Virgin Islands (US): General government final consumption expenditure (% of GDP)

Key figures

What the numbers say

In 2022, Virgin Islands (US)'s general government final consumption expenditure (% of GDP) rose 0.47 percentage points on 2021 (from 33.9% to 34.38%).

Across the 19 yearly changes before that (2003 to 2021), the average change was +0.51 percentage points and a typical year strayed about 3.69 percentage points from that (the standard deviation). This year's change was 0.0 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 11.29 percentage points in 2018 and the biggest yearly fall was 6.18 percentage points in 2019. 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 0.98 percentage points a year. A straight line explains 36% 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

• Qatar — 2nd of 3: 12.88%
• Syrian Arab Republic — 3rd of 3: 2.71%

What this measures

Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Limitations: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 21 values

General government final consumption expenditure (% of GDP) in nearby economies

• Argentina — 14.93% (2025)
• Aruba — 17.91% (2024)
• Bahamas, The — 12.91% (2024)
• Belize — 15.94% (2024)
• Bolivia — 16.53% (2024)
• Brazil — 19.13% (2025)
• Chile — 15.06% (2025)
• Colombia — 15.49% (2025)
• Costa Rica — 14.01% (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

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Virgin Islands (US)'s general government final consumption expenditure (% of GDP)?

34.38% in 2022, according to the World Bank (World Development Indicators).

How has it changed since 2002?

It is up 10.22 percentage points from 24.16% in 2002. The highest value was 43.23% in 2018 and the lowest 17.55% in 2005.

Is the latest change in general government final consumption expenditure (% of GDP) unusual for Virgin Islands (US)?

In 2022, Virgin Islands (US)'s general government final consumption expenditure (% of GDP) rose 0.47 percentage points on 2021 (from 33.9% to 34.38%). Across the 19 yearly changes before that (2003 to 2021), the average change was +0.51 percentage points and a typical year strayed about 3.69 percentage points from that (the standard deviation). This year's change was 0.0 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 NE.CON.GOVT.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.