PPP conversion factor, GDP in United States Virgin Islands
United States Virgin Islands: PPP conversion factor, GDP was 0.8902 LCU per international $ in 2022. ▬ Flat
PPP conversion factor, GDP in United States Virgin Islands, 2002–2022
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
In 2022, ppp conversion factor, gdp in United States Virgin Islands stood at 0.8902 LCU per international $. That is the lowest value across all 21 years on record.
The figure is down 1.9% on the previous year and down 20.2% over ten years.
Over the whole period, ppp conversion factor, gdp in United States Virgin Islands peaked at 1.12 LCU per international $ in 2012 and was at its lowest, 0.8902 LCU per international $, in 2022.
United States Virgin Islands ranks 161st of 205 countries on this measure, in the bottom quarter.
PPP conversion factor, GDP in United States Virgin Islands, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 2002 | 0.9361 LCU per international $ | — |
| 2003 | 0.9728 LCU per international $ | +3.9% |
| 2004 | 1.01 LCU per international $ | +4.0% |
| 2005 | 1.11 LCU per international $ | +9.3% |
| 2006 | 1.05 LCU per international $ | -5.1% |
| 2007 | 1.05 LCU per international $ | -0.1% |
| 2008 | 0.9008 LCU per international $ | -14.0% |
| 2009 | 0.9487 LCU per international $ | +5.3% |
| 2010 | 0.9591 LCU per international $ | +1.1% |
| 2011 | 0.9998 LCU per international $ | +4.2% |
| 2012 | 1.12 LCU per international $ | +11.6% |
| 2013 | 1.07 LCU per international $ | -4.1% |
| 2014 | 1.02 LCU per international $ | -4.6% |
| 2015 | 1.04 LCU per international $ | +2.2% |
| 2016 | 1.06 LCU per international $ | +1.1% |
| 2017 | 1.04 LCU per international $ | -1.1% |
| 2018 | 0.9977 LCU per international $ | -4.4% |
| 2019 | 0.9653 LCU per international $ | -3.2% |
| 2020 | 0.953 LCU per international $ | -1.3% |
| 2021 | 0.9078 LCU per international $ | -4.7% |
| 2022 | 0.8902 LCU per international $ | -1.9% |
United States Virgin Islands compared with similar countries
- United States Virgin Islands's 0.8902 LCU per international $ is below the median for high income countries, which is 1 LCU per international $, 89% of the median. (75 countries reporting)
- United States Virgin Islands's 0.8902 LCU per international $ is below the median for Latin America & Caribbean, which is 1.86 LCU per international $, 48% of the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.9964 LCU per international $ | 0.9008 LCU per international $ | 1.11 LCU per international $ | 8 |
| 2010s | 1.03 LCU per international $ | 0.9591 LCU per international $ | 1.12 LCU per international $ | 10 |
| 2020s | 0.917 LCU per international $ | 0.8902 LCU per international $ | 0.953 LCU per international $ | 3 |
Countries ranked near United States Virgin Islands
- 158 Tunisia 0.916 LCU per international $ compare
- 159 Belarus 0.9088 LCU per international $ compare
- 160 Georgia 0.9035 LCU per international $ compare
- 162 Palau 0.8473 LCU per international $ compare
- 163 Luxembourg 0.8325 LCU per international $ compare
- 164 Singapore 0.7909 LCU per international $ compare
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 ppp conversion factor, gdp in United States Virgin Islands?
- Ppp conversion factor, gdp in United States Virgin Islands was 0.8902 LCU per international $ in 2022, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in United States Virgin Islands?
- The highest recorded value was 1.12 LCU per international $ in 2012.
- What is the lowest ppp conversion factor, gdp recorded in United States Virgin Islands?
- The lowest recorded value was 0.8902 LCU per international $ in 2022.
- How does United States Virgin Islands rank for ppp conversion factor, gdp?
- United States Virgin Islands ranks 161st out of 205 countries with data for 2022.
- Is ppp conversion factor, gdp rising or falling in United States Virgin Islands?
- Over the last ten years it is down 20.2%. The long-run trend across the full record is flat.
- Where does this United States Virgin Islands data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.