Country explorer: Turks and Caicos Islands
EXPERIMENTAL
2024
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Overview
Turks and Caicos Islands is a tropical, high-income island nation in the Caribbean with a tiny population. Its economy has declined in recent decades, and is based on tourism, financial services and real estate.
The Turks and Caicos Islands boast some of the most beautiful beaches in the Caribbean.
Economy
We have limited economic data for the Turks and Caicos Islands. What we have shows economic stagnation prior to the Covid-19 pandemic, followed by a decline during the pandemic, most likely due to reduced tourist numbers.
Demographics
The Turks and Caicos Islands have experienced steady population growth, consistent net migration gains, fluctuating yet broadly declining fertility rates, and an improvement in life expectancy, reflecting broader trends towards stable or positive demographic shifts seen in many high-income and developing regions globally.
Basic needs
The Turks and Caicos Islands have significantly improved access to basic needs, achieving universal electricity coverage, making gradual progress in access to safely managed drinking water, but still facing challenges in ensuring widespread access to safely managed sanitation, mirroring patterns seen in some high-income countries but with distinctive gaps typical of small island developing states.
Human development
The Turks and Caicos Islands have experienced a significant reduction in child mortality rates, indicating substantial progress in child health, aligning with trends observed in other high-income countries.
Environment & energy
The Turks and Caicos Islands have maintained a notably stable forest area, distinguishing them from regional trends of forest variation, amid a lack of comprehensive data on CO₂ emissions and freshwater resources, and an energy production portfolio that remains undocumented within provided data.
Technology & innovation
The Turks and Caicos Islands have experienced a notable surge in mobile phone subscriptions, reflecting a broader trend of increasing connectivity and technological integration that aligns them with regional patterns of digital advancement.
Culture & society
The Turks and Caicos Islands have experienced a notable transformation marked by a significant increase in the proportion of the population born abroad, aligning with a global trend in high-income countries, and maintained a stable age dependency ratio, reflecting demographic shifts common to many Caribbean nations.
Governance
Due to a lack of available data, it’s challenging to evaluate the distinct changes in governance and societal transformations that the Turks and Caicos Islands have experienced over the past two decades, highlighting a common issue of data scarcity faced by smaller territories.