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Economy of Saint Vincent vs Thailand compared: GDP & Debt

Updated on by Georank

Saint Vincent has a GDP of $1.26B compared to $577B for Thailand, ranking 187/197 and 30/197 by economy size, respectively.

Saint Vincent has $1.42B in government debt (113.4% of GDP), compared to $373B (64.7% of GDP) in Thailand.

Saint Vincent vs Thailand GDP by year

Saint Vincent
Thailand
1x
Year GDP, current $
Saint Vincent Thailand
2025 $1,255,222,222 $577,009,981,112
2024 $1,157,207,407 $529,385,520,942
2023 $1,072,237,037 $517,013,369,475
2022 $989,188,889 $495,691,837,308
2021 $888,677,778 $506,049,783,825
2020 $864,566,667 $500,274,927,779
2019 $910,481,481 $543,976,691,794
2018 $884,329,630 $506,754,208,404
2017 $844,040,741 $456,356,813,537
2016 $814,303,704 $413,366,349,748
2015 $786,555,556 $401,296,238,228
2014 $770,900,000 $407,339,040,198
2013 $764,781,259 $420,333,654,593
2012 $730,032,593 $397,558,325,279
2011 $713,796,370 $370,818,739,624
2010 $720,447,889 $341,104,766,329
2009 $714,300,259 $281,710,630,187
2008 $732,663,259 $291,382,982,431
2007 $713,596,667 $262,942,621,455
2006 $643,501,148 $221,758,296,022
2005 $579,948,926 $189,318,408,469
2004 $549,900,185 $172,895,685,155
2003 $509,090,889 $152,280,615,246
2002 $487,763,852 $134,300,904,400
2001 $462,072,333 $120,296,476,180
2000 $427,946,037 $126,392,224,254
1999 $390,718,519 $126,669,211,779
1998 $373,618,519 $113,675,596,788
1997 $347,770,370 $150,180,456,566
1996 $331,488,889 $183,035,237,429
1995 $316,007,407 $169,278,916,593
1994 $289,437,037 $146,683,778,959
1993 $286,307,407 $128,889,262,951
1992 $277,955,556 $111,452,746,518
1991 $254,829,630 $98,234,714,971
1990 $240,366,667 $85,343,190,719
1989 $214,745,002 $72,250,748,100
1988 $200,726,713 $61,667,253,471
1987 $175,580,647 $50,535,446,555
1986 $160,846,657 $43,096,773,981
1985 $145,641,705 $38,900,711,333
1984 $135,024,988 $41,797,647,776
1983 $122,255,350 $40,042,798,388
1982 $113,759,203 $36,589,772,404
1981 $102,086,539 $34,846,039,194
1980 $82,340,340 $32,353,514,989
1979 $71,096,360 $27,371,650,825
1978 $60,844,771 $24,006,566,637
1977 $49,353,162 $19,779,312,261
1976 $32,792,845 $16,985,208,648
1975 $33,237,226 $14,882,770,594
1974 $32,923,703 $13,702,998,512
1973 $30,165,081 $10,838,587,358
1972 $27,585,805 $8,177,873,151
1971 $20,051,922 $7,375,000,024
1970 $18,450,000 $7,086,538,438
1969 $16,650,000 $6,695,336,567
1968 $15,350,000 $6,081,009,428
1967 $15,835,106 $5,638,461,442
1966 $16,099,960 $5,279,230,817
1965 $15,108,296 $4,388,937,649
1964 $14,758,296 $3,889,129,942
1963 $13,708,299 $3,540,403,457
1962 $14,524,964 $3,308,912,797
1961 $13,999,965 $3,034,037,811
1960 $13,066,634 $2,760,750,861

