Virgin Islands - Imports of goods and services

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in Virgin Islands was $4,112,000,000 as of 2019. Over the past 17 years, the value for this indicator has fluctuated between $18,222,000,000 in 2008 and $1,580,000,000 in 2015.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2002 $4,428,000,000
2003 $5,977,000,000
2004 $7,919,000,000
2005 $10,650,000,000
2006 $12,027,000,000
2007 $12,667,000,000
2008 $18,222,000,000
2009 $10,641,000,000
2010 $12,411,000,000
2011 $14,313,000,000
2012 $3,149,000,000
2013 $2,792,000,000
2014 $3,063,000,000
2015 $1,580,000,000
2016 $2,517,000,000
2017 $3,580,000,000
2018 $4,149,000,000
2019 $4,112,000,000

Imports of goods and services (current LCU)

The value for Imports of goods and services (current LCU) in Virgin Islands was 4,112,000,000 as of 2019. As the graph below shows, over the past 17 years this indicator reached a maximum value of 18,222,000,000 in 2008 and a minimum value of 1,580,000,000 in 2015.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2002 4,428,000,000
2003 5,977,000,000
2004 7,919,000,000
2005 10,650,000,000
2006 12,027,000,000
2007 12,667,000,000
2008 18,222,000,000
2009 10,641,000,000
2010 12,411,000,000
2011 14,313,000,000
2012 3,149,000,000
2013 2,792,000,000
2014 3,063,000,000
2015 1,580,000,000
2016 2,517,000,000
2017 3,580,000,000
2018 4,149,000,000
2019 4,112,000,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in Virgin Islands was 3,480,483,000 as of 2019. Over the past 17 years, the value for this indicator has fluctuated between 17,017,170,000 in 2005 and 1,580,000,000 in 2015.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2002 13,342,410,000
2003 15,601,570,000
2004 16,758,960,000
2005 17,017,170,000
2006 16,090,590,000
2007 15,153,220,000
2008 15,972,700,000
2009 14,838,550,000
2010 13,684,480,000
2011 11,898,570,000
2012 2,614,514,000
2013 2,349,658,000
2014 2,602,060,000
2015 1,580,000,000
2016 2,650,215,000
2017 3,365,906,000
2018 3,461,387,000
2019 3,480,483,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in Virgin Islands was 0.55 as of 2019. As the graph below shows, over the past 16 years this indicator reached a maximum value of 67.74 in 2016 and a minimum value of -78.03 in 2012.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2003 16.93
2004 7.42
2005 1.54
2006 -5.44
2007 -5.83
2008 5.41
2009 -7.10
2010 -7.78
2011 -13.05
2012 -78.03
2013 -10.13
2014 10.74
2015 -39.28
2016 67.74
2017 27.01
2018 2.84
2019 0.55

Imports of goods and services (constant LCU)

The value for Imports of goods and services (constant LCU) in Virgin Islands was 4,192,000,000 as of 2019. As the graph below shows, over the past 17 years this indicator reached a maximum value of 20,496,000,000 in 2005 and a minimum value of 1,903,000,000 in 2015.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2002 16,070,000,000
2003 18,791,000,000
2004 20,185,000,000
2005 20,496,000,000
2006 19,380,000,000
2007 18,251,000,000
2008 19,238,000,000
2009 17,872,000,000
2010 16,482,000,000
2011 14,331,000,000
2012 3,149,000,000
2013 2,830,000,000
2014 3,134,000,000
2015 1,903,000,000
2016 3,192,000,000
2017 4,054,000,000
2018 4,169,000,000
2019 4,192,000,000

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in Virgin Islands was 101.08 as of 2019. Its highest value over the past 17 years was 429.36 in 2008, while its lowest value was 43.13 in 2015.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2002 135.74
2003 173.60
2004 208.56
2005 240.51
2006 268.22
2007 264.78
2008 429.36
2009 253.30
2010 287.03
2011 338.93
2012 77.01
2013 74.69
2014 85.92
2015 43.13
2016 66.27
2017 94.36
2018 106.38
2019 101.08

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts