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Saint Vincent economy ranking: GDP & GDP per capita, debt

Updated on by Georank team

Saint Vincent ranked 186/197 by economy size with a GDP of $1.16B and 81/197 by GDP per capita at $11,501. Saint Vincent has $1.07B in government debt, with a debt-to-GDP ratio of 92.7%.

In 2024, Saint Vincent made up 0.001% of the world's economy, compared to 0.001% in 1960.

Saint Vincent GDP & GDP growth by year

GDP, current $
Real growth
1x
Year GDP GDP growth
2024 $1,157,207,407 4.06%
2023 $1,072,237,037 5.33%
2022 $989,188,889 3.11%
2021 $888,677,778 2.09%
2020 $864,566,667 -4.27%
2019 $910,481,481 0.67%
2018 $884,329,630 3.18%
2017 $844,040,741 1.55%
2016 $814,303,704 4.15%
2015 $786,555,556 2.79%
2014 $770,900,000 1.15%
2013 $764,781,259 2.46%
2012 $730,032,593 1.17%
2011 $713,796,370 -0.61%
2010 $720,447,889 -4.47%
2009 $714,300,259 -1.38%
2008 $732,663,259 0.4%
2007 $713,596,667 3.32%
2006 $643,501,148 7%
2005 $579,948,926 2.49%
2004 $549,900,185 4.11%
2003 $509,090,889 6.69%
2002 $487,763,852 5.34%
2001 $462,072,333 1.75%
2000 $427,946,037 1.64%
1999 $390,718,519 2.71%
1998 $373,618,519 4.09%
1997 $347,770,370 3.51%
1996 $331,488,889 1.29%
1995 $316,007,407 7.77%
1994 $289,437,037 -1.25%
1993 $286,307,407 4.25%
1992 $277,955,556 6.38%
1991 $254,829,630 1.14%
1990 $240,366,667 4.15%
1989 $214,745,002 1.41%
1988 $200,726,713 14.1%
1987 $175,580,647 0.44%
1986 $160,846,657 5.6%
1985 $145,641,705 6.18%
1984 $135,024,988 6.59%
1983 $122,255,350 2.17%
1982 $113,759,203 4.48%
1981 $102,086,539 4.61%
1980 $82,340,340 2.44%
1979 $71,096,360 3.38%
1978 $60,844,771 9.78%
1977 $49,353,162 13.2%
1976 $32,792,845 10.4%
1975 $33,237,226 -7.61%
1974 $32,923,703 -8.82%
1973 $30,165,081 -11.1%
1972 $27,585,805 25.8%
1971 $20,051,922 2.97%
1970 $18,450,000 10.7%
1969 $16,650,000 2.86%
1968 $15,350,000 6.51%
1967 $15,835,106 -9.52%
1966 $16,099,960 0%
1965 $15,108,296 0.88%
1964 $14,758,296 3.67%
1963 $13,708,299 -6.27%
1962 $14,524,964 3.69%
1961 $13,999,965 4.53%
1960 $13,066,634 -

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

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

Saint Vincent GDP per capita by year

GDP per capita
GDP per capita, PPP
1x
Year Current $
GDP per capita GDP per capita, PPP
2024 $11,501 $21,272
2023 $10,582 $19,820
2022 $9,694 $18,035
2021 $8,641 $16,201
2020 $8,351 $15,337
2019 $8,741 $15,340
2018 $8,428 $14,690
2017 $7,988 $13,575
2016 $7,657 $13,493
2015 $7,354 $12,379
2014 $7,169 $12,136
2013 $7,072 $11,625
2012 $6,714 $10,989
2011 $6,528 $10,774
2010 $6,552 $10,561
2009 $6,464 $10,869
2008 $6,599 $10,902
2007 $6,398 $10,604
2006 $5,745 $9,949
2005 $5,157 $8,986
2004 $4,873 $8,472
2003 $4,500 $7,903
2002 $4,303 $7,250
2001 $4,071 $6,768
2000 $3,769 $6,503
1999 $3,447 $6,266
1998 $3,301 $6,026
1997 $3,074 $5,726
1996 $2,930 $5,440
1995 $2,795 $5,277
1994 $2,563 $4,802
1993 $2,540 $4,769
1992 $2,471 $4,477
1991 $2,271 $4,126
1990 $2,150 $3,960
1989 $1,930 -
1988 $1,814 -
1987 $1,596 -
1986 $1,472 -
1985 $1,342 -
1984 $1,254 -
1983 $1,144 -
1982 $1,074 -
1981 $972 -
1980 $790 -
1979 $687 -
1978 $592 -
1977 $484 -
1976 $324 -
1975 $331 -
1974 $331 -
1973 $306 -
1972 $282.1 -
1971 $207 -
1970 $192.3 -
1969 $175.2 -
1968 $163.1 -
1967 $170 -
1966 $174.9 -
1965 $166.2 -
1964 $164.4 -
1963 $154.9 -
1962 $166.5 -
1961 $163 -
1960 $154.8 -

