Imports of goods and services in United States Virgin Islands
United States Virgin Islands: Imports of goods and services was 108.3% in 2022. ◆ Volatile
Imports of goods and services in United States Virgin Islands, 2002–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2022, imports of goods and services in United States Virgin Islands stood at 108.3%.
The figure is up 20.3% on the previous year and up 40.6% over ten years.
Over the whole period, imports of goods and services in United States Virgin Islands peaked at 429.4% in 2008 and was at its lowest, 43.1%, in 2015.
United States Virgin Islands ranks 6th of 193 countries on this measure, in the top 10%.
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 | % of GDP | Change |
|---|---|---|
| 2002 | 135.7% | — |
| 2003 | 173.6% | +27.9% |
| 2004 | 208.6% | +20.1% |
| 2005 | 240.5% | +15.3% |
| 2006 | 268.2% | +11.5% |
| 2007 | 264.8% | -1.3% |
| 2008 | 429.4% | +62.2% |
| 2009 | 253.3% | -41.0% |
| 2010 | 287.0% | +13.3% |
| 2011 | 338.9% | +18.1% |
| 2012 | 77.0% | -77.3% |
| 2013 | 74.7% | -3.0% |
| 2014 | 85.9% | +15.0% |
| 2015 | 43.1% | -49.8% |
| 2016 | 66.3% | +53.6% |
| 2017 | 94.4% | +42.4% |
| 2018 | 106.1% | +12.5% |
| 2019 | 100.5% | -5.3% |
| 2020 | 75.3% | -25.1% |
| 2021 | 90.0% | +19.6% |
| 2022 | 108.3% | +20.3% |
United States Virgin Islands compared with similar countries
- United States Virgin Islands's 108.3% is above the median for high income countries, which is 51.2%, 2.1× the median. (72 countries reporting)
- United States Virgin Islands's 108.3% is above the median for Latin America & Caribbean, which is 39.3%, 2.8× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 246.8% | 135.7% | 429.4% | 8 |
| 2010s | 127.4% | 43.1% | 338.9% | 10 |
| 2020s | 91.2% | 75.3% | 108.3% | 3 |
Countries ranked near United States Virgin Islands
More economy & growth data for United States Virgin Islands
- GDP (current US$), per capita 44,321 current US$ per person (2022)
- External balance on goods and services (current US$), annual growth 100.77 % change on previous year (2021)
- External balance on goods and services (current LCU), annual growth 100.77 % change on previous year (2021)
- GDP deflator (base year varies by country), annual growth rate 5.04 % change on previous year (2022)
- GDP (current US$), annual growth rate 3.66 % change on previous year (2022)
- GDP (current LCU), per unit of GDP 1 current LCU per US$ of GDP (2022)
- GDP (constant 2015 US$), annual growth rate -1.31 % change on previous year (2022)
- GDP (current LCU), per capita 44,321 current LCU per person (2022)
- Imports of goods and services (constant 2015 US$), per capita 26,433 constant 2015 US$ per person (2022)
- GDP (current LCU), annual growth rate 3.66 % change on previous year (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 108.3% 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 429.4% in 2008.
- What is the lowest imports of goods and services recorded in United States Virgin Islands?
- The lowest recorded value was 43.1% in 2015.
- How does United States Virgin Islands rank for imports of goods and services?
- United States Virgin Islands ranks 6th out of 193 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 40.6%. 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 (% of GDP). 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 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.