Market Research In Virgin Islands

Virgin Islands Profile:

  • The United States Virgin Islands (USVI; also called the American Virgin Islands), officially the Virgin Islands of the United States, is a group of islands in the Caribbean.
  • The U.S. Virgin Islands consist of the main islands of Saint Croix, Saint John, and Saint Thomas, and many other surrounding minor islands. The islands are vulnerable to damage from storms.
  • The Virgin Islands Water and Power Authority also use imported energy to operate its desalination facilities to provide fresh water.
  • Approximately 2.5 million tourists per year visit, most arriving on cruise ships. Such visitors do not spend large amounts of money ($146.70 each on average) but as a group, they contributed $339.8 million to the economy in 2012.
  • From reduced energy costs to increased educational opportunities, from improved healthcare to a continued reduction in crime, these and many other challenges must be tackled

Virgin Islands Economy:

  • Tourism, trade, and other services are the primary economic activities, accounting for nearly 60% of the Virgin Island’s GDP and about half of total civilian employment.
  • The agriculture sector is small, with most food being imported. Industry and government each account for about one-fifth of GDP.
  • The manufacturing sector consists of rum distilling, electronics, pharmaceuticals, and watch assembly.
  • The economy declined in 2013, due to decreases in exports resulting from the loss of refined oil products. Nevertheless, the economy remains relatively diversified.
  • Along with a vibrant tourism industry, rum exports, trade, and services will be major income sources in future years.

Virgin Islands Facts:

  • Population: 107,268
  • Capital: Charlotte Amalie
  • Largest city: Charlotte Amalie
  • Area: 1,910 sq km
  • Major language: English 71.6%, Spanish or Spanish Creole 17.2%, French or French Creole 8.6%, other 2.5%
  • Major religion: Protestant 59%, Roman Catholic 34%, other 7%
  • Life expectancy: 76.2 years (Male), 82.8 years (Female)
  • Monetary unit: 1 US Dollar (US$, USD) = 100 Cents
  • Main exports: Rum
  • GNI per Capita: $36,350

Our Market Research Services in Virgin Islands:

We Employ A Wide Range of Research Techniques in Virgin Islands:

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