Macro - Country Economic Forecasts - Virgin Islands (US)

Macro - Country Economic Forecasts - Virgin Islands (US)

We've upgraded our 2024 GDP growth forecast for the US Virgin Islands by 0.1ppt to 1.2% y/y. The global economy is anticipated to make a steady recovery this year, boosting the confidence of key trading partners. Construction and tourism will continue to drive growth after the number of tourist arrivals increased by 58% from 2022 to 2023. However, air arrivals are still below pre-pandemic levels.

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