Virgin Islands (US)'s gross domestic savings (current US$) was −US$155 million in 2022, the latest year in the World Bank's World Development Indicators. That is down 128.97% from US$535 million in 2012.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$155 million | 2022 |
| Five years earlier | US$4 million | 2017 |
| Ten years earlier | US$535 million | 2012 |
| Highest | US$1.56 billion | 2005 |
| Lowest | −US$430 million | 2018 |
| Average since 2013 | −US$38.7 million | 2013–2022 |
| First recorded | US$823 million |
What the numbers say
In 2022, Virgin Islands (US)'s gross domestic savings (current US$) fell US$182 million on 2021 (from US$27 million to −US$155 million).
Across the 19 yearly changes before that (2003 to 2021), the average change was −US$41.89 million and a typical year strayed about US$254.79 million from that (the standard deviation). This year's change was 0.5 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 US$376 million in 2005 and the biggest yearly fall was US$614 million 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 there is no clear straight-line trend: a straight line explains 24% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
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.
| Value | Year | |
|---|---|---|
| Virgin Islands (US) | −US$155 million | 2022 |
| World | US$30.01 trillion | 2024 |
| Latin America & Caribbean | US$1.34 trillion | 2025 |
| High income | US$17.28 trillion | 2024 |
Closest to Virgin Islands (US) in the 2022 ranking
- Qatar — 1st of 3: US$159.4 billion
- Syrian Arab Republic — 3rd of 3: −US$4.02 billion
What this measures
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 21 values
| Year | Gross domestic savings (current US$) |
|---|---|
| 2022 | -155,000,000 |
| 2021 | 27,000,000 |
| 2020 | -10,000,000 |
| 2019 | -259,000,000 |
| 2018 | -430,000,000 |
| 2017 | 4,000,000 |
| 2016 | 168,000,000 |
| 2015 | 64,000,000 |
| 2014 | 24,000,000 |
| 2013 | 180,000,000 |
| 2012 |
Gross domestic savings (current US$) in nearby economies
- Argentina — US$103.08 billion (2025)
- Aruba — US$1.37 billion (2024)
- Bahamas, The — US$3.61 billion (2024)
- Belize — US$633.43 million (2024)
- Bolivia — US$7.6 billion (2024)
- Brazil — US$397.3 billion (2025)
- Chile — US$100.78 billion (2025)
- Colombia — US$51.77 billion (2025)
- Costa Rica — US$22.63 billion (2025)
- Cuba — US$11.3 billion (2020)
- Curaçao
More economic policy & debt data for Virgin Islands (US)
- Adjusted savings, education expenditure (% of GNI) — 9.36% (2021)
- Adjusted savings, mineral depletion (current US$) — 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$1.21 billion (2022)
- General government final consumption expenditure (constant LCU)
Reading data like this
Questions people ask
- What is Virgin Islands (US)'s gross domestic savings (current US$)?
- −US$155 million in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is down 118.83% from US$823 million in 2002. The highest value was US$1.56 billion in 2005 and the lowest −US$430 million in 2018.
- Is the latest change in gross domestic savings (current US$) unusual for Virgin Islands (US)?
- In 2022, Virgin Islands (US)'s gross domestic savings (current US$) fell US$182 million on 2021 (from US$27 million to −US$155 million). Across the 19 yearly changes before that (2003 to 2021), the average change was −US$41.89 million and a typical year strayed about US$254.79 million from that (the standard deviation). This year's change was 0.5 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.GDS.TOTL.CD, 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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