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

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

GDP per capita in Saint Vincent vs Thailand by year

Saint Vincent
GDP per capita

GDP per capita, PPP
Thailand
GDP per capita

GDP per capita, PPP
1x
Year Current $
Saint Vincent Thailand
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $12,562 - $8,057 -
2024 $11,501 $21,272 $7,387 $24,712
2023 $10,582 $19,820 $7,211 $23,519
2022 $9,694 $18,035 $6,910 $22,243
2021 $8,641 $16,201 $7,055 $20,243
2020 $8,351 $15,337 $6,983 $19,164
2019 $8,741 $15,340 $7,606 $19,963
2018 $8,428 $14,690 $7,100 $18,876
2017 $7,988 $13,575 $6,413 $17,573
2016 $7,657 $13,493 $5,834 $16,671
2015 $7,354 $12,379 $5,689 $15,791
2014 $7,169 $12,136 $5,801 $15,365
2013 $7,072 $11,625 $6,018 $15,216
2012 $6,714 $10,989 $5,726 $14,617
2011 $6,528 $10,774 $5,374 $13,227
2010 $6,552 $10,561 $4,974 $12,932
2009 $6,464 $10,869 $4,135 $11,964
2008 $6,599 $10,902 $4,309 $12,062
2007 $6,398 $10,604 $3,919 $11,723
2006 $5,745 $9,949 $3,331 $10,912
2005 $5,157 $8,986 $2,868 $10,169
2004 $4,873 $8,472 $2,642 $9,545
2003 $4,500 $7,903 $2,348 $8,824
2002 $4,303 $7,250 $2,090 $8,148
2001 $4,071 $6,768 $1,890 $7,632
2000 $3,769 $6,503 $2,006 $7,289
1999 $3,447 $6,266 $2,033 $6,901
1998 $3,301 $6,026 $1,848 $6,590
1997 $3,074 $5,726 $2,473 $7,148
1996 $2,930 $5,440 $3,055 $7,322
1995 $2,795 $5,277 $2,864 $6,901
1994 $2,563 $4,802 $2,518 $6,341
1993 $2,540 $4,769 $2,245 $5,834
1992 $2,471 $4,477 $1,972 $5,347
1991 $2,271 $4,126 $1,766 $4,914
1990 $2,150 $3,960 $1,559 $4,451
1989 $1,930 - $1,342 -
1988 $1,814 - $1,164 -
1987 $1,596 - $970 -
1986 $1,472 - $842 -
1985 $1,342 - $774 -
1984 $1,254 - $847 -
1983 $1,144 - $827 -
1982 $1,074 - $770 -
1981 $972 - $748 -
1980 $790 - $709 -
1979 $687 - $612 -
1978 $592 - $548 -
1977 $484 - $462 -
1976 $324 - $405 -
1975 $331 - $364 -
1974 $331 - $343 -
1973 $306 - $278.3 -
1972 $282.1 - $215.6 -
1971 $207 - $199.7 -
1970 $192.3 - $197.1 -
1969 $175.2 - $191.4 -
1968 $163.1 - $178.8 -
1967 $170 - $170.7 -
1966 $174.9 - $164.5 -
1965 $166.2 - $140.9 -
1964 $164.4 - $128.6 -
1963 $154.9 - $120.7 -
1962 $166.5 - $116.2 -
1961 $163 - $109.7 -
1960 $154.8 - $102.8 -

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

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

Saint Vincent's GDP per capita is $12,562, ranking 81/197, compared to $8,057 in Thailand, ranking 97/197. Adjusted for purchasing power (GDP per capita PPP), Saint Vincent ranks 92nd at $21,272, while Thailand ranks 85th at $24,712.

Economic indicators

Saint Vincent Thailand
Gross domestic product
$1.26B
2025
$577B
2025
GDP rank
187/197
2025
30/197
2025
GDP growth
3.39%
2024-2025
2.44%
2024-2025
GDP per capita
$12,562
2025
$8,057
2025
GDP per capita rank
81/197
2025
97/197
2025
GDP per capita, PPP
$21,272
2024
$24,712
2024
GDP per capita PPP rank
92/197
2024
85/197
2024
Government debt
$1.42B
2025
$373B
2025
Debt-to-GDP ratio
113.4%
2025
64.7%
2025
Government debt per person
$14,247
2025
$5,211
2025
Government debt per person rank
46/185
2025
83/185
2025
Average annual personal income after taxes
$12,810
2026
$7,438
2026
Market capitalization of domestic companies n/a
$512B
2025
Number of millionaires n/a
100,001
2024
Number of billionaires n/a
25
2026
Income share by richest 10% n/a
26%
2024
Income share by poorest 10% n/a
3.4%
2024
Government expenditure, % of GDP
41%
2025
23%
2025
Consumer prices inflation
0.82%
2024-2025
-0.13%
2024-2025
Central bank interest rate n/a
1.5%
2025
Unemployment rate
18.8%
2008
0.6%
2025
Population
99243
71565981

