Gross domestic savings (current LCU) in United States Virgin Islands
United States Virgin Islands: Gross domestic savings (current LCU) was -155.00 million current LCU in 2022. ◆ Volatile
Gross domestic savings in United States Virgin Islands, 2002–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2022, gross domestic savings in United States Virgin Islands stood at -155.00 million current LCU.
The figure is down 674.1% on the previous year and down 129.0% over ten years.
Over the whole period, gross domestic savings in United States Virgin Islands peaked at 1.55 billion current LCU in 2005 and was at its lowest, -430.00 million current LCU, in 2018.
That places United States Virgin Islands 162nd out of 188 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.
Gross domestic savings (current LCU) in United States Virgin Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2002 | 823.00 million current LCU | — |
| 2003 | 968.00 million current LCU | +17.6% |
| 2004 | 1.18 billion current LCU | +21.8% |
| 2005 | 1.55 billion current LCU | +31.9% |
| 2006 | 1.31 billion current LCU | -16.0% |
| 2007 | 1.50 billion current LCU | +15.2% |
| 2008 | 890.00 million current LCU | -40.8% |
| 2009 | 723.00 million current LCU | -18.8% |
| 2010 | 678.00 million current LCU | -6.2% |
| 2011 | 552.00 million current LCU | -18.6% |
| 2012 | 535.00 million current LCU | -3.1% |
| 2013 | 180.00 million current LCU | -66.4% |
| 2014 | 24.00 million current LCU | -86.7% |
| 2015 | 64.00 million current LCU | +166.7% |
| 2016 | 168.00 million current LCU | +162.5% |
| 2017 | 4.00 million current LCU | -97.6% |
| 2018 | -430.00 million current LCU | -10850.0% |
| 2019 | -259.00 million current LCU | -39.8% |
| 2020 | -10.00 million current LCU | -96.1% |
| 2021 | 27.00 million current LCU | -370.0% |
| 2022 | -155.00 million current LCU | -674.1% |
United States Virgin Islands compared with similar countries
- United States Virgin Islands's -155.00 million current LCU is below the median for high income countries, which is 134.59 billion current LCU. (67 countries reporting)
- United States Virgin Islands's -155.00 million current LCU is below the median for Latin America & Caribbean, which is 32.63 billion current LCU. (28 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (current LCU) 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 |
|---|---|---|---|
| 2018 | -10850.0% | 4.00 million current LCU | -430.00 million current LCU |
| 2022 | -674.1% | 27.00 million current LCU | -155.00 million current LCU |
| 2021 | +370.0% | -10.00 million current LCU | 27.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.12 billion current LCU | 723.00 million current LCU | 1.55 billion current LCU | 8 |
| 2010s | 151.60 million current LCU | -430.00 million current LCU | 678.00 million current LCU | 10 |
| 2020s | -46.00 million current LCU | -155.00 million current LCU | 27.00 million current LCU | 3 |
Countries ranked near United States Virgin Islands
More economy & growth data for United States Virgin Islands
- GDP (current US$), per capita 44,321 current US$ per person (2022)
- External balance on goods and services (current US$), annual growth 100.77 % change on previous year (2021)
- External balance on goods and services (current LCU), annual growth 100.77 % change on previous year (2021)
- GDP deflator (base year varies by country), annual growth rate 5.04 % change on previous year (2022)
- GDP (current US$), annual growth rate 3.66 % change on previous year (2022)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2022)
- GDP (constant 2015 US$), annual growth rate -1.31 % change on previous year (2022)
- GDP (current LCU), per capita 44,321 current LCU per person (2022)
- Imports of goods and services (constant 2015 US$), per capita 26,433 constant 2015 US$ per person (2022)
- GDP (current LCU), annual growth rate 3.66 % change on previous year (2022)
Frequently asked questions
- What is gross domestic savings in United States Virgin Islands?
- Gross domestic savings in United States Virgin Islands was -155.00 million current LCU in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in United States Virgin Islands?
- The highest recorded value was 1.55 billion current LCU in 2005.
- What is the lowest gross domestic savings recorded in United States Virgin Islands?
- The lowest recorded value was -430.00 million current LCU in 2018.
- How does United States Virgin Islands rank for gross domestic savings?
- United States Virgin Islands ranks 162nd out of 188 countries with data for 2022.
- Is gross domestic savings rising or falling in United States Virgin Islands?
- Over the last ten years it is down 129.0%. 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 Gross domestic savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.