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Economy and Banking Sector of the British Virgin Islands

National Currency

US Dollar (USD)

Since 1959, the official currency of the British Virgin Islands is the United States dollar (USD) which is also used by the United States Virgin Islands.

Main Sectors

Main sectors of the economy of the British Virgin Islands are:

  • tourism
  • offshore financial services

Credit Ratings (as of Aug 2020)


The British Virgin Islands doesn't have sovereign credit ratings assigned by American credit rating agencies Fitch or Moody's. Scope Ratings, the European rating agency, have not assigned credit ratings to The British Virgin Islands.

Fitch and Moody's rating data are provided for June 2020, Scope Ratings for August 2020.