Virgin Islands (US)'s imports of goods and services (constant LCU) was 3.36 billion in 2022, the latest year in the World Bank's World Development Indicators. That is up 6.57% from 3.15 billion in 2012 (0.64% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 3.36 billion | 2022 |
| Five years earlier | 4.05 billion | 2017 |
| Ten years earlier | 3.15 billion | 2012 |
| Highest | 20.5 billion | 2005 |
| Lowest | 1.9 billion | 2015 |
| Average since 2013 | 3.43 billion | 2013–2022 |
| First recorded | 16.07 billion |
What the numbers say
In 2022, Virgin Islands (US)'s imports of goods and services (constant LCU) fell 9.4% on 2021 (from 3.71 billion to 3.36 billion).
Across the 19 yearly changes before that (2003 to 2021), the average change was −2% and a typical year strayed about 27.8% from that (the standard deviation). This year's change was 0.3 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 67.7% in 2016 and the biggest yearly fall was 78% 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 there is no clear straight-line trend: a straight line explains 30% 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.
Closest to Virgin Islands (US) in the 2022 ranking
- Syrian Arab Republic — 1st of 5: 324.93 billion
- Guam — 2nd of 5: 3.76 billion
- Northern Mariana Islands — 4th of 5: 715 million
- American Samoa — 5th of 5: 619 million
What this measures
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. 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
| Year | Imports of goods and services (constant LCU) |
|---|---|
| 2022 | 3,356,000,000 |
| 2021 | 3,705,000,000 |
| 2020 | 3,751,000,000 |
| 2019 | 4,223,000,000 |
| 2018 | 4,185,000,000 |
| 2017 | 4,054,000,000 |
| 2016 | 3,192,000,000 |
| 2015 | 1,903,000,000 |
| 2014 | 3,134,000,000 |
| 2013 | 2,830,000,000 |
Imports of goods and services (constant LCU) in nearby economies
- Argentina — 224.51 billion (2025)
- Bahamas, The — 5.09 billion (2024)
- Belize — 3.03 billion (2024)
- Bolivia — 72.6 billion (2024)
- Brazil — 593.22 billion (2025)
- Chile — 64.85 trillion (2025)
- Colombia — 250.62 trillion (2025)
- Costa Rica — 21.06 trillion (2025)
- Cuba — 7.23 billion (2024)
- Dominican Republic — 1.55 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
Questions people ask
- What is Virgin Islands (US)'s imports of goods and services (constant LCU)?
- 3.36 billion in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is down 79.12% from 16.07 billion in 2002 (7.53% a year on average, compounded). The highest value was 20.5 billion in 2005 and the lowest 1.9 billion in 2015.
- Is the latest change in imports of goods and services (constant LCU) unusual for Virgin Islands (US)?
- In 2022, Virgin Islands (US)'s imports of goods and services (constant LCU) fell 9.4% on 2021 (from 3.71 billion to 3.36 billion). Across the 19 yearly changes before that (2003 to 2021), the average change was −2% and a typical year strayed about 27.8% from that (the standard deviation). This year's change was 0.3 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.IMP.GNFS.KN, 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.
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