Gross fixed capital formation, private sector in United States Virgin Islands
United States Virgin Islands: Gross fixed capital formation, private sector was 9.6% in 2022. ▬ Flat
Gross fixed capital formation, private sector in United States Virgin Islands, 2002–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
The most recent figure for gross fixed capital formation, private sector in United States Virgin Islands is 9.6%, measured in 2022.
That represents a change of down 13.4% on the previous year and up 34.3% over ten years.
Over the whole period, gross fixed capital formation, private sector in United States Virgin Islands peaked at 24.2% in 2019 and was at its lowest, 7.1%, in 2012.
United States Virgin Islands ranks 92nd of 106 countries on this measure, in the bottom quarter.
Gross fixed capital formation, private sector in United States Virgin Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 15.8% | — |
| 2003 | 11.6% | -26.7% |
| 2004 | 12.1% | +4.8% |
| 2005 | 13.1% | +7.5% |
| 2006 | 14.1% | +8.1% |
| 2007 | 11.9% | -15.7% |
| 2008 | 12.3% | +3.2% |
| 2009 | 10.4% | -15.3% |
| 2010 | 9.5% | -8.6% |
| 2011 | 9.2% | -2.8% |
| 2012 | 7.1% | -22.7% |
| 2013 | 8.0% | +11.6% |
| 2014 | 8.4% | +5.6% |
| 2015 | 7.8% | -7.2% |
| 2016 | 7.2% | -7.6% |
| 2017 | 8.0% | +10.7% |
| 2018 | 12.2% | +53.2% |
| 2019 | 24.2% | +98.1% |
| 2020 | 17.6% | -27.2% |
| 2021 | 11.1% | -37.2% |
| 2022 | 9.6% | -13.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.7% | 10.4% | 15.8% | 8 |
| 2010s | 10.2% | 7.1% | 24.2% | 10 |
| 2020s | 12.8% | 9.6% | 17.6% | 3 |
Countries ranked near United States Virgin Islands
- 89 Colombia 10.2%
- 90 Burkina Faso 10.2% compare
- 91 Pakistan 9.9% compare
- 93 Central African Republic 8.6% compare
- 94 Angola 7.3% compare
- 95 Macau, China 7.3% compare
More economy & growth data for United States Virgin Islands
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2022)
- Gross domestic savings (current US$), annual growth rate -674.07 % change on previous year (2022)
- GDP (constant LCU), per capita 37,842 constant LCU per person (2022)
- GDP (constant LCU), per unit of GDP 0.8538 constant LCU per US$ of GDP (2022)
- GDP (constant LCU), annual growth rate -1.31 % change on previous year (2022)
- GDP (constant 2015 US$), per capita 36,983 constant 2015 US$ per person (2022)
- GDP (constant 2015 US$), per unit of GDP 0.8344 constant 2015 US$ per US$ of GDP (2022)
- GDP (constant 2015 US$), annual growth rate -1.31 % change on previous year (2022)
- GDP (current LCU), per capita 44,321 current LCU per person (2022)
- External balance on goods and services (current US$), annual growth 100.77 % change on previous year (2021)
Frequently asked questions
- What is gross fixed capital formation, private sector in United States Virgin Islands?
- Gross fixed capital formation, private sector in United States Virgin Islands was 9.6% in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in United States Virgin Islands?
- The highest recorded value was 24.2% in 2019.
- What is the lowest gross fixed capital formation, private sector recorded in United States Virgin Islands?
- The lowest recorded value was 7.1% in 2012.
- How does United States Virgin Islands rank for gross fixed capital formation, private sector?
- United States Virgin Islands ranks 92nd out of 106 countries with data for 2022.
- Is gross fixed capital formation, private sector rising or falling in United States Virgin Islands?
- Over the last ten years it is up 34.3%. The long-run trend across the full record is flat.
- 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 fixed capital formation, private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.