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Turks and Caicos – Important Facts

The Turks and Caicos Islands are a British Overseas Territory comprising two island groups in the North Atlantic Ocean. The islands were historically a part of the United Kingdom’s Jamaican colony, but they became a crown colony upon Jamaican independence in 1962. The Islands have a low lying geography with widespread marshes and mangrove swamps. The chief of state is the queen of the United Kingdom, and the head of government is the premier. The territories economy is based on tourism, offshore financial services, and fishing.

The Turks and Caicos economy is based on tourism, offshore financial services, and fishing. Most capital goods and food for domestic consumption are imported. The US is the leading source of tourists, accounting for more than three-quarters of the more than 1 million visitors that arrived in 2013. Three-quarters of the visitors came by ship. Major sources of government revenue also include fees from offshore financial activities and customs receipts.

Important Details

  • Country ISO3 : TCA
  • Country Code : 796
  • Income Group : High income
  • Lending Category : P2P
  • Region : Latin America & Caribbean
  • Currency Unit: U.S. dollar
  • WTO Member : No
  • Trade organisations : NA
  • world rank : NA
  • Regional Ranking : NA