Government spending vs. GDP, annual growth rate in United States Virgin Islands
United States Virgin Islands: Government spending vs. GDP, annual growth rate was -4.43 % change on previous year in 2022. ◆ Volatile
Government spending vs. GDP, annual growth rate in United States Virgin Islands, 2003–2022
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for government spending vs. gdp, annual growth rate in United States Virgin Islands is -4.43 % change on previous year, measured in 2022.
Compared with earlier readings it is down 2,697.4% on the previous year and up 51.4% over ten years.
Over the whole period, government spending vs. gdp, annual growth rate in United States Virgin Islands peaked at 33.46 % change on previous year in 2018 and was at its lowest, -13.68 % change on previous year, in 2019.
United States Virgin Islands ranks 157th of 166 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Government spending vs. GDP, annual growth rate in United States Virgin Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2003 | -10.79 % change on previous year | — |
| 2004 | 2.18 % change on previous year | -120.2% |
| 2005 | 0.3201 % change on previous year | -85.3% |
| 2006 | 4.78 % change on previous year | +1394.0% |
| 2007 | 9.03 % change on previous year | +88.8% |
| 2008 | 1.02 % change on previous year | -88.7% |
| 2009 | 5.06 % change on previous year | +394.7% |
| 2010 | 5.08 % change on previous year | +0.4% |
| 2011 | -5.84 % change on previous year | -214.9% |
| 2012 | -9.12 % change on previous year | +56.3% |
| 2013 | -1.46 % change on previous year | -84.0% |
| 2014 | -2.77 % change on previous year | +89.4% |
| 2015 | -2.14 % change on previous year | -22.9% |
| 2016 | -0.6242 % change on previous year | -70.8% |
| 2017 | 12.87 % change on previous year | -2161.5% |
| 2018 | 33.46 % change on previous year | +160.0% |
| 2019 | -13.68 % change on previous year | -140.9% |
| 2020 | -5.79 % change on previous year | -57.7% |
| 2021 | 0.1707 % change on previous year | -102.9% |
| 2022 | -4.43 % change on previous year | -2697.4% |
United States Virgin Islands compared with similar countries
- United States Virgin Islands's -4.43 % change on previous year is below the median for high income countries, which is 1.7 % change on previous year. (60 countries reporting)
- United States Virgin Islands's -4.43 % change on previous year is below the median for Latin America & Caribbean, which is 1.42 % change on previous year. (22 countries reporting)
Biggest year-on-year movements
Years where Government spending vs. GDP, annual growth rate 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 |
|---|---|---|---|
| 2022 | -2697.4% | 0.1707 % change on previous year | -4.43 % change on previous year |
| 2017 | +2161.5% | -0.6242 % change on previous year | 12.87 % change on previous year |
| 2006 | +1394.0% | 0.3201 % change on previous year | 4.78 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.66 % change on previous year | -10.79 % change on previous year | 9.03 % change on previous year | 7 |
| 2010s | 1.58 % change on previous year | -13.68 % change on previous year | 33.46 % change on previous year | 10 |
| 2020s | -3.35 % change on previous year | -5.79 % change on previous year | 0.1707 % change on previous year | 3 |
Countries ranked near United States Virgin Islands
- 154 El Salvador -3.38 % change on previous year compare
- 155 Saudi Arabia -3.49 % change on previous year compare
- 156 Marshall Islands -4.16 % change on previous year compare
- 158 Djibouti -4.53 % change on previous year compare
- 159 Madagascar -4.59 % change on previous year compare
- 160 Mongolia -6.14 % 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 capita 43,154 current US$ per person (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$), annual growth rate 11.8 % change on previous year (2022)
- Exports of goods and services (current US$), per unit of GDP 0.9737 current US$ per US$ of GDP (2022)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.5724 constant 2015 US$ per US$ of GDP (2022)
Frequently asked questions
- What is government spending vs. gdp, annual growth rate in United States Virgin Islands?
- Government spending vs. gdp, annual growth rate in United States Virgin Islands was -4.43 % change on previous year in 2022, according to Statizoid (derived).
- What is the highest government spending vs. gdp, annual growth rate recorded in United States Virgin Islands?
- The highest recorded value was 33.46 % change on previous year in 2018.
- What is the lowest government spending vs. gdp, annual growth rate recorded in United States Virgin Islands?
- The lowest recorded value was -13.68 % change on previous year in 2019.
- How does United States Virgin Islands rank for government spending vs. gdp, annual growth rate?
- United States Virgin Islands ranks 157th out of 166 countries with data for 2022.
- Is government spending vs. gdp, annual growth rate 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 Statizoid (derived), published as part of Government spending vs. GDP, 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 Government spending vs. GDP. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Government spending vs. GDP National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
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 Government spending vs. GDP. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.