| TURKS AND CAICOS ISLANDS ECONOMY STATS: |
| Top Stats |
| | All Stats |
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Agriculture > products
corn, beans, cassava, citrus fruits; fish |
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Budget > Expenditures
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$33,600,000.00 |
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[12th of 165]
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Budget > Revenues
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$47,000,000.00 |
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[12th of 166]
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Currency
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US dollar |
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Currency code
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USD |
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Economic aid > Recipient
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$4,100,000.00 |
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[12th of 134]
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Economy > Overview
The Turks and Caicos economy is based on tourism, offshore financial services, and fishing. Most capital goods and food for domestic consumption are imported. The US is the leading source of tourists, accounting for more than three-quarters of the 175,000 visitors that arrived in 2004. Major sources of government revenue also include fees from offshore financial activities and customs receipts. |
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Exchange rates
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the US dollar is used |
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Exchange rates > Recent years
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the US dollar is used |
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Exports
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$169,200,000.00 |
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[4th of 189]
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Exports (per $ GDP)
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$0.73 per $1 of GDP |
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[1st of 173]
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Exports > Commodities
lobster, dried and fresh conch, conch shells |
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Exports > Partners
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US, UK |
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Exports to US
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$1,200,000.00 |
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[174th of 224]
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Exports to US (per $ GDP)
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$0.56 per $100 |
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[73rd of 213]
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Exports to US (per capita)
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$58.38 per person |
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[70th of 211]
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Fiscal year
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calendar year |
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GDP
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$231,000,000.00 |
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[185th of 203]
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GDP (purchasing power parity)
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$216,000,000.00 |
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[16th of 187]
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GDP > CIA Factbook
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$231,000,000.00 |
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[4th of 192]
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GDP > Real growth rate
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4.9% |
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[1st of 198]
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Imports
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$175,600,000.00 |
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[11th of 185]
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Imports (per $ GDP)
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$0.76 per $1 of GDP |
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[1st of 168]
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Imports > Commodities
food and beverages, tobacco, clothing, manufactures, construction materials |
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Imports > Partners
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US, UK |
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Imports from US
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$16,200,000.00 |
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[123rd of 224]
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Imports from US (per $ GDP)
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$7.50 per $100 |
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[3rd of 213]
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Imports from US (per capita)
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$788.09 per person |
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[8th of 211]
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Industries
tourism, offshore financial services |
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Tourism expenditures, international
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$244,000,000.00 |
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[75th of 159]
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Tourism receipts, international
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$292,000,000.00 |
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[103rd of 187]
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Tourism receipts, international (per $ GDP)
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$1,233.77 per $1,000 of GDP |
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[1st of 180]
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Tourist arrivals by region of origin > Americas
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140,349 |
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[70th of 191]
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Tourist arrivals by region of origin > Asia, East and South East/Oceania
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35 |
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[171st of 172]
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Tourist arrivals by region of origin > Europe
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10,634 |
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[160th of 195]
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Tourist arrivals by region of origin > Region not specified
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3,943 |
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[86th of 151]
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Tourist arrivals by region of origin > Total
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154,961 |
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[143rd of 198]
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Trade balance with US
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$15,000,000.00 |
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[39th of 224]
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Trade balance with US (per $ GDP)
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$6.94 per $100 |
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[2nd of 213]
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Trade balance with US (per capita)
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$729.71 per person |
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[3rd of 211]
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Trade with US > US exports of agric farming-unmanufactured
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26 |
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[140th of 181]
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Trade with US > US exports of agric industry-unmanufactured
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11 |
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[139th of 183]
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Trade with US > US exports of agricultural machinery, equipment
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551 |
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[102nd of 188]
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Trade with US > US exports of agriculture-manufactured, other
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177 |
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[81st of 167]
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Trade with US > US exports of alcoholic beverages, excluding wine
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261 |
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[78th of 146]
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Trade with US > US exports of aluminum and alumina
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22 |
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[99th of 159]
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Trade with US > US exports of animal feeds, nec
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136 |
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[102nd of 168]
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Trade with US > US exports of apparel, household goods > textile
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609 |
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[107th of 202]
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Trade with US > US exports of apparel,household goods-nontextile
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123 |
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[124th of 196]
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Trade with US > US exports of artwork, antiques, stamps, etc
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7,432 |
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[28th of 184]
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Trade with US > US exports of automotive tires and tubes
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219 |
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[90th of 174]
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Trade with US > US exports of bakery products
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305 |
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[90th of 183]
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Trade with US > US exports of books, printed matter
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505 |
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[85th of 206]
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Trade with US > US exports of business machines and equipment
