Annual growth rate of real GDP per capita (%) in British Virgin Islands
British Virgin Islands: Annual growth rate of real GDP per capita (%) was 1.5% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in British Virgin Islands, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth rate of real gdp per capita in British Virgin Islands is 1.5%, measured in 2024.
The figure is down 21.1% on the previous year and up 171.4% over ten years.
Over the whole period, annual growth rate of real gdp per capita in British Virgin Islands peaked at 10.5% in 2005 and was at its lowest, -15.3%, in 2003.
That places British Virgin Islands 133rd out of 228 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita (%) in British Virgin Islands, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.8% | — |
| 2001 | 1.8% | -69.0% |
| 2002 | -6.2% | -444.4% |
| 2003 | -15.3% | +146.8% |
| 2004 | 0.4% | -102.6% |
| 2005 | 10.5% | +2525.0% |
| 2006 | -2.8% | -126.7% |
| 2007 | -2.6% | -7.1% |
| 2008 | -3.2% | +23.1% |
| 2009 | -2.9% | -9.4% |
| 2010 | 0.3% | -110.3% |
| 2011 | -6.4% | -2233.3% |
| 2012 | -6.1% | -4.7% |
| 2013 | -0.8% | -86.9% |
| 2014 | -2.1% | +162.5% |
| 2015 | -3.9% | +85.7% |
| 2016 | 7.2% | -284.6% |
| 2017 | 3.2% | -55.6% |
| 2018 | -0.6% | -118.8% |
| 2019 | 6.1% | -1116.7% |
| 2020 | -12.5% | -304.9% |
| 2021 | 2.5% | -120.0% |
| 2022 | 4.8% | +92.0% |
| 2023 | 1.9% | -60.4% |
| 2024 | 1.5% | -21.1% |
British Virgin Islands compared with similar countries
- British Virgin Islands's 1.5% is above the median for high income countries, which is 1.4%, 1.0× the median. (74 countries reporting)
- British Virgin Islands's 1.5% is below the median for Latin America & Caribbean, which is 2.2%, 70% of the median. (38 countries reporting)
Biggest year-on-year movements
Years where Annual growth rate of real GDP per capita (%) in British 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 |
|---|---|---|---|
| 2005 | +2525.0% | 0.4% | 10.5% |
| 2011 | -2233.3% | 0.3% | -6.4% |
| 2019 | +1116.7% | -0.6% | 6.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -1.5% | -15.3% | 10.5% | 10 |
| 2010s | -0.3% | -6.4% | 7.2% | 10 |
| 2020s | -0.4% | -12.5% | 4.8% | 5 |
Countries ranked near British Virgin Islands
More economy & growth data for British Virgin Islands
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 53.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), gaps 59.45 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.51 million BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.37 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1.36 million BoP, current US$ per person (2024)
- Foreign direct investment, net outflows 47.15 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows 42.91 billion BoP, current US$ (2025)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 23.86 % (2024)
- Gross Domestic Product — Value Standard Local Currency 1,565 million SLC (2024)
- Gross Domestic Product — Value US$ per capita 39,658 USD (2024)
Frequently asked questions
- What is annual growth rate of real gdp per capita in British Virgin Islands?
- Annual growth rate of real gdp per capita in British Virgin Islands was 1.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in British Virgin Islands?
- The highest recorded value was 10.5% in 2005.
- What is the lowest annual growth rate of real gdp per capita recorded in British Virgin Islands?
- The lowest recorded value was -15.3% in 2003.
- How does British Virgin Islands rank for annual growth rate of real gdp per capita?
- British Virgin Islands ranks 133rd out of 228 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in British Virgin Islands?
- Over the last ten years it is up 171.4%. The long-run trend across the full record is volatile.
- Where does this British Virgin Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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