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Economy of China vs Saint Vincent compared: GDP & Debt

Updated on by Georank team

China has a GDP of $18.7T compared to $1.16B for Saint Vincent, ranking 2/197 and 186/197 by economy size, respectively.

China has $16.6T in government debt (88.3% of GDP), compared to $1.07B (92.7% of GDP) in Saint Vincent.

China vs Saint Vincent GDP by year

China
Saint Vincent
1x
Year GDP, current $
China Saint Vincent
2024 $18,743,803,170,827 $1,157,207,407
2023 $18,270,356,654,533 $1,072,237,037
2022 $18,316,765,021,690 $989,188,889
2021 $18,201,698,719,564 $888,677,778
2020 $14,996,414,166,715 $864,566,667
2019 $14,560,167,101,283 $910,481,481
2018 $14,147,765,772,964 $884,329,630
2017 $12,537,559,062,283 $844,040,741
2016 $11,456,024,084,962 $814,303,704
2015 $11,280,814,787,469 $786,555,556
2014 $10,674,533,168,257 $770,900,000
2013 $9,743,124,247,267 $764,781,259
2012 $8,673,664,713,189 $730,032,593
2011 $7,671,757,207,851 $713,796,370
2010 $6,192,564,874,453 $720,447,889
2009 $5,189,577,094,998 $714,300,259
2008 $4,667,346,414,522 $732,663,259
2007 $3,604,055,822,572 $713,596,667
2006 $2,791,498,472,804 $643,501,148
2005 $2,317,551,298,052 $579,948,926
2004 $1,984,196,551,300 $549,900,185
2003 $1,683,903,309,844 $509,090,889
2002 $1,489,821,682,051 $487,763,852
2001 $1,355,036,590,252 $462,072,333
2000 $1,223,754,919,971 $427,946,037
1999 $1,103,843,203,576 $390,718,519
1998 $1,037,134,141,760 $373,618,519
1997 $967,753,570,435 $347,770,370
1996 $868,523,936,530 $331,488,889
1995 $738,190,896,228 $316,007,407
1994 $566,929,539,493 $289,437,037
1993 $446,557,291,212 $286,307,407
1992 $428,502,354,788 $277,955,556
1991 $384,510,452,962 $254,829,630
1990 $361,560,229,446 $240,366,667
1989 $348,380,566,802 $214,745,002
1988 $312,888,888,889 $200,726,713
1987 $273,455,156,951 $175,580,647
1986 $301,310,144,928 $160,846,657
1985 $310,064,625,850 $145,641,705
1984 $260,442,857,143 $135,024,988
1983 $231,130,268,199 $122,255,350
1982 $205,480,916,031 $113,759,203
1981 $196,218,253,968 $102,086,539
1980 $191,487,500,000 $82,340,340
1979 $178,573,913,043 $71,096,360
1978 $149,788,617,886 $60,844,771
1977 $175,226,595,860 $49,353,162
1976 $154,196,810,059 $32,792,845
1975 $163,687,619,736 $33,237,226
1974 $144,418,433,058 $32,923,703
1973 $138,764,340,892 $30,165,081
1972 $113,871,930,714 $27,585,805
1971 $99,959,013,880 $20,051,922
1970 $92,752,930,873 $18,450,000
1969 $79,847,786,729 $16,650,000
1968 $70,980,323,819 $15,350,000
1967 $73,011,350,596 $15,835,106
1966 $76,854,053,259 $16,099,960
1965 $70,565,994,356 $15,108,296
1964 $59,821,862,703 $14,758,296
1963 $50,812,227,919 $13,708,299
1962 $47,310,737,754 $14,524,964
1961 $50,162,299,350 $13,999,965
1960 $59,846,235,025 $13,066,634

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/china/saint-vincent | CC BY

