Turks and Caicos Islands Industry Value Added
Industry (including construction) value added as % of GDP NV.IND.TOTL.ZS
Turks and Caicos Islands's industry value added was 8.79% in 2025, ranked 183rd globally. This represents a 5.9% decrease from 2024. Data from World Bank, covering 2000–2025.
Overview
Turks and Caicos Islands's industry value added stood at 8.79% in 2025, a decline of +0.55% from 2024. Based on recent trends, this figure is projected to reach 8.79% by 2025. Turks and Caicos Islands ranked 183rd globally.
Turks and Caicos Islands’ industry value added has contracted sharply since the early 2000s, falling from 15.02 in 2000 to an all‑time peak of 20.22 in 2006 before reaching a trough of 7.93 in 2011, the lowest point in the 26‑year series. By 2025 the indicator stood at 8.79, ranking 183rd globally, and remains marginally above the Channel Islands (8.73) while lagging behind Aruba (9.34) and Cabo Verde (9.11). The post‑peak decline reflects the vulnerability of a small, tourism‑dependent economy to external shocks, including the global financial crisis and successive hurricane seasons that disrupted manufacturing and construction activity. Recent modest recovery suggests a tentative stabilization, yet the sector’s share of GDP remains well below its historic high. Continued diversification and resilience‑building measures will be crucial if the islands are to reverse the long‑term downward trajectory and sustain higher industry value added.
Data & projection
| Year | Industry Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 8.00% | - | - |
| 2026* trend | 8.39% | - | - |
| 2025* trend | 8.79% | - | - |
| 2025 | 8.79% | −0.55% | #183 |
| 2024 | 9.34% | −0.14% | #5 |
| 2023 | 9.48% | −0.57% | #10 |
| 2022 | 10.05% | +0.24% | #19 |
| 2021 | 9.81% | −1.33% | #15 |
| 2020 | 11.14% | +2.51% | #16 |
| 2019 | 8.63% | −0.47% | #11 |
| 2018 | 9.10% | +0.09% | #12 |
| 2017 | 9.00% | +1.04% | #10 |
| 2016 | 7.97% | −0.29% | #9 |
| 2015 | 8.26% | +0.29% | #9 |
| 2014 | 7.97% | −0.44% | #10 |
| 2013 | 8.41% | +0.33% | #10 |
| 2012 | 8.08% | +0.15% | #7 |
| 2011 | 7.93% | −4.01% | #5 |
Analysis
Turks and Caicos Islands's industry value added was 8.79% in 2025, a decline of −0.55% from 2024. Based on trends, estimated 8.79% by 2025.
Frequently Asked Questions
Turks and Caicos Islands's industry value added was 8.79% in 2025. Ranked 183rd globally. This represents a 5.9% decrease from the previous year.
Turks and Caicos Islands's industry value added peaked at 20.22% in 2006.
The lowest industry value added in Turks and Caicos Islands was 7.93% in 2011.
Turks and Caicos Islands ranks 183rd globally in industry value added as of 2025.
The World Bank indicator code is NV.IND.TOTL.ZS. Data sourced from World Bank.
Turks and Caicos Islands's industry value added is projected to reach 8.79% by 2025 based on trend extrapolation.
The industry value added of Turks and Caicos Islands in 2025 was 8.79%. This ranks 183rd in the world.
Cite this page
@misc{historysaid_turks-and-caicos-islands_industry-value-added,
title = {Turks and Caicos Islands Industry Value Added},
url = {https://historysaid.com/turks-and-caicos-islands/industry-value-added/},
publisher = {HistorySaid},
year = {2026}
}