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Economy of Saint Vincent vs Slovakia compared: GDP & Debt

Updated on by Georank team

Saint Vincent has a GDP of $1.16B compared to $141B for Slovakia, ranking 186/197 and 61/197 by economy size, respectively.

Saint Vincent has $1.07B in government debt (92.7% of GDP), compared to $80.7B (57.2% of GDP) in Slovakia.

Saint Vincent vs Slovakia GDP by year

Saint Vincent
Slovakia
1x
Year GDP, current $
Saint Vincent Slovakia
2024 $1,157,207,407 $140,934,076,532
2023 $1,072,237,037 $133,578,518,424
2022 $989,188,889 $115,792,972,358
2021 $888,677,778 $120,511,265,913
2020 $864,566,667 $107,732,602,896
2019 $910,481,481 $105,843,498,304
2018 $884,329,630 $106,611,673,365
2017 $844,040,741 $95,978,130,735
2016 $814,303,704 $90,347,173,229
2015 $786,555,556 $89,178,548,717
2014 $770,900,000 $101,713,075,599
2013 $764,781,259 $99,134,277,850
2012 $730,032,593 $94,724,394,278
2011 $713,796,370 $99,705,104,723
2010 $720,447,889 $91,112,160,801
2009 $714,300,259 $89,342,984,698
2008 $732,663,259 $100,830,060,553
2007 $713,596,667 $86,587,749,518
2006 $643,501,148 $70,751,813,443
2005 $579,948,926 $62,547,753,148
2004 $549,900,185 $57,215,475,076
2003 $509,090,889 $46,616,149,117
2002 $487,763,852 $35,243,658,399
2001 $462,072,333 $30,726,659,551
2000 $427,946,037 $29,215,726,005
1999 $390,718,519 $30,496,272,225
1998 $373,618,519 $29,976,207,629
1997 $347,770,370 $27,844,628,979
1996 $331,488,889 $28,197,790,875
1995 $316,007,407 $26,180,022,222
1994 $289,437,037 $20,428,139,756
1993 $286,307,407 $16,737,973,764
1992 $277,955,556 $15,699,327,209
1991 $254,829,630 $14,459,924,589
1990 $240,366,667 $12,915,046,978
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Saint Vincent vs Slovakia by year

Saint Vincent
GDP per capita

GDP per capita, PPP
Slovakia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Saint Vincent Slovakia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $11,501 $21,272 $25,993 $48,132
2023 $10,582 $19,820 $24,615 $45,974
2022 $9,694 $18,035 $21,318 $41,562
2021 $8,641 $16,201 $22,123 $38,346
2020 $8,351 $15,337 $19,735 $35,328
2019 $8,741 $15,340 $19,406 $33,986
2018 $8,428 $14,690 $19,573 $31,510
2017 $7,988 $13,575 $17,646 $30,246
2016 $7,657 $13,493 $16,636 $29,868
2015 $7,354 $12,379 $16,442 $30,148
2014 $7,169 $12,136 $18,771 $29,108
2013 $7,072 $11,625 $18,313 $28,075
2012 $6,714 $10,989 $17,517 $27,023
2011 $6,528 $10,774 $18,469 $26,202
2010 $6,552 $10,561 $16,899 $25,382
2009 $6,464 $10,869 $16,587 $23,077
2008 $6,599 $10,902 $18,744 $23,714
2007 $6,398 $10,604 $16,110 $21,232
2006 $5,745 $9,949 $13,168 $18,906
2005 $5,157 $8,986 $11,642 $16,570
2004 $4,873 $8,472 $10,650 $15,166
2003 $4,500 $7,903 $8,675 $14,088
2002 $4,303 $7,250 $6,555 $13,292
2001 $4,071 $6,768 $5,712 $12,367
2000 $3,769 $6,503 $5,422 $11,370
1999 $3,447 $6,266 $5,652 $10,726
1998 $3,301 $6,026 $5,561 $10,666
1997 $3,074 $5,726 $5,172 $10,137
1996 $2,930 $5,440 $5,248 $9,500
1995 $2,795 $5,277 $4,883 $8,812
1994 $2,563 $4,802 $3,821 $8,178
1993 $2,540 $4,769 $3,143 $7,569
1992 $2,471 $4,477 $2,959 $7,270
1991 $2,271 $4,126 $2,727 $7,623
1990 $2,150 $3,960 $2,437 $8,638
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/slovakia | CC BY

Saint Vincent's GDP per capita is $11,501, ranking 81/197, compared to $25,993 in Slovakia, ranking 47/197. Adjusted for purchasing power (GDP per capita PPP), Saint Vincent ranks 92nd at $21,272, while Slovakia ranks 49th at $48,132.