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

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

Saint Vincent has a GDP per capita of $11,501, ranking 81/197, a GDP per capita based on purchasing power parity (PPP) of $21,272, ranking 92/197, and a median annual after tax income of $12,573, ranking 63/197.

Saint Vincent GDP rankings by year

GDP
GDP per capita
GDP per capita, PPP
1x
Year Rank
GDP GDP per capita GDP per capita, PPP
2024 175 76 86
2023 182 81 90
2022 182 81 91
2021 182 80 90
2020 185 77 85
2019 185 83 93
2018 185 83 93
2017 186 82 96
2016 185 80 91
2015 186 83 96
2014 187 88 96
2013 186 90 95
2012 187 89 94
2011 188 90 95
2010 186 85 95
2009 186 84 92
2008 184 83 93
2007 181 78 93
2006 181 77 90
2005 180 75 90
2004 180 72 90
2003 179 68 87
2002 178 62 88
2001 179 66 94
2000 178 73 91
1999 179 73 89
1998 176 74 89
1997 179 78 88
1996 175 77 86
1995 174 76 86
1994 172 75 89
1993 170 72 86
1992 168 71 91
1991 167 72 96
1990 167 77 94
1989 152 74 -
1988 152 76 -
1987 150 77 -
1986 145 75 -
1985 145 77 -
1984 144 80 -
1983 143 87 -
1982 145 89 -
1981 145 93 -
1980 145 99 -
1979 137 98 -
1978 136 98 -
1977 136 105 -
1976 137 113 -
1975 138 113 -
1974 136 105 -
1973 134 101 -
1972 133 97 -
1971 134 108 -
1970 133 109 -
1969 119 90 -
1968 120 94 -
1967 120 88 -
1966 116 83 -
1965 115 83 -
1964 112 79 -
1963 112 76 -
1962 111 74 -
1961 109 72 -
1960 107 73 -

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

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

Compared with 2000, in 2024 Saint Vincent is ranked 175th out of 182 by GDP (up from 178th), 76th by GDP per capita (down from 73rd), and 86th by GDP per capita PPP (up from 91st).

Economic indicators

Saint Vincent Rank
Gross domestic product
$1.16B
2024
186/197
GDP growth
4.06%
2023-2024
63/194
GDP per capita
$11,501
2024
81/197
GDP per capita, PPP
$21,272
2024
92/197
Government debt
$1.07B
2024
170/185
Debt-to-GDP ratio
92.7%
2024
29/185
Government debt per person
$10,659
2024
56/185
Average annual personal income after taxes
$12,573
2026
63/197
Government expenditure, % of GDP
39.1%
2024
55/195
Consumer prices inflation
3.63%
2023-2024
79/195
Unemployment rate
18.8%
2008
12/196
Population
99237
184/197

