. This ranks 12th in the world.
Cite this page
@misc{historysaid_turks-and-caicos-islands_gdp-ppp,
title = {Turks and Caicos Islands GDP PPP},
url = {https://historysaid.com/turks-and-caicos-islands/gdp-ppp/},
publisher = {HistorySaid},
year = {2026}
}