Trade openness — all countries

Trade openness — United States Virgin Islands

Trade openness in the United States Virgin Islands in 2022 — 205.63%. Ranked 9 in the world out of 183. Since 2002, the indicator has fallen by 77.54 pp.

2022 205.63% +25.33 pp vs 2021
World rank 9of 183
Period maximum 863.2%2008
Period minimum 84.77%2015

Trend over time

2002–2022 · % of GDP

Trade openness — United States Virgin Islands, 2002–202202505007501,000200220042006200820102012201420162018202020222002: 283.17%2003: 362.97%2004: 435.16%2005: 503.21%2006: 552.12%2007: 560.37%2008: 863.2%2009: 508.4%2010: 586.4%2011: 679.23%2012: 157.18%2013: 142.24%2014: 164.29%2015: 84.77%2016: 113.3%2017: 157.7%2018: 159.24%2019: 155.42%2020: 113.6%2021: 180.3%2022: 205.63%
Change over the period: −77.54 pp Annual average: -3.88 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 205.63%
World 62.15%
High-income countries computed 65.65%
Trade openness — United States Virgin Islands, by year United States Virgin Islands All countries CSV XLSX
Year % Change, pp
2022 205.63 +25.33 pp
2021 180.3 +66.7 pp
2020 113.6 −41.83 pp
2019 155.42 −3.82 pp
2018 159.24 +1.54 pp
2017 157.7 +44.4 pp
2016 113.3 +28.53 pp
2015 84.77 −79.53 pp
2014 164.29 +22.05 pp
2013 142.24 −14.94 pp
2012 157.18 −522.05 pp
2011 679.23 +92.83 pp
2010 586.4 +78 pp
2009 508.4 −354.79 pp
2008 863.2 +302.83 pp
2007 560.37 +8.25 pp
2006 552.12 +48.91 pp
2005 503.21 +68.05 pp
2004 435.16 +72.19 pp
2003 362.97 +79.8 pp
2002 283.17

Caribbean, 2022

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

About the indicator

The sum of exports and imports of goods and services as a percent of GDP — the standard indicator of the trade openness of an economy. Values above 100% are not an anomaly: they mean that trade turnover exceeds annual GDP, which is typical of trading hubs and of small economies built into supply chains.

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