GDP in United States Virgin Islands
United States Virgin Islands: GDP was 4.67 billion current US$ in 2022. ▲ Rising
GDP in United States Virgin Islands, 2002–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
United States Virgin Islands recorded 4.67 billion current US$ for gdp in 2022.
Compared with earlier readings it is up 3.7% on the previous year and up 14.3% over ten years.
Over the whole period, gdp in United States Virgin Islands peaked at 4.78 billion current US$ in 2007 and was at its lowest, 3.26 billion current US$, in 2002.
That places United States Virgin Islands 173rd out of 214 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
GDP in United States Virgin Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2002 | 3.26 billion current US$ | — |
| 2003 | 3.44 billion current US$ | +5.5% |
| 2004 | 3.80 billion current US$ | +10.3% |
| 2005 | 4.43 billion current US$ | +16.6% |
| 2006 | 4.48 billion current US$ | +1.3% |
| 2007 | 4.78 billion current US$ | +6.7% |
| 2008 | 4.24 billion current US$ | -11.3% |
| 2009 | 4.20 billion current US$ | -1.0% |
| 2010 | 4.32 billion current US$ | +2.9% |
| 2011 | 4.22 billion current US$ | -2.3% |
| 2012 | 4.09 billion current US$ | -3.2% |
| 2013 | 3.74 billion current US$ | -8.6% |
| 2014 | 3.56 billion current US$ | -4.6% |
| 2015 | 3.66 billion current US$ | +2.7% |
| 2016 | 3.80 billion current US$ | +3.7% |
| 2017 | 3.79 billion current US$ | -0.1% |
| 2018 | 3.92 billion current US$ | +3.4% |
| 2019 | 4.12 billion current US$ | +5.0% |
| 2020 | 4.23 billion current US$ | +2.6% |
| 2021 | 4.51 billion current US$ | +6.6% |
| 2022 | 4.67 billion current US$ | +3.7% |
United States Virgin Islands compared with similar countries
- United States Virgin Islands's 4.67 billion current US$ is below the median for high income countries, which is 102.03 billion current US$, 5% of the median. (82 countries reporting)
- United States Virgin Islands's 4.67 billion current US$ is below the median for Latin America & Caribbean, which is 29.59 billion current US$, 16% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.08 billion current US$ | 3.26 billion current US$ | 4.78 billion current US$ | 8 |
| 2010s | 3.92 billion current US$ | 3.56 billion current US$ | 4.32 billion current US$ | 10 |
| 2020s | 4.47 billion current US$ | 4.23 billion current US$ | 4.67 billion current US$ | 3 |
Countries ranked near United States Virgin Islands
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 4.67 billion current US$ 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 4.78 billion current US$ in 2007.
- What is the lowest gdp recorded in United States Virgin Islands?
- The lowest recorded value was 3.26 billion current US$ in 2002.
- How does United States Virgin Islands rank for gdp?
- United States Virgin Islands ranks 173rd out of 214 countries with data for 2022.
- Is gdp rising or falling in United States Virgin Islands?
- Over the last ten years it is up 14.3%. 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 GDP (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.