GDP per capita in China vs Saint Vincent by year

China
GDP per capita

GDP per capita, PPP
Saint Vincent
GDP per capita

GDP per capita, PPP
1x
Year Current $
China Saint Vincent
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $13,303 $27,105 $11,501 $21,272
2023 $12,951 $25,179 $10,582 $19,820
2022 $12,971 $23,032 $9,694 $18,035
2021 $12,887 $20,843 $8,641 $16,201
2020 $10,627 $18,267 $8,351 $15,337
2019 $10,343 $17,601 $8,741 $15,340
2018 $10,086 $16,298 $8,428 $14,690
2017 $8,980 $15,022 $7,988 $13,575
2016 $8,255 $14,157 $7,657 $13,493
2015 $8,175 $13,463 $7,354 $12,379
2014 $7,781 $12,942 $7,169 $12,136
2013 $7,147 $12,228 $7,072 $11,625
2012 $6,405 $11,420 $6,714 $10,989
2011 $5,704 $10,457 $6,528 $10,774
2010 $4,629 $9,411 $6,552 $10,561
2009 $3,898 $8,448 $6,464 $10,869
2008 $3,523 $7,713 $6,599 $10,902
2007 $2,735 $6,935 $6,398 $10,604
2006 $2,129 $5,946 $5,745 $9,949
2005 $1,778 $5,148 $5,157 $8,986
2004 $1,531 $4,505 $4,873 $8,472
2003 $1,307 $4,007 $4,500 $7,903
2002 $1,164 $3,591 $4,303 $7,250
2001 $1,065 $3,258 $4,071 $6,768
2000 $969 $2,964 $3,769 $6,503
1999 $881 $2,690 $3,447 $6,266
1998 $835 $2,483 $3,301 $6,026
1997 $787 $2,297 $3,074 $5,726
1996 $713 $2,088 $2,930 $5,440
1995 $613 $1,884 $2,795 $5,277
1994 $476 $1,680 $2,563 $4,802
1993 $379 $1,471 $2,540 $4,769
1992 $368 $1,276 $2,471 $4,477
1991 $334 $1,105 $2,271 $4,126
1990 $319 $991 $2,150 $3,960
1989 $311 - $1,930 -
1988 $284 - $1,814 -
1987 $252.3 - $1,596 -
1986 $282.4 - $1,472 -
1985 $295 - $1,342 -
1984 $251.2 - $1,254 -
1983 $225.9 - $1,144 -
1982 $203.7 - $1,074 -
1981 $197.4 - $972 -
1980 $195.1 - $790 -
1979 $184.3 - $687 -
1978 $156.7 - $592 -
1977 $185.7 - $484 -
1976 $165.7 - $324 -
1975 $178.6 - $331 -
1974 $160.4 - $331 -
1973 $157.3 - $306 -
1972 $132.1 - $282.1 -
1971 $118.8 - $207 -
1970 $113.3 - $192.3 -
1969 $100.3 - $175.2 -
1968 $91.6 - $163.1 -
1967 $96.8 - $170 -
1966 $104.5 - $174.9 -
1965 $98.7 - $166.2 -
1964 $85.7 - $164.4 -
1963 $74.5 - $154.9 -
1962 $71.1 - $166.5 -
1961 $76 - $163 -
1960 $89.7 - $154.8 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/china/saint-vincent | CC BY

China's GDP per capita is $13,303, ranking 76/197, compared to $11,501 in Saint Vincent, ranking 81/197. Adjusted for purchasing power (GDP per capita PPP), China ranks 77th at $27,105, while Saint Vincent ranks 92nd at $21,272.

Economic indicators

China Saint Vincent
Gross domestic product
$18.7T
2024
$1.16B
2024
GDP rank
2/197
2024
186/197
2024
GDP growth
4.98%
2023-2024
4.06%
2023-2024
GDP per capita
$13,303
2024
$11,501
2024
GDP per capita rank
76/197
2024
81/197
2024
GDP per capita, PPP
$27,105
2024
$21,272
2024
GDP per capita PPP rank
77/197
2024
92/197
2024
Government debt
$16.6T
2024
$1.07B
2024
Debt-to-GDP ratio
88.3%
2024
92.7%
2024
Government debt per person
$11,749
2024
$10,659
2024
Government debt per person rank
47/185
2024
56/185
2024
Average annual personal income after taxes
$9,826
2026
$12,573
2026
Market capitalization of domestic companies
$11.8T
2024
n/a
Number of millionaires
6,327,000
2025
n/a
Number of billionaires
450
2025
n/a
Income share by richest 10%
28.4%
2022
n/a
Income share by poorest 10%
3.1%
2022
n/a
Government expenditure, % of GDP
32.9%
2024
39.1%
2024
Consumer prices inflation
0.2%
2023-2024
3.63%
2023-2024
Central bank interest rate
3.1%
2024
n/a
Unemployment rate
5.11%
2021
18.8%
2008
Population
1402578808
99237

