Annual growth of exports of goods and services in United States Virgin Islands
United States Virgin Islands: Annual growth of exports of goods and services was -18.9% in 2022. ◆ Volatile
Annual growth of exports of goods and services in United States Virgin Islands, 2003–2022
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of exports of goods and services in United States Virgin Islands is -18.9%, measured in 2022.
The figure is down 120.0% on the previous year and up 75.8% over ten years.
Over the whole period, annual growth of exports of goods and services in United States Virgin Islands peaked at 94.7% in 2021 and was at its lowest, -78.4%, in 2012.
That places United States Virgin Islands 171st out of 176 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 growth of exports of goods and services in United States Virgin Islands, year by year
| Year | % | Change |
|---|---|---|
| 2003 | 16.6% | — |
| 2004 | 6.5% | -60.8% |
| 2005 | 0.8% | -87.7% |
| 2006 | -5.2% | -748.8% |
| 2007 | 0.4% | -107.1% |
| 2008 | 1.5% | +294.6% |
| 2009 | -10.0% | -782.2% |
| 2010 | -4.1% | -58.8% |
| 2011 | -16.7% | +308.0% |
| 2012 | -78.4% | +368.6% |
| 2013 | -16.4% | -79.1% |
| 2014 | 17.8% | -208.5% |
| 2015 | -36.1% | -303.1% |
| 2016 | 20.5% | -156.7% |
| 2017 | 26.1% | +27.5% |
| 2018 | -20.4% | -178.1% |
| 2019 | 11.6% | -157.1% |
| 2020 | -17.7% | -252.1% |
| 2021 | 94.7% | -635.8% |
| 2022 | -18.9% | -120.0% |
United States Virgin Islands compared with similar countries
- United States Virgin Islands's -18.9% is below the median for high income countries, which is 2.2%. (62 countries reporting)
- United States Virgin Islands's -18.9% is below the median for Latin America & Caribbean, which is 3.0%. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.5% | -10.0% | 16.6% | 7 |
| 2010s | -9.6% | -78.4% | 26.1% | 10 |
| 2020s | 19.4% | -18.9% | 94.7% | 3 |
Countries ranked near United States Virgin Islands
More economy & growth data for United States Virgin Islands
- General government final consumption expenditure (current US$) 5.1 % change on previous year (2022)
- Exports of goods and services (current US$), per capita 43,154 current US$ per person (2022)
- Final consumption expenditure (current LCU), per unit of GDP 1.03 current LCU per US$ of GDP (2022)
- Final consumption expenditure (current LCU), per capita 45,791 current LCU per person (2022)
- Final consumption expenditure (constant 2015 US$), annual growth rate -2.17 % change on previous year (2022)
- GDP per capita 36,983 constant 2015 US$ (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)
Frequently asked questions
- What is annual growth of exports of goods and services in United States Virgin Islands?
- Annual growth of exports of goods and services in United States Virgin Islands was -18.9% in 2022, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in United States Virgin Islands?
- The highest recorded value was 94.7% in 2021.
- What is the lowest annual growth of exports of goods and services recorded in United States Virgin Islands?
- The lowest recorded value was -78.4% in 2012.
- How does United States Virgin Islands rank for annual growth of exports of goods and services?
- United States Virgin Islands ranks 171st out of 176 countries with data for 2022.
- Is annual growth of exports of goods and services rising or falling in United States Virgin Islands?
- Over the last ten years it is up 75.8%. The long-run trend across the full record is volatile.
- Where does this United States Virgin Islands data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).