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Economy of Saint Vincent vs San Marino compared: GDP & Debt

Updated on by Georank

Saint Vincent has a GDP of $1.26B compared to $2.03B for San Marino, ranking 187/197 and 180/197 by economy size, respectively.

Saint Vincent has $1.42B in government debt (113.4% of GDP), compared to $1.39B (60.6% of GDP) in San Marino.

Saint Vincent vs San Marino GDP by year

Saint Vincent
San Marino
1x
Year GDP, current $
Saint Vincent San Marino
2025 $1,255,222,222 -
2024 $1,157,207,407 -
2023 $1,072,237,037 $2,027,243,194
2022 $989,188,889 $1,831,701,023
2021 $888,677,778 $1,855,395,712
2020 $864,566,667 $1,544,713,785
2019 $910,481,481 $1,616,231,696
2018 $884,329,630 $1,655,354,329
2017 $844,040,741 $1,528,621,193
2016 $814,303,704 $1,468,342,400
2015 $786,555,556 $1,419,400,396
2014 $770,900,000 $1,673,910,988
2013 $764,781,259 $1,678,741,202
2012 $730,032,593 $1,604,701,051
2011 $713,796,370 $1,813,717,695
2010 $720,447,889 $1,881,191,950
2009 $714,300,259 $2,064,277,984
2008 $732,663,259 $2,403,214,436
2007 $713,596,667 $2,188,653,429
2006 $643,501,148 $1,909,765,811
2005 $579,948,926 $1,786,513,631
2004 $549,900,185 $1,715,341,295
2003 $509,090,889 $1,462,590,387
2002 $487,763,852 $1,148,872,076
2001 $462,072,333 $1,059,529,731
2000 $427,946,037 $1,007,661,291
1999 $390,718,519 $1,109,473,282
1998 $373,618,519 $1,048,316,226
1997 $347,770,370 $976,606,911
1996 $331,488,889 -
1995 $316,007,407 -
1994 $289,437,037 -
1993 $286,307,407 -
1992 $277,955,556 -
1991 $254,829,630 -
1990 $240,366,667 -
1989 $214,745,002 -
1988 $200,726,713 -
1987 $175,580,647 -
1986 $160,846,657 -
1985 $145,641,705 -
1984 $135,024,988 -
1983 $122,255,350 -
1982 $113,759,203 -
1981 $102,086,539 -
1980 $82,340,340 -
1979 $71,096,360 -
1978 $60,844,771 -
1977 $49,353,162 -
1976 $32,792,845 -
1975 $33,237,226 -
1974 $32,923,703 -
1973 $30,165,081 -
1972 $27,585,805 -
1971 $20,051,922 -
1970 $18,450,000 -
1969 $16,650,000 -
1968 $15,350,000 -
1967 $15,835,106 -
1966 $16,099,960 -
1965 $15,108,296 -
1964 $14,758,296 -
1963 $13,708,299 -
1962 $14,524,964 -
1961 $13,999,965 -
1960 $13,066,634 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Saint Vincent vs San Marino by year

Saint Vincent
GDP per capita

GDP per capita, PPP
San Marino
GDP per capita

GDP per capita, PPP
1x
Year Current $
Saint Vincent San Marino
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $12,562 - - -
2024 $11,501 $21,272 - -
2023 $10,582 $19,820 $59,871 $78,745
2022 $9,694 $18,035 $54,265 $75,941
2021 $8,641 $16,201 $54,169 $64,745
2020 $8,351 $15,337 $44,427 $55,207
2019 $8,741 $15,340 $46,627 $57,444
2018 $8,428 $14,690 $47,951 $54,461
2017 $7,988 $13,575 $45,192 $52,463
2016 $7,657 $13,493 $44,359 $53,033
2015 $7,354 $12,379 $43,147 $52,247
2014 $7,169 $12,136 $51,260 $52,909
2013 $7,072 $11,625 $50,808 $50,770
2012 $6,714 $10,989 $47,946 $51,274
2011 $6,528 $10,774 $55,601 $56,240
2010 $6,552 $10,561 $56,543 $58,926
2009 $6,464 $10,869 $62,429 $61,970
2008 $6,599 $10,902 $75,902 $71,724
2007 $6,398 $10,604 $70,124 $71,744
2006 $5,745 $9,949 $63,271 $67,434
2005 $5,157 $8,986 $59,878 $63,739
2004 $4,873 $8,472 $58,232 $61,114
2003 $4,500 $7,903 $52,530 $60,224
2002 $4,303 $7,250 $41,791 $57,584
2001 $4,071 $6,768 $39,035 $57,252
2000 $3,769 $6,503 $37,601 $53,713
1999 $3,447 $6,266 $41,932 $52,064
1998 $3,301 $6,026 $40,127 $47,679
1997 $3,074 $5,726 $37,853 $44,426
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 (1960–2025, retrieved 2026-07-08).

