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U.S. Virgin Islands Annual Unemployment Rate

U.S. Virgin Islands' annual unemployment rate fell to 12.01% in 2024, down from 12.32% in 2023, according to World Bank. This represents a decrease of 0.31% from the previous year. U.S. Virgin Islands has annual unemployment rate higher than the global median (12.01% vs median 5.23%). Compared with the median in Americas, U.S. Virgin Islands is higher (12.01% vs regional median 6.45%) and ranks 3rd out of 33 countries in Americas.

Yearly Historical Data (1991-2024)

(in %)
Year Annual Unemployment Rate (%)
2024 12.01%
2023 12.32%
2022 13.01%
2021 14.27%
2020 15.19%
2019 12.55%
2018 12.41%
2017 12.22%
2016 12.52%
2015 12.42%
2014 12.64%
2013 12.55%
2012 12.11%
2011 12.04%
2010 11.74%
2009 11.53%
2008 10.22%
2007 10.14%
2006 10.36%
2005 10.88%
2004 10.93%
2003 11.25%
2002 10.93%
2001 10.68%
2000 10.55%
1999 10.9%
1998 11.19%
1997 11.3%
1996 11.41%
1995 11.38%
1994 11.75%
1993 11.99%
1992 11.89%
1991 11.72%
U.S. Virgin Islands Annual Unemployment Rate : Definition
Annual Unemployment Rate measures the percentage of U.S. Virgin Islands' labor force that is looking for work but does not have a job.
Indicator Last Value Prior Value Period
Female Labor Force Rate 50.22% 50.33% 2024