GDP in United States Virgin Islands
United States Virgin Islands: GDP was 3.99 billion constant LCU in 2022. ▼ Falling
GDP in United States Virgin Islands, 2002–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gdp in United States Virgin Islands is 3.99 billion constant LCU, measured in 2022.
The figure is down 1.3% on the previous year and down 2.4% over ten years.
Over the whole period, gdp in United States Virgin Islands peaked at 5.57 billion constant LCU in 2008 and was at its lowest, 3.75 billion constant LCU, in 2015.
United States Virgin Islands ranks 195th of 215 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
GDP in United States Virgin Islands, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2002 | 4.80 billion constant LCU | — |
| 2003 | 4.78 billion constant LCU | -0.4% |
| 2004 | 4.93 billion constant LCU | +3.3% |
| 2005 | 5.11 billion constant LCU | +3.5% |
| 2006 | 5.29 billion constant LCU | +3.5% |
| 2007 | 5.50 billion constant LCU | +4.0% |
| 2008 | 5.57 billion constant LCU | +1.2% |
| 2009 | 5.20 billion constant LCU | -6.6% |
| 2010 | 5.23 billion constant LCU | +0.6% |
| 2011 | 4.80 billion constant LCU | -8.2% |
| 2012 | 4.09 billion constant LCU | -14.8% |
| 2013 | 3.83 billion constant LCU | -6.3% |
| 2014 | 3.76 billion constant LCU | -1.8% |
| 2015 | 3.75 billion constant LCU | -0.4% |
| 2016 | 3.81 billion constant LCU | +1.6% |
| 2017 | 3.78 billion constant LCU | -0.7% |
| 2018 | 3.85 billion constant LCU | +1.9% |
| 2019 | 3.96 billion constant LCU | +2.9% |
| 2020 | 3.90 billion constant LCU | -1.6% |
| 2021 | 4.04 billion constant LCU | +3.7% |
| 2022 | 3.99 billion constant LCU | -1.3% |
United States Virgin Islands compared with similar countries
- United States Virgin Islands's 3.99 billion constant LCU is below the median for high income countries, which is 153.70 billion constant LCU, 3% of the median. (83 countries reporting)
- United States Virgin Islands's 3.99 billion constant LCU is below the median for Latin America & Caribbean, which is 84.75 billion constant LCU, 5% of the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.15 billion constant LCU | 4.78 billion constant LCU | 5.57 billion constant LCU | 8 |
| 2010s | 4.09 billion constant LCU | 3.75 billion constant LCU | 5.23 billion constant LCU | 10 |
| 2020s | 3.98 billion constant LCU | 3.90 billion constant LCU | 4.04 billion constant LCU | 3 |
Countries ranked near United States Virgin Islands
- 192 Isle of Man 4.64 billion constant LCU compare
- 193 Sao Tome and Principe 4.28 billion constant LCU compare
- 194 Liberia 4.19 billion constant LCU compare
- 196 Andorra 3.12 billion constant LCU compare
- 197 Sint Maarten (Dutch part) 2.85 billion constant LCU compare
- 198 Saint Vincent and the Grenadines 2.75 billion constant LCU compare
More economy & growth data for United States Virgin Islands
- GDP (current US$), per capita 44,321 current US$ per person (2022)
- External balance on goods and services (current US$), annual growth 100.77 % change on previous year (2021)
- External balance on goods and services (current LCU), annual growth 100.77 % change on previous year (2021)
- GDP deflator (base year varies by country), annual growth rate 5.04 % change on previous year (2022)
- GDP (current US$), annual growth rate 3.66 % change on previous year (2022)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2022)
- GDP (constant 2015 US$), annual growth rate -1.31 % change on previous year (2022)
- GDP (current LCU), per capita 44,321 current LCU per person (2022)
- Imports of goods and services (constant 2015 US$), per capita 26,433 constant 2015 US$ per person (2022)
- GDP (current LCU), annual growth rate 3.66 % change on previous year (2022)
Frequently asked questions
- What is gdp in United States Virgin Islands?
- Gdp in United States Virgin Islands was 3.99 billion constant LCU in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in United States Virgin Islands?
- The highest recorded value was 5.57 billion constant LCU in 2008.
- What is the lowest gdp recorded in United States Virgin Islands?
- The lowest recorded value was 3.75 billion constant LCU in 2015.
- How does United States Virgin Islands rank for gdp?
- United States Virgin Islands ranks 195th out of 215 countries with data for 2022.
- Is gdp rising or falling in United States Virgin Islands?
- Over the last ten years it is down 2.4%. The long-run trend across the full record is falling.
- 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 GDP (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.