GDP, PPP in United States Virgin Islands
United States Virgin Islands: GDP, PPP was 4.90 billion constant 2021 international $ in 2022. ▼ Falling
GDP, PPP in United States Virgin Islands, 2002–2022
Source: International Comparison Program (ICP), World Bank (WB). Measured in constant 2021 international $.
Analysis
In 2022, gdp, ppp in United States Virgin Islands stood at 4.90 billion constant 2021 international $.
That represents a change of down 1.3% on the previous year and down 2.4% over ten years.
Over the whole period, gdp, ppp in United States Virgin Islands peaked at 6.84 billion constant 2021 international $ in 2008 and was at its lowest, 4.60 billion constant 2021 international $, in 2015.
That places United States Virgin Islands 174th out of 199 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.32 billion constant 2021 international $ | 5.87 billion constant 2021 international $ | 6.84 billion constant 2021 international $ | 8 |
| 2010s | 5.02 billion constant 2021 international $ | 4.60 billion constant 2021 international $ | 6.42 billion constant 2021 international $ | 10 |
| 2020s | 4.88 billion constant 2021 international $ | 4.79 billion constant 2021 international $ | 4.96 billion constant 2021 international $ | 3 |
Countries ranked near United States Virgin Islands
- 171 Cape Verde 5.48 billion constant 2021 international $ compare
- 172 Belize 5.41 billion constant 2021 international $ compare
- 173 Aruba 4.91 billion constant 2021 international $ compare
- 175 Curacao 4.49 billion constant 2021 international $ compare
- 176 Saint Lucia 4.41 billion constant 2021 international $ compare
- 177 Greenland 4.04 billion constant 2021 international $ compare
More economy & growth data for United States Virgin Islands
- Changes in inventories -95.00 million current LCU (2022)
- General government final consumption expenditure 1.61 billion 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)
- GDP per capita growth -0.9% (2022)
- GDP per capita 37,842 constant LCU (2022)
- Exports of goods and services 97.4% (2022)
Frequently asked questions
- What is gdp, ppp in United States Virgin Islands?
- Gdp, ppp in United States Virgin Islands was 4.90 billion constant 2021 international $ in 2022, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest gdp, ppp recorded in United States Virgin Islands?
- The highest recorded value was 6.84 billion constant 2021 international $ in 2008.
- What is the lowest gdp, ppp recorded in United States Virgin Islands?
- The lowest recorded value was 4.60 billion constant 2021 international $ in 2015.
- How does United States Virgin Islands rank for gdp, ppp?
- United States Virgin Islands ranks 174th out of 199 countries with data for 2022.
- Is gdp, ppp rising or falling in United States Virgin Islands?
- Over the last ten years it is down 2.4%. The long-run trend across the full record is falling.
- Where does this United States Virgin Islands data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of GDP, PPP (constant 2021 international $). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
This indicator provides values for gross domestic product (GDP) expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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 is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.