Introduction

Background

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.

Geography

Area

total: 948 sq km
land: 948 sq km
water: 0 sq km

Climate

tropical; marine; moderated by trade winds; sunny and relatively dry

Natural resources

spiny lobster, conch

People and Society

Population

59,367 (2023 est.)

Ethnic groups

Black 87.6%, White 7.9%, mixed 2.5%, East Indian 1.3%, other 0.7% (2006 est.)

Languages

English (official)

Religions

Protestant 72.8% (Baptist 35.8%, Church of God 11.7%, Anglican 10%, Methodist 9.3%, Seventh Day Adventist 6%), Roman Catholic 11.4%, Jehovah's Witness 1.8%, other 14% (2006 est.)

Population growth rate

1.81% (2023 est.)

Government

Government type

parliamentary democracy

Capital

name: Grand Turk (Cockburn Town)

Executive branch

chief of state: King CHARLES III (since 8 September 2022); represented by Governor Nigel DAKIN (since 15 July 2019)
head of government: Premier Washington MISICK (since 19 February 2021)

Legislative branch

description: unicameral House of Assembly (21 seats; 15 members in multi-seat constituencies and a single all-islands constituency directly elected by simple majority vote, 1 member nominated by the premier and appointed by the governor, 1 nominated by the opposition party leader and appointed by the governor, and 2 from the Turks and Caicos Islands Civic Society directly appointed by the governor, and 2 ex-officio members; members serve 4-year terms)

Economy

Economic overview

British Caribbean island territorial economy; GDP and its tourism industry hit hard by COVID-19 disruptions; major biodiversity locale; US dollar user; fossil fuel dependent; negative trade balance; increasing unemployment

Real GDP (purchasing power parity)

$835.171 million (2021 est.)
$817.993 million (2020 est.)
$1.117 billion (2019 est.)

Real GDP per capita

$18,500 (2021 est.)
$18,500 (2020 est.)
$25,900 (2019 est.)

Agricultural products

corn, beans, cassava (manioc, tapioca), citrus fruits; fish

Industries

tourism, offshore financial services

Remittances

0.81% of GDP (2020 est.)
0.62% of GDP (2019 est.)
0.67% of GDP (2018 est.)

Exports

$827 million (2018 est.)
$603 million (2017 est.)

Exports - partners

France 31%, United States 16%, Zambia 13%, Singapore 9%, Republic of the Congo 8% (2019)

Exports - commodities

plastic building materials, stone processing machinery, iron structures, crustaceans, integrated circuits (2019)

Imports

$544.219 million (2018 est.)
$484.842 million (2017 est.)

Imports - partners

United States 76% (2019)

Imports - commodities

refined petroleum, cars, jewelry, furniture, soybeans (2019)


Page last updated: Wednesday, December 06, 2023