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259 |
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[105th of 194]
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Trade with US > US exports of chemicals-fertilizers
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197 |
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[93rd of 171]
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Trade with US > US exports of chemicals-inorganic
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39 |
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[133rd of 192]
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Trade with US > US exports of chemicals-organic
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29 |
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[151st of 192]
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Trade with US > US exports of chemicals-other
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432 |
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[126th of 206]
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Trade with US > US exports of civilian aircraft
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5,200 |
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[66th of 161]
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Trade with US > US exports of coal and fuels, other
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1,532 |
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[28th of 112]
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Trade with US > US exports of commercial vessels, other
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69 |
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[80th of 155]
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Trade with US > US exports of computer accessories
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952 |
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[127th of 211]
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Trade with US > US exports of computers
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788 |
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[113rd of 206]
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Trade with US > US exports of cookware, cutlery, tools
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226 |
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[78th of 184]
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Trade with US > US exports of copper
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9 |
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[93rd of 138]
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Trade with US > US exports of cotton fiber cloth
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72 |
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[111st of 182]
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Trade with US > US exports of cotton, raw
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0 |
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[68th of 105]
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Trade with US > US exports of dairy products and eggs
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171 |
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[89th of 162]
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Trade with US > US exports of drilling & oilfield equipment
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89 |
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[133rd of 194]
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Trade with US > US exports of electric apparatus
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1,148 |
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[112nd of 207]
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Trade with US > US exports of engines-civilian aircraft
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27 |
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[135th of 178]
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Trade with US > US exports of excavating machinery
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1,281 |
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[110th of 198]
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Trade with US > US exports of finished metal shapes
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2,671 |
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[85th of 204]
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Trade with US > US exports of finished textile supplies
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40 |
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[132nd of 197]
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Trade with US > US exports of fish and shellfish
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673 |
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[74th of 169]
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Trade with US > US exports of food, tobacco machinery
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314 |
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[104th of 202]
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Trade with US > US exports of fruits, frozen juices
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327 |
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[86th of 178]
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Trade with US > US exports of fuel oil
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417 |
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[49th of 124]
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Trade with US > US exports of furniture, household goods, etc
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1,970 |
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[67th of 202]
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Trade with US > US exports of gem diamonds
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0 |
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[91st of 121]
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Trade with US > US exports of generators, accessories
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683 |
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[105th of 202]
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Trade with US > US exports of glass-plate, sheet, etc
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127 |
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[79th of 163]
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Trade with US > US exports of glassware, chinaware
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38 |
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[99th of 169]
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Trade with US > US exports of hair, waste materials
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11 |
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[115th of 169]
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Trade with US > US exports of household appliances
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1,659 |
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[75th of 202]
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Trade with US > US exports of industrial engines
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455 |
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[122nd of 207]
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Trade with US > US exports of industrial machines, other
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1,019 |
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[120th of 213]
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Trade with US > US exports of industrial rubber products
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77 |
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[111st of 185]
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Trade with US > US exports of jewelry, etc
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841 |
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[77th of 184]
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Trade with US > US exports of laboratory testing instruments
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118 |
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[136th of 206]
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Trade with US > US exports of leather and furs
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0 |
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[109th of 129]
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Trade with US > US exports of logs and lumber
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3,273 |
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[55th of 178]
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Trade with US > US exports of manmade cloth
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0 |
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[170th of 182]
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Trade with US > US exports of marine engines, parts
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36 |
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[122nd of 190]
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Trade with US > US exports of materials handling equipment
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1,601 |
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[93rd of 202]
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Trade with US > US exports of measuring, testing, control instruments
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3,365 |
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[80th of 209]
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Trade with US > US exports of meat, poultry, etc
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1,974 |
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[71st of 190]
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Trade with US > US exports of medicinal equipment
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364 |
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[133rd of 209]
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Trade with US > US exports of metalworking machine tools
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50 |
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[137th of 197]
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Trade with US > US exports of military apparel and footwear
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0 |
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[124th of 148]
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Trade with US > US exports of mineral supplies-manufactured
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191 |
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[100th of 181]
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Trade with US > US exports of minimum value shipments
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54,470 |
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[46th of 210]
