GDP deflator in Turks and Caicos Islands stood at 107.6 in 2024, according to World Bank. The latest value is up 0.8% from 106.7 in 2023. Ten years earlier, in 2014, the value was 161.9 (down 34% since). The highest value since 2007 was 170.5 in 2016, the lowest 97.3 in 2017. Turks and Caicos Islands ranked 183rd highest of the 200 countries in this dataset in 2024; Sudan ranked first.
Data source: World Bank · Unit: index · Category: Macroeconomics · Explore more indicators on EconDash
GDP deflator, measured in index, tracks changes in the price level of goods and services in Turks and Caicos Islands. It serves as a primary gauge of purchasing power and cost of living, directly affecting consumer budgets, wage negotiations, and central bank interest rate decisions. Economists distinguish between "headline" inflation (all items) and "core" inflation (excluding volatile food and energy prices) to better understand underlying price trends. In Turks and Caicos Islands, this metric is calculated by statistical agencies through regular surveys of thousands of retail prices across urban and rural areas. The resulting index allows comparisons over time: a value of 120 compared to a base of 100 means prices have risen 20% since the base period. Policymakers typically target a modest positive inflation rate (often around 2%) rather than zero, believing this encourages spending and investment while providing a buffer against deflation.
GDP deflator in Turks and Caicos Islands stood at 107.6 in 2024, according to World Bank.
The latest value is up 0.8% from 106.7 in 2023. Ten years earlier, in 2014, the value was 161.9 (down 34% since).
Turks and Caicos Islands ranked 183rd highest of the 200 countries in this dataset in 2024; Sudan ranked first.
The highest value since 2007 was 170.5 in 2016, the lowest 97.3 in 2017.
| Indicator | GDP deflator |
|---|---|
| Country | Turks and Caicos Islands |
| Category | Macroeconomics |
| Unit | index |
| Source | World Bank |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
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World Bank. (2026). GDP deflator — Turks and Caicos Islands [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/gdp-deflator/TCA. Original source: https://data.worldbank.org/indicator/NY.GDP.DEFL.ZS
World Bank. "GDP deflator — Turks and Caicos Islands." EconDash, 2026, https://econdash.org/chart/gdp-deflator/TCA. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/NY.GDP.DEFL.ZS.
World Bank. 2026. "GDP deflator — Turks and Caicos Islands." EconDash. Accessed November 13, 2026. https://econdash.org/chart/gdp-deflator/TCA. Original source: https://data.worldbank.org/indicator/NY.GDP.DEFL.ZS.
@misc{econdash_gdp_deflator_tca,
author = {{World Bank}},
title = {{GDP deflator --- Turks and Caicos Islands}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/gdp-deflator/TCA},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/NY.GDP.DEFL.ZS}
}Browse indicators available for Turks and Caicos Islands. Click any indicator to view its interactive chart, compare with other countries, and download historical data.
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