Virgin Islands (US): Gross domestic income (constant LCU)

Key figures

What the numbers say

In 2022, Virgin Islands (US)'s gross domestic income (constant LCU) rose 2.9% on 2021 (from 3.29 billion to 3.39 billion).

Across the 19 yearly changes before that (2003 to 2021), the average change was −1.7% and a typical year strayed about 7.6% from that (the standard deviation). This year's change was 0.6 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 8.7% in 2005 and the biggest yearly fall was 23.1% 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 downward, about 20.05 million a year. A straight line explains 32% 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: 674.12 billion
• Guam — 2nd of 5: 5.42 billion
• Northern Mariana Islands — 4th of 5: 842.53 million
• American Samoa — 5th of 5: 648.96 million

What this measures

Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. 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 varies by country. This series is expressed in local currency units.

All 21 values

Gross domestic income (constant LCU) in nearby economies

• Argentina — 798.69 billion (2025)
• Bahamas, The — 13.81 billion (2024)
• Belize — 5.32 billion (2024)
• Bolivia — 337.14 billion (2024)
• Brazil — 4.68 trillion (2025)
• Chile — 231.07 trillion (2025)
• Colombia — 1,065.08 trillion (2025)
• Costa Rica — 53.77 trillion (2025)
• Cuba — 47.54 billion (2024)
• Dominican Republic — 5.41 trillion (2025)
• Ecuador

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 gross domestic income (constant LCU)?

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

How has it changed since 2002?

It is down 29.3% from 4.79 billion in 2002 (1.72% a year on average, compounded). The highest value was 5.64 billion in 2005 and the lowest 3.29 billion in 2021.

Is the latest change in gross domestic income (constant LCU) unusual for Virgin Islands (US)?

In 2022, Virgin Islands (US)'s gross domestic income (constant LCU) rose 2.9% on 2021 (from 3.29 billion to 3.39 billion). Across the 19 yearly changes before that (2003 to 2021), the average change was −1.7% and a typical year strayed about 7.6% from that (the standard deviation). This year's change was 0.6 standard deviations above 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.GDY.TOTL.KN, 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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