Government expenditure vs gdp in United States Virgin Islands
United States Virgin Islands: Government expenditure vs gdp was 1.21 billion in 2022. ▲ Rising
Government expenditure vs gdp in United States Virgin Islands, 2002–2022
Source: Our World in Data.
Analysis
In 2022, government expenditure vs gdp in United States Virgin Islands stood at 1.21 billion.
That represents a change of down 4.4% on the previous year and up 9.3% over ten years.
Over the whole period, government expenditure vs gdp in United States Virgin Islands peaked at 1.55 billion in 2018 and was at its lowest, 987.66 million, in 2003.
That places United States Virgin Islands 137th out of 166 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.
Government expenditure vs gdp in United States Virgin Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | 1.11 billion | — |
| 2003 | 987.66 million | -10.8% |
| 2004 | 1.01 billion | +2.2% |
| 2005 | 1.01 billion | +0.3% |
| 2006 | 1.06 billion | +4.8% |
| 2007 | 1.16 billion | +9.0% |
| 2008 | 1.17 billion | +1.0% |
| 2009 | 1.23 billion | +5.1% |
| 2010 | 1.29 billion | +5.1% |
| 2011 | 1.21 billion | -5.8% |
| 2012 | 1.10 billion | -9.1% |
| 2013 | 1.09 billion | -1.5% |
| 2014 | 1.06 billion | -2.8% |
| 2015 | 1.03 billion | -2.1% |
| 2016 | 1.03 billion | -0.6% |
| 2017 | 1.16 billion | +12.9% |
| 2018 | 1.55 billion | +33.5% |
| 2019 | 1.34 billion | -13.7% |
| 2020 | 1.26 billion | -5.8% |
| 2021 | 1.26 billion | +0.2% |
| 2022 | 1.21 billion | -4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.09 billion | 987.66 million | 1.23 billion | 8 |
| 2010s | 1.19 billion | 1.03 billion | 1.55 billion | 10 |
| 2020s | 1.24 billion | 1.21 billion | 1.26 billion | 3 |
Countries ranked near United States Virgin Islands
More economy & growth data for United States Virgin Islands
- GDP 4.67 billion current US$ (2022)
- GDP per capita growth -0.9% (2022)
- GDP per capita 36,983 constant 2015 US$ (2022)
- GDP per capita 44,321 current LCU (2022)
- GDP per capita 44,321 current US$ (2022)
- GDP 3.99 billion constant LCU (2022)
- GDP growth -1.3% (2022)
- GDP 3.90 billion constant 2015 US$ (2022)
- GDP 4.67 billion current LCU (2022)
- Imports of goods and services 108.3% (2022)
Frequently asked questions
- What is government expenditure vs gdp in United States Virgin Islands?
- Government expenditure vs gdp in United States Virgin Islands was 1.21 billion in 2022, according to Our World in Data.
- What is the highest government expenditure vs gdp recorded in United States Virgin Islands?
- The highest recorded value was 1.55 billion in 2018.
- What is the lowest government expenditure vs gdp recorded in United States Virgin Islands?
- The lowest recorded value was 987.66 million in 2003.
- How does United States Virgin Islands rank for government expenditure vs gdp?
- United States Virgin Islands ranks 137th out of 166 countries with data for 2022.
- Is government expenditure vs gdp rising or falling in United States Virgin Islands?
- Over the last ten years it is up 9.3%. The long-run trend across the full record is rising.
- Where does this United States Virgin Islands data come from?
- The figures come from Our World in Data, published as part of Government expenditure vs gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (Our World in Data).