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US Virgin Islands R&D expenditure % GDP 2007: Interactive Chart & Historical Data

R&D expenditure % GDP in US Virgin Islands stood at 0.03% of GDP in 2007, according to World Bank. The latest value is almost unchanged from 0.03% of GDP in 2006. US Virgin Islands ranked 95th highest of the 96 countries in this dataset in 2007; Israel ranked first.

Data source: World Bank · Unit: % of GDP · Category: Technology and Internet · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:2002–2007
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What is R&D expenditure % GDP?

R&D expenditure % GDP, measured in % of GDP, measures the total economic output of US Virgin Islands. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In US Virgin Islands, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest R&D expenditure % GDP in US Virgin Islands?

R&D expenditure % GDP in US Virgin Islands stood at 0.03% of GDP in 2007, according to World Bank.

Is R&D expenditure % GDP in US Virgin Islands rising or falling?

The latest value is almost unchanged from 0.03% of GDP in 2006.

How does US Virgin Islands rank for R&D expenditure % GDP?

US Virgin Islands ranked 95th highest of the 96 countries in this dataset in 2007; Israel ranked first.

Metadata for R&D expenditure % GDP in US Virgin Islands
IndicatorR&D expenditure % GDP
CountryUS Virgin Islands
CategoryTechnology and Internet
Unit% of GDP
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Last available value: 0.03% of GDP (2007)

Latest data for US Virgin Islands: 2007. Other countries in this series have data up to 2024.

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Cite this chart
APA

World Bank. (2026). R&D expenditure % GDP — US Virgin Islands [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/r-and-d-expenditure-percent-gdp/VIR. Original source: https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS

MLA

World Bank. "R&D expenditure % GDP — US Virgin Islands." EconDash, 2026, https://econdash.org/chart/r-and-d-expenditure-percent-gdp/VIR. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS.

Chicago

World Bank. 2026. "R&D expenditure % GDP — US Virgin Islands." EconDash. Accessed November 13, 2026. https://econdash.org/chart/r-and-d-expenditure-percent-gdp/VIR. Original source: https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS.

BibTeX
@misc{econdash_r_and_d_expenditure_percent_gdp_vir,
  author = {{World Bank}},
  title = {{R\&D expenditure \% GDP --- US Virgin Islands}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/r-and-d-expenditure-percent-gdp/VIR},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GB.XPD.RSDV.GD.ZS}
}