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Economy of Saint Vincent vs Senegal compared: GDP & Debt

Updated on by Georank team

Saint Vincent has a GDP of $1.16B compared to $32.8B for Senegal, ranking 186/197 and 109/197 by economy size, respectively.

Saint Vincent has $1.07B in government debt (92.7% of GDP), compared to $42.1B (128.4% of GDP) in Senegal.

Saint Vincent vs Senegal GDP by year

Saint Vincent
Senegal
1x
Year GDP, current $
Saint Vincent Senegal
2024 $1,157,207,407 $32,808,056,601
2023 $1,072,237,037 $30,696,331,296
2022 $989,188,889 $27,783,332,223
2021 $888,677,778 $27,520,784,130
2020 $864,566,667 $24,530,513,038
2019 $910,481,481 $23,403,995,992
2018 $884,329,630 $23,116,701,556
2017 $844,040,741 $20,996,562,944
2016 $814,303,704 $19,040,312,333
2015 $786,555,556 $17,774,766,696
2014 $770,900,000 $19,797,253,440
2013 $764,781,259 $18,918,667,725
2012 $730,032,593 $17,660,870,412
2011 $713,796,370 $17,814,283,639
2010 $720,447,889 $16,121,315,909
2009 $714,300,259 $16,145,867,495
2008 $732,663,259 $16,853,989,628
2007 $713,596,667 $13,994,218,413
2006 $643,501,148 $11,697,918,243
2005 $579,948,926 $11,009,033,438
2004 $549,900,185 $10,076,816,667
2003 $509,090,889 $8,768,721,563
2002 $487,763,852 $7,006,402,320
2001 $462,072,333 $6,507,824,829
2000 $427,946,037 $6,013,185,004
1999 $390,718,519 $6,592,834,933
1998 $373,618,519 $6,505,607,909
1997 $347,770,370 $6,041,478,726
1996 $331,488,889 $6,559,712,166
1995 $316,007,407 $6,326,342,633
1994 $289,437,037 $5,034,588,196
1993 $286,307,407 $7,367,986,241
1992 $277,955,556 $7,769,817,840
1991 $254,829,630 $7,255,210,470
1990 $240,366,667 $7,390,967,360
1989 $214,745,002 $6,366,039,373
1988 $200,726,713 $6,418,419,389
1987 $175,580,647 $6,487,353,103
1986 $160,846,657 $5,392,093,446
1985 $145,641,705 $3,818,944,918
1984 $135,024,988 $3,485,165,432
1983 $122,255,350 $3,569,356,125
1982 $113,759,203 $4,013,951,443
1981 $102,086,539 $4,095,892,781
1980 $82,340,340 $4,510,108,291
1979 $71,096,360 $4,084,877,823
1978 $60,844,771 $3,280,354,921
1977 $49,353,162 $2,938,046,463
1976 $32,792,845 $2,869,777,884
1975 $33,237,226 $2,830,388,405
1974 $32,923,703 $2,099,325,229
1973 $30,165,081 $1,863,398,590
1972 $27,585,805 $1,620,857,104
1971 $20,051,922 $1,339,549,033
1970 $18,450,000 $1,297,407,655
1969 $16,650,000 $1,245,234,931
1968 $15,350,000 $1,309,384,862
1967 $15,835,106 $1,246,480,766
1966 $16,099,960 $1,246,908,186
1965 $15,108,296 $1,210,058,228
1964 $14,758,296 $1,188,930,645
1963 $13,708,299 $1,122,139,862
1962 $14,524,964 $1,085,475,791
1961 $13,999,965 $1,058,975,257
1960 $13,066,634 $1,003,692,370

