's Democratic Movement or PDM [Derek H. TAYLOR]; Progressive
National Party or PNP [Michael Eugene MISICK]

Political pressure groups and leaders:
NA

International organization participation:
Caricom (associate), CDB, Interpol (subbureau), UPU

Diplomatic representation in the US:
none (overseas territory of the UK)

Diplomatic representation from the US:
none (overseas territory of the UK)

Flag description:
blue, with the flag of the UK in the upper hoist-side quadrant and
the colonial shield centered on the outer half of the flag; the
shield is yellow and contains a conch shell, lobster, and cactus

Economy Turks and Caicos Islands

Economy - overview:
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.

GDP (purchasing power parity):
$216 million (2002 est.)

GDP (official exchange rate):
NA

GDP - real growth rate:
4.9% (2000 est.)

GDP - per capita (PPP):
$11,500 (2002 est.)

GDP - composition by sector:
agriculture: NA%
industry: NA%
services: NA%

Labor force:
4,848 (1990 est.)

Labor force - by occupation:
note: about 33% in government and 20% in agriculture and fishing;
significant numbers in tourism, financial, and other services

Unemployment rate:
10% (1997 est.)

Population below poverty line:
NA%

Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices):
4% (1995)

Budget:
revenues: $47 million
expenditures: $33.6 million; including capital expenditures of $NA
(1997-98 est.)

Agriculture - products:
corn, beans, cassava (tapioca), citrus fruits; fish

Industries:
tourism, offshore financial services

Industrial production growth rate:
NA%

Electricity - production:
7 million kWh (2004)

Electricity - production by source:
fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (2001)

Electricity - consumption:
6.51 million kWh (2004)

Electricity - exports:
0 kWh (2004)

Electricity - imports:
0 kWh (2004)

Oil - production:
0 bbl/day (2004 est.)

Oil -