Gross Domestic Product for the U.S. Virgin Islands, 2020
Real gross domestic product (GDP) for the U.S. Virgin Islands (USVI) decreased 2.2 percent in 2020 after increasing 2.8 percent in 2019. The decrease in real GDP reflected decreases in exports of services, private fixed investment, personal consumption expenditures, and government spending. These decreases were partly offset by an increase in private inventory investment.
- Current Release: March 4, 2022
- Next Release: First Quarter 2023
- Summary of Methodologies: Gross Domestic Product for American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, and the U.S. Virgin Islands
- Estimating GDP for the U.S. Territories
- Territorial Economic Accounts for American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, and the U.S. Virgin Islands Survey of Current Business, June 2021
- The Bureau of Economic Analysis (BEA) Releases GDP Estimates for Four U.S. territories
- Territorial Economic Accounts: New Estimates of GDP for 2016 and New Estimates of GDP by Industry and Compensation by Industry for 2015
- New Estimates of GDP for 2015 and GDP by Industry and Compensation by Industry for 2014
- Results of the First Comprehensive Revision of the Territorial Economic Accounts: New Estimates of GDP for 2014 and Revised Estimates for 2002-2013
What is GDP for the U.S. Virgin Islands?
A comprehensive measure of economic activity for the U.S. Virgin Islands. GDP is the value of the goods and services produced in a territory. Estimates of GDP by industry and compensation by industry are also provided.
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