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

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

GDP per capita in Saint Vincent vs Senegal by year

Saint Vincent
GDP per capita

GDP per capita, PPP
Senegal
GDP per capita

GDP per capita, PPP
1x
Year Current $
Saint Vincent Senegal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $11,501 $21,272 $1,773 $5,071
2023 $10,582 $19,820 $1,698 $4,778
2022 $9,694 $18,035 $1,574 $4,530
2021 $8,641 $16,201 $1,598 $4,174
2020 $8,351 $15,337 $1,461 $3,753
2019 $8,741 $15,340 $1,431 $3,648
2018 $8,428 $14,690 $1,453 $3,380
2017 $7,988 $13,575 $1,357 $3,234
2016 $7,657 $13,493 $1,266 $3,101
2015 $7,354 $12,379 $1,218 $2,994
2014 $7,169 $12,136 $1,399 $2,854
2013 $7,072 $11,625 $1,380 $2,769
2012 $6,714 $10,989 $1,327 $2,764
2011 $6,528 $10,774 $1,375 $2,685
2010 $6,552 $10,561 $1,276 $2,663
2009 $6,464 $10,869 $1,309 $2,606
2008 $6,599 $10,902 $1,399 $2,581
2007 $6,398 $10,604 $1,189 $2,499
2006 $5,745 $9,949 $1,017 $2,422
2005 $5,157 $8,986 $980 $2,350
2004 $4,873 $8,472 $918 $2,236
2003 $4,500 $7,903 $818 $2,131
2002 $4,303 $7,250 $669 $2,027
2001 $4,071 $6,768 $637 $2,044
2000 $3,769 $6,503 $603 $1,963
1999 $3,447 $6,266 $678 $1,893
1998 $3,301 $6,026 $685 $1,798
1997 $3,074 $5,726 $651 $1,719
1996 $2,930 $5,440 $723 $1,679
1995 $2,795 $5,277 $715 $1,656
1994 $2,563 $4,802 $584 $1,578
1993 $2,540 $4,769 $878 $1,588
1992 $2,471 $4,477 $951 $1,573
1991 $2,271 $4,126 $913 $1,561
1990 $2,150 $3,960 $957 $1,513
1989 $1,930 - $849 -
1988 $1,814 - $880 -
1987 $1,596 - $916 -
1986 $1,472 - $784 -
1985 $1,342 - $571 -
1984 $1,254 - $536 -
1983 $1,144 - $564 -
1982 $1,074 - $652 -
1981 $972 - $683 -
1980 $790 - $772 -
1979 $687 - $716 -
1978 $592 - $589 -
1977 $484 - $540 -
1976 $324 - $541 -
1975 $331 - $547 -
1974 $331 - $417 -
1973 $306 - $381 -
1972 $282.1 - $342 -
1971 $207 - $291.1 -
1970 $192.3 - $290.5 -
1969 $175.2 - $287.3 -
1968 $163.1 - $311 -
1967 $170 - $305 -
1966 $174.9 - $315 -
1965 $166.2 - $314 -
1964 $164.4 - $318 -
1963 $154.9 - $309 -
1962 $166.5 - $307 -
1961 $163 - $308 -
1960 $154.8 - $300 -

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

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

Saint Vincent's GDP per capita is $11,501, ranking 81/197, compared to $1,773 in Senegal, ranking 159/197. Adjusted for purchasing power (GDP per capita PPP), Saint Vincent ranks 92nd at $21,272, while Senegal ranks 158th at $5,071.

Economic indicators

Saint Vincent Senegal
Gross domestic product
$1.16B
2024
$32.8B
2024
GDP rank
186/197
2024
109/197
2024
GDP growth
4.06%
2023-2024
6.06%
2023-2024
GDP per capita
$11,501
2024
$1,773
2024
GDP per capita rank
81/197
2024
159/197
2024
GDP per capita, PPP
$21,272
2024
$5,071
2024
GDP per capita PPP rank
92/197
2024
158/197
2024
Government debt
$1.07B
2024
$42.1B
2024
Debt-to-GDP ratio
92.7%
2024
128.4%
2024
Government debt per person
$10,659
2024
$2,277
2024
Government debt per person rank
56/185
2024
115/185
2024
Average annual personal income after taxes
$12,573
2026
$2,194
2026
Income share by richest 10% n/a
28.8%
2021
Income share by poorest 10% n/a
3%
2021
Government expenditure, % of GDP
39.1%
2024
33.5%
2024
Consumer prices inflation
3.63%
2023-2024
0.8%
2023-2024
Unemployment rate
18.8%
2008
5.78%
2024
Population
99237
19491599

