Virgin Islands (US): GDP (current LCU)

Key figures

What the numbers say

In 2022, Virgin Islands (US)'s GDP (current LCU) rose 3.7% on 2021 (from 4.51 billion to 4.67 billion).

Across the 19 yearly changes before that (2003 to 2021), the average change was +1.9% and a typical year strayed about 6.4% from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 16.6% in 2005 and the biggest yearly fall was 11.3% in 2008. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2013 to 2022 the straight-line trend is upward, about 114.72 million a year. A straight line explains 88% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

Closest to Virgin Islands (US) in the 2022 ranking

• Syrian Arab Republic — 1st of 5: 89.02 trillion
• Guam — 2nd of 5: 6.91 billion
• Northern Mariana Islands — 4th of 5: 1.1 billion
• American Samoa — 5th of 5: 871 million

What this measures

Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

All 21 values

GDP (current LCU) in nearby economies

• Antigua and Barbuda — 6.31 billion (2025)
• Argentina — 847.62 trillion (2025)
• Aruba — 7.46 billion (2024)
• Bahamas, The — 15.83 billion (2024)
• Barbados — 16.03 billion (2025)
• Belize — 6.65 billion (2025)
• Bolivia — 447.55 billion (2025)
• Brazil — 12.74 trillion (2025)
• Cayman Islands — 6.47 billion (2024)
• Chile — 339.98 trillion (2025)
• Colombia — 1,853.94 trillion (2025)
• Costa Rica — 51.81 trillion (2025)

More economic policy & debt data for Virgin Islands (US)

• Adjusted savings, education expenditure (% of GNI) — 9.36% (2021)
• Adjusted savings, mineral depletion (current US$) — US$0 (2021)
• Adjusted savings, carbon dioxide damage (current US$) — US$108.33 million (2021)
• Adjusted savings, energy depletion (current US$) — US$154,449 (2021)
• General government final consumption expenditure (current US$) — US$1.61 billion (2022)
• General government final consumption expenditure (current LCU) — 1.61 billion (2022)
• General government final consumption expenditure (constant 2015 US$) — US$1.21 billion (2022)
• General government final consumption expenditure (constant LCU)

Reading data like this

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Questions people ask

What is Virgin Islands (US)'s GDP (current LCU)?

4.67 billion in 2022, according to the World Bank (World Development Indicators).

How has it changed since 2002?

It is up 43.23% from 3.26 billion in 2002 (1.81% a year on average, compounded). The highest value was 4.78 billion in 2007 and the lowest 3.26 billion in 2002.

Is the latest change in GDP (current LCU) unusual for Virgin Islands (US)?

In 2022, Virgin Islands (US)'s GDP (current LCU) rose 3.7% on 2021 (from 4.51 billion to 4.67 billion). Across the 19 yearly changes before that (2003 to 2021), the average change was +1.9% and a typical year strayed about 6.4% from that (the standard deviation). This year's change was 0.3 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).

Source

World Bank, World Development Indicators, indicator NY.GDP.MKTP.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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