Turks and Caicos Islands PPP Conversion Factor
PPP conversion factor, GDP PA.NUS.PPP
Turks and Caicos Islands's ppp conversion factor was 0.97 in 2025, ranked 145th globally. This represents a 2.2% decrease from 2024. Data from World Bank, covering 2007–2025.
Overview
Turks and Caicos Islands's ppp conversion factor stood at 0.97 in 2025, a decline of +0.02 from 2024. Based on recent trends, this figure is projected to reach 0.97 by 2025. Turks and Caicos Islands ranked 145th globally.
The Turks and Caicos Islands' PPP Conversion Factor has exhibited a moderate fluctuation over the past 19 years, with a notable peak of 1.10 in 2012 and a trough of 0.89 in 2010. Since then, the indicator has gradually declined, reaching 0.97 in 2025, ranking the country 145 globally. This decline is somewhat mirrored in the Bahamas, another peer country, which has hovered around a similar value. In contrast, the United States, a more developed economy, boasts a PPP Conversion Factor of 1.00, while countries like Belize and Micronesia, Federated States of have maintained relatively higher values. The gradual decline of the Turks and Caicos Islands' PPP Conversion Factor may be attributed to various economic factors, including exchange rate fluctuations and shifts in international trade patterns. A potential shift in global economic trends or changes in the country's economic policies could alter this trajectory, potentially leading the indicator to stabilize or recover in the coming years.
Data & projection
| Year | PPP Conversion Factor | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 0.92 | - | - |
| 2026* trend | 0.94 | - | - |
| 2025* trend | 0.97 | - | - |
| 2025 | 0.97 | −0.02 | #145 |
| 2024 | 0.99 | −0.02 | #50 |
| 2023 | 1.00 | −0.03 | #55 |
| 2022 | 1.04 | −0.06 | #56 |
| 2021 | 1.09 | +0.03 | #57 |
| 2020 | 1.06 | +0.04 | #56 |
| 2019 | 1.02 | +0.00 | #56 |
| 2018 | 1.02 | +0.02 | #56 |
| 2017 | 1.00 | −0.06 | #54 |
| 2016 | 1.05 | −0.02 | #55 |
| 2015 | 1.07 | +0.00 | #58 |
| 2014 | 1.07 | −0.00 | #59 |
| 2013 | 1.07 | −0.03 | #59 |
| 2012 | 1.10 | +0.07 | #59 |
| 2011 | 1.03 | +0.13 | #61 |
Analysis
Turks and Caicos Islands's ppp conversion factor was 0.97 in 2025, a decline of −0.02 from 2024. Based on trends, estimated 0.97 by 2025.
Frequently Asked Questions
Turks and Caicos Islands's ppp conversion factor was 0.97 in 2025. Ranked 145th globally. This represents a 2.2% decrease from the previous year.
Turks and Caicos Islands's ppp conversion factor peaked at 1.10 in 2012.
The lowest ppp conversion factor in Turks and Caicos Islands was 0.89 in 2010.
Turks and Caicos Islands ranks 145th globally in ppp conversion factor as of 2025.
The World Bank indicator code is PA.NUS.PPP. Data sourced from World Bank.
Turks and Caicos Islands's ppp conversion factor is projected to reach 0.97 by 2025 based on trend extrapolation.
The ppp conversion factor of Turks and Caicos Islands in 2025 was 0.97. This ranks 145th in the world.
Cite this page
@misc{historysaid_turks-and-caicos-islands_ppp-conversion-factor,
title = {Turks and Caicos Islands PPP Conversion Factor},
url = {https://historysaid.com/turks-and-caicos-islands/ppp-conversion-factor/},
publisher = {HistorySaid},
year = {2026}
}