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Turks and Caicos Islands

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If Turks and Caicos Islands were your home instead of Curacao you would...

The GDP per capita in Turks and Caicos Islands is $29,100 while in Curacao it is $15,000

This entry shows GDP on a purchasing power parity basis divided by population as of 1 July for the same year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The differences between the OER- and PPP-denominated GDP values for most of the wealthy industrialized countries are generally much smaller.
Source: CIA World Factbook

Turks and Caicos Islands has an unemployment rate of 10.00% while Curacao has 13.00%

This entry contains the percent of the labor force that is without jobs.
Source: CIA World Factbook

Curacao consumes 20.5926 gallons of oil per day per capita while Turks and Caicos Islands consumes 0.8568

This entry is the total oil consumed in gallons per day (gal/day) divided by the population. The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
Source: CIA World Factbook

The per capita consumption of electricity in Curacao is 6,592kWh while in Turks and Caicos Islands it is 3,790kWh

This entry consists of total electricity generated annually plus imports and minus exports, expressed in kilowatt-hours. The discrepancy between the amount of electricity generated and/or imported and the amount consumed and/or exported is accounted for as loss in transmission and distribution.
Source: CIA World Factbook

More Information about Turks and Caicos Islands

With its 49,070 people, Turks and Caicos Islands is the 208th largest country in the world by population. It is the 181st largest country in the world by area with 948 square kilometers.

The islands were part of the UK's Jamaican colony until 1962, when they assumed the status of a separate crown colony upon Jamaica's independence. The governor of The Bahamas oversaw affairs from 1965 to 1973. With Bahamian independence, the islands received a separate governor in 1973. Although independence was agreed upon for 1982, the policy was reversed and the islands remain a British overseas territory.

Languages spoken: English (official)
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