Gross domestic product (GDP), annual growth rate in United States Virgin Islands
United States Virgin Islands: Gross domestic product (GDP), annual growth rate was -1.31 % change on previous year in 2022. ◆ Volatile
Gross domestic product (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 gross domestic product (gdp), annual growth rate in United States Virgin Islands is -1.31 % change on previous year, measured in 2022.
Compared with earlier readings it is down 135.8% on the previous year and up 91.1% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in United States Virgin Islands peaked at 4.01 % change on previous year in 2007 and was at its lowest, -14.81 % change on previous year, in 2012.
United States Virgin Islands ranks 191st of 198 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in United States Virgin Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2003 | -0.3961 % change on previous year | — |
| 2004 | 3.29 % change on previous year | -929.5% |
| 2005 | 3.49 % change on previous year | +6.1% |
| 2006 | 3.5 % change on previous year | +0.6% |
| 2007 | 4.01 % change on previous year | +14.4% |
| 2008 | 1.22 % change on previous year | -69.6% |
| 2009 | -6.59 % change on previous year | -641.1% |
| 2010 | 0.5963 % change on previous year | -109.0% |
| 2011 | -8.2 % change on previous year | -1475.9% |
| 2012 | -14.81 % change on previous year | +80.5% |
| 2013 | -6.29 % change on previous year | -57.6% |
| 2014 | -1.77 % change on previous year | -71.8% |
| 2015 | -0.425 % change on previous year | -76.1% |
| 2016 | 1.6 % change on previous year | -476.7% |
| 2017 | -0.7353 % change on previous year | -145.9% |
| 2018 | 1.88 % change on previous year | -355.4% |
| 2019 | 2.91 % change on previous year | +54.9% |
| 2020 | -1.61 % change on previous year | -155.5% |
| 2021 | 3.67 % change on previous year | -327.1% |
| 2022 | -1.31 % change on previous year | -135.8% |
United States Virgin Islands compared with similar countries
- United States Virgin Islands's -1.31 % change on previous year is below the median for high income countries, which is 2.15 % change on previous year. (74 countries reporting)
- United States Virgin Islands's -1.31 % change on previous year is below the median for Latin America & Caribbean, which is 3.39 % change on previous year. (38 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (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 |
|---|---|---|---|
| 2011 | -1475.9% | 0.5963 % change on previous year | -8.2 % change on previous year |
| 2004 | +929.5% | -0.3961 % change on previous year | 3.29 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.22 % change on previous year | -6.59 % change on previous year | 4.01 % change on previous year | 7 |
| 2010s | -2.53 % change on previous year | -14.81 % change on previous year | 2.91 % change on previous year | 10 |
| 2020s | 0.2471 % change on previous year | -1.61 % change on previous year | 3.67 % change on previous year | 3 |
Countries ranked near United States Virgin Islands
- 188 Saint Lucia -0.5741 % change on previous year compare
- 189 Botswana -0.7338 % change on previous year compare
- 190 Trinidad and Tobago -0.7878 % change on previous year compare
- 192 Bolivia -1.58 % change on previous year compare
- 193 Myanmar -2.01 % change on previous year compare
- 194 Iraq -2.16 % change on previous year compare
More economy & growth data for United States Virgin Islands
- General government final consumption expenditure (current US$) 5.1 % change on previous year (2022)
- External balance on goods and services (current US$), annual growth 100.77 % change on previous year (2021)
- GDP (constant 2015 US$), annual growth rate -1.31 % change on previous year (2022)
- GDP (current LCU), per capita 44,321 current LCU per person (2022)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2022)
- GDP (current LCU), annual growth rate 3.66 % change on previous year (2022)
- GDP (current US$), per capita 44,321 current US$ per person (2022)
- GDP (current US$), annual growth rate 3.66 % change on previous year (2022)
- GDP deflator (base year varies by country), annual growth rate 5.04 % change on previous year (2022)
- External balance on goods and services (current LCU), annual growth 100.77 % change on previous year (2021)
Frequently asked questions
- What is gross domestic product (gdp), annual growth rate in United States Virgin Islands?
- Gross domestic product (gdp), annual growth rate in United States Virgin Islands was -1.31 % change on previous year in 2022, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in United States Virgin Islands?
- The highest recorded value was 4.01 % change on previous year in 2007.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in United States Virgin Islands?
- The lowest recorded value was -14.81 % change on previous year in 2012.
- How does United States Virgin Islands rank for gross domestic product (gdp), annual growth rate?
- United States Virgin Islands ranks 191st out of 198 countries with data for 2022.
- Is gross domestic product (gdp), annual growth rate rising or falling in United States Virgin Islands?
- Over the last ten years it is up 91.1%. 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 Gross domestic product (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 Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Eurostat, OECD, IMF, and World Bank (2026) – with minor processing 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 Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.