Annual GDP growth (%) in United States Virgin Islands
United States Virgin Islands: Annual GDP growth (%) was -1.3% in 2022. ◆ Volatile
Annual GDP growth in United States Virgin Islands, 2003–2022
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
United States Virgin Islands recorded -1.3% for annual gdp growth in 2022.
That represents a change of down 135.8% on the previous year and up 91.1% over ten years.
Over the whole period, annual gdp growth in United States Virgin Islands peaked at 4.0% in 2007 and was at its lowest, -14.8%, in 2012.
That places United States Virgin Islands 217th out of 230 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth (%) in United States Virgin Islands, year by year
| Year | % | Change |
|---|---|---|
| 2003 | -0.4% | — |
| 2004 | 3.3% | -929.6% |
| 2005 | 3.5% | +6.1% |
| 2006 | 3.5% | +0.6% |
| 2007 | 4.0% | +14.4% |
| 2008 | 1.2% | -69.6% |
| 2009 | -6.6% | -641.2% |
| 2010 | 0.6% | -109.0% |
| 2011 | -8.2% | -1475.7% |
| 2012 | -14.8% | +80.5% |
| 2013 | -6.3% | -57.6% |
| 2014 | -1.8% | -71.8% |
| 2015 | -0.4% | -76.0% |
| 2016 | 1.6% | -476.6% |
| 2017 | -0.7% | -145.9% |
| 2018 | 1.9% | -355.5% |
| 2019 | 2.9% | +54.8% |
| 2020 | -1.6% | -155.5% |
| 2021 | 3.7% | -327.1% |
| 2022 | -1.3% | -135.8% |
United States Virgin Islands compared with similar countries
- United States Virgin Islands's -1.3% is below the median for high income countries, which is 2.1%. (80 countries reporting)
- United States Virgin Islands's -1.3% is below the median for Latin America & Caribbean, which is 3.3%. (39 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) in United States Virgin Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | -1475.7% | 0.6% | -8.2% |
| 2004 | +929.6% | -0.4% | 3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.2% | -6.6% | 4.0% | 7 |
| 2010s | -2.5% | -14.8% | 2.9% | 10 |
| 2020s | 0.2% | -1.6% | 3.7% | 3 |
Countries ranked near United States Virgin Islands
More economy & growth data for United States Virgin Islands
- GDP per capita 36,983 constant 2015 US$ (2022)
- Final consumption expenditure (constant 2015 US$), annual growth rate -2.17 % change on previous year (2022)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.8027 constant 2015 US$ per US$ of GDP (2022)
- Final consumption expenditure (constant 2015 US$), per capita 35,578 constant 2015 US$ per person (2022)
- Exports of goods and services (current US$), annual growth rate 11.8 % change on previous year (2022)
- Exports of goods and services (current US$), per unit of GDP 0.9737 current US$ per US$ of GDP (2022)
- Exports of goods and services (current US$), per capita 43,154 current US$ per person (2022)
- Exports of goods and services (current LCU), annual growth rate 11.8 % change on previous year (2022)
- Imports of goods and services (current US$), annual growth rate 24.67 % change on previous year (2022)
- Exports of goods and services (constant 2015 US$), per capita 25,371 constant 2015 US$ per person (2022)
Frequently asked questions
- What is annual gdp growth in United States Virgin Islands?
- Annual gdp growth in United States Virgin Islands was -1.3% in 2022, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in United States Virgin Islands?
- The highest recorded value was 4.0% in 2007.
- What is the lowest annual gdp growth recorded in United States Virgin Islands?
- The lowest recorded value was -14.8% in 2012.
- How does United States Virgin Islands rank for annual gdp growth?
- United States Virgin Islands ranks 217th out of 230 countries with data for 2022.
- Is annual gdp growth rising or falling in United States Virgin Islands?
- Over the last ten years it is up 91.1%. The long-run trend across the full record is volatile.
- Where does this United States Virgin Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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