About THE 2022

USVI ECONOMIC CENSUS

The U.S. Census Bureau today released statistics on businesses with paid employees for the U.S. Virgin Islands from the 2022 Economic Census of Island Areas.

Estimates for the U.S. Virgin Islands as a whole and for each island are available at the two- through selected five-digit North American Industry Classification System (NAICS) levels for all covered NAICS codes that meet publication standards. These statistics include the number of establishments, total employment, annual payroll and total sales, receipts or revenue. Data on expenses, inventories and a wide variety of other statistics are also available for selected sectors.

The Economic Census of Island Areas is the U.S. government’s official 5-year measure of employer businesses in the U.S. Virgin Islands. The economic census is the primary source of statistics about the structure and functioning of the territory, serving as part of the framework for the national accounts. This release includes 22 tables covering a wide range of data such as basic business statistics, revenue by North American Product Classification System (NAPCS) category, data by size categories of businesses, and information on the business owners’ race, gender and citizenship status.

The results of the 2022 Economic Census will be available in 2023, and will be a valuable resource for businesses, researchers, and policymakers looking to understand the economy and make informed decisions.