Spending and national debt comparison by year

Saint Vincent
Spending

Debt
Thailand
Spending

Debt
1x
Year % of GDP
Saint Vincent Thailand
Government spending Government debt Government spending Government debt
2025 41% 113.4% 23% 64.7%
2024 43.9% 102.8% 22.6% 62.9%
2023 39.7% 91.3% 22.7% 62.2%
2022 36.6% 88.6% 24.7% 60.5%
2021 37.2% 88.3% 26.8% 58.4%
2020 32.9% 81.7% 24.9% 49.4%
2019 29.1% 68% 20.6% 41.1%
2018 26.3% 69.3% 21.2% 41.9%
2017 26.6% 69.5% 21.6% 41.8%
2016 27.1% 78.1% 21.4% 41.7%
2015 27.6% 76% 22.3% 42.6%
2014 30.4% 75.1% 22.2% 43.3%
2013 29.5% 70% 21.6% 42.2%
2012 26.3% 67.8% 22.3% 41.9%
2011 29.4% 64% 21.1% 39.1%
2010 31.1% 61.1% 22% 39.8%
2009 31% 57.2% 21.7% 42.4%
2008 28.3% 50.2% 19.2% 34.9%
2007 27.1% 48.4% 20% 36%
2006 26.1% 44.7% 18.7% 39.2%
2005 26.7% 50.5% 19.6% 45.5%
2004 24.9% 58.5% 19.3% 46.3%
2003 26% 55.3% 18.3% 47.5%
2002 25.7% 53.2% 25.7% 54.9%
2001 24.4% 51.9% 20.8% 57.5%
2000 23.8% 54.2% 19.3% 57.8%
1999 25.5% 53.4% 26.5% 56.6%
1998 25.4% 39.9% 23.9% 49.9%
1997 26.4% 39.3% 21.6% 40.5%
1996 21.2% 41.2% 18% 15.2%
1995 20.3% 47.6% 17.2% 5.12%
1994 23% 54.2% 16% 6.69%
1993 22.8% 49.3% 18.8% 9.14%
1992 25.9% 50.7% 17.8% 11.4%
1991 26.2% 53.5% 17% 14.1%
1990 23.7% 55.3% 16.6% 18%
1989 27.6% - 16.5% 23.7%
1988 24.8% - 15.1% 30.3%
1987 23.7% - 17.5% 38.8%
1986 22.3% - 19.5% 40.1%
1985 21.4% - 20.5% 36.8%
1984 23.1% - 19.3% 30.6%
1983 - - 19.5% 28.9%
1982 - - 20.2% 27.1%
1981 - - 19.1% 24.4%
1980 - - 18.7% 22.1%
1979 - - 16.9% 23.7%
1978 - - 16.6% 22.8%
1977 - - 16.1% 22.4%
1976 - - 15.6% 22%
1975 - - 14.2% 15.8%
1974 - - 13.2% 16.3%
1973 - - 15.9% 21.2%
1972 - - 18.5% 26.8%
1971 - - 18.8% 21.5%
1970 - - 17.6% 18.5%
1969 - - 15.9% 17.7%
1968 - - 16% 15.5%
1967 - - 15.5% 15%
1966 - - 14.7% 14.4%
1965 - - 14.7% 14.8%
1964 - - 13.3% 13.3%
1963 - - 12% 12.6%
1962 - - 11.9% 13.4%
1961 - - 9.58% 12.9%
1960 - - 12.1% 14.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1995, retrieved 2026-07-08).

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

In 2025, Saint Vincent's government spending was $515M, accounting for 41% of its GDP, while Thailand spent $133B, or 23% of GDP.

Debt-to-GDP ratio is 113.4% in Saint Vincent and 64.7% in Thailand, ranking 15/185 and 67/185, respectively.

