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
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 was the leading source of tourists in 1996, accounting for more than half of the 87,000 visitors. Major sources of government revenue include fees from offshore financial activities and customs receipts.
GDP: purchasing power parity—$117 million (1997 est.)
GDP—real growth rate: 4% (1997 est.)
GDP—per capita: purchasing power parity?$7,700 (1997 est.)
GDP—composition by sector: agriculture: NA% industry: NA% services: NA%
Population below poverty line: NA%