Economy of the British Virgin Islands

This book about the economy of the Virgin Islands from the 1970s to the 2010s. Source data from UN Data.

Size. In the 2010s, the gross domestic product of the Virgin Islands was equal to $1.1 billion per year; the value of industry was $46.3 million. Since the share in the world is less than .01%, the country is classified as a micro economy.

Productivity. In the 2010s, the GDP per capita was $39 123.9, the value of industry per capita was $1 593.2. Since the productivity is greater the average above average, the economy is classified as high developed.

Growth. In the 2010s, the growth of GDP was 1.5%; the growth of industry was 0.0000%.

Structure. In the 2010s, the economy of the Virgin Islands consisted of: services (65.6%), trade (19.4%), transportation (8.6%), industry (3.9%), construction (2.3%), and agriculture (0.15%).

Exports and imports. In the 2010s, the exports were 45.2% higher than the imports, the net exports were equal to 34.8% of the GDP. The technological structure of exports are not better than the structure of imports.

Consumption and reproduction. The attitude of reproduction to the consumption is not better than the global average, so the share of GDP in the world will not increase.

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