Economic indicators

Saint Vincent Slovakia
Gross domestic product
$1.16B
2024
$141B
2024
GDP rank
186/197
2024
61/197
2024
GDP growth
4.06%
2023-2024
1.94%
2023-2024
GDP per capita
$11,501
2024
$25,993
2024
GDP per capita rank
81/197
2024
47/197
2024
GDP per capita, PPP
$21,272
2024
$48,132
2024
GDP per capita PPP rank
92/197
2024
49/197
2024
Government debt
$1.07B
2024
$80.7B
2024
Debt-to-GDP ratio
92.7%
2024
57.2%
2024
Government debt per person
$10,659
2024
$14,876
2024
Government debt per person rank
56/185
2024
40/185
2024
Average annual personal income after taxes
$12,573
2026
$17,983
2026
Market capitalization of domestic companies n/a
$5.38B
2014
Number of billionaires n/a
2
2025
Income share by richest 10% n/a
18.8%
2023
Income share by poorest 10% n/a
3.3%
2023
Government expenditure, % of GDP
39.1%
2024
47.1%
2024
Consumer prices inflation
3.63%
2023-2024
2.76%
2023-2024
Unemployment rate
18.8%
2008
5.34%
2024
Population
99237
5359438

Spending and national debt comparison by year

Saint Vincent
Spending

Debt
Slovakia
Spending

Debt
1x
Year % of GDP
Saint Vincent Slovakia
Government spending Government debt Government spending Government debt
2024 39.1% 92.7% 47.1% 57.2%
2023 38.9% 89.4% 48% 55.6%
2022 36.6% 86.3% 43% 57.7%
2021 37.2% 88.4% 44.9% 60.2%
2020 32.9% 80.2% 44.5% 58.4%
2019 29.2% 68.2% 40.6% 48%
2018 26.3% 69.4% 39.7% 49.3%
2017 26.6% 69% 39.8% 51.4%
2016 27.1% 79.4% 40.9% 52.1%
2015 27.6% 75.1% 44.1% 51.6%
2014 30.4% 75% 42% 53.4%
2013 29.4% 69.9% 41.1% 54.6%
2012 26.5% 68.1% 40% 51.7%
2011 29.4% 64% 40.8% 43.3%
2010 31.1% 61.1% 41% 40.7%
2009 31% 57.2% 43.2% 36.4%
2008 28.4% 50.3% 36.5% 28.6%
2007 27.1% 48.5% 35.9% 30.4%
2006 26.1% 44.7% 38.2% 31.5%
2005 26.7% 50.5% 39.1% 35%
2004 24.9% 58.6% 38.4% 42%
2003 26% 55.3% 40% 43.6%
2002 25.7% 53.2% 46% 45.6%
2001 24.4% 52% 46.2% 51.4%
2000 23.8% 54.3% 53.2% 50.6%
1999 25.2% 52.9% 48.4% 47.1%
1998 25.2% 39.5% 46.2% 33.9%
1997 26% 38.8% 48.6% 32.8%
1996 20.9% 40.7% 52.8% 30.3%
1995 19.9% 46.8% 47.8% 21.3%
1994 22.4% 52.8% - -
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 (1984–1989, retrieved 2026-02-20).

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

In 2024, Saint Vincent's government spending was $453M, accounting for 39.1% of its GDP, while Slovakia spent $66.4B, or 47.1% of GDP.

Debt-to-GDP ratio is 92.7% in Saint Vincent and 57.2% in Slovakia, ranking 29/185 and 90/185, respectively.

Government deficit by year

Deficit/surplus
Saint Vincent

Slovakia
1x
Year Deficit/surplus, % of GDP
Saint Vincent Slovakia
2024 -12.9% -5.27%
2023 -12% -5.15%
2022 -9.35% -1.16%
2021 -7.19% -5.09%
2020 -5.92% -5.3%
2019 -3.45% -1.21%
2018 -1.65% -1.01%
2017 -1.56% -0.98%
2016 0.04% -2.59%
2015 -2.01% -2.78%
2014 -2.82% -3.25%
2013 -5.81% -2.86%
2012 -1.81% -4.37%
2011 -3.5% -4.36%
2010 -3.7% -7.44%
2009 -2.85% -8.18%
2008 -1.3% -2.54%
2007 -3.07% -2.26%
2006 -3.13% -3.57%
2005 -4.3% -2.86%
2004 -2.71% -2.36%
2003 -2.51% -2.28%
2002 -2% -8.35%
2001 -1.6% -7.74%
2000 -0.82% -12.7%
1999 -1.93% -7.25%
1998 -1.81% -5.37%
1997 -2.77% -6.24%
1996 1.57% -9.72%
1995 1.08% -3.43%
1994 0.12% -
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/slovakia | 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 Slovakia's deficit of $7.43B, or 5.27% of GDP.

