Economy of Saint Vincent and the Grenadines
Population: 0.11 M (2018)
GDP per Capita: 7,361 USD (2018)
810 M.

GDP USD

(2018)

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280 M.

EXPORTS USD

(2017)

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430 M.

IMPORTS USD

(2017)

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2017 %

PUBLIC DEBT

(2017)

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Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 2.16 % (2018)
GDP of 2010 USD USD 0.80 B. (2018)
GDP Current USD USD 0.81 B. (2018)
GDP per Capita Current USD USD 7,361 (2018)
GDP per capita, PPP USD 10,903 (2018)
GDP per Capita, 2010 USD USD 6,853 (2018)

Government spending and balances

Indicator Value
Government Spending % GDP
Government Spending
Government Debt % GDP % ()

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 USD 6,853 (2018)
Trade Openness USD 6,853 (2018)
Exports of Goods and Services % GDP
Exports Goods & Services
Exports Annual Growth USD 6,853 (2018)
Imports as % GDP USD 6,853 (2018)
Total Imports
Foreign Direct Investment % GDP
Foreign Direct Investment
Current Account Balance % GDP USD USD 6,853 (2018) % (
Current Account Balance USD USD 6,853 (2018)
Trade Balance % GDP USD 6,853 (2018)
Trade Balance USD USD 6,853 (2018)
Foreign Exchange Reserves incl Gold USD 6,853 (2018)
Remittances % GDP USD 6,853 (2018)
Remittances USD 6,853 (2018)
Balance of Payments USD 6,853 (2018)

Labor Market

Indicator Value
Labor Force 0.06 M. (2019)
Unemployment Rate 19.71 % (2019)
Unemployment Rate Females 16.68 % (2019)
Unemployment Rate Males 20.39 % (2019)
Youth Unemployment (ages 15-24) 41.52 % (2019)
Labor Force Participation Rate 68.22 % (2019)
Labor Force (Percent Female) 40.78 % (2019)
Female Labor Force Participation Rate 57.31 % (2019)
Male Labor Force Participation Rate 78.97 % (2019)
Dependent People 47.34 % (2018)

Agriculture Sector

Indicator Value
Forest Area 69.20 % (2016)
Forest Area km² 270 km² (2016)
Agricultural Land 25.64 % (2016)
Agricultural Land km² 100 km² (2016)
Employment 13.38 % (2019)
Value added % GDP 7.24 % (2018)
Agriculture Value added USD 0.06 B. (2018)
Crop Production Index 111.30 (2016)
Precipitation 1,583 mm (2014)
Arable Land 13 % (2016)
Cereal Yield 26,110 kg/hectare (2017)
Food production index 104 (2016)
Rural Population 48 % (2018)
Fertilizer use of Arable Land 104 (2016)
Livestock Production Index 99 (2016)
Economy of Saint Vincent and the Grenadines

According to the World Bank and its latest published data, the economy of the Saint Vincent and the Grenadines presents a growth rate of 2.16 % (2018) to the previous year.

With a population that reaches 0.11 M (2018) and a gross domestic product of USD 0.81 B. (2018), it translates a Gross Domestic Product per Capita of USD 7,361 placing its inhabitants on the threshold of an Upper middle income country (according to the World Bank's updated classification).

Saint Vincent and the Grenadines also has a workforce of 0.06 M. (2019) with an unemployment rate of 19.71 % (2019), where women represent 16.68 % (2019) and men 20.39 % (2019), the unemployment rate for young people between 15-24 years old stood at 41.52 % (2019). The total number of dependent people stands at 47.34 % (2018).

The central government spent of its gross domestic product that year, which in absolute terms is . Its consolidated public debt reached of its GDP, not exceeding the 35% risk limit used by the European Union.

Regarding its international trade, Saint Vincent and the Grenadines exported , which represents of its gross domestic product, in that same sense its imports reached with a direct foreign investment of .

Saint Vincent and the Grenadines has a forest area of 270 km² (2016), which represents 69.20 % (2016) of its total area, an average rainfall of 1,583 mm (2014) per year and a population of 48 % (2018) living in rural areas. With a total area of 100 km² (2016) available for agriculture and 13.38 % (2019) of its employments, the agricultural sector contributes to the economy of the Saint Vincent and the Grenadines about USD 0.06 B. (2018) (7.24 % (2018) of its GDP).