Spending and national debt comparison by year

China
Spending

Debt
Saint Vincent
Spending

Debt
1x
Year % of GDP
China Saint Vincent
Government spending Government debt Government spending Government debt
2024 32.9% 88.3% 39.1% 92.7%
2023 32.7% 82% 38.9% 89.4%
2022 32.6% 75.5% 36.6% 86.3%
2021 31.9% 70.1% 37.2% 88.4%
2020 34.8% 69% 32.9% 80.2%
2019 33.6% 59.4% 29.2% 68.2%
2018 32.6% 55.6% 26.3% 69.4%
2017 32% 53.9% 26.6% 69%
2016 31.7% 49.7% 27.1% 79.4%
2015 31% 40.8% 27.6% 75.1%
2014 28.4% 39.3% 30.4% 75%
2013 28.1% 36.4% 29.4% 69.9%
2012 27.7% 33.8% 26.5% 68.1%
2011 26.6% 33.2% 29.4% 64%
2010 24.7% 33.3% 31.1% 61.1%
2009 25.2% 34% 31% 57.2%
2008 22.2% 26.7% 28.4% 50.3%
2007 17.9% 28.7% 27.1% 48.5%
2006 18.1% 25.2% 26.1% 44.7%
2005 18% 25.9% 26.7% 50.5%
2004 17.6% 26% 24.9% 58.6%
2003 18% 26.4% 26% 55.3%
2002 18.2% 25.6% 25.7% 53.2%
2001 17.2% 24.3% 24.4% 52%
2000 16.1% 22.7% 23.8% 54.3%
1999 14.9% 21.6% 25.2% 52.9%
1998 12.6% 20.4% 25.2% 39.5%
1997 11.5% 20.4% 26% 38.8%
1996 11% 21.2% 20.9% 40.7%
1995 11.1% 21.4% 19.9% 46.8%
1994 12.4% - 22.4% 52.8%
1993 13.4% - 22.3% 48.1%
1992 14.6% - 25.4% 49.6%
1991 16.5% - 25.5% 52.1%
1990 18.2% - 23.1% 53.9%
1989 18.6% - 27.6% -
1988 20.9% 4.46% 24.8% -
1987 23.4% 3.6% 23.7% -
1986 25.6% 3.24% 22.3% -
1985 25.8% 3.31% 21.4% -
1984 26.9% 0.97% 23.1% -
1983 28.3% - - -
1982 27.9% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

GeoRank.org/economy/china/saint-vincent | CC BY

In 2024, China's government spending was $6.18T, accounting for 32.9% of its GDP, while Saint Vincent spent $453M, or 39.1% of GDP.

Debt-to-GDP ratio is 88.3% in China and 92.7% in Saint Vincent, ranking 34/185 and 29/185, respectively.

Government deficit by year

Deficit/surplus
China

Saint Vincent
1x
Year Deficit/surplus, % of GDP
China Saint Vincent
2024 -7.34% -12.9%
2023 -6.71% -12%
2022 -7.32% -9.35%
2021 -5.9% -7.19%
2020 -9.56% -5.92%
2019 -6% -3.45%
2018 -4.2% -1.65%
2017 -3.34% -1.56%
2016 -3.33% 0.04%
2015 -2.5% -2.01%
2014 -0.67% -2.82%
2013 -0.82% -5.81%
2012 -0.3% -1.81%
2011 -0.1% -3.5%
2010 -0.36% -3.7%
2009 -1.72% -2.85%
2008 -0.02% -1.3%
2007 0.06% -3.07%
2006 -1.13% -3.13%
2005 -1.38% -4.3%
2004 -1.49% -2.71%
2003 -2.36% -2.51%
2002 -2.84% -2%
2001 -2.56% -1.6%
2000 -2.81% -0.82%
1999 -2.3% -1.93%
1998 -1.08% -1.81%
1997 -0.73% -2.77%
1996 -0.73% 1.57%
1995 -0.94% 1.08%
1994 -1.68% 0.12%
1993 -0.89% -1.46%
1992 -1.22% -3.25%
1991 -1.04% -0.47%
1990 -0.72% 1.69%
1989 -0.91% -1.92%
1988 -2.22% 0.59%
1987 -2.08% 1.1%
1986 -1.82% 2.32%
1985 -0.45% 4.23%
1984 -1.44% 2.5%
1983 -1.61% -
1982 -1.33% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20).

GeoRank.org/economy/china/saint-vincent | CC BY

In 2024, China's government deficit, the difference between spending and revenue, was $1.38T, equivalent to 7.34% of GDP. This compares to Saint Vincent's deficit of $149M, or 12.9% of GDP.

Over the past 41 years, China recorded a fiscal deficit in 40 of those years, while Saint Vincent ran a deficit in 31 years. On average, China posted an annual deficit equal to 2.32% of GDP, compared to deficit of 2.35% of GDP for Saint Vincent.

