Final consumption expenditure in United States Virgin Islands
United States Virgin Islands: Final consumption expenditure was -2.2% in 2022. ◆ Volatile
Final consumption expenditure in United States Virgin Islands, 2003–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
The most recent figure for final consumption expenditure in United States Virgin Islands is -2.2%, measured in 2022.
The figure is down 370.9% on the previous year and up 57.5% over ten years.
Over the whole period, final consumption expenditure in United States Virgin Islands peaked at 11.1% in 2018 and was at its lowest, -5.1%, in 2012.
That places United States Virgin Islands 168th out of 175 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.
Final consumption expenditure in United States Virgin Islands, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2003 | -1.8% | — |
| 2004 | 3.7% | -306.4% |
| 2005 | 5.7% | +51.8% |
| 2006 | 5.7% | +1.4% |
| 2007 | -1.2% | -121.0% |
| 2008 | -2.7% | +123.2% |
| 2009 | 3.2% | -219.8% |
| 2010 | 2.4% | -24.6% |
| 2011 | -2.5% | -204.1% |
| 2012 | -5.1% | +102.0% |
| 2013 | -2.5% | -51.0% |
| 2014 | -1.6% | -36.5% |
| 2015 | 0.9% | -155.1% |
| 2016 | -0.4% | -143.4% |
| 2017 | 2.1% | -660.3% |
| 2018 | 11.1% | +420.3% |
| 2019 | -1.6% | -114.3% |
| 2020 | -5.0% | +214.6% |
| 2021 | 0.8% | -116.1% |
| 2022 | -2.2% | -370.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | -2.7% | 5.7% | 7 |
| 2010s | 0.3% | -5.1% | 11.1% | 10 |
| 2020s | -2.1% | -5.0% | 0.8% | 3 |
Countries ranked near United States Virgin Islands
More economy & growth data for United States Virgin Islands
- Gross domestic savings -3.3% (2022)
- GDP per capita 36,983 constant 2015 US$ (2022)
- GDP per capita growth -0.9% (2022)
- GDP per capita 37,842 constant LCU (2022)
- Gross domestic savings -155.00 million current US$ (2022)
- Gross domestic savings -155.00 million current LCU (2022)
- GDP per capita in international and market dollars 36,983 constant 2015 US$ (2022)
- GDP per capita 36,983 constant 2015 US$ (2022)
- Gross domestic product (GDP) 3.90 billion constant 2015 US$ (2022)
- GDP per capita 44,321 current LCU (2022)
Frequently asked questions
- What is final consumption expenditure in United States Virgin Islands?
- Final consumption expenditure in United States Virgin Islands was -2.2% in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in United States Virgin Islands?
- The highest recorded value was 11.1% in 2018.
- What is the lowest final consumption expenditure recorded in United States Virgin Islands?
- The lowest recorded value was -5.1% in 2012.
- How does United States Virgin Islands rank for final consumption expenditure?
- United States Virgin Islands ranks 168th out of 175 countries with data for 2022.
- Is final consumption expenditure rising or falling in United States Virgin Islands?
- Over the last ten years it is up 57.5%. The long-run trend across the full record is volatile.
- Where does this United States Virgin Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.