Virgin Islands (U.S.) — GDP growth
GDP Growth (Annual %) for Virgin Islands (U.S.), 2003–2022.
GDP growth for Virgin Islands (U.S.) was -1.31% in 2022, according to the latest World Bank data. The series covers 20 years, from 2003 to 2022. The highest recorded value was 4.01% in 2007. The lowest was -14.81% in 2012 (about 11.3× the latest value).
Virgin Islands (U.S.) ranks 203 of 212 economies on this measure (1 = highest), putting it in the top 96%. The median for Latin America & Caribbean is 3.38%, so Virgin Islands (U.S.) sits below it. It peaked in 2007 and has fallen 133% since. Over the last decade (2012–2022) the figure moved up 91%. Within Latin America & Caribbean it ranks 38 of 40 economies; Bolivia (-1.58%) is just below it. Its sharpest one-year move was down 1476% in 2011. That is 15% above this series' own ten-year average.
Data highlights
World ranking. Slipped: 181st of 204 in 2003 → 175th of 209 in 2010 → 59th of 209 in 2020 → 192nd of 209 in 2022.
Key figures
Full history — 2003 to 2022
| Year | annual % | Change |
|---|---|---|
| 2022 | -1.31% | -5.0 pp |
| 2021 | 3.67% | +5.3 pp |
| 2020 | -1.61% | -4.5 pp |
| 2019 | 2.91% | +1.0 pp |
| 2018 | 1.88% | +2.6 pp |
| 2017 | -0.74% | -2.3 pp |
| 2016 | 1.6% | +2.0 pp |
| 2015 | -0.43% | +1.3 pp |
| 2014 | -1.77% | +4.5 pp |
| 2013 | -6.29% | +8.5 pp |
| 2012 | -14.81% | -6.6 pp |
| 2011 | -8.2% | -8.8 pp |
| 2010 | 0.6% | +7.2 pp |
| 2009 | -6.59% | -7.8 pp |
| 2008 | 1.22% | -2.8 pp |
| 2007 | 4.01% | +0.5 pp |
| 2006 | 3.5% | +0.0 pp |
| 2005 | 3.49% | +0.2 pp |
| 2004 | 3.29% | +3.7 pp |
| 2003 | -0.4% | — |
Frequently asked questions
What was Virgin Islands (U.S.)’s GDP growth in 2004?
3.29% (2004). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Virgin Islands (U.S.)’s GDP growth growing or shrinking?
Between 2003 and 2022 the series was shrinking overall: -231.1% in total.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.KD.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2022: -1.31%; 2021: 3.67%; 2020: -1.61%; 2019: 2.91%; 2018: 1.88%. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.