General government final consumption expenditure in United States Virgin Islands
United States Virgin Islands: General government final consumption expenditure was 1.61 billion current LCU in 2022. ▲ Rising
General government final consumption expenditure in United States Virgin Islands, 2002–2022
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for general government final consumption expenditure in United States Virgin Islands is 1.61 billion current LCU, measured in 2022.
Compared with earlier readings it is up 5.1% on the previous year and up 56.5% over ten years.
Over the whole period, general government final consumption expenditure in United States Virgin Islands peaked at 1.70 billion current LCU in 2018 and was at its lowest, 737.00 million current LCU, in 2003.
United States Virgin Islands ranks 171st of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 887.38 million current LCU | 737.00 million current LCU | 1.11 billion current LCU | 8 |
| 2010s | 1.20 billion current LCU | 1.03 billion current LCU | 1.70 billion current LCU | 10 |
| 2020s | 1.53 billion current LCU | 1.47 billion current LCU | 1.61 billion current LCU | 3 |
Countries ranked near United States Virgin Islands
- 168 Sao Tome and Principe 2.19 billion current LCU compare
- 169 Bahamas 2.04 billion current LCU compare
- 170 Papua New Guinea 1.94 billion current LCU compare
- 172 Suriname 1.60 billion current LCU compare
- 174 Montenegro 1.42 billion current LCU compare
More economy & growth data for United States Virgin Islands
- Imports of goods and services 108.3% (2022)
- GDP deflator 117.12 base year varies by country (2022)
- Inflation, GDP deflator 5.0% (2022)
- Trade 205.6% (2022)
- External balance on goods and services -10.9% (2022)
- External balance on goods and services -509.00 million current LCU (2022)
- External balance on goods and services -509.00 million current US$ (2022)
- Changes in inventories -95.00 million current LCU (2022)
- Imports of goods and services 5.06 billion current US$ (2022)
- Imports of goods and services 5.06 billion current LCU (2022)
Frequently asked questions
- What is general government final consumption expenditure in United States Virgin Islands?
- General government final consumption expenditure in United States Virgin Islands was 1.61 billion current LCU in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in United States Virgin Islands?
- The highest recorded value was 1.70 billion current LCU in 2018.
- What is the lowest general government final consumption expenditure recorded in United States Virgin Islands?
- The lowest recorded value was 737.00 million current LCU in 2003.
- How does United States Virgin Islands rank for general government final consumption expenditure?
- United States Virgin Islands ranks 171st out of 186 countries with data for 2022.
- Is general government final consumption expenditure rising or falling in United States Virgin Islands?
- Over the last ten years it is up 56.5%. The long-run trend across the full record is rising.
- 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 General government final consumption expenditure (current LCU). 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
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.