Government spending, deficit, and debt by year

Spending
Debt
Deficit/surplus
1x
Year % of GDP
Government spending Government debt Government deficit/surplus
2024 39.1% 92.7% -12.9%
2023 38.9% 89.4% -12%
2022 36.6% 86.3% -9.35%
2021 37.2% 88.4% -7.19%
2020 32.9% 80.2% -5.92%
2019 29.2% 68.2% -3.45%
2018 26.3% 69.4% -1.65%
2017 26.6% 69% -1.56%
2016 27.1% 79.4% 0.04%
2015 27.6% 75.1% -2.01%
2014 30.4% 75% -2.82%
2013 29.4% 69.9% -5.81%
2012 26.5% 68.1% -1.81%
2011 29.4% 64% -3.5%
2010 31.1% 61.1% -3.7%
2009 31% 57.2% -2.85%
2008 28.4% 50.3% -1.3%
2007 27.1% 48.5% -3.07%
2006 26.1% 44.7% -3.13%
2005 26.7% 50.5% -4.3%
2004 24.9% 58.6% -2.71%
2003 26% 55.3% -2.51%
2002 25.7% 53.2% -2%
2001 24.4% 52% -1.6%
2000 23.8% 54.3% -0.82%
1999 25.2% 52.9% -1.93%
1998 25.2% 39.5% -1.81%
1997 26% 38.8% -2.77%
1996 20.9% 40.7% 1.57%
1995 19.9% 46.8% 1.08%
1994 22.4% 52.8% 0.12%
1993 22.3% 48.1% -1.46%
1992 25.4% 49.6% -3.25%
1991 25.5% 52.1% -0.47%
1990 23.1% 53.9% 1.69%
1989 27.6% - -1.92%
1988 24.8% - 0.59%
1987 23.7% - 1.1%
1986 22.3% - 2.32%
1985 21.4% - 4.23%
1984 23.1% - 2.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1984–1989, retrieved 2026-02-20).

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

This chart shows Saint Vincent's government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 41 years, Saint Vincent recorded a fiscal deficit in 31 of them, with an average annual deficit equal to 2.35% of GDP. In 2024, government spending reached $453M (39.1% of GDP), with a deficit of 12.9%.

The national debt reached $1.07B, ranking 170th out of 185 countries by total size, with a debt-to-GDP ratio of 92.7%, ranking 29th.

Inflation rate by year

1x
Year Inflation
2024 3.63%
2023 4.56%
2022 5.66%
2021 1.57%
2020 -0.63%
2019 0.91%
2018 2.32%
2017 2.15%
2016 -0.15%
2015 -1.73%
2014 0.19%
2013 0.81%
2012 2.6%
2011 3.19%
2010 0.75%
2009 0.42%
2008 10.1%
2007 7.24%
2006 2.74%
2005 3.73%
2004 2.96%
2003 0.21%
2002 1.86%
2001 0.9%
2000 0.17%
1999 1.01%
1998 2.14%
1997 0.44%
1996 4.41%
1995 1.74%
1994 1.01%
1993 4.29%
1992 3.46%
1991 5.49%
1990 7.61%
1989 2.83%
1988 0.23%
1987 3.31%
1986 1.03%
1985 2.14%
1984 2.7%
1983 5.46%
1982 7.23%
1981 12.7%
1980 17.2%
1979 15.6%
1978 8.43%
1977 10.2%
1976 11.3%
1975 6.8%

Data sources: World Bank | Economy & Growth (1975–2024, retrieved 2026-04-06).

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

Over the past 20 years, Saint Vincent has had an average annual inflation rate of 2.5%. In 2024, inflation was 3.63%. The bar chart above shows consumer price inflation by year.

Balance of trade

Saint Vincent Rank
Current account balance
-$157M
2024
93/190
Current account balance, % of GDP
-13.5%
2024
168/190
Goods imports
$445M
2024
174/189
Goods exports
$59.2M
2024
178/189
Service imports
$196M
2024
175/189
Service exports
$366M
2024
154/189
Exports of goods and services, % of GDP
15.3%
2025
166/193

Saint Vincent top 10 trading partners

Saint Vincent's biggest trading partner accounting for 41.7% of all exports and imports is the United States, with a trade balance between the two of -$198M: Saint Vincent exports $4.59M worth of goods and services to the United States and imports $202M.

