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. Tourism fell by 6% in
2002 but appeared to be picking up at yearend.
GDP:
purchasing power parity - $231 million (2000 est.)
GDP - real growth rate:
4.9% (2000 est.)
GDP - per capita:
purchasing power parity - $9,600 (2000 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)