External balance on goods and services in United States Virgin Islands
United States Virgin Islands: External balance on goods and services was -509.00 million current LCU in 2022. ◆ Volatile
External balance on goods and services in United States Virgin Islands, 2002–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2022, external balance on goods and services in United States Virgin Islands stood at -509.00 million current LCU.
That represents a change of down 4,341.7% on the previous year and down 494.6% over ten years.
Over the whole period, external balance on goods and services in United States Virgin Islands peaked at 1.47 billion current LCU in 2007 and was at its lowest, -2.08 billion current LCU, in 2018.
That places United States Virgin Islands 87th out of 192 countries with data for 2022, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 629.25 million current LCU | 76.00 million current LCU | 1.47 billion current LCU | 8 |
| 2010s | -573.20 million current LCU | -2.08 billion current LCU | 534.00 million current LCU | 10 |
| 2020s | -687.00 million current LCU | -1.56 billion current LCU | 12.00 million current LCU | 3 |
Countries ranked near United States Virgin Islands
- 84 American Samoa -268.00 million current LCU compare
- 85 Antigua and Barbuda -416.08 million current LCU compare
- 86 Kiribati -484.01 million current LCU compare
- 88 Northern Mariana Islands -533.00 million current LCU compare
- 89 Samoa -551.78 million current LCU compare
- 90 Bahamas -581.90 million current LCU compare
More economy & growth data for United States Virgin Islands
- Changes in inventories -95.00 million current US$ (2022)
- Imports of goods and services -9.4% (2022)
- Imports of goods and services 2.79 billion constant 2015 US$ (2022)
- Imports of goods and services 5.06 billion current LCU (2022)
- Imports of goods and services 5.06 billion current US$ (2022)
- GDP per capita 44,321 current LCU (2022)
- Changes in inventories -95.00 million current LCU (2022)
- Exports of goods and services 97.4% (2022)
- Exports of goods and services -19.0% (2022)
- GDP per capita 37,842 constant LCU (2022)
Frequently asked questions
- What is external balance on goods and services in United States Virgin Islands?
- External balance on goods and services in United States Virgin Islands was -509.00 million current LCU in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in United States Virgin Islands?
- The highest recorded value was 1.47 billion current LCU in 2007.
- What is the lowest external balance on goods and services recorded in United States Virgin Islands?
- The lowest recorded value was -2.08 billion current LCU in 2018.
- How does United States Virgin Islands rank for external balance on goods and services?
- United States Virgin Islands ranks 87th out of 192 countries with data for 2022.
- Is external balance on goods and services rising or falling in United States Virgin Islands?
- Over the last ten years it is down 494.6%. The long-run trend across the full record is volatile.
- Where does this United States Virgin Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.