Inflation, GDP deflator in United States Virgin Islands
United States Virgin Islands: Inflation, GDP deflator was 5.0% in 2022. ◆ Volatile
Inflation, GDP deflator in United States Virgin Islands, 2003–2022
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual %.
Analysis
In 2022, inflation, gdp deflator in United States Virgin Islands stood at 5.0%.
That represents a change of up 79.7% on the previous year and down 63.1% over ten years.
Over the whole period, inflation, gdp deflator in United States Virgin Islands peaked at 13.7% in 2012 and was at its lowest, -12.4%, in 2008.
That places United States Virgin Islands 62nd out of 212 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, GDP deflator in United States Virgin Islands, year by year
| Year | annual % | Change |
|---|---|---|
| 2003 | 6.0% | — |
| 2004 | 6.8% | +13.5% |
| 2005 | 12.7% | +87.4% |
| 2006 | -2.2% | -117.1% |
| 2007 | 2.6% | -219.0% |
| 2008 | -12.4% | -579.5% |
| 2009 | 6.0% | -148.4% |
| 2010 | 2.3% | -61.2% |
| 2011 | 6.4% | +175.8% |
| 2012 | 13.7% | +113.7% |
| 2013 | -2.5% | -118.0% |
| 2014 | -2.9% | +18.4% |
| 2015 | 3.2% | -209.7% |
| 2016 | 2.1% | -35.6% |
| 2017 | 0.6% | -69.1% |
| 2018 | 1.5% | +135.4% |
| 2019 | 2.1% | +39.1% |
| 2020 | 4.3% | +107.1% |
| 2021 | 2.8% | -34.9% |
| 2022 | 5.0% | +79.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.8% | -12.4% | 12.7% | 7 |
| 2010s | 2.6% | -2.9% | 13.7% | 10 |
| 2020s | 4.0% | 2.8% | 5.0% | 3 |
Countries ranked near United States Virgin Islands
More economy & growth data for United States Virgin Islands
- DEC alternative conversion factor 1 LCU per US$ (2025)
- GDP per capita growth -0.9% (2022)
- GDP per capita 37,842 constant LCU (2022)
- Gross domestic savings -155.00 million current US$ (2022)
- Gross domestic savings -155.00 million current LCU (2022)
- Gross domestic savings -3.3% (2022)
- Gross domestic product (GDP) 3.90 billion constant 2015 US$ (2022)
- External balance on goods and services as a percent of GDP -10.9% (2022)
- GDP per capita 36,983 constant 2015 US$ (2022)
- GDP per capita 36,983 constant 2015 US$ (2022)
Frequently asked questions
- What is inflation, gdp deflator in United States Virgin Islands?
- Inflation, gdp deflator in United States Virgin Islands was 5.0% in 2022, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest inflation, gdp deflator recorded in United States Virgin Islands?
- The highest recorded value was 13.7% in 2012.
- What is the lowest inflation, gdp deflator recorded in United States Virgin Islands?
- The lowest recorded value was -12.4% in 2008.
- How does United States Virgin Islands rank for inflation, gdp deflator?
- United States Virgin Islands ranks 62nd out of 212 countries with data for 2022.
- Is inflation, gdp deflator rising or falling in United States Virgin Islands?
- Over the last ten years it is down 63.1%. 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 Inflation, GDP deflator (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.