GDP growth — all countries

GDP growth — United States Virgin Islands

GDP growth in the United States Virgin Islands in 2022 — -1.31%. Ranked 192 in the world out of 209. Since 2003, the indicator has fallen by 0.92 pp.

2022 -1.31% −4.98 pp vs 2021
World rank 192of 209
Period maximum 4.01%2007
Period minimum -14.81%2012

Trend over time

2003–2022 · % per year

GDP growth — United States Virgin Islands, 2003–2022-15-10-505200320052007200920112013201520172019202120222003: -0.4%2004: 3.29%2005: 3.49%2006: 3.5%2007: 4.01%2008: 1.22%2009: -6.59%2010: 0.6%2011: -8.2%2012: -14.81%2013: -6.29%2014: -1.77%2015: -0.43%2016: 1.6%2017: -0.74%2018: 1.88%2019: 2.91%2020: -1.61%2021: 3.67%2022: -1.31%
Change over the period: −0.92 pp Annual average: -0.05 pp

Comparison, 2022

How the value compares with the world and the groups this territory belongs to: United States Virgin Islands

United States Virgin Islands -1.31%
World 3.44%
Caribbean computed 4.43%
High-income countries computed 3.15%
GDP growth — United States Virgin Islands, by year United States Virgin Islands All countries CSV XLSX
Year % Change, pp
2022 -1.31 −4.98 pp
2021 3.67 +5.28 pp
2020 -1.61 −4.52 pp
2019 2.91 +1.03 pp
2018 1.88 +2.61 pp
2017 -0.74 −2.34 pp
2016 1.6 +2.03 pp
2015 -0.43 +1.35 pp
2014 -1.77 +4.51 pp
2013 -6.29 +8.53 pp
2012 -14.81 −6.61 pp
2011 -8.2 −8.8 pp
2010 0.6 +7.19 pp
2009 -6.59 −7.81 pp
2008 1.22 −2.79 pp
2007 4.01 +0.51 pp
2006 3.5 +0.02 pp
2005 3.49 +0.2 pp
2004 3.29 +3.68 pp
2003 -0.4

About the indicator

The annual growth rate of gross domestic product in constant local currency prices. Because the calculation runs in constant prices, the indicator is clear of inflation and of exchange rate swings, so it shows the real movement of the economy. Two consecutive quarters of negative values are conventionally called a technical recession, but the data here are annual.

Source: World Development Indicators (World Bank), license CC BY 4.0.