Over the past 30 years, Saint Vincent recorded a fiscal deficit in 27 of those years, while Slovakia ran a deficit in 30 years. On average, Saint Vincent posted an annual deficit equal to 3.39% of GDP, compared to deficit of 4.59% of GDP for Slovakia.

Inflation comparison by year

Inflation
Saint Vincent

Slovakia
1x
Year Consumer prices inflation
Saint Vincent Slovakia
2024 3.63% 2.76%
2023 4.56% 10.5%
2022 5.66% 12.8%
2021 1.57% 3.15%
2020 -0.63% 1.94%
2019 0.91% 2.66%
2018 2.32% 2.51%
2017 2.15% 1.31%
2016 -0.15% -0.52%
2015 -1.73% -0.33%
2014 0.19% -0.08%
2013 0.81% 1.4%
2012 2.6% 3.61%
2011 3.19% 3.92%
2010 0.75% 0.96%
2009 0.42% 1.62%
2008 10.1% 4.6%
2007 7.24% 2.76%
2006 2.74% 4.48%
2005 3.73% 2.71%
2004 2.96% 7.55%
2003 0.21% 8.55%
2002 1.86% 3.13%
2001 0.9% 7.33%
2000 0.17% 12%
1999 1.01% 10.6%
1998 2.14% 6.67%
1997 0.44% 6.14%

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

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

Over the past 28 years, Saint Vincent has recorded an average annual inflation rate of 2.13%, compared with 4.45% in Slovakia. In 2024, inflation was 3.63% in Saint Vincent and 2.76% in Slovakia.

Top exports between countries

Saint Vincent
Export category Export value
Slovakia
Export category Export value
Machinery & equipment $61K

Balance of trade

Saint Vincent Slovakia
Current account balance
-$157M
2024
-$6.5B
2024
Current account balance ranking
93/190
2024
171/190
2024
Current account balance, % of GDP
-13.5%
2024
-4.61%
2024
Goods imports
$445M
2024
$107B
2024
Goods exports
$59.2M
2024
$106B
2024
Service imports
$196M
2024
$13.2B
2024
Service exports
$366M
2024
$13.9B
2024
Imports of goods and services, % of GDP n/a
85.7%
2024
Exports of goods and services, % of GDP
15.3%
2025
85.5%
2024

Economic freedom indices

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

Saint Vincent Slovakia
Economic freedom 60 67.7
Economic freedom ranking 98/197 54/197
Property rights 65.2 82.6
Government integrity 63.3 57.2
Judicial effectiveness 76.9 70.5
Tax burden 82 75.4
Government spending 56.2 36.4
Fiscal health 2.8 69.6
Business freedom 67.3 71.1
Labor freedom 60.1 55.1
Monetary freedom 77.3 69.7
Trade freedom 58.8 79.4
Investment freedom 70 75
Financial freedom 40 70

Economic freedom comparison by year

Saint Vincent
Slovakia
1x
Year Economic freedom index
Saint Vincent Slovakia
2026 60 67.7
2025 60.1 68.4
2024 59.8 68.1
2023 63.5 69
2022 65.7 69.7
2021 66.3 66.3
2020 66.8 66.8
2019 65.8 65
2018 67.7 65.3
2017 65.2 65.7
2016 68.8 66.6
2015 68 67.2
2014 67 66.4
2013 66.7 68.7
2012 66.5 67
2011 66.9 69.5
2010 66.9 69.7
2009 64.3 69.4
2008 - 70
2007 - 69.6
2006 - 69.8
2005 - 66.8
2004 - 64.6
2003 - 59
2002 - 59.8
2001 - 58.5
2000 - 53.8
1999 - 54.2
1998 - 57.5
1997 - 55.5
1996 - 57.6
1995 - 60.4

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

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

The Economic Freedom Index for Saint Vincent is 60, ranking 98/197, compared to 67.7 for Slovakia, ranking 54/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Saint Vincent Slovakia
Services, % of GDP
66.4%
2024
60%
2024
Industry, % of GDP
15.4%
2024
28.9%
2024
Agriculture, forestry, and fishing, % of GDP
3.55%
2024
1.58%
2024
GNI, Atlas method
$1.11B
2024
$128B
2024
GNI per capita, PPP
$21,150
2024
$47,040
2024
Total reserves including gold
$317M
2024
$14.5B
2024
Total reserves ranking
167/177
2024
68/177
2024
Net foreign direct investment
-$74M
2024
-$2.77B
2024
Net inflows of foreign direct investment
$139M
2024
$5.01B
2024
Net outflows of foreign direct investment
-$1.92M
2024
$2.24B
2024
Servicing debt to the IMF, % of GNI
3.84%
2024
n/a
Poverty at national poverty lines n/a
13.7%
2021
Gross capital formation, % of GDP n/a
20.1%
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/slovakia | 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. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1984–1989, 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.