Spending and national debt comparison by year

Saint Vincent
Spending

Debt
Senegal
Spending

Debt
1x
Year % of GDP
Saint Vincent Senegal
Government spending Government debt Government spending Government debt
2024 39.1% 92.7% 33.5% 128.4%
2023 38.9% 89.4% 35.5% 118.4%
2022 36.6% 86.3% 36.2% 105%
2021 37.2% 88.4% 33.6% 98.6%
2020 32.9% 80.2% 29.6% 90.2%
2019 29.2% 68.2% 34.3% 81.5%
2018 26.3% 69.4% 22.6% 61.5%
2017 26.6% 69% 22.5% 61.1%
2016 27.1% 79.4% 24% 47.5%
2015 27.6% 75.1% 22.9% 44.5%
2014 30.4% 75% 23.1% 42.4%
2013 29.4% 69.9% 22.1% 36.9%
2012 26.5% 68.1% 23% 34.5%
2011 29.4% 64% 23.3% 32.9%
2010 31.1% 61.1% 21.7% 34.6%
2009 31% 57.2% 21.1% 29.9%
2008 28.4% 50.3% 20.9% 19.1%
2007 27.1% 48.5% 22.2% 19%
2006 26.1% 44.7% 21.3% 17.5%
2005 26.7% 50.5% 18.7% 36.1%
2004 24.9% 58.6% 18.1% 38%
2003 26% 55.3% 17.1% 42.9%
2002 25.7% 53.2% 15.5% 52%
2001 24.4% 52% 15.7% 53.2%
2000 23.8% 54.3% 14% 57.5%
1999 25.2% 52.9% 14.6% 15%
1998 25.2% 39.5% 13.5% 18.8%
1997 26% 38.8% 14.1% 67.8%
1996 20.9% 40.7% 15.4% 0.07%
1995 19.9% 46.8% 14.4% 65.3%
1994 22.4% 52.8% 15.9% 77.3%
1993 22.3% 48.1% - -
1992 25.4% 49.6% - -
1991 25.5% 52.1% - -
1990 23.1% 53.9% - -
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1984–1995, retrieved 2026-02-20).

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

In 2024, Saint Vincent's government spending was $453M, accounting for 39.1% of its GDP, while Senegal spent $11B, or 33.5% of GDP.

Debt-to-GDP ratio is 92.7% in Saint Vincent and 128.4% in Senegal, ranking 29/185 and 11/185, respectively.

Government deficit by year

Deficit/surplus
Saint Vincent

Senegal
1x
Year Deficit/surplus, % of GDP
Saint Vincent Senegal
2024 -12.9% -13.4%
2023 -12% -14.8%
2022 -9.35% -16.1%
2021 -7.19% -13.7%
2020 -5.92% -9.64%
2019 -3.45% -13.9%
2018 -1.65% -3.66%
2017 -1.56% -2.97%
2016 0.04% -3.27%
2015 -2.01% -3.66%
2014 -2.82% -3.9%
2013 -5.81% -4.34%
2012 -1.81% -4.18%
2011 -3.5% -4.92%
2010 -3.7% -3.94%
2009 -2.85% -3.66%
2008 -1.3% -3.53%
2007 -3.07% -2.8%
2006 -3.13% -3.67%
2005 -4.3% -0.26%
2004 -2.71% 0.18%
2003 -2.51% -0.52%
2002 -2% 0.19%
2001 -1.6% -1.44%
2000 -0.82% 0.78%
1999 -1.93% -0.62%
1998 -1.81% 0.93%
1997 -2.77% 0.98%
1996 1.57% 0.92%
1995 1.08% 2.41%
1994 0.12% 5.9%
1993 -1.46% -
1992 -3.25% -
1991 -0.47% -
1990 1.69% -
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1984–1989, retrieved 2026-02-20).

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

In 2024, Saint Vincent's government deficit, the difference between spending and revenue, was $149M, equivalent to 12.9% of GDP. This compares to Senegal's deficit of $4.4B, or 13.4% of GDP.

Over the past 31 years, Saint Vincent recorded a fiscal deficit in 27 of those years, while Senegal ran a deficit in 23 years. On average, Saint Vincent posted an annual deficit equal to 3.28% of GDP, compared to deficit of 3.89% of GDP for Senegal.

