Turks and Caicos Islands - Services, value added (current US$)

The latest value for Services, value added (current US$) in Turks and Caicos Islands was $672,207,000 as of 2020. Over the past 19 years, the value for this indicator has fluctuated between $903,024,000 in 2019 and $287,915,200 in 2001.

Definition: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges and import duties. 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 industrial 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 $287,915,200
2002 $288,766,300
2003 $310,514,400
2004 $360,282,600
2005 $423,345,800
2006 $516,201,100
2007 $578,900,200
2008 $668,051,000
2009 $568,826,300
2010 $572,903,800
2011 $604,085,200
2012 $598,007,900
2013 $615,750,300
2014 $664,749,100
2015 $722,281,000
2016 $803,019,000
2017 $786,719,000
2018 $854,884,000
2019 $903,024,000
2020 $672,207,000

Aggregation method: Gap-filled total

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts