Turks and Caicos Islands: GNI, PPP (current international $)

Key figures

What the numbers say

In 2024, Turks and Caicos Islands' GNI, PPP (current international $) rose 6.6% on 2023 (from 1.64 billion to 1.74 billion).

Across the 9 yearly changes before that (2015 to 2023), the average change was +9.3% and a typical year strayed about 18.4% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 31.3% in 2021 and the biggest yearly fall was 34.2% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 65.7 million a year. A straight line explains 52% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Turks and Caicos Islands had the 15th highest value of the 14 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Turks and Caicos Islands in the 2024 ranking

• Curaçao — 11th of 14: 5.2 billion
• Faroe Islands — 12th of 14: 4.56 billion
• Sint Maarten (Dutch part) — 13th of 14: 2.26 billion

What this measures

This indicator provides values for gross national income (GNI) expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 11 values

GNI, PPP (current international $) in nearby economies

• Antigua and Barbuda — 3.27 billion (2025)
• Argentina — 1.46 trillion (2025)
• Aruba — 5.28 billion (2024)
• Bahamas, The — 15.9 billion (2024)
• Barbados — 7.02 billion (2025)
• Belize — 6.02 billion (2025)
• Bolivia — 157.7 billion (2025)
• Brazil — 4.82 trillion (2025)
• Cayman Islands — 5.54 billion (2024)
• Chile — 709.6 billion (2025)
• Colombia

More economic policy & debt data for Turks and Caicos Islands

• Adjusted savings, education expenditure (% of GNI) — 2.29% (2021)
• Adjusted savings, net forest depletion (current US$) — US$30,821 (2021)
• Adjusted savings, mineral depletion (current US$) — US$0 (2021)
• Adjusted savings, energy depletion (current US$) — US$0 (2021)
• Agriculture, forestry, and fishing, value added (current LCU) — 6.14 million (2024)
• Agriculture, forestry, and fishing, value added (% of GDP) — 0.35% (2024)
• Manufacturing, value added (current LCU) — 7.8 million (2024)
• Manufacturing, value added (% of GDP) — 0.45% (2024)

Reading data like this

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Questions people ask

What is Turks and Caicos Islands's GNI, PPP (current international $)?

1.74 billion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2014?

It is up 105.97% from 847.19 million in 2014 (7.49% a year on average, compounded). The highest value was 1.74 billion in 2024 and the lowest 847.19 million in 2014.

How does Turks and Caicos Islands rank?

15th highest of 14 economies with data for 2024.

Is the latest change in GNI, PPP (current international $) unusual for Turks and Caicos Islands?

Source

World Bank, World Development Indicators, indicator NY.GNP.MKTP.PP.CD, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Progr… Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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