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Trade with US > US exports of musical instruments
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33 |
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[123rd of 191]
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Trade with US > US exports of natural gas liquids
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737 |
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[25th of 116]
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Trade with US > US exports of newsprint
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207 |
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[118th of 195]
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Trade with US > US exports of nonagricultural foods, etc
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5 |
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[125th of 163]
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Trade with US > US exports of nonfarm tractors and parts
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80 |
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[111st of 170]
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Trade with US > US exports of nonferrous metals, other
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6 |
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[113rd of 155]
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Trade with US > US exports of nonmetallic minerals
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151 |
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[76th of 156]
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Trade with US > US exports of nonmonetary gold
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0 |
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[77th of 97]
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Trade with US > US exports of nontextile floor tiles
|
463 |
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[43rd of 159]
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Trade with US > US exports of numismatic coins
|
114 |
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[29th of 94]
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Trade with US > US exports of nursery stock, etc
|
976 |
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[15th of 121]
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Trade with US > US exports of nuts
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0 |
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[143rd of 156]
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Trade with US > US exports of oilseeds, food oils
|
0 |
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[161st of 175]
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Trade with US > US exports of other foods
|
1,804 |
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[108th of 206]
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Trade with US > US exports of other household goods
|
2,157 |
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[88th of 209]
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Trade with US > US exports of other industrial supplies
|
728 |
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[107th of 209]
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Trade with US > US exports of parts for military-type goods
|
0 |
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[164th of 178]
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Trade with US > US exports of parts-civilian aircraft
|
294 |
|
[134th of 206]
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Trade with US > US exports of petroleum products, other
|
2,031 |
|
[78th of 191]
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Trade with US > US exports of pharmaceutical preparations
|
68 |
|
[163rd of 207]
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Trade with US > US exports of photo, service industry machinery
|
1,621 |
|
[99th of 210]
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Trade with US > US exports of plastic materials
|
134 |
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[135th of 207]
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Trade with US > US exports of pleasure boats and motors
|
2,169 |
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[57th of 187]
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Trade with US > US exports of precious metals, other
|
8 |
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[89th of 113]
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Trade with US > US exports of pulp and paper machinery
|
44 |
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[132nd of 195]
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Trade with US > US exports of pulpwood and woodpulp
|
7 |
|
[105th of 143]
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Trade with US > US exports of railway transportation equipment
|
193 |
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[84th of 171]
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Trade with US > US exports of records, tapes, and disks
|
78 |
|
[123rd of 199]
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Trade with US > US exports of rice
|
189 |
|
[96th of 173]
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Trade with US > US exports of rugs
|
52 |
|
[95th of 174]
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Trade with US > US exports of semiconductors
|
49 |
|
[148th of 199]
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Trade with US > US exports of shingles, molding, wallboard
|
3,111 |
|
[58th of 195]
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Trade with US > US exports of sorghum, barley, oats
|
4 |
|
[73rd of 101]
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Trade with US > US exports of specialized mining
|
435 |
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[68th of 160]
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Trade with US > US exports of sports apparel and gear
|
62 |
|
[110th of 185]
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Trade with US > US exports of steelmaking materials
|
780 |
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[47th of 127]
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Trade with US > US exports of stereo equipment, etc
|
74 |
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[118th of 188]
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Trade with US > US exports of synthetic rubber-primary
|
3 |
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[109th of 147]
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Trade with US > US exports of tapes, audio and visual
|
0 |
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[153rd of 173]
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Trade with US > US exports of telecommunications equipment
|
2,086 |
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[130th of 211]
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Trade with US > US exports of textile, sewing machines
|
135 |
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[110th of 183]
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Trade with US > US exports of tobacco, manufactured
|
114 |
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[79th of 154]
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Trade with US > US exports of tobacco, unmanufactured
|
296 |
|
[62nd of 112]
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Trade with US > US exports of toiletries and cosmetics
|
324 |
|
[116th of 197]
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Trade with US > US exports of toysgamessporting goods
|
375 |
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[112nd of 207]
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Trade with US > US exports of tvs, vcrs, etc
|
198 |
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[102nd of 196]
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Trade with US > US exports of vegetables
|
269 |
|
[114th of 194]
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Trade with US > US exports of vessels, excluding scrap
|
1,203 |
|
[11th of 106]
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Trade with US > US exports of wine and related products
|
895 |
|
[42nd of 153]
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Trade with US > US exports of wood supplies, manufactured
|
1,512 |
|
[23rd of 170]
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Trade with US > US exports of wood, glass, plastic
|
175 |
|
[96th of 187]
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Trade with US > US exports of writing and art supplies
|
446 |
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[112nd of 203]
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Trade with US > US imports of apparel and household goods-cotton
|
0 |
|
[181st of 195]
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Trade with US > US imports of apparel and household goods-wool
|
0 |
|
[133rd of 155]
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Trade with US > US imports of bauxite and aluminum
|
3 |
|
[82nd of 115]
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Trade with US > US imports of computers
|
15 |
|
[70th of 167]
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Trade with US > US imports of copper
|
0 |
|
[66th of 87]
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Trade with US > US imports of engines and engine parts
|
0 |
|
[115th of 135]
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Trade with US > US imports of engines for civilian aircraft
|
0 |
|
[79th of 126]
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Trade with US > US imports of feedstuff and foodgrains
|
0 |
|
[91st of 115]
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Trade with US > US imports of finished textile industrial supplies
|
0 |
|
[128th of 141]
|
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Trade with US > US imports of fish and shellfish
|
5,995 |
|
[64th of 162]
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Trade with US > US imports of furniture, household items, baskets
|
0 |
|
[164th of 183]
|
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Trade with US > US imports of household and kitchen appliances
|
20 |
|
[77th of 123]
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Trade with US > US imports of industrial organic chemicals
|
0 |
|
[96th of 122]
|
|
Trade with US > US imports of minimum value shipments
|
47 |
|
[162nd of 208]
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Trade with US > US imports of other materials, except chemicals
|
0 |
|
[81st of 117]
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Trade with US > US imports of other parts and accessories
|
0 |
|
[155th of 167]
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Trade with US > US imports of other petroleum products
|
0 |
|
[83rd of 111]
|
|
Trade with US > US imports of records, tapes, and disks
|
0 |
|
[119th of 140]
|
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Trade with US > US imports of semiconductors and related devices
|
3 |
|
[123rd of 175]
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