Final consumption expenditure in United States Virgin Islands
United States Virgin Islands: Final consumption expenditure was 103.3% in 2022. ▲ Rising
Final consumption expenditure in United States Virgin Islands, 2002–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for final consumption expenditure in United States Virgin Islands is 103.3%, measured in 2022.
That represents a change of up 3.9% on the previous year and up 18.9% over ten years.
Over the whole period, final consumption expenditure in United States Virgin Islands peaked at 111.0% in 2018 and was at its lowest, 64.9%, in 2005.
That places United States Virgin Islands 25th out of 188 countries with data for 2022, putting it in the top quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Final consumption expenditure in United States Virgin Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 74.8% | — |
| 2003 | 71.9% | -3.9% |
| 2004 | 68.9% | -4.1% |
| 2005 | 64.9% | -5.9% |
| 2006 | 70.9% | +9.2% |
| 2007 | 68.6% | -3.3% |
| 2008 | 79.0% | +15.3% |
| 2009 | 82.8% | +4.8% |
| 2010 | 84.3% | +1.8% |
| 2011 | 86.9% | +3.1% |
| 2012 | 86.9% | -0.0% |
| 2013 | 95.2% | +9.5% |
| 2014 | 99.3% | +4.4% |
| 2015 | 98.3% | -1.1% |
| 2016 | 95.6% | -2.7% |
| 2017 | 99.9% | +4.5% |
| 2018 | 111.0% | +11.1% |
| 2019 | 106.3% | -4.2% |
| 2020 | 100.2% | -5.7% |
| 2021 | 99.4% | -0.8% |
| 2022 | 103.3% | +3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 72.7% | 64.9% | 82.8% | 8 |
| 2010s | 96.4% | 84.3% | 111.0% | 10 |
| 2020s | 101.0% | 99.4% | 103.3% | 3 |
Countries ranked near United States Virgin Islands
- 22 Republic of Moldova 105.0% compare
- 23 Central African Republic 104.9% compare
- 24 Tajikistan 104.0% compare
- 26 Malawi 102.4% compare
- 27 Haiti 100.7% compare
- 28 Namibia 100.6% compare
More economy & growth data for United States Virgin Islands
- Gross domestic product (GDP) 3.90 billion constant 2015 US$ (2022)
- Gross domestic savings -155.00 million current US$ (2022)
- Gross domestic savings -155.00 million current LCU (2022)
- Gross domestic savings -3.3% (2022)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- GDP per capita in international and market dollars 36,983 constant 2015 US$ (2022)
- Gdp worldbank constant usd, per capita 36,983 units per person (2022)
- Gdp worldbank constant usd, annual growth rate -1.31 % change on previous year (2022)
- Gdp worldbank constant usd, per unit of GDP 0.8344 units per US$ of GDP (2022)
- GDP per capita 37,842 constant LCU (2022)
Frequently asked questions
- What is final consumption expenditure in United States Virgin Islands?
- Final consumption expenditure in United States Virgin Islands was 103.3% 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 111.0% in 2018.
- What is the lowest final consumption expenditure recorded in United States Virgin Islands?
- The lowest recorded value was 64.9% in 2005.
- How does United States Virgin Islands rank for final consumption expenditure?
- United States Virgin Islands ranks 25th out of 188 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 18.9%. The long-run trend across the full record is rising.
- 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 (% of GDP). 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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.