Government deficit by year

Deficit/surplus
Saint Vincent

Thailand
1x
Year Deficit/surplus, % of GDP
Saint Vincent Thailand
2025 -12.3% -1.91%
2024 -16% -1.29%
2023 -12.5% -1.91%
2022 -9.35% -4.61%
2021 -7.19% -6.72%
2020 -5.92% -4.47%
2019 -3.45% 0.43%
2018 -1.65% 0.2%
2017 -1.56% -0.51%
2016 0.04% 0.41%
2015 -2.01% 0.19%
2014 -2.82% -0.7%
2013 -5.82% 0.6%
2012 -1.8% -0.86%
2011 -3.5% 0.09%
2010 -3.69% -1.07%
2009 -2.85% -2.21%
2008 -1.29% 0.8%
2007 -3.07% 0.22%
2006 -3.12% 1.87%
2005 -4.3% 2.17%
2004 -2.71% 1.11%
2003 -2.51% 1.98%
2002 -2% -6.72%
2001 -1.6% -1.77%
2000 -0.82% -1.79%
1999 -1.95% -9.02%
1998 -1.82% -6.29%
1997 -2.81% -1.68%
1996 1.58% 2.75%
1995 1.1% 3.05%
1994 0.12% 2.78%
1993 -1.5% 6.67%
1992 -3.32% -0.18%
1991 -0.49% 1.6%
1990 1.73% 1.41%
1989 -1.92% 0.16%
1988 0.59% 0.58%
1987 1.1% -2.38%
1986 2.32% -4.32%
1985 4.23% -5.11%
1984 2.5% -3.85%
1983 - -4.02%
1982 - -6.18%
1981 - -4.07%
1980 - -4.41%
1979 - -3.62%
1978 - -3.31%
1977 - -2.91%
1976 - -3.35%
1975 - -1.73%
1974 - 1.29%
1973 - -2.7%
1972 - -4.81%
1971 - -5.47%
1970 - -3.73%
1969 - -2.53%
1968 - -2.79%
1967 - -2.1%
1966 - -1.13%
1965 - -1.05%
1964 - -1.01%
1963 - -0.81%
1962 - -0.27%
1961 - 0.05%
1960 - 0.48%
1959 - -1.15%
1958 - -0.91%
1957 - -1.31%
1956 - -1.38%
1955 - -1.65%
1954 - -3.46%
1953 - -3.56%
1952 - -2.4%
1951 - -3.54%
1950 - -0.7%
1949 - 0.7%
1948 - -0.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1948–1994, retrieved 2026-07-08).

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

In 2025, Saint Vincent's government deficit, the difference between spending and revenue, was $155M, equivalent to 12.3% of GDP. This compares to Thailand's deficit of $11B, or 1.91% of GDP.

Over the past 42 years, Saint Vincent recorded a fiscal deficit in 32 of those years, while Thailand ran a deficit in 22 years. On average, Saint Vincent posted an annual deficit equal to 2.68% of GDP, compared to deficit of 0.96% of GDP for Thailand.

Inflation comparison by year

Inflation
Saint Vincent

Thailand
1x
Year Consumer prices inflation
Saint Vincent Thailand
2025 0.82% -0.13%
2024 3.63% 0.4%
2023 4.56% 1.23%
2022 5.66% 6.08%
2021 1.57% 1.23%
2020 -0.63% -0.85%
2019 0.91% 0.71%
2018 2.32% 1.07%
2017 2.15% 0.66%
2016 -0.15% 0.19%
2015 -1.73% -0.9%
2014 0.19% 1.89%
2013 0.81% 2.19%
2012 2.6% 3.01%
2011 3.19% 3.81%
2010 0.75% 3.25%
2009 0.42% -0.85%
2008 10.1% 5.47%
2007 7.24% 2.24%
2006 2.74% 4.64%
2005 3.73% 4.54%
2004 2.96% 2.76%
2003 0.21% 1.8%
2002 1.86% 0.7%
2001 0.9% 1.63%
2000 0.17% 1.59%
1999 1.01% 0.28%
1998 2.14% 7.99%
1997 0.44% 5.63%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Saint Vincent has recorded an average annual inflation rate of 2.09%, compared with 2.15% in Thailand. In 2025, inflation was 0.82% