Virgin Islands (US) Trade Openness
Trade as % of GDP NE.TRD.GNFS.ZS
Virgin Islands (US)'s trade openness was 221.66% in 2025, ranked 7th globally. This represents a 7.8% increase from 2024. Data from World Bank, covering 2002–2025.
Overview
Virgin Islands (US)'s trade openness stood at 221.66% in 2025, a rise of +16.03% from 2022. Based on recent trends, this figure is projected to reach 221.66% by 2025. Virgin Islands (US) ranked 7th globally.
Virgin Islands (US) exhibit an exceptionally high degree of trade openness, registering a World Bank index of 221.66 in 2025, which places the territory seventh worldwide. This figure follows a dramatic contraction from the all‑time peak of 863.20 in 2008, when the open‑economy model was buoyed by a surge in re‑exports and services linked to offshore finance. The subsequent trough of 84.77 in 2015 reflected the combined impact of the global financial crisis fallout and a sharp decline in tourism‑related trade flows. Over the 22‑year series, the openness index has fluctuated markedly, yet the 2025 level remains well above the averages of comparable small, service‑oriented economies such as Malta (215.14) and the United Arab Emirates (212.52). The recent rebound suggests that continued diversification of export services and the expansion of digital trade platforms could sustain a modest upward trajectory, provided external shocks remain limited.
Data & projection
| Year | Trade Openness | YoY change | Rank |
|---|---|---|---|
| 2025* trend | 221.66% | - | - |
| 2025 | 221.66% | +16.03% | #7 |
| 2022 | 205.63% | +25.33% | #173 |
| 2021 | 180.30% | +66.70% | #170 |
| 2020 | 113.60% | −41.83% | #148 |
| 2019 | 155.42% | −3.82% | #164 |
| 2018 | 159.24% | +1.54% | #168 |
| 2017 | 157.70% | +44.40% | #167 |
| 2016 | 113.30% | +28.53% | #142 |
| 2015 | 84.77% | −79.53% | #104 |
| 2014 | 164.29% | +22.05% | #167 |
| 2013 | 142.24% | −14.94% | #156 |
| 2012 | 157.18% | −522.05% | #163 |
| 2011 | 679.23% | +92.83% | #177 |
| 2010 | 586.40% | +78.00% | #178 |
| 2009 | 508.40% | −354.79% | #178 |
Analysis
Virgin Islands (US)'s trade openness was 221.66% in 2025, a rise of +16.03% from 2024. Based on trends, estimated 221.66% by 2025.
Frequently Asked Questions
Virgin Islands (US)'s trade openness was 221.66% in 2025. Ranked 7th globally. This represents a 7.8% increase from the previous year.
Virgin Islands (US)'s trade openness peaked at 863.20% in 2008.
The lowest trade openness in Virgin Islands (US) was 84.77% in 2015.
Virgin Islands (US) ranks 7th globally in trade openness as of 2025.
The World Bank indicator code is NE.TRD.GNFS.ZS. Data sourced from World Bank.
Virgin Islands (US)'s trade openness is projected to reach 221.66% by 2025 based on trend extrapolation.
The trade openness of Virgin Islands (US) in 2025 was 221.66%. This ranks 7th in the world.
Cite this page
@misc{historysaid_virgin-islands-us_trade-openness,
title = {Virgin Islands (US) Trade Openness},
url = {https://historysaid.com/virgin-islands-us/trade-openness/},
publisher = {HistorySaid},
year = {2026}
}