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General information Turks and Caicos Islands
 
Country: Turks and Caicos Islands
Top-level domain (ccTLD): tc
Population: 19.886
Language: English
Currency: US dollar (USD)
Telephone: +649
Area: 948 km2
Flag:
Flag explanation: The flag of the Turks and Caicos Islands is similar to the flags of other British dependencies and colonies as it has the Union Flag in the canton. It was adopted on November 7, 1968. It is a defaced Blue Ensign; the yellow shield is taken from the territory's coat of arms and contains a conch shell, lobster, and cactus. A Red Ensign with the shield is used as civil ensign.
Located:
Continent: North-america

The Turks and Caicos Islands (TCI) are a British Overseas Territory consisting of two groups of tropical island

The economy of the Turks and Caicos Islands is based on tourism, fishing, and offshore financial services. Most capital goods and food for domestic consumption are imported. The United States was the leading source of tourists in 1996, accounting for more than half of the 87,000 visitors; another major source of tourists is Canada. Tourist arrivals had risen to approximately 200,000 in 2006.

Apparently the government is pursuing a two-prong strategy to get money from tourists. Upscale resorts are aimed at the wealthy, while a large new cruise ship port and recreation centre has been built for the masses visiting Grand Turk.

Major sources of government revenue include fees from offshore financial activities and customs receipts. The territory's gross domestic product as of late 2006 is approximately $400 million (per capita $12 500), with a real growth rate of about 4,9% (2000) and an inflation rate of about 4%.