pressure groups and leaders: NA
International organization participation: Caricom (associate), CDB,
Interpol (subbureau)
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,
fishing, and offshore financial services. Most capital goods and food
for domestic consumption are imported. The US is the leading source
of tourists, accounting for more than half of the 93,000 visitors in
1998. Major sources of government revenue include fees from offshore
financial activities and customs receipts.
GDP: purchasing power parity - $128 million (1999 est.)
GDP - real growth rate: 8.7% (1999 est.)
GDP - per capita: purchasing power parity - $7,300 (1999 est.)
GDP - composition by sector: agriculture: NA% industry: NA% services: NA%
Population below poverty line: NA%
Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%
Inflation rate (consumer prices): 4% (1995)
Labor force: 4,848 (1990 est.)
Labor force - by occupation: about 33% in government and 20% in
agriculture and fishing; significant numbers in tourism, financial,
and other services (1997 est.)
Unemployment rate: 10% (1997 est.)
Budget: revenues: $47 million expenditures: $33.6 million, including
capital expenditures of $NA (1997-98 est.)
Industries: tourism, offshore financial services
Industrial production growth rate: NA%
Electricity - production: 5 million kWh (2000)
Electricity - production by source: fossil fuel: 100% hydro: 0% other: 0%
(2000) nuclear: 0%
Electricity - consumption: 4.65 million kWh (2000)
Electricity - exports: 0 kWh (2000)
Electricity - imports: 0 kWh (2000)
Agriculture - products: corn, beans, cassava (tapioca), citrus fruits;
fish
Exports: $13.7 million (1999)
Exports - commodities: lobster, dried and fresh conch, conch shells
Exports - partners: US, UK
Imports: $175.6 million (1999)
Imports - commodities: food and beverages, tobacco, clothing,
manufactures, construction materials
Imports - partners: US, UK
De
|