GDP (constant LCU) (Country official) in United States Virgin Islands
United States Virgin Islands: GDP (constant LCU) (Country official) 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 (constant LCU) (Country official) 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% |
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 worldbank constant usd, per unit of GDP 0.8344 units per US$ of GDP (2022)
- Final consumption expenditure (current US$), per capita 45,791 current US$ per person (2022)
- Final consumption expenditure (current LCU), annual growth rate 7.75 % change on previous year (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$), annual growth rate -2.17 % change on previous year (2022)
- Final consumption expenditure (constant 2015 US$), 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)
- Gdp worldbank constant usd, per capita 36,983 units per person (2022)
- Gross domestic savings (current LCU), per capita -1,470 current LCU per person (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.