Gross National Income — Value Standard Local Currency in British Virgin Islands
British Virgin Islands: Gross National Income — Value Standard Local Currency was 1,374 million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in British Virgin Islands, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross national income — value standard local currency in British Virgin Islands is 1,374 million SLC, measured in 2023.
That represents a change of up 2.4% on the previous year and up 32.7% over ten years.
Over the whole period, gross national income — value standard local currency in British Virgin Islands peaked at 1,381 million SLC in 2019 and was at its lowest, 8.99 million SLC, in 1971.
That places British Virgin Islands 191st out of 202 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value Standard Local Currency in British Virgin Islands, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 10.41 million SLC | — |
| 1971 | 8.99 million SLC | -13.7% |
| 1972 | 9.39 million SLC | +4.4% |
| 1973 | 10.63 million SLC | +13.2% |
| 1974 | 12.7 million SLC | +19.6% |
| 1975 | 13.96 million SLC | +9.9% |
| 1976 | 15.21 million SLC | +9.0% |
| 1977 | 15.73 million SLC | +3.4% |
| 1978 | 18.27 million SLC | +16.2% |
| 1979 | 22.79 million SLC | +24.7% |
| 1980 | 28.45 million SLC | +24.8% |
| 1981 | 31.11 million SLC | +9.3% |
| 1982 | 36.62 million SLC | +17.7% |
| 1983 | 41.27 million SLC | +12.7% |
| 1984 | 45.33 million SLC | +9.8% |
| 1985 | 47.21 million SLC | +4.2% |
| 1986 | 51.38 million SLC | +8.8% |
| 1987 | 61.27 million SLC | +19.3% |
| 1988 | 68.89 million SLC | +12.4% |
| 1989 | 82.03 million SLC | +19.1% |
| 1990 | 107.48 million SLC | +31.0% |
| 1991 | 140.67 million SLC | +30.9% |
| 1992 | 180.25 million SLC | +28.1% |
| 1993 | 241.9 million SLC | +34.2% |
| 1994 | 315.54 million SLC | +30.4% |
| 1995 | 404.26 million SLC | +28.1% |
| 1996 | 460.22 million SLC | +13.8% |
| 1997 | 542.44 million SLC | +17.9% |
| 1998 | 631.52 million SLC | +16.4% |
| 1999 | 713.74 million SLC | +13.0% |
| 2000 | 794.82 million SLC | +11.4% |
| 2001 | 859.91 million SLC | +8.2% |
| 2002 | 830.22 million SLC | -3.5% |
| 2003 | 742.29 million SLC | -10.6% |
| 2004 | 778.83 million SLC | +4.9% |
| 2005 | 918.16 million SLC | +17.9% |
| 2006 | 1,017 million SLC | +10.7% |
| 2007 | 1,112 million SLC | +9.3% |
| 2008 | 1,106 million SLC | -0.5% |
| 2009 | 980.94 million SLC | -11.3% |
| 2010 | 1,021 million SLC | +4.1% |
| 2011 | 978.85 million SLC | -4.2% |
| 2012 | 1,015 million SLC | +3.7% |
| 2013 | 1,036 million SLC | +2.0% |
| 2014 | 1,098 million SLC | +6.0% |
| 2015 | 1,170 million SLC | +6.6% |
| 2016 | 1,282 million SLC | +9.6% |
| 2017 | 1,195 million SLC | -6.8% |
| 2018 | 1,266 million SLC | +6.0% |
| 2019 | 1,381 million SLC | +9.1% |
| 2020 | 1,304 million SLC | -5.6% |
| 2021 | 1,332 million SLC | +2.2% |
| 2022 | 1,343 million SLC | +0.8% |
| 2023 | 1,374 million SLC | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.81 million SLC | 8.99 million SLC | 22.79 million SLC | 10 |
| 1980s | 49.35 million SLC | 28.45 million SLC | 82.03 million SLC | 10 |
| 1990s | 373.8 million SLC | 107.48 million SLC | 713.74 million SLC | 10 |
| 2000s | 913.95 million SLC | 742.29 million SLC | 1,112 million SLC | 10 |
| 2010s | 1,144 million SLC | 978.85 million SLC | 1,381 million SLC | 10 |
| 2020s | 1,338 million SLC | 1,304 million SLC | 1,374 million SLC | 4 |
Countries ranked near British Virgin Islands
- 188 Saint Kitts and Nevis 2,783 million SLC compare
- 189 Dominica 1,762 million SLC compare
- 190 San Marino 1,630 million SLC compare
- 192 Turks and Caicos Islands 1,342 million SLC compare
- 193 Tonga 1,309 million SLC compare
- 194 Anguilla 1,029 million SLC compare
More economy & growth data for British Virgin Islands
- Foreign direct investment, net outflows 59.45 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows 53.60 billion BoP, current US$ (2024)
- Gross Fixed Capital Formation — Value US$ 374.56 million USD (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 23.93 % (2024)
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 95.85 USD (2024)
- Gross Fixed Capital Formation Deflator — Value Standard Local 95.85 SLC (2024)
- GDP Deflator — Value US$, 2015 prices 95.58 USD (2024)
- GDP Deflator — Value Standard Local Currency, 2015 prices 95.58 SLC (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 23.93 % (2024)
- Gross Domestic Product — Value US$ 1,565 million USD (2024)
Frequently asked questions
- What is gross national income — value standard local currency in British Virgin Islands?
- Gross national income — value standard local currency in British Virgin Islands was 1,374 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in British Virgin Islands?
- The highest recorded value was 1,381 million SLC in 2019.
- What is the lowest gross national income — value standard local currency recorded in British Virgin Islands?
- The lowest recorded value was 8.99 million SLC in 1971.
- How does British Virgin Islands rank for gross national income — value standard local currency?
- British Virgin Islands ranks 191st out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in British Virgin Islands?
- Over the last ten years it is up 32.7%. The long-run trend across the full record is volatile.
- Where does this British Virgin Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Value Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).