GDP (current LCU), annual growth rate (Country official) in United States Virgin Islands
United States Virgin Islands: GDP (current LCU), annual growth rate (Country official) was 3.66 % change on previous year in 2022. ◆ Volatile
GDP (current LCU), annual growth rate in United States Virgin Islands, 2003–2022
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
United States Virgin Islands recorded 3.66 % change on previous year for gdp (current lcu), annual growth rate in 2022.
Compared with earlier readings it is down 44.3% on the previous year and up 215.4% over ten years.
Over the whole period, gdp (current lcu), annual growth rate in United States Virgin Islands peaked at 16.62 % change on previous year in 2005 and was at its lowest, -11.29 % change on previous year, in 2008.
United States Virgin Islands ranks 178th of 212 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU), annual growth rate (Country official) in United States Virgin Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2003 | 5.55 % change on previous year | — |
| 2004 | 10.28 % change on previous year | +85.3% |
| 2005 | 16.62 % change on previous year | +61.6% |
| 2006 | 1.26 % change on previous year | -92.4% |
| 2007 | 6.69 % change on previous year | +429.0% |
| 2008 | -11.29 % change on previous year | -268.7% |
| 2009 | -1.01 % change on previous year | -91.0% |
| 2010 | 2.93 % change on previous year | -389.0% |
| 2011 | -2.34 % change on previous year | -179.8% |
| 2012 | -3.17 % change on previous year | +35.8% |
| 2013 | -8.58 % change on previous year | +170.5% |
| 2014 | -4.63 % change on previous year | -46.1% |
| 2015 | 2.75 % change on previous year | -159.4% |
| 2016 | 3.69 % change on previous year | +34.1% |
| 2017 | -0.1053 % change on previous year | -102.9% |
| 2018 | 3.4 % change on previous year | -3328.4% |
| 2019 | 5.05 % change on previous year | +48.4% |
| 2020 | 2.62 % change on previous year | -48.1% |
| 2021 | 6.57 % change on previous year | +150.8% |
| 2022 | 3.66 % change on previous year | -44.3% |
United States Virgin Islands compared with similar countries
- United States Virgin Islands's 3.66 % change on previous year is below the median for high income countries, which is 5.03 % change on previous year, 73% of the median. (82 countries reporting)
- United States Virgin Islands's 3.66 % change on previous year is below the median for Latin America & Caribbean, which is 6.6 % change on previous year, 55% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU), annual growth rate (Country official) in United States 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 |
|---|---|---|---|
| 2018 | +3328.4% | -0.1053 % change on previous year | 3.4 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.01 % change on previous year | -11.29 % change on previous year | 16.62 % change on previous year | 7 |
| 2010s | -0.1017 % change on previous year | -8.58 % change on previous year | 5.05 % change on previous year | 10 |
| 2020s | 4.29 % change on previous year | 2.62 % change on previous year | 6.57 % change on previous year | 3 |
Countries ranked near United States Virgin Islands
- 175 Bahrain 3.72 % change on previous year compare
- 176 Australia 3.69 % change on previous year compare
- 177 Bahamas 3.68 % change on previous year compare
- 179 Belgium 3.57 % change on previous year compare
- 180 Chad 3.52 % change on previous year compare
- 181 Tuvalu 3.49 % change on previous year compare
More economy & growth data for United States Virgin Islands
- General government final consumption expenditure (current US$) 5.1 % change on previous year (2022)
- Exports of goods and services (current US$), per unit of GDP 0.9737 current US$ per US$ of GDP (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$), annual growth rate -2.17 % change on previous year (2022)
- GDP per capita 36,983 constant 2015 US$ (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)
- Exports of goods and services (current US$), annual growth rate 11.8 % change on previous year (2022)
- Exports of goods and services (constant 2015 US$), annual growth rate -18.95 % change on previous year (2022)
Frequently asked questions
- What is gdp (current lcu), annual growth rate in United States Virgin Islands?
- Gdp (current lcu), annual growth rate in United States Virgin Islands was 3.66 % change on previous year in 2022, according to Statizoid (derived).
- What is the highest gdp (current lcu), annual growth rate recorded in United States Virgin Islands?
- The highest recorded value was 16.62 % change on previous year in 2005.
- What is the lowest gdp (current lcu), annual growth rate recorded in United States Virgin Islands?
- The lowest recorded value was -11.29 % change on previous year in 2008.
- How does United States Virgin Islands rank for gdp (current lcu), annual growth rate?
- United States Virgin Islands ranks 178th out of 212 countries with data for 2022.
- Is gdp (current lcu), annual growth rate rising or falling in United States Virgin Islands?
- Over the last ten years it is up 215.4%. The long-run trend across the full record is volatile.
- Where does this United States Virgin Islands data come from?
- The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.