Households and NPISHs final consumption expenditure in United States Virgin Islands
United States Virgin Islands: Households and NPISHs final consumption expenditure was 68.9% in 2022. ▲ Rising
Households and NPISHs final consumption expenditure 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 households and npishs final consumption expenditure in United States Virgin Islands is 68.9%, measured in 2022.
The figure is up 5.3% on the previous year and up 11.5% over ten years.
Over the whole period, households and npishs final consumption expenditure in United States Virgin Islands peaked at 70.0% in 2015 and was at its lowest, 47.3%, in 2005.
That places United States Virgin Islands 71st out of 190 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Households and NPISHs final consumption expenditure in United States Virgin Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 50.6% | — |
| 2003 | 50.5% | -0.3% |
| 2004 | 49.3% | -2.3% |
| 2005 | 47.3% | -4.0% |
| 2006 | 50.8% | +7.4% |
| 2007 | 47.7% | -6.3% |
| 2008 | 54.5% | +14.3% |
| 2009 | 56.4% | +3.5% |
| 2010 | 56.2% | -0.4% |
| 2011 | 59.8% | +6.4% |
| 2012 | 61.8% | +3.4% |
| 2013 | 67.3% | +8.8% |
| 2014 | 69.9% | +3.9% |
| 2015 | 70.0% | +0.1% |
| 2016 | 68.0% | -2.9% |
| 2017 | 67.9% | -0.0% |
| 2018 | 67.7% | -0.3% |
| 2019 | 69.2% | +2.2% |
| 2020 | 65.5% | -5.4% |
| 2021 | 65.5% | -0.0% |
| 2022 | 68.9% | +5.3% |
United States Virgin Islands compared with similar countries
- United States Virgin Islands's 68.9% is above the median for high income countries, which is 52.9%, 1.3× the median. (70 countries reporting)
- United States Virgin Islands's 68.9% is above the median for Latin America & Caribbean, which is 68.4%, 1.0× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 50.9% | 47.3% | 56.4% | 8 |
| 2010s | 65.8% | 56.2% | 70.0% | 10 |
| 2020s | 66.6% | 65.5% | 68.9% | 3 |
Countries ranked near United States Virgin Islands
More economy & growth data for United States Virgin Islands
- General government final consumption expenditure (current US$) 5.1 % change on previous year (2022)
- Exports of goods and services (current US$), per capita 43,154 current US$ per person (2022)
- Final consumption expenditure (current LCU), per capita 45,791 current LCU per person (2022)
- Final consumption expenditure (constant 2015 US$), annual growth rate -2.17 % change on previous year (2022)
- GDP per capita 36,983 constant 2015 US$ (2022)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.8027 constant 2015 US$ per US$ of GDP (2022)
- Final consumption expenditure (constant 2015 US$), per capita 35,578 constant 2015 US$ per person (2022)
- Exports of goods and services (current US$), annual growth rate 11.8 % change on previous year (2022)
- Exports of goods and services (current US$), per unit of GDP 0.9737 current US$ per US$ of GDP (2022)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.5724 constant 2015 US$ per US$ of GDP (2022)
Frequently asked questions
- What is households and npishs final consumption expenditure in United States Virgin Islands?
- Households and npishs final consumption expenditure in United States Virgin Islands was 68.9% in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest households and npishs final consumption expenditure recorded in United States Virgin Islands?
- The highest recorded value was 70.0% in 2015.
- What is the lowest households and npishs final consumption expenditure recorded in United States Virgin Islands?
- The lowest recorded value was 47.3% in 2005.
- How does United States Virgin Islands rank for households and npishs final consumption expenditure?
- United States Virgin Islands ranks 71st out of 190 countries with data for 2022.
- Is households and npishs final consumption expenditure rising or falling in United States Virgin Islands?
- Over the last ten years it is up 11.5%. The long-run trend across the full record is rising.
- 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 Households and NPISHs final consumption expenditure (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. 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.