| VIRGIN ISLANDER ECONOMY STATS: |
| Top Stats |
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Agriculture > products
fruit, vegetables, sorghum; Senepol cattle |
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Budget > Revenues
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$559.70 |
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[163rd of 166]
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Economy > Overview
Tourism is the primary economic activity, accounting for 80% of GDP and employment. The islands hosted 2.6 million visitors in 2005. The manufacturing sector consists of petroleum refining, textiles, electronics, pharmaceuticals, and watch assembly. One of the world's largest petroleum refineries is at Saint Croix. The agricultural sector is small, with most food being imported. International business and financial services are small but growing components of the economy. The islands are vulnerable to substantial damage from storms. The government is working to improve fiscal discipline, to support construction projects in the private sector, to expand tourist facilities, to reduce crime, and to protect the environment. |
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Exchange rates
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the US dollar is used |
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Exports
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$4,234,000,000.00 |
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[7th of 189]
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Exports > Commodities
refined petroleum products |
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GDP
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$2,500,000,000.00 |
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[141st of 203]
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GDP (purchasing power parity)
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$1,577,000,000.00 |
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[8th of 187]
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GDP > Composition by sector > Agriculture
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1% |
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[137th of 146]
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GDP > Composition by sector > Industry
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19% |
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[126th of 146]
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GDP > Real growth rate
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2% |
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[116th of 198]
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GDP deflator
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126.31
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[31st of 188]
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GDP growth > annual %
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7.14 annual %
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[33rd of 187]
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GDP per capita > constant LCU
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10330.1 |
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Imports
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$4,609,000,000.00 |
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[12th of 185]
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Inflation rate (consumer prices)
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2.2% |
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[120th of 192]
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International tourism, number of arrivals
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575,000
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[87th of 190]
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Population below poverty line
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28.9% |
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[23rd of 46]
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Tourist arrivals by region of origin > Africa
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162 |
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[127th of 142]
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Tourist arrivals by region of origin > Europe
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18,911 |
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[146th of 195]
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