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 204 countries on this measure, in the bottom quarter.
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
More economy & growth data for United States Virgin Islands
- External balance on goods and services -509.00 million current LCU (2022)
- GDP 3.90 billion constant 2015 US$ (2022)
- GDP 4.67 billion current LCU (2022)
- GDP 4.67 billion current US$ (2022)
- GDP deflator 117.12 base year varies by country (2022)
- Inflation, GDP deflator 5.0% (2022)
- Trade 205.6% (2022)
- External balance on goods and services -10.9% (2022)
- Imports of goods and services 5.06 billion current US$ (2022)
- Imports of goods and services 5.06 billion current LCU (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 204 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.