General government final consumption expenditure in United States Virgin Islands
United States Virgin Islands: General government final consumption expenditure was -4.4% in 2022. ◆ Volatile
General government final consumption expenditure in United States Virgin Islands, 2003–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
United States Virgin Islands recorded -4.4% for general government final consumption expenditure in 2022.
The figure is down 2,695.6% on the previous year and up 51.4% over ten years.
Over the whole period, general government final consumption expenditure in United States Virgin Islands peaked at 33.5% in 2018 and was at its lowest, -13.7%, in 2019.
That places United States Virgin Islands 165th out of 174 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
General government final consumption expenditure in United States Virgin Islands, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2003 | -10.8% | — |
| 2004 | 2.2% | -120.2% |
| 2005 | 0.3% | -85.3% |
| 2006 | 4.8% | +1395.2% |
| 2007 | 9.0% | +88.8% |
| 2008 | 1.0% | -88.7% |
| 2009 | 5.1% | +394.9% |
| 2010 | 5.1% | +0.4% |
| 2011 | -5.8% | -214.9% |
| 2012 | -9.1% | +56.3% |
| 2013 | -1.5% | -84.0% |
| 2014 | -2.8% | +89.4% |
| 2015 | -2.1% | -22.9% |
| 2016 | -0.6% | -70.8% |
| 2017 | 12.9% | -2162.9% |
| 2018 | 33.5% | +160.0% |
| 2019 | -13.7% | -140.9% |
| 2020 | -5.8% | -57.7% |
| 2021 | 0.2% | -102.9% |
| 2022 | -4.4% | -2695.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.7% | -10.8% | 9.0% | 7 |
| 2010s | 1.6% | -13.7% | 33.5% | 10 |
| 2020s | -3.4% | -5.8% | 0.2% | 3 |
Countries ranked near United States Virgin Islands
- 162 El Salvador -3.4% compare
- 163 Saudi Arabia -3.5% compare
- 164 Marshall Islands -4.2% compare
- 166 Djibouti -4.5% compare
- 167 Madagascar -4.6% compare
- 168 Mongolia -6.1% 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)
- DEC alternative conversion factor 1 LCU per US$ (2025)
- GDP per capita in international and market dollars 36,983 constant 2015 US$ (2022)
- Gross domestic product (GDP) 3.90 billion constant 2015 US$ (2022)
- GDP per capita 36,983 constant 2015 US$ (2022)
- External balance on goods and services as a percent of GDP -10.9% (2022)
- Gdp worldbank constant usd, per capita 36,983 units per person (2022)
- Gross domestic savings (current LCU), per unit of GDP -0.0332 current LCU per US$ of GDP (2022)
- Gross domestic savings (current US$), per capita -1,470 current US$ per person (2022)
- Gross domestic savings (current LCU), annual growth rate -674.07 % change on previous year (2022)
Frequently asked questions
- What is general government final consumption expenditure in United States Virgin Islands?
- General government final consumption expenditure in United States Virgin Islands was -4.4% in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in United States Virgin Islands?
- The highest recorded value was 33.5% in 2018.
- What is the lowest general government final consumption expenditure recorded in United States Virgin Islands?
- The lowest recorded value was -13.7% in 2019.
- How does United States Virgin Islands rank for general government final consumption expenditure?
- United States Virgin Islands ranks 165th out of 174 countries with data for 2022.
- Is general government final consumption expenditure rising or falling in United States Virgin Islands?
- Over the last ten years it is up 51.4%. The long-run trend across the full record is volatile.
- Where does this United States Virgin Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of General government final consumption expenditure (annual % growth). 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.