Share of household consumption in GDP vs. GDP per capita in British Virgin Islands
British Virgin Islands: Share of household consumption in GDP vs. GDP per capita was 34.3% in 2023. ▼ Falling
Latest (2023)
34.3%
Change on year
up 1.7%
World rank
176th
of 184 countries
All-time high
86.0%
in 1971
All-time low
29.6%
in 2003
Years of data
54
1970–2023
Share of household consumption in GDP vs. GDP per capita in British Virgin Islands, 1970–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
British Virgin Islands recorded 34.3% for share of household consumption in gdp vs. gdp per capita in 2023.
Compared with earlier readings it is up 1.7% on the previous year and down 11.8% over ten years.
Over the whole period, share of household consumption in gdp vs. gdp per capita in British Virgin Islands peaked at 86.0% in 1971 and was at its lowest, 29.6%, in 2003.
British Virgin Islands ranks 176th of 184 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Share of household consumption in GDP vs. GDP per capita in British Virgin Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 81.4% | — |
| 1971 | 86.0% | +5.7% |
| 1972 | 63.0% | -26.7% |
| 1973 | 74.3% | +17.9% |
| 1974 | 82.9% | +11.6% |
| 1975 | 81.0% | -2.3% |
| 1976 | 69.4% | -14.3% |
| 1977 | 53.2% | -23.3% |
| 1978 | 52.2% | -2.1% |
| 1979 | 53.9% | +3.3% |
| 1980 | 53.8% | -0.1% |
| 1981 | 53.9% | +0.2% |
| 1982 | 56.2% | +4.3% |
| 1983 | 53.0% | -5.8% |
| 1984 | 52.0% | -1.9% |
| 1985 | 54.3% | +4.5% |
| 1986 | 55.3% | +1.9% |
| 1987 | 55.3% | -0.1% |
| 1988 | 69.2% | +25.1% |
| 1989 | 49.6% | -28.3% |
| 1990 | 58.1% | +17.2% |
| 1991 | 52.1% | -10.4% |
| 1992 | 46.5% | -10.7% |
| 1993 | 53.8% | +15.5% |
| 1994 | 40.0% | -25.7% |
| 1995 | 52.1% | +30.5% |
| 1996 | 51.6% | -1.1% |
| 1997 | 40.2% | -22.1% |
| 1998 | 48.7% | +21.2% |
| 1999 | 50.8% | +4.2% |
| 2000 | 35.6% | -29.8% |
| 2001 | 31.5% | -11.7% |
| 2002 | 30.1% | -4.5% |
| 2003 | 29.6% | -1.4% |
| 2004 | 39.8% | +34.3% |
| 2005 | 41.2% | +3.5% |
| 2006 | 34.8% | -15.4% |
| 2007 | 40.3% | +15.7% |
| 2008 | 43.5% | +7.8% |
| 2009 | 39.8% | -8.3% |
| 2010 | 47.8% | +19.9% |
| 2011 | 36.5% | -23.5% |
| 2012 | 49.3% | +34.9% |
| 2013 | 38.9% | -21.1% |
| 2014 | 37.1% | -4.6% |
| 2015 | 38.2% | +3.0% |
| 2016 | 39.7% | +3.8% |
| 2017 | 37.5% | -5.5% |
| 2018 | 36.4% | -3.0% |
| 2019 | 36.2% | -0.6% |
| 2020 | 36.0% | -0.5% |
| 2021 | 34.8% | -3.4% |
| 2022 | 33.7% | -3.0% |
| 2023 | 34.3% | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 69.7% | 52.2% | 86.0% | 10 |
| 1980s | 55.3% | 49.6% | 69.2% | 10 |
| 1990s | 49.4% | 40.0% | 58.1% | 10 |
| 2000s | 36.6% | 29.6% | 43.5% | 10 |
| 2010s | 39.8% | 36.2% | 49.3% | 10 |
| 2020s | 34.7% | 33.7% | 36.0% | 4 |
Countries ranked near British Virgin Islands
More economy & growth data for British Virgin Islands
- Foreign direct investment, net outflows (BoP, current US$), gaps 59.45 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows 59.45 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1.36 million BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 34.37 % change on previous year (2024)
- Foreign direct investment, net inflows 53.60 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 53.60 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.51 million BoP, current US$ per person (2024)
- Gross Domestic Product — Annual growth Standard Local Currency, 2015 3.72 % (2024)
- Gross Domestic Product — Annual growth US$ 3.95 % (2024)
- Gross Domestic Product — Annual growth Standard Local Currency 3.95 % (2024)
Frequently asked questions
- What is share of household consumption in gdp vs. gdp per capita in British Virgin Islands?
- Share of household consumption in gdp vs. gdp per capita in British Virgin Islands was 34.3% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest share of household consumption in gdp vs. gdp per capita recorded in British Virgin Islands?
- The highest recorded value was 86.0% in 1971.
- What is the lowest share of household consumption in gdp vs. gdp per capita recorded in British Virgin Islands?
- The lowest recorded value was 29.6% in 2003.
- How does British Virgin Islands rank for share of household consumption in gdp vs. gdp per capita?
- British Virgin Islands ranks 176th out of 184 countries with data for 2023.
- Is share of household consumption in gdp vs. gdp per capita rising or falling in British Virgin Islands?
- Over the last ten years it is down 11.8%. The long-run trend across the full record is falling.
- Where does this British Virgin Islands data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of household consumption in GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
Download this data
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About this data
Household consumption divided by gross domestic product, expressed as a percentage.