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Virgin Islands (U.S.) — GDP

Also known as gross domestic product, nominal GDP, economy size, total output.

GDP (Nominal) for Virgin Islands (U.S.), 2002–2022.

Latest value · 2022
4.67 billion
GDP (Nominal) · current US$ · +43.2% since 2002
Free for any use — attribution is the link itself.

GDP for Virgin Islands (U.S.) was 4.67 billion in 2022, according to the latest World Bank data. The series covers 21 years, from 2002 to 2022. The highest recorded value was 4.78 billion in 2007. The lowest was 3.26 billion in 2002 (about 1.4× the low point). Across that span the compound annual growth rate works out to 1.81% per year.

Virgin Islands (U.S.) ranks 171 of 212 economies on this measure (1 = highest), putting it in the top 81%. The median for Latin America & Caribbean is 32.08 billion, so Virgin Islands (U.S.) sits below it. It peaked in 2007 and has fallen 2% since. Over the last decade (2012–2022) the figure moved up 14%. Within Latin America & Caribbean it ranks 28 of 40 economies; Suriname (4.52 billion) is just below it. Its sharpest one-year move was up 17% in 2005. That is 17% above this series' own ten-year average.

Data highlights

Doubling roughly every 39 years at that pace.

World ranking. Slipped: 143rd of 209 in 2002 → 164th of 212 in 2010 → 166th of 210 in 2020 → 168th of 209 in 2022.

Adjacent in the latest world ranking (171 of 212): Eswatini (#170) · Djibouti (#172).

Key figures

Latest (2022)
4.67 billion
First (2002)
3.26 billion
Change
+43.2%
Highest
4.78 billion
in 2007
Lowest
3.26 billion
in 2002
Average
4.06 billion
Annual growth (CAGR)
1.81%
Years of data
21

Recent published years. 2022 — 4,672,000,000 · 2021 — 4,507,000,000 · 2020 — 4,229,000,000 · 2019 — 4,121,000,000 · 2018 — 3,923,000,000.

Full history — 2002 to 2022

All 21 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Virgin Islands (U.S.) — GDP
Yearcurrent US$Change
20224,672,000,000+3.7%
20214,507,000,000+6.6%
20204,229,000,000+2.6%
20194,121,000,000+5.0%
20183,923,000,000+3.4%
20173,794,000,000-0.1%
20163,798,000,000+3.7%
20153,663,000,000+2.7%
20143,565,000,000-4.6%
20133,738,000,000-8.6%
20124,089,000,000-3.2%
20114,223,000,000-2.3%
20104,324,000,000+2.9%
20094,201,000,000-1.0%
20084,244,000,000-11.3%
20074,784,000,000+6.7%
20064,484,000,000+1.3%
20054,428,000,000+16.6%
20043,797,000,000+10.3%
20033,443,000,000+5.5%
20023,262,000,000—
Reading this correctly. Gross domestic product at current market prices, converted to US dollars at official exchange rates. This is the number usually meant by 'GDP'. Figures are in current US$. 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.

Frequently asked questions

What was Virgin Islands (U.S.)’s GDP in 2003?

3,443,000,000 (2003). The full year-by-year table above lists every published year, most recent first.

Are Virgin Islands (U.S.)’s GDP figures nominal or inflation-adjusted?

They are exactly as the World Bank publishes them — current US$ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.

Is Virgin Islands (U.S.)’s GDP growing or shrinking?

Between 2002 and 2022 the series was growing overall: +43.2% in total — about 1.8% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.CD. 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: 4,672,000,000; 2021: 4,507,000,000; 2020: 4,229,000,000; 2019: 4,121,000,000; 2018: 3,923,000,000. Earlier years are in the full-history table below.

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Source. World Bank Open Data, indicator NY.GDP.MKTP.CD — GDP (Nominal). 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.
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