Виргинские острова (США)

U.S. Virgin Islands Economic Profile

The U.S. Virgin Islands, an overseas territory of the United States located in the Caribbean, consists of three main islands: Saint Croix, Saint John, and Saint Thomas. With a small population of approximately 30,000, it is classified as a high-income economy and serves as an important economic hub in the Caribbean region.

From an economic overview perspective, tourism is by far the most important industry. The islands' attractive beaches, diving sites, and historical heritage attract numerous tourists, with tourism-related industries accounting for over 60% of the economy. Accommodation facilities, restaurants, and water sports are well-developed, with over 300,000 tourists visiting annually. The second most important industry is oil refining, with a large refinery located on Saint Croix Island that was once the largest facility in the Caribbean region. Additionally, due to special U.S. tax incentives, the financial services industry has also developed, particularly in mutual funds and insurance sectors.

Recent economic trends show rapid recovery in tourism. Following severe damage from Hurricane Maria in 2017, the territory has gradually recovered, with tourist numbers reaching record highs between 2022 and 2023. However, excessive dependence on tourism indicates economic vulnerability, with the territory susceptible to impacts from natural disasters such as hurricanes and pandemics.

Notable points include the following: First, there is a decline in the refinery industry. Petroleum refining, once the leading industry, has been shrinking due to global changes in oil demand. Second, labor shortages are becoming severe, making workforce recruitment a challenge for tourism industry expansion. Furthermore, balancing sustainable tourism development with environmental conservation is critical. Strengthening vulnerable infrastructure and disaster resilience is urgent, with support from the U.S. federal government playing an important role.