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

Saint Vincent's GDP per capita is $12,562, ranking 81/197, compared to $59,871 in San Marino, ranking 20/197. Adjusted for purchasing power (GDP per capita PPP), Saint Vincent ranks 92nd at $21,272, while San Marino ranks 17th at $78,745.

Economic indicators

Saint Vincent San Marino
Gross domestic product
$1.26B
2025
$2.03B
2023
GDP rank
187/197
2025
180/197
2023
GDP growth
3.39%
2024-2025
0.4%
2022-2023
GDP per capita
$12,562
2025
$59,871
2023
GDP per capita rank
81/197
2025
20/197
2023
GDP per capita, PPP
$21,272
2024
$78,745
2023
GDP per capita PPP rank
92/197
2024
17/197
2023
Government debt
$1.42B
2025
$1.39B
2023
Debt-to-GDP ratio
113.4%
2025
60.6%
2025
Government debt per person
$14,247
2025
$40,914
2023
Government debt per person rank
46/185
2025
17/185
2023
Average annual personal income after taxes
$12,810
2026
$46,440
2026
Government expenditure, % of GDP
41%
2025
22%
2025
Consumer prices inflation
0.82%
2024-2025
2.3%
2024-2025
Unemployment rate
18.8%
2008
4.92%
2022
Population
99243
34159

Spending and national debt comparison by year

Saint Vincent
Spending

Debt
San Marino
Spending

Debt
1x
Year % of GDP
Saint Vincent San Marino
Government spending Government debt Government spending Government debt
2025 41% 113.4% 22% 60.6%
2024 43.9% 102.8% 20.9% 62.9%
2023 39.7% 91.3% 21.7% 68.3%
2022 36.6% 88.6% 21.7% 70.6%
2021 37.2% 88.3% 37.1% 77.2%
2020 32.9% 81.7% 59.2% 69.8%
2019 29.1% 68% 22.4% 56.2%
2018 26.3% 69.3% 24.5% 56.7%
2017 26.6% 69.5% 25.6% 56.6%
2016 27.1% 78.1% 23.4% 21.4%
2015 27.6% 76% 26.3% 19.3%
2014 30.4% 75.1% 23.7% 21%
2013 29.5% 70% 30.2% 23.2%
2012 26.3% 67.8% 30.6% 17.2%
2011 29.4% 64% 25.4% 16.6%
2010 31.1% 61.1% 24.4% 20%
2009 31% 57.2% 24.8% 20.1%
2008 28.3% 50.2% 22% 15.5%
2007 27.1% 48.4% 20.7% 12.6%
2006 26.1% 44.7% 19.7% 14.2%
2005 26.7% 50.5% 19.3% 14.5%
2004 24.9% 58.5% 19% 16.9%
2003 26% 55.3% - 16.1%
2002 25.7% 53.2% - 17.2%
2001 24.4% 51.9% - 11.6%
2000 23.8% 54.2% - -
1999 25.5% 53.4% - -
1998 25.4% 39.9% - -
1997 26.4% 39.3% - -
1996 21.2% 41.2% - -
1995 20.3% 47.6% - -
1994 23% 54.2% - -
1993 22.8% 49.3% - -
1992 25.9% 50.7% - -
1991 26.2% 53.5% - -
1990 23.7% 55.3% - -
1989 27.6% - - -
1988 24.8% - - -
1987 23.7% - - -
1986 22.3% - - -
1985 21.4% - - -
1984 23.1% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1984–1989, retrieved 2026-07-08).

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

In 2025, Saint Vincent's government spending was $515M, accounting for 41% of its GDP, while San Marino spent $439M, or 22% of GDP.

Debt-to-GDP ratio is 113.4% in Saint Vincent and 60.6% in San Marino, ranking 15/185 and 75/185, respectively.

