Turks and Caicos Islands Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
Turks and Caicos Islands's services value added was 71.80% in 2025, ranked 26th globally. This represents a 1.2% decrease from 2024. Data from World Bank, covering 2000–2025.
Overview
Turks and Caicos Islands's services value added stood at 71.80% in 2025, a decline of +0.84% from 2024. Based on recent trends, this figure is projected to reach 71.80% by 2025. Turks and Caicos Islands ranked 26th globally.
The Turks and Caicos Islands’ services value added fell from 79.53 in 2000 to a low of 71.51 in 2006, rebounded to an all‑time peak of 83.42 in 2010, and then declined to 71.80 in 2025, placing the territory 26th globally. This recent figure is marginally above Curaçao’s 71.68 and below the Maldives’ 72.14, indicating that the islands remain clustered with other small, tourism‑dependent economies. The post‑peak contraction reflects a combination of external shocks to travel demand and limited diversification beyond hospitality, which has prevented a return to the 2010 high. Over the 26‑year series, the service sector’s share of GDP has shown a net downward trajectory, suggesting structural vulnerability. Continued investment in niche markets such as financial services or renewable‑energy tourism could alter this path, while persistent reliance on traditional tourism is likely to keep the indicator near its current level.
Data & projection
| Year | Services Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 70.57% | - | - |
| 2026* trend | 71.19% | - | - |
| 2025* trend | 71.80% | - | - |
| 2025 | 71.80% | −0.84% | #26 |
| 2024 | 72.64% | −0.96% | #161 |
| 2023 | 73.59% | +1.16% | #176 |
| 2022 | 72.44% | −1.61% | #174 |
| 2021 | 74.05% | −1.42% | #177 |
| 2020 | 75.47% | −2.81% | #182 |
| 2019 | 78.28% | +2.50% | #191 |
| 2018 | 75.78% | −0.41% | #184 |
| 2017 | 76.19% | −0.79% | #187 |
| 2016 | 76.98% | +1.65% | #187 |
| 2015 | 75.33% | −0.87% | #184 |
| 2014 | 76.19% | −1.49% | #188 |
| 2013 | 77.69% | −0.13% | #188 |
| 2012 | 77.82% | −1.08% | #190 |
| 2011 | 78.89% | −4.53% | #192 |
Analysis
Turks and Caicos Islands's services value added was 71.80% in 2025, a decline of −0.84% from 2024. Based on trends, estimated 71.80% by 2025.
Frequently Asked Questions
Turks and Caicos Islands's services value added was 71.80% in 2025. Ranked 26th globally. This represents a 1.2% decrease from the previous year.
Turks and Caicos Islands's services value added peaked at 83.42% in 2010.
The lowest services value added in Turks and Caicos Islands was 71.51% in 2006.
Turks and Caicos Islands ranks 26th globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
Turks and Caicos Islands's services value added is projected to reach 71.80% by 2025 based on trend extrapolation.
The services value added of Turks and Caicos Islands in 2025 was 71.80%. This ranks 26th in the world.
Cite this page
@misc{historysaid_turks-and-caicos-islands_services-value-added,
title = {Turks and Caicos Islands Services Value Added},
url = {https://historysaid.com/turks-and-caicos-islands/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}