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Virgin Islands (U.S.): Imports of goods and services (% of GDP)

In , Virgin Islands (U.S.)'s Imports of goods and services (% of GDP) was 108.26.

That's up 20.3% from 2021, the highest value since .

The global average for this indicator in 2022 was 47.94 .

Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2022

Trend (2005–2022)

Virgin Islands (U.S.) Imports of goods and services (% of GDP) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
429.36
Trough
43.13
1-year change
+20.3%
5-year change
+14.7%
+2.8% / yr
10-year change
+40.6%
+3.5% / yr

Historical Data — Last 10 Years

Year Imports of goods and services (% of GDP)
108.2620
90.0155
75.2897
100.4611
106.1178
94.3595
66.2717
43.1340
85.9187
74.6923

About Imports of goods and services (% of GDP)

Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Indicator code: NE.IMP.GNFS.ZSCategory: Economy

Frequently asked questions

What was Virgin Islands (U.S.)'s Imports of goods and services (% of GDP) in 2022?
In 2022, Virgin Islands (U.S.)'s Imports of goods and services (% of GDP) was 108.26, according to World Bank Open Data.
Is Virgin Islands (U.S.)'s Imports of goods and services (% of GDP) rising or falling?
Virgin Islands (U.S.)'s Imports of goods and services (% of GDP) rose 20.3% from 2021 to 2022.
How does Virgin Islands (U.S.)'s Imports of goods and services (% of GDP) compare to the world average?
The global average for Imports of goods and services (% of GDP) in 2022 was 47.94, so Virgin Islands (U.S.) is above the world average.
What is Imports of goods and services (% of GDP) and how is it measured?
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
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Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.