How does Turks and Caicos Islands rank globally on Total natural resources rents (% of GDP)?

In 2021, Turks and Caicos Islands ranked #172 out of 197 countries reporting Total natural resources rents (% of GDP).

How does Turks and Caicos Islands's Total natural resources rents (% of GDP) compare to the world average?

The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Turks and Caicos Islands is below the world average. Within Latin America & Caribbean, it ranks #29 of 36.

Turks and Caicos Islands: Total natural resources rents (% of GDP)

Name: Turks and Caicos Islands: Total natural resources rents (% of GDP)
Creator: World Bank
License: https://datacatalog.worldbank.org/public-licenses#cc-by

In 2021, Turks and Caicos Islands's Total natural resources rents (% of GDP) was 0.00.

That's down 21.6% from 2020, the highest value since 2020.

The global average for this indicator in 2021 was 6.63 . Turks and Caicos Islands ranks #172 globally out of 197 reporting countries. Within Latin America & Caribbean, it ranks #29 of 36.

Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS) • Data as of 2021

Trend (2002–2021)

2008 · Global financial crisis
2020 · COVID-19 pandemic
2014 · Oil price collapse

Highlights

Peak: 0.01; 2014
Trough: 0.00; 2005
1-year change: -21.6%
5-year change: -37.2%; -8.9% / yr
10-year change: -15.6%; -1.7% / yr

Historical Data — Last 10 Years

Year	Total natural resources rents (% of GDP)
2021	0.0033
2020	0.0042
2019	0.0024
2018	0.0028
2017	0.0045
2016	0.0052
2015	0.0042
2014	0.0060
2013	0.0051
2012	0.0039

About Total natural resources rents (% of GDP)

Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

Indicator code: NY.GDP.TOTL.RT.ZS • Category: Economy

Frequently asked questions

What was Turks and Caicos Islands's Total natural resources rents (% of GDP) in 2021?: In 2021, Turks and Caicos Islands's Total natural resources rents (% of GDP) was 0.00, according to World Bank Open Data.
Is Turks and Caicos Islands's Total natural resources rents (% of GDP) rising or falling?: Turks and Caicos Islands's Total natural resources rents (% of GDP) fell 21.6% from 2020 to 2021.
How does Turks and Caicos Islands rank globally on Total natural resources rents (% of GDP)?: In 2021, Turks and Caicos Islands ranked #172 out of 197 countries reporting Total natural resources rents (% of GDP).
How does Turks and Caicos Islands's Total natural resources rents (% of GDP) compare to the world average?: The global average for Total natural resources rents (% of GDP) in 2021 was 6.63, so Turks and Caicos Islands is below the world average. Within Latin America & Caribbean, it ranks #29 of 36.
What is Total natural resources rents (% of GDP) and how is it measured?: Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.

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Source: World Bank Open Data (NY.GDP.TOTL.RT.ZS), CC BY 4.0.