Turks and Caicos Islands - Industry

Industry, value added (current US$)

The latest value for Industry, value added (current US$) in Turks and Caicos Islands was $144,724,000 as of 2020. Over the past 19 years, the value for this indicator has fluctuated between $168,594,700 in 2008 and $50,250,600 in 2001.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2001 $50,250,600
2002 $51,687,400
2003 $60,542,700
2004 $81,174,900
2005 $105,308,400
2006 $145,994,700
2007 $154,496,500
2008 $168,594,700
2009 $113,911,600
2010 $81,977,300
2011 $68,414,100
2012 $69,094,000
2013 $74,155,200
2014 $78,203,500
2015 $91,053,000
2016 $97,719,000
2017 $111,805,000
2018 $122,021,000
2019 $142,093,000
2020 $144,724,000

Industry, value added (current LCU)

The value for Industry, value added (current LCU) in Turks and Caicos Islands was 144,724,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 168,594,700 in 2008 and a minimum value of 47,964,600 in 2000.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 47,964,600
2001 50,250,600
2002 51,687,400
2003 60,542,700
2004 81,174,900
2005 105,308,400
2006 145,994,700
2007 154,496,500
2008 168,594,700
2009 113,911,600
2010 81,977,300
2011 68,414,100
2012 69,094,000
2013 74,155,200
2014 78,203,500
2015 91,053,000
2016 97,719,000
2017 111,805,000
2018 122,021,000
2019 142,093,000
2020 144,724,000

Industry, value added (constant 2010 US$)

The latest value for Industry, value added (constant 2010 US$) in Turks and Caicos Islands was 119,962,300 as of 2020. Over the past 8 years, the value for this indicator has fluctuated between 122,285,500 in 2019 and 71,260,930 in 2012.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2012 71,260,930
2013 76,045,420
2014 80,650,340
2015 91,053,000
2016 96,372,470
2017 105,697,600
2018 110,896,100
2019 122,285,500
2020 119,962,300

Industry, value added (annual % growth)

The value for Industry, value added (annual % growth) in Turks and Caicos Islands was -1.90 as of 2020. As the graph below shows, over the past 7 years this indicator reached a maximum value of 12.90 in 2015 and a minimum value of -1.90 in 2020.

Definition: Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2013 6.71
2014 6.06
2015 12.90
2016 5.84
2017 9.68
2018 4.92
2019 10.27
2020 -1.90

Industry, value added (constant LCU)

The value for Industry, value added (constant LCU) in Turks and Caicos Islands was 116,314,400 as of 2020. As the graph below shows, over the past 8 years this indicator reached a maximum value of 118,567,000 in 2019 and a minimum value of 69,094,000 in 2012.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2012 69,094,000
2013 73,733,020
2014 78,197,900
2015 88,284,230
2016 93,441,950
2017 102,483,500
2018 107,524,000
2019 118,567,000
2020 116,314,400

Industry, value added (% of GDP)

Industry, value added (% of GDP) in Turks and Caicos Islands was 15.65 as of 2020. Its highest value over the past 20 years was 20.22 in 2006, while its lowest value was 9.30 in 2014.

Definition: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 15.02
2001 14.01
2002 14.09
2003 14.78
2004 16.72
2005 18.20
2006 20.22
2007 19.97
2008 19.54
2009 16.20
2010 11.94
2011 9.39
2012 9.50
2013 9.83
2014 9.30
2015 9.67
2016 9.46
2017 10.94
2018 10.96
2019 11.87
2020 15.65

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts