Trade volume % GDP in Turks and Caicos Islands stood at 26.24% in 2024, according to World Bank. The latest value is down 1.04 percentage points from 27.28% in 2023. Ten years earlier, in 2014, the value was 43.07% (down 16.83 percentage points since). The highest value since 2014 was 43.07% in 2014, the lowest 25.88% in 2019. Turks and Caicos Islands ranked 182nd highest of the 199 countries in this dataset in 2024; Hong Kong ranked first.
Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash
Trade volume % GDP, measured in %, measures the total economic output of Turks and Caicos Islands. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In Turks and Caicos Islands, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.
Trade volume % GDP in Turks and Caicos Islands stood at 26.24% in 2024, according to World Bank.
The latest value is down 1.04 percentage points from 27.28% in 2023. Ten years earlier, in 2014, the value was 43.07% (down 16.83 percentage points since).
Turks and Caicos Islands ranked 182nd highest of the 199 countries in this dataset in 2024; Hong Kong ranked first.
The highest value since 2014 was 43.07% in 2014, the lowest 25.88% in 2019.
| Indicator | Trade volume % GDP |
|---|---|
| Country | Turks and Caicos Islands |
| Category | Macroeconomics |
| Unit | % |
| Source | World Bank |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
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World Bank. (2026). Trade volume % GDP — Turks and Caicos Islands [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/trade-volume-percent-gdp/TCA. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS
World Bank. "Trade volume % GDP — Turks and Caicos Islands." EconDash, 2026, https://econdash.org/chart/trade-volume-percent-gdp/TCA. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS.
World Bank. 2026. "Trade volume % GDP — Turks and Caicos Islands." EconDash. Accessed November 13, 2026. https://econdash.org/chart/trade-volume-percent-gdp/TCA. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.ZS.
@misc{econdash_trade_volume_percent_gdp_tca,
author = {{World Bank}},
title = {{Trade volume \% GDP --- Turks and Caicos Islands}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/trade-volume-percent-gdp/TCA},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/TG.VAL.TOTL.GD.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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|---|---|
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| Total indicators | 181 |