Turks and Caicos Islands Economic Statistics and Indicators

28, Jan 2020, EST. Welcome to the Turks and Caicos Islands economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Turks and Caicos Islands › Change country
National or Regional Currency: US Dollar, US$
Year of data: 2015 › Change year
Number of Indicators Listed:
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 49,070 (July 2014 est.)
Area: total: 948 sq km ; land: 948 sq km ; water: 0 sq km
Natural Resources: spiny lobster, conch
Capital: name: Grand Turk (Cockburn Town) ; geographic coordinates: 21 28 N, 71 08 W ; time difference: UTC-5 (same time as Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins second Sunday in March; ends first Sunday in November

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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