Government spending vs. GDP, per unit of GDP in United States Virgin Islands
United States Virgin Islands: Government spending vs. GDP, per unit of GDP was 0.2581 constant 2015 US$ per US$ of GDP in 2022. ▲ Rising
Government spending vs. GDP, per unit of GDP in United States Virgin Islands, 2002–2022
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for government spending vs. gdp, per unit of gdp in United States Virgin Islands is 0.2581 constant 2015 US$ per US$ of GDP, measured in 2022.
That represents a change of down 7.8% on the previous year and down 4.4% over ten years.
Over the whole period, government spending vs. gdp, per unit of gdp in United States Virgin Islands peaked at 0.3949 constant 2015 US$ per US$ of GDP in 2018 and was at its lowest, 0.2286 constant 2015 US$ per US$ of GDP, in 2005.
That places United States Virgin Islands 13th out of 166 countries with data for 2022, putting it in the top 10%.
The long-run direction has been consistently rising across the 21 years of available data.
Government spending vs. GDP, per unit of GDP in United States Virgin Islands, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2002 | 0.3394 constant 2015 US$ per US$ of GDP | — |
| 2003 | 0.2869 constant 2015 US$ per US$ of GDP | -15.5% |
| 2004 | 0.2658 constant 2015 US$ per US$ of GDP | -7.3% |
| 2005 | 0.2286 constant 2015 US$ per US$ of GDP | -14.0% |
| 2006 | 0.2366 constant 2015 US$ per US$ of GDP | +3.5% |
| 2007 | 0.2418 constant 2015 US$ per US$ of GDP | +2.2% |
| 2008 | 0.2753 constant 2015 US$ per US$ of GDP | +13.9% |
| 2009 | 0.2922 constant 2015 US$ per US$ of GDP | +6.1% |
| 2010 | 0.2983 constant 2015 US$ per US$ of GDP | +2.1% |
| 2011 | 0.2876 constant 2015 US$ per US$ of GDP | -3.6% |
| 2012 | 0.27 constant 2015 US$ per US$ of GDP | -6.1% |
| 2013 | 0.291 constant 2015 US$ per US$ of GDP | +7.8% |
| 2014 | 0.2967 constant 2015 US$ per US$ of GDP | +1.9% |
| 2015 | 0.2826 constant 2015 US$ per US$ of GDP | -4.8% |
| 2016 | 0.2708 constant 2015 US$ per US$ of GDP | -4.2% |
| 2017 | 0.306 constant 2015 US$ per US$ of GDP | +13.0% |
| 2018 | 0.3949 constant 2015 US$ per US$ of GDP | +29.1% |
| 2019 | 0.3245 constant 2015 US$ per US$ of GDP | -17.8% |
| 2020 | 0.2979 constant 2015 US$ per US$ of GDP | -8.2% |
| 2021 | 0.28 constant 2015 US$ per US$ of GDP | -6.0% |
| 2022 | 0.2581 constant 2015 US$ per US$ of GDP | -7.8% |
United States Virgin Islands compared with similar countries
- United States Virgin Islands's 0.2581 constant 2015 US$ per US$ of GDP is above the median for high income countries, which is 0.1423 constant 2015 US$ per US$ of GDP, 1.8× the median. (60 countries reporting)
- United States Virgin Islands's 0.2581 constant 2015 US$ per US$ of GDP is above the median for Latin America & Caribbean, which is 0.1136 constant 2015 US$ per US$ of GDP, 2.3× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2708 constant 2015 US$ per US$ of GDP | 0.2286 constant 2015 US$ per US$ of GDP | 0.3394 constant 2015 US$ per US$ of GDP | 8 |
| 2010s | 0.3022 constant 2015 US$ per US$ of GDP | 0.27 constant 2015 US$ per US$ of GDP | 0.3949 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.2787 constant 2015 US$ per US$ of GDP | 0.2581 constant 2015 US$ per US$ of GDP | 0.2979 constant 2015 US$ per US$ of GDP | 3 |
Countries ranked near United States Virgin Islands
- 10 Palau 0.2747 constant 2015 US$ per US$ of GDP compare
- 11 Equatorial Guinea 0.2707 constant 2015 US$ per US$ of GDP compare
- 12 Mozambique 0.2612 constant 2015 US$ per US$ of GDP compare
- 14 Cuba 0.2523 constant 2015 US$ per US$ of GDP compare
- 15 Japan 0.2385 constant 2015 US$ per US$ of GDP compare
- 16 Australia 0.2329 constant 2015 US$ per US$ of GDP 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, per unit of gdp in United States Virgin Islands?
- Government spending vs. gdp, per unit of gdp in United States Virgin Islands was 0.2581 constant 2015 US$ per US$ of GDP in 2022, according to Statizoid (derived).
- What is the highest government spending vs. gdp, per unit of gdp recorded in United States Virgin Islands?
- The highest recorded value was 0.3949 constant 2015 US$ per US$ of GDP in 2018.
- What is the lowest government spending vs. gdp, per unit of gdp recorded in United States Virgin Islands?
- The lowest recorded value was 0.2286 constant 2015 US$ per US$ of GDP in 2005.
- How does United States Virgin Islands rank for government spending vs. gdp, per unit of gdp?
- United States Virgin Islands ranks 13th out of 166 countries with data for 2022.
- Is government spending vs. gdp, per unit of gdp rising or falling in United States Virgin Islands?
- Over the last ten years it is down 4.4%. The long-run trend across the full record is rising.
- Where does this United States Virgin Islands data come from?
- The figures come from Statizoid (derived), published as part of Government spending vs. GDP, per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Government spending vs. GDP ÷ GDP (current US$)
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
- 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
Government spending vs. GDP divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.