Gross domestic savings (current US$) in United States Virgin Islands
United States Virgin Islands: Gross domestic savings (current US$) was -155.00 million current US$ 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 US$.
Analysis
The most recent figure for gross domestic savings in United States Virgin Islands is -155.00 million current US$, measured in 2022.
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 US$ in 2005 and was at its lowest, -430.00 million current US$, in 2018.
That places United States Virgin Islands 169th out of 188 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (current US$) in United States Virgin Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2002 | 823.00 million current US$ | — |
| 2003 | 968.00 million current US$ | +17.6% |
| 2004 | 1.18 billion current US$ | +21.8% |
| 2005 | 1.55 billion current US$ | +31.9% |
| 2006 | 1.31 billion current US$ | -16.0% |
| 2007 | 1.50 billion current US$ | +15.2% |
| 2008 | 890.00 million current US$ | -40.8% |
| 2009 | 723.00 million current US$ | -18.8% |
| 2010 | 678.00 million current US$ | -6.2% |
| 2011 | 552.00 million current US$ | -18.6% |
| 2012 | 535.00 million current US$ | -3.1% |
| 2013 | 180.00 million current US$ | -66.4% |
| 2014 | 24.00 million current US$ | -86.7% |
| 2015 | 64.00 million current US$ | +166.7% |
| 2016 | 168.00 million current US$ | +162.5% |
| 2017 | 4.00 million current US$ | -97.6% |
| 2018 | -430.00 million current US$ | -10850.0% |
| 2019 | -259.00 million current US$ | -39.8% |
| 2020 | -10.00 million current US$ | -96.1% |
| 2021 | 27.00 million current US$ | -370.0% |
| 2022 | -155.00 million current US$ | -674.1% |
United States Virgin Islands compared with similar countries
- United States Virgin Islands's -155.00 million current US$ is below the median for high income countries, which is 52.49 billion current US$. (67 countries reporting)
- United States Virgin Islands's -155.00 million current US$ is below the median for Latin America & Caribbean, which is 10.99 billion current US$. (28 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (current US$) 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 US$ | -430.00 million current US$ |
| 2022 | -674.1% | 27.00 million current US$ | -155.00 million current US$ |
| 2021 | +370.0% | -10.00 million current US$ | 27.00 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.12 billion current US$ | 723.00 million current US$ | 1.55 billion current US$ | 8 |
| 2010s | 151.60 million current US$ | -430.00 million current US$ | 678.00 million current US$ | 10 |
| 2020s | -46.00 million current US$ | -155.00 million current US$ | 27.00 million current US$ | 3 |
Countries ranked near United States Virgin Islands
- 166 Tonga -127.85 million current US$ compare
- 167 Solomon Islands -128.38 million current US$ compare
- 168 Central African Republic -150.63 million current US$ compare
- 170 Comoros -189.56 million current US$ compare
- 171 Kiribati -215.59 million current US$ compare
- 172 Haiti -226.44 million current US$ compare
More economy & growth data for United States Virgin Islands
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.5964 constant 2015 US$ per US$ of GDP (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$), annual growth rate 3.66 % change on previous year (2022)
- GDP deflator (base year varies by country), annual growth rate 5.04 % change on previous year (2022)
- External balance on goods and services (current LCU), annual growth 100.77 % change on previous year (2021)
- External balance on goods and services (current US$), annual growth 100.77 % change on previous year (2021)
- Imports of goods and services (constant 2015 US$), per capita 26,433 constant 2015 US$ per person (2022)
- Imports of goods and services (current US$), annual growth rate 24.67 % change on previous year (2022)
Frequently asked questions
- What is gross domestic savings in United States Virgin Islands?
- Gross domestic savings in United States Virgin Islands was -155.00 million current US$ 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 US$ in 2005.
- What is the lowest gross domestic savings recorded in United States Virgin Islands?
- The lowest recorded value was -430.00 million current US$ in 2018.
- How does United States Virgin Islands rank for gross domestic savings?
- United States Virgin Islands ranks 169th 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 US$). 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 indicator is expressed in United States dollars.