| TURKS AND CAICOS ISLANDS ECONOMY 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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Definition: Economy > Budget > Expenditures |
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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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Definition: Economy > Budget > Revenues |
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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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Definition: Economy > Economic aid > Recipient |
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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Definition: Economy > Economy > Overview |
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Exchange rates
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the US dollar is used |
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Definition: Economy > Exchange rates |
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Exports
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$169,200,000.00 |
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[4th of 189]
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Definition: Economy > Exports |
Exports > Commodities
lobster, dried and fresh conch, conch shells |
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Definition: Economy > Exports > Commodities |
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Exports > Partners
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US, UK |
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Definition: Economy > Exports > Partners |
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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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Definition: Economy > Exports to US |
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Fiscal year
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calendar year |
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Definition: Economy > Fiscal 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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Definition: Economy > GDP |
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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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Definition: Economy > GDP (purchasing power parity) |
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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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Definition: Economy > GDP > Real growth rate |
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Imports
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$175,600,000.00 |
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[11th of 185]
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Definition: Economy > Imports |
Imports > Commodities
food and beverages, tobacco, clothing, manufactures, construction materials |
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Definition: Economy > Imports > Commodities |
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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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Definition: Economy > Imports from US |
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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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Definition: Economy > Tourist arrivals by region of origin > Europe |
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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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Definition: Economy > Trade balance with US |
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Trade with US > US exports of textile, sewing machines
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135 |
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[110th of 183]
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Definition: Economy > Trade with US > US exports of textile, sewing machines |
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