- Conventional long form
- none
- Conventional short form
- Turks and Caicos Islands
- Local long form
- Local short form
parliamentary democracy (House of Assembly); self-governing overseas territory of the UK
- Name
- Cockburn Town
- Geographic coordinates
- 21 28 N, 71 08 W
- Time difference
- UTC-5 (same time as Washington, DC, during Standard Time)
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 more than 1 million visitors that arrived in 2013. Three-quarters of the visitors came by ship. Major sources of government revenue also include fees from offshore financial activities and customs receipts.
- Inflation
- None%
- Total tax rate (% of commercial profits)
- None%
- Real Interest Rate
- None%
- Manufacturing, value added (% of GDP)
- None%
- Current Account Balance
- US$
- Labor Force, Total
- Employment in Agriculture
- 1.21%
- Employment in Industry
- 23.07%
- Employment in Services
- 74.05%
- Unemployment Rate
- %
- Imports of goods and services
- US$
- Exports of goods and services
- US$
- Total Merchandise Trade
- %
- FDI, net inflows
- US$
- Commercial Service Exports
- US$
corn, beans, cassava (manioc, tapioca), citrus fruits; fish
tourism, offshore financial services
- Commodities
- lobster, dried and fresh conch, conch shells
- Partners
- Commodities
- food and beverages, tobacco, clothing, manufactures, construction materials
- Partners