Government deficit by year

Deficit/surplus
Saint Vincent

San Marino
1x
Year Deficit/surplus, % of GDP
Saint Vincent San Marino
2025 -12.3% -1%
2024 -16% 0.39%
2023 -12.5% -0.72%
2022 -9.35% 0.42%
2021 -7.19% -16.4%
2020 -5.92% -37.6%
2019 -3.45% -0.11%
2018 -1.65% -1.56%
2017 -1.56% -3.49%
2016 0.04% -0.19%
2015 -2.01% -3.32%
2014 -2.82% 1.06%
2013 -5.82% -7.74%
2012 -1.8% -7.08%
2011 -3.5% -4.05%
2010 -3.69% -2.24%
2009 -2.85% -2.46%
2008 -1.29% 0.18%
2007 -3.07% 1.83%
2006 -3.12% 1.51%
2005 -4.3% 3.58%
2004 -2.71% 2.44%
2003 -2.51% -
2002 -2% -
2001 -1.6% -
2000 -0.82% -
1999 -1.95% -
1998 -1.82% -
1997 -2.81% -
1996 1.58% -
1995 1.1% -
1994 0.12% -
1993 -1.5% -
1992 -3.32% -
1991 -0.49% -
1990 1.73% -
1989 -1.92% -
1988 0.59% -
1987 1.1% -
1986 2.32% -
1985 4.23% -
1984 2.5% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1984–1989, retrieved 2026-07-08).

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

In 2023, Saint Vincent's government deficit, the difference between spending and revenue, was $134M, equivalent to 12.5% of GDP. This compares to San Marino's deficit of $14.7M, or 0.72% of GDP.

Over the past 20 years, Saint Vincent recorded a fiscal deficit in 19 of those years, while San Marino ran a deficit in 13 years. On average, Saint Vincent posted an annual deficit equal to 3.93% of GDP, compared to deficit of 3.8% of GDP for San Marino.

Inflation comparison by year

Inflation
Saint Vincent

San Marino
1x
Year Consumer prices inflation
Saint Vincent San Marino
2025 0.82% 2.3%
2024 3.63% 1.2%
2023 4.56% 5.9%
2022 5.66% 5.3%
2021 1.57% 1.6%
2020 -0.63% -0.1%
2019 0.91% 0.5%
2018 2.32% 1.2%
2017 2.15% 1%
2016 -0.15% 0.6%
2015 -1.73% 0.1%
2014 0.19% 1.1%
2013 0.81% 1.6%
2012 2.6% 2.8%
2011 3.19% 2.2%
2010 0.75% 2.4%
2009 0.42% 2.4%
2008 10.1% 4.1%
2007 7.24% 2.5%
2006 2.74% 2.1%
2005 3.73% 1.7%
2004 2.96% 1.4%
2003 0.21% 1.3%
2002 1.86% -
2001 0.9% -
2000 0.17% -
1999 1.01% -
1998 2.14% -
1997 0.44% -

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2003–2025, retrieved 2026-07-08).

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

Over the past 23 years, Saint Vincent has recorded an average annual inflation rate of 2.35%, compared with 1.97% in San Marino. In 2025, inflation was 0.82% in Saint Vincent and 2.3% in San Marino.

Balance of trade

Saint Vincent San Marino
Current account balance
-$202M
2025
$446M
2023
Current account balance ranking
92/190
2025
60/190
2023
Current account balance, % of GDP
-16.1%
2025
+22%
2023
Goods imports
$458M
2025
$2.25B
2023
Goods exports
$52M
2025
$2.53B
2023
Service imports
$213M
2025
$894M
2023
Service exports
$382M
2025
$1.25B
2023
Imports of goods and services, % of GDP n/a
155%
2023
Exports of goods and services, % of GDP
15.3%
2026
186%
2023

Economic freedom indices

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

Saint Vincent San Marino
Economic freedom 60 76
Economic freedom ranking 98/197 16/197
Property rights 65.2 n/a
Government integrity 63.3 n/a
Judicial effectiveness 76.9 n/a
Tax burden 82 n/a
Government spending 56.2 n/a
Fiscal health 2.8 n/a
Business freedom 67.3 n/a
Labor freedom 60.1 n/a
Monetary freedom 77.3 n/a
Trade freedom 58.8 n/a
Investment freedom 70 n/a
Financial freedom 40 n/a

Other economic metrics

Saint Vincent San Marino
Services, % of GDP
66.4%
2025
56.9%
2023
Industry, % of GDP
15.1%
2025
35.8%
2023
Agriculture, forestry, and fishing, % of GDP
3.44%
2025
0.02%
2023
GNI, Atlas method
$1.2B
2025
$1.83B
2023
GNI per capita, PPP
$22,340
2025
$71,920
2023
Total reserves including gold
$281M
2025
$861M
2025
Total reserves ranking
168/177
2025
144/177
2025
Net foreign direct investment
-$113M
2025
$52.7M
2023
Net inflows of foreign direct investment
$139M
2024
-$18.1M
2023
Net outflows of foreign direct investment
-$1.92M
2024
$0
2024
Servicing debt to the IMF, % of GNI
3.78%
2024
n/a
Gross capital formation, % of GDP n/a
16.6%
2023

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. International Monetary Fund (IMF) | Public Finances in Modern History (1984–1989, retrieved 2026-07-08)
  5. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.