Household consumption (% of GDP) — all countries

Household consumption (% of GDP) — United States Virgin Islands

Household consumption (% of GDP) in the United States Virgin Islands in 2022 — 68.9%. Ranked 66 in the world out of 178. Since 2002, the indicator has risen by 18.3 pp.

2022 68.9% +3.4 pp vs 2021
World rank 66of 178
Period maximum 70%2015
Period minimum 47.3%2005

Trend over time

2002–2022 · % of GDP

Household consumption (% of GDP) — United States Virgin Islands, 2002–202240506070200220042006200820102012201420162018202020222002: 50.6%2003: 50.5%2004: 49.3%2005: 47.3%2006: 50.8%2007: 47.7%2008: 54.5%2009: 56.4%2010: 56.2%2011: 59.8%2012: 61.8%2013: 67.3%2014: 69.9%2015: 70%2016: 68%2017: 67.9%2018: 67.7%2019: 69.2%2020: 65.5%2021: 65.5%2022: 68.9%
Change over the period: +18.3 pp Annual average: 0.92 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 68.9%
World 55.2%
High-income countries computed 58.2%
Household consumption (% of GDP) — United States Virgin Islands, by year United States Virgin Islands All countries CSV XLSX
Year % Change, pp
2022 68.9 +3.4 pp
2021 65.5 −0 pp
2020 65.5 −3.7 pp
2019 69.2 +1.5 pp
2018 67.7 −0.2 pp
2017 67.9 −0 pp
2016 68 −2 pp
2015 70 +0.1 pp
2014 69.9 +2.6 pp
2013 67.3 +5.5 pp
2012 61.8 +2.1 pp
2011 59.8 +3.6 pp
2010 56.2 −0.2 pp
2009 56.4 +1.9 pp
2008 54.5 +6.8 pp
2007 47.7 −3.2 pp
2006 50.8 +3.5 pp
2005 47.3 −2 pp
2004 49.3 −1.2 pp
2003 50.5 −0.1 pp
2002 50.6

Caribbean, 2022

The same indicator for neighboring countries — with links to their pages

About the indicator

Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.

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