Imports of goods and services in United States Virgin Islands
United States Virgin Islands: Imports of goods and services was -9.4% in 2022. ◆ Volatile
Imports of goods and services in United States Virgin Islands, 2003–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for imports of goods and services in United States Virgin Islands is -9.4%, measured in 2022.
The figure is down 668.1% on the previous year and up 87.9% over ten years.
Over the whole period, imports of goods and services in United States Virgin Islands peaked at 67.7% in 2016 and was at its lowest, -78.0%, in 2012.
United States Virgin Islands ranks 169th of 178 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in United States Virgin Islands, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2003 | 16.9% | — |
| 2004 | 7.4% | -56.2% |
| 2005 | 1.5% | -79.2% |
| 2006 | -5.4% | -453.4% |
| 2007 | -5.8% | +7.0% |
| 2008 | 5.4% | -192.8% |
| 2009 | -7.1% | -231.3% |
| 2010 | -7.8% | +9.5% |
| 2011 | -13.1% | +67.8% |
| 2012 | -78.0% | +497.9% |
| 2013 | -10.1% | -87.0% |
| 2014 | 10.7% | -206.0% |
| 2015 | -39.3% | -465.7% |
| 2016 | 67.7% | -272.4% |
| 2017 | 27.0% | -60.1% |
| 2018 | 3.2% | -88.0% |
| 2019 | 0.9% | -71.9% |
| 2020 | -11.2% | -1330.9% |
| 2021 | -1.2% | -89.0% |
| 2022 | -9.4% | +668.1% |
United States Virgin Islands compared with similar countries
- United States Virgin Islands's -9.4% is below the median for high income countries, which is 3.7%. (63 countries reporting)
- United States Virgin Islands's -9.4% is below the median for Latin America & Caribbean, which is 4.7%. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | -7.1% | 16.9% | 7 |
| 2010s | -3.9% | -78.0% | 67.7% | 10 |
| 2020s | -7.3% | -11.2% | -1.2% | 3 |
Countries ranked near United States Virgin Islands
- 166 Syrian Arab Republic -7.6% compare
- 167 Qatar -8.9% compare
- 168 Rwanda -9.0% compare
- 170 San Marino -10.1% compare
- 171 Bolivia, Plurinational State of -10.4% compare
- 172 American Samoa -12.6% compare
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 imports of goods and services in United States Virgin Islands?
- Imports of goods and services in United States Virgin Islands was -9.4% in 2022, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest imports of goods and services recorded in United States Virgin Islands?
- The highest recorded value was 67.7% in 2016.
- What is the lowest imports of goods and services recorded in United States Virgin Islands?
- The lowest recorded value was -78.0% in 2012.
- How does United States Virgin Islands rank for imports of goods and services?
- United States Virgin Islands ranks 169th out of 178 countries with data for 2022.
- Is imports of goods and services rising or falling in United States Virgin Islands?
- Over the last ten years it is up 87.9%. 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 Offices (NSOs), published as part of Imports of goods and services (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.