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Virgin Islands (U.S.) — GDP growth
GDP Growth (Annual %) for Virgin Islands (U.S.), 2003–2022.
Latest value · 2022
-1.31%
GDP Growth (Annual %) · annual % · -231.1% since 2003
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%.
Key figures
Latest (2022)
-1.31%
First (2003)
-0.40%
Change
-231.1%
Highest
4.01%
in 2007
Lowest
-14.81%
in 2012
Average
-0.80%
Annual growth (CAGR)
—
Years of data
20
Recent years
| Year | annual % |
|---|---|
| 2022 | -1.31% |
| 2021 | 3.67% |
| 2020 | -1.61% |
| 2019 | 2.91% |
| 2018 | 1.88% |
| 2017 | -0.74% |
| 2016 | 1.6% |
| 2015 | -0.43% |
| 2014 | -1.77% |
| 2013 | -6.29% |
| 2012 | -14.81% |
| 2011 | -8.2% |
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
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.