Virgin Islands (US): Trade (% of GDP)

Key figures

What the numbers say

In 2022, Virgin Islands (US)'s trade (% of GDP) rose 25.33 percentage points on 2021 (from 180.3% to 205.63%).

Across the 19 yearly changes before that (2003 to 2021), the average change was −5.41 percentage points and a typical year strayed about 173.04 percentage points from that (the standard deviation). This year's change was 0.2 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 302.83 percentage points in 2008 and the biggest yearly fall was 522.05 percentage points 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 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.

Closest to Virgin Islands (US) in the 2022 ranking

• American Samoa — 2nd of 6: 124.68%
• Qatar — 3rd of 6: 100.21%
• Northern Mariana Islands — 4th of 6: 93.16%

What this measures

Trade is the sum of exports and imports of goods and services. 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.

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

All 21 values

Trade (% of GDP) in nearby economies

• Argentina — 30.36% (2025)
• Aruba — 164.14% (2024)
• Bahamas, The — 79.24% (2024)
• Belize — 108.97% (2024)
• Bolivia — 46.98% (2024)
• Brazil — 35.29% (2025)
• Chile — 64.98% (2025)
• Colombia — 35.37% (2025)
• Costa Rica — 71.49% (2025)
• Cuba — 124.86% (2024)
• Curaçao — 155.27% (2018)
• Dominican Republic — 51.49% (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

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Virgin Islands (US)'s trade (% of GDP)?

205.63% in 2022, according to the World Bank (World Development Indicators).

How has it changed since 2002?

It is down 77.54 percentage points from 283.17% in 2002. The highest value was 863.2% in 2008 and the lowest 84.77% in 2015.

Is the latest change in trade (% of GDP) unusual for Virgin Islands (US)?

In 2022, Virgin Islands (US)'s trade (% of GDP) rose 25.33 percentage points on 2021 (from 180.3% to 205.63%). Across the 19 yearly changes before that (2003 to 2021), the average change was −5.41 percentage points and a typical year strayed about 173.04 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Where does this data come from?

The World Bank's World Development Indicators, 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).

Source

World Bank, World Development Indicators, indicator NE.TRD.GNFS.ZS, 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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