Virgin Islands (US): GDP, PPP (constant 2021 international $)

Key figures

What the numbers say

In 2022, Virgin Islands (US)'s GDP, PPP (constant 2021 international $) fell 1.3% on 2021 (from 4.96 billion to 4.9 billion).

Across the 19 yearly changes before that (2003 to 2021), the average change was −0.8% and a typical year strayed about 5% from that (the standard deviation). This year's change was 0.1 standard deviations below 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 4% in 2007 and the biggest yearly fall was 14.8% in 2012. 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 34.61 million a year. A straight line explains 70% 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.

How it compares

See how every economy compares in the full ranking.

Closest to Virgin Islands (US) in the 2022 ranking

• Syrian Arab Republic — 1st of 2: 102.86 billion

What this measures

This indicator provides values for gross domestic product (GDP) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 21 values

GDP, PPP (constant 2021 international $) in nearby economies

• Antigua and Barbuda — 2.88 billion (2025)
• Argentina — 1.28 trillion (2025)
• Aruba — 4.91 billion (2024)
• Bahamas, The — 14.54 billion (2024)
• Barbados — 6.25 billion (2025)
• Belize — 5.41 billion (2025)
• Bolivia — 138.41 billion (2025)
• Brazil — 4.26 trillion (2025)
• Cayman Islands — 6.03 billion (2024)
• Chile — 612.95 billion (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, PPP (constant 2021 international $)?

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

How has it changed since 2002?

It is down 16.84% from 5.89 billion in 2002 (0.92% a year on average, compounded). The highest value was 6.84 billion in 2008 and the lowest 4.6 billion in 2015.

Is the latest change in GDP, PPP (constant 2021 international $) unusual for Virgin Islands (US)?

In 2022, Virgin Islands (US)'s GDP, PPP (constant 2021 international $) fell 1.3% on 2021 (from 4.96 billion to 4.9 billion). Across the 19 yearly changes before that (2003 to 2021), the average change was −0.8% and a typical year strayed about 5% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NY.GDP.MKTP.PP.KD, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Progr… 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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