About Virgin Islands British's economy

The British Virgin Islands (BVI) boasts one of the most prosperous economies in the Caribbean, with a GDP per capita of $44,300 (PPP) in 2021. Tourism, financial services, and construction are the main pillars of the BVI economy. The tourism sector, in particular, plays a crucial role, generating over 45% of GDP and employing around a third of the workforce. The BVI is also a renowned offshore financial center, with over 1,400 active bank licenses and over 400,000 registered companies.

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