Inflation comparison by year

Inflation
Saint Vincent

Senegal
1x
Year Consumer prices inflation
Saint Vincent Senegal
2024 3.63% 0.8%
2023 4.56% 5.94%
2022 5.66% 9.7%
2021 1.57% 2.18%
2020 -0.63% 2.54%
2019 0.91% 1.76%
2018 2.32% 0.46%
2017 2.15% 1.32%
2016 -0.15% 0.84%
2015 -1.73% 0.14%
2014 0.19% -1.09%
2013 0.81% 0.71%
2012 2.6% 1.42%
2011 3.19% 3.4%
2010 0.75% 1.23%
2009 0.42% -2.25%
2008 10.1% 7.35%
2007 7.24% 5.85%
2006 2.74% 2.11%
2005 3.73% 1.71%
2004 2.96% 0.51%
2003 0.21% -0.05%
2002 1.86% 2.34%
2001 0.9% 2.97%
2000 0.17% 0.73%
1999 1.01% 0.83%
1998 2.14% 1.16%
1997 0.44% 1.75%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Saint Vincent has recorded an average annual inflation rate of 2.13%, compared with 2.01% in Senegal. In 2024, inflation was 3.63% in Saint Vincent and 0.8% in Senegal.

Top exports between countries

Saint Vincent
Export category Export value
Senegal
Export category Export value
Metals $134K

Balance of trade

Saint Vincent Senegal
Current account balance
-$157M
2024
-$6.07B
2023
Current account balance ranking
93/190
2024
170/190
2023
Current account balance, % of GDP
-13.5%
2024
-19.8%
2023
Goods imports
$445M
2024
$10.8B
2023
Goods exports
$59.2M
2024
$5.52B
2023
Service imports
$196M
2024
$4.08B
2023
Service exports
$366M
2024
$1.48B
2023
Imports of goods and services, % of GDP n/a
43.4%
2024
Exports of goods and services, % of GDP
15.3%
2025
24.7%
2024

Economic freedom indices

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

Saint Vincent Senegal
Economic freedom 60 53.2
Economic freedom ranking 98/197 140/197
Property rights 65.2 57.4
Government integrity 63.3 47.3
Judicial effectiveness 76.9 50.5
Tax burden 82 68.8
Government spending 56.2 63.1
Fiscal health 2.8 0
Business freedom 67.3 55.2
Labor freedom 60.1 54.4
Monetary freedom 77.3 74.3
Trade freedom 58.8 67
Investment freedom 70 60
Financial freedom 40 40

Economic freedom comparison by year

Saint Vincent
Senegal
1x
Year Economic freedom index
Saint Vincent Senegal
2026 60 53.2
2025 60.1 56.4
2024 59.8 55.4
2023 63.5 57.7
2022 65.7 60
2021 66.3 58
2020 66.8 58
2019 65.8 56.3
2018 67.7 55.7
2017 65.2 55.9
2016 68.8 58.1
2015 68 57.8
2014 67 55.4
2013 66.7 55.5
2012 66.5 55.4
2011 66.9 55.7
2010 66.9 54.6
2009 64.3 56.3
2008 - 58.3
2007 - 58.1
2006 - 56.2
2005 - 57.9
2004 - 58.9
2003 - 58.1
2002 - 58.6
2001 - 58.7
2000 - 58.9
1999 - 60.6
1998 - 59.7
1997 - 58.1
1996 - 58.2

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Saint Vincent is 60, ranking 98/197, compared to 53.2 for Senegal, ranking 140/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Saint Vincent Senegal
Services, % of GDP
66.4%
2024
48.4%
2024
Industry, % of GDP
15.4%
2024
25%
2024
Agriculture, forestry, and fishing, % of GDP
3.55%
2024
16.6%
2024
GNI, Atlas method
$1.11B
2024
$31.1B
2024
GNI per capita, PPP
$21,150
2024
$4,920
2024
Total reserves including gold
$317M
2024
n/a
Total reserves ranking
167/177
2024
n/a
Net foreign direct investment
-$74M
2024
-$4.72B
2023
Net inflows of foreign direct investment
$139M
2024
$2.02B
2024
Net outflows of foreign direct investment
-$1.92M
2024
$48.1M
2024
Servicing debt to the IMF, % of GNI
3.84%
2024
10.8%
2024
Poverty at national poverty lines n/a
37.5%
2021
Gross capital formation, % of GDP n/a
37.5%
2024

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/senegal | 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 (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1984–1995, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2023, retrieved 2026-02-08)

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.