Inflation comparison by year

Inflation
China

Saint Vincent
1x
Year Consumer prices inflation
China Saint Vincent
2024 0.2% 3.63%
2023 0.2% 4.56%
2022 2% 5.66%
2021 0.9% 1.57%
2020 2.5% -0.63%
2019 2.9% 0.91%
2018 2.1% 2.32%
2017 1.6% 2.15%
2016 2% -0.15%
2015 1.5% -1.73%
2014 2% 0.19%
2013 2.7% 0.81%
2012 2.6% 2.6%
2011 5.4% 3.19%
2010 3.3% 0.75%
2009 -0.7% 0.42%
2008 5.9% 10.1%
2007 4.7% 7.24%
2006 1.5% 2.74%
2005 1.8% 3.73%
2004 3.9% 2.96%
2003 1.1% 0.21%
2002 -0.8% 1.86%
2001 0.7% 0.9%
2000 0.4% 0.17%
1999 -1.4% 1.01%
1998 -0.8% 2.14%
1997 2.8% 0.44%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/china/saint-vincent | CC BY

Over the past 28 years, China has recorded an average annual inflation rate of 1.82%, compared with 2.13% in Saint Vincent. In 2024, inflation was 0.2% in China and 3.63% in Saint Vincent.

Top exports between countries

China
Export category Export value
Machinery & equipment $18.3M
Metals $4.22M
Textiles & consumer goods $3.79M
Raw materials & minerals $3.55M
Chemicals & pharma $2.55M
Wood & paper products $493K
Miscellaneous $397K
Processed food, beverages & tobacco $147K
Raw agricultural goods $51K
Precious metals & jewellery $12K
Saint Vincent
Export category Export value

Balance of trade

China Saint Vincent
Current account balance
$424B
2024
-$157M
2024
Current account balance ranking
1/190
2024
93/190
2024
Current account balance, % of GDP
+2.26%
2024
-13.5%
2024
Goods imports
$2.64T
2024
$445M
2024
Goods exports
$3.41T
2024
$59.2M
2024
Service imports
$613B
2024
$196M
2024
Service exports
$384B
2024
$366M
2024
Imports of goods and services, % of GDP
17.2%
2024
n/a
Exports of goods and services, % of GDP
20%
2024
15.3%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

China Saint Vincent
Economic freedom 48.3 60
Economic freedom ranking 170/197 98/197
Property rights 40.9 65.2
Government integrity 42.3 63.3
Judicial effectiveness 38.6 76.9
Tax burden 69.3 82
Government spending 67.8 56.2
Fiscal health 4.4 2.8
Business freedom 68.7 67.3
Labor freedom 57.9 60.1
Monetary freedom 76.1 77.3
Trade freedom 73.4 58.8
Investment freedom 20 70
Financial freedom 20 40

Economic freedom comparison by year

China
Saint Vincent
1x
Year Economic freedom index
China Saint Vincent
2026 48.3 60
2025 49 60.1
2024 48.5 59.8
2023 48.3 63.5
2022 48 65.7
2021 58.4 66.3
2020 59.5 66.8
2019 58.4 65.8
2018 57.8 67.7
2017 57.4 65.2
2016 52 68.8
2015 52.7 68
2014 52.5 67
2013 51.9 66.7
2012 51.2 66.5
2011 52 66.9
2010 51 66.9
2009 53.2 64.3
2008 53.1 -
2007 52 -
2006 53.6 -
2005 53.7 -
2004 52.5 -
2003 52.6 -
2002 52.8 -
2001 52.6 -
2000 56.4 -
1999 54.8 -
1998 53.1 -
1997 51.7 -
1996 51.3 -
1995 52 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/china/saint-vincent | CC BY

The Economic Freedom Index for China is 48.3, ranking 170/197, compared to 60 for Saint Vincent, ranking 98/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

China Saint Vincent
Services, % of GDP
56.7%
2024
66.4%
2024
Industry, % of GDP
36.5%
2024
15.4%
2024
Agriculture, forestry, and fishing, % of GDP
6.78%
2024
3.55%
2024
GNI, Atlas method
$19.3T
2024
$1.11B
2024
GNI per capita, PPP
$26,920
2024
$21,150
2024
Total reserves including gold
$3.46T
2024
$317M
2024
Total reserves ranking
1/177
2024
167/177
2024
Net foreign direct investment
$154B
2024
-$74M
2024
Net inflows of foreign direct investment
$18.6B
2024
$139M
2024
Net outflows of foreign direct investment
$172B
2024
-$1.92M
2024
Servicing debt to the IMF, % of GNI
1.89%
2024
3.84%
2024
Poverty at national poverty lines
0%
2020
n/a
Gross capital formation, % of GDP
40.6%
2024
n/a

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/china/saint-vincent | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1982–1989, retrieved 2026-02-20)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.