Gross fixed capital formation, private sector in United States Virgin Islands
United States Virgin Islands: Gross fixed capital formation, private sector was 448.00 million current LCU in 2022. ▲ Rising
Gross fixed capital formation, private sector 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, gross fixed capital formation, private sector in United States Virgin Islands stood at 448.00 million current LCU.
Compared with earlier readings it is down 10.2% on the previous year and up 53.4% over ten years.
Over the whole period, gross fixed capital formation, private sector in United States Virgin Islands peaked at 999.00 million current LCU in 2019 and was at its lowest, 274.00 million current LCU, in 2016.
United States Virgin Islands ranks 95th of 105 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 | 514.25 million current LCU | 399.00 million current LCU | 633.00 million current LCU | 8 |
| 2010s | 403.30 million current LCU | 274.00 million current LCU | 999.00 million current LCU | 10 |
| 2020s | 564.33 million current LCU | 448.00 million current LCU | 746.00 million current LCU | 3 |
Countries ranked near United States Virgin Islands
- 92 Curacao 1.69 billion current LCU compare
- 93 Ghana 1.65 billion current LCU compare
- 94 Papua New Guinea 687.50 million current LCU compare
- 96 Oman 381.20 million current LCU compare
- 97 East Timor 132.96 million current LCU compare
- 98 Northern Mariana Islands 117.00 million 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 gross fixed capital formation, private sector in United States Virgin Islands?
- Gross fixed capital formation, private sector in United States Virgin Islands was 448.00 million current LCU in 2022, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in United States Virgin Islands?
- The highest recorded value was 999.00 million current LCU in 2019.
- What is the lowest gross fixed capital formation, private sector recorded in United States Virgin Islands?
- The lowest recorded value was 274.00 million current LCU in 2016.
- How does United States Virgin Islands rank for gross fixed capital formation, private sector?
- United States Virgin Islands ranks 95th out of 105 countries with data for 2022.
- Is gross fixed capital formation, private sector rising or falling in United States Virgin Islands?
- Over the last ten years it is up 53.4%. 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 Gross fixed capital formation, private sector (current LCU). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.