Turks and Caicos Islands's total natural resources rents (% of GDP) was 0.00327% in 2021, the latest year in the World Bank's World Development Indicators. That is down 0.000604 percentage points from 0.00387% in 2011.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 0.00327% | 2021 |
| Five years earlier | 0.0052% | 2016 |
| Ten years earlier | 0.00387% | 2011 |
| Highest | 0.00597% | 2014 |
| Lowest | 0.00137% | 2005 |
| Average since 2012 | 0.00414% | 2012–2021 |
| First recorded | 0.00195% | 2001 |
What the numbers say
In 2021, Turks and Caicos Islands' total natural resources rents (% of GDP) fell 0 percentage points on 2020 (from 0.00417% to 0.00327%).
Across the 19 yearly changes before that (2002 to 2020), the average change was +0 percentage points and a typical year strayed about 0 percentage points from that (the standard deviation). This year's change was 0.9 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 0 percentage points in 2010 and the biggest yearly fall was 0 percentage points in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 the straight-line trend is downward, about 0.000214 percentage points a year. A straight line explains 33% 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 2021, Turks and Caicos Islands had the 172nd highest value of the 196 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.
| Value | Year | |
|---|---|---|
| Turks and Caicos Islands | 0.00327% | 2021 |
| World | 3.06% | 2021 |
| Latin America & Caribbean | 6.14% | 2021 |
| High income | 2.48% | 2021 |
Closest to Turks and Caicos Islands in the 2021 ranking
- Luxembourg — 169th of 196: 0.00475%
- Maldives — 170th of 196: 0.0037%
- French Polynesia — 171st of 196: 0.00357%
- Lebanon — 173rd of 196: 0.00276%
- Mauritius — 174th of 196: 0.00272%
- Aruba — 175th of 196: 0.00207%
What this measures
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 21 values
| Year | Total natural resources rents (% of GDP) |
|---|---|
| 2021 | 0.0033 |
| 2020 | 0.0042 |
| 2019 | 0.0024 |
| 2018 | 0.0028 |
| 2017 | 0.0045 |
| 2016 | 0.0052 |
| 2015 | 0.0042 |
| 2014 | 0.006 |
| 2013 | 0.0051 |
| 2012 | 0.0039 |
| 2011 |
Total natural resources rents (% of GDP) in nearby economies
- Antigua and Barbuda — 0% (2021)
- Argentina — 2.65% (2021)
- Aruba — 0.00207% (2021)
- Bahamas, The — 0.01% (2021)
- Barbados — 0.33% (2021)
- Belize — 0.52% (2021)
- Bolivia — 9.47% (2021)
- Brazil — 7.94% (2021)
- Cayman Islands — 0% (2021)
- Chile — 16.9% (2021)
More environment data for Turks and Caicos Islands
- Rural population — 2,626 (2025)
- Rural population (% of total population) — 5.6% (2025)
- Urban population — 44,229 (2025)
- Urban population (% of total population) — 94.4% (2025)
- Aquaculture production (metric tons) — 0 (2024)
- Capture fisheries production (metric tons) — 2,306 (2024)
- Total fisheries production (metric tons) — 2,306 (2024)
- Rural population growth (annual %) — -3.3% (2025)
- Urban population growth (annual %) — 0.93% (2025)
Reading data like this
Questions people ask
- What is Turks and Caicos Islands's total natural resources rents (% of GDP)?
- 0.00327% in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 2001?
- It is up 0.00132 percentage points from 0.00195% in 2001. The highest value was 0.00597% in 2014 and the lowest 0.00137% in 2005.
- How does Turks and Caicos Islands rank?
- 172nd highest of 196 economies with data for 2021.
- Is the latest change in total natural resources rents (% of GDP) unusual for Turks and Caicos Islands?
Source
World Bank, World Development Indicators, indicator NY.GDP.TOTL.RT.ZS, licensed CC BY 4.0. Original source: The Changing Wealth of Nations, World Bank (WB), uri: https://www.worldbank.org/en/publication/changing-wealth-of-nations/data, note: World Bank staff estimates based on sources and methods described in the World Bank's The Changing Wealth of Nations., publisher: World Bank (WB); Staff estimates, Wo… 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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