Turks and Caicos Islands

Turks and Caicos Islands
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The Turks and Caicos Islands use the US dollar, linking local prices and bank payments to an external currency system. Card acceptance and international transfers support a small visitor-facing economy, with provider reach varying across islands. Its 2025 population was about 46,900.

Population

47K

GDP

$1.7B

GDP per Capita

$38K

GDP Growth

3.2%

Deepdive

World Bank, World Development Indicators (WDI), 2025

Cash in Turks and Caicos Islands

Payments by card cover much of Turks and Caicos spending, but US-dollar cash remains useful for taxis and smaller merchants. Cash machine access is concentrated on Providenciales, with smaller islands having few machines or none.

ATMs (PER 100K)

82.3

BANKS (PER 100K)

11.9

DEBIT CARDS (PER ADULT)

1.7

CREDIT CARDS (PER ADULT)

0.5

Compare

IMF, Financial Access Survey (FAS), 2025