Department of Economic Planning and Statistics

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Estimated Population (2008)	36,605
Population (2001)	19,886
Average HH Size (2001)	2.8
Constant GDP Growth Rate (2006p)	17.9%
Constant GDP (US$'000) (2006p)	568,138
Imports (US$ '000) (2007p)	580,594
Exports (US$ '000) (2007p)	16,256
Inflation Rate (2007)	3.7%

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DEPS Grand Turk Office:
South Base, Grand Turk
Turks and Caicos Islands
British West Indies
Tel nos.: +1649-946-2801;
+1649-946-2221
Fax no: +1649-946-2557
E-mail: deps@gov.tc or info@depstc.org

DEPS Providenciales Office:
Telefax: +1649-941-5194

The Turks and Caicos economy is based on tourism, fishing and offshore financial service. 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 the late 1990s.

Labour Force: 11,275 (2001)

Labour Force by Industry: Hotels, Restaurants & Tourism-23.26%; Public Administrative and Defense, Social Security-19.86%; Construction-13.50%; Personal Services-8.65%; Financing, Insurance, Real Estate and Business Services-8.47%; Wholesale & Retail Trade-6.45%; Transport, Storage & Communication-4.62%; Agriculture, Forestry & Fishing-2.33%; Manufacturing-2.20%; Electricity, Gas & Water-1.60%; Computer & Information Technology Services-0.20%; Mining & Quarrying-0.17%; (2001)

Agriculture Products: corn, beans, cassava, citrus fruits, fish

Electricity Production: 15 million kwh (2003)

Electricity Consumption: 13 million kwh (2003)

Import Commodities: food; beverages & tobacco; crude materials, inedible except fuels; mineral fuels, lubricants & related materials; animals & vegetable oils, fats & waxes; chemicals & related products; manufactured goods classified chiefly by materials; machinery & transport equipment; miscellaneous manufactured articles

Time Zone: Eastern Standard Time [EST] (May – October) and Daylight Savings Time [DST] (November – April)

Currency: US Dollar

Fiscal Year: April 1 - March 31

Ports and Harbours: Grand Turk & Providenciales

International Airport: Grand Turk (GDT) & Providenciales (PLS)

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The South Caicos Regatta is a big event in South Caicos. It is an annual island party attracting locals from throughout the islands and adventurous visitors in large fishing yachts. This memorable event is held around the end of May each year.

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