Below is the list of the top 10 trade partners of Saint Vincent.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 United States $207M 41.7% $4.59M $202M Animal & marine products Machinery & equipment
2 Trinidad $42.6M 8.58% $2.36M $40.2M Raw agricultural goods Processed food, beverages & tobacco
3 United Kingdom $34.8M 7.01% $441K $34.3M Raw agricultural goods Machinery & equipment
4 China $33.6M 6.78% $0 $33.6M Animal & marine products Machinery & equipment
5 Barbados $15.3M 3.08% $8.5M $6.8M Processed food, beverages & tobacco Processed food, beverages & tobacco
6 Netherlands $13.6M 2.74% $261K $13.3M Machinery & equipment Metals
7 Japan $10.3M 2.08% $36K $10.3M Machinery & equipment Machinery & equipment
8 Saint Lucia $9.46M 1.91% $6.16M $3.29M Processed food, beverages & tobacco Machinery & equipment
9 Saint Kitts $9.01M 1.82% $5.44M $3.57M Processed food, beverages & tobacco Processed food, beverages & tobacco
10 Turkey $8.3M 1.67% $1.66M $6.64M Machinery & equipment Metals

Top 10 exports

Saint Vincent Rank
Transport & tourism services $177M 146/188
Business & finance services $26.5M 152/188
Raw agricultural goods $13.8M 151/193
Processed food, beverages & tobacco $11.3M 160/192
IT & IP services $5.29M 164/183
Animal & marine products $4.51M 162/192
Machinery & equipment $4.28M 174/193
Metals $3.14M 167/192
Textiles & consumer goods $1.68M 167/193
Government & miscellaneous services $1.59M 169/180

Top 10 imports

Saint Vincent Rank
Machinery & equipment $107M 179/193
Raw materials & minerals $67.9M 178/193
Processed food, beverages & tobacco $62.7M 177/193
Transport & tourism services $62.3M 181/188
Textiles & consumer goods $49.1M 175/193
Chemicals & pharma $45.2M 178/193
Business & finance services $39.7M 170/188
Metals $39.5M 176/193
Animal & marine products $31.2M 172/193
Raw agricultural goods $25.3M 182/193

Economic freedom indices

Saint Vincent Rank
Economic freedom 60 98/197
Property rights 65.2 59/182
Government integrity 63.3 42/182
Judicial effectiveness 76.9 39/182
Tax burden 82 70/182
Government spending 56.2 131/180
Fiscal health 2.8 173/181
Business freedom 67.3 85/182
Labor freedom 60.1 52/182
Monetary freedom 77.3 47/180
Trade freedom 58.8 154/181
Investment freedom 70 42/181
Financial freedom 40 124/181

Economic freedom by year

1x
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
2026 60 76.9 82 56.2 2.8
2025 60.1 77.8 74.9 58.9 4.8
2024 59.8 77.3 76.3 61.1 4.5
2023 63.5 62.8 75.5 65.7 43.2
2022 65.7 76.9 75.5 66.9 68.5
2021 66.3 66.3 74.9 71.6 87.6
2020 66.8 62.6 72.4 73.7 89
2019 65.8 63.8 71.2 74.3 85
2018 67.7 69.2 72.7 72.7 83.4
2017 65.2 68.8 72.8 71.7 66.7
2016 68.8 - 73.8 69.7 -
2015 68 - 73.3 75.3 -
2014 67 - 73.7 72.4 -
2013 66.7 - 74.2 67.1 -
2012 66.5 - 71.5 60.7 -
2011 66.9 - 72.3 65.1 -
2010 66.9 - 72.5 64.1 -
2009 64.3 - 64.7 60.9 -

Data sources: The Heritage Foundation | Economic Freedom Index (2009–2026, retrieved 2026-03-09).

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

Saint Vincent is ranked 87/174 for economic freedom with a score of 60, compared to 57/177 and a score of 64.3 in 2009.

Other economic metrics

Saint Vincent Rank
Services, % of GDP
66.4%
2024
37/191
Industry, % of GDP
15.4%
2024
160/194
Agriculture, forestry, and fishing, % of GDP
3.55%
2024
123/193
GNI, Atlas method
$1.11B
2024
184/194
GNI per capita, PPP
$21,150
2024
87/191
Total reserves including gold
$317M
2024
167/177
Net foreign direct investment
-$74M
2024
69/189
Net inflows of foreign direct investment
$139M
2024
141/193
Net outflows of foreign direct investment
-$1.92M
2024
173/193
Servicing debt to the IMF, % of GNI
3.84%
2024
63/121

Compare Saint Vincent vs other countries

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/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 (2009–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2022–2023, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1984–1989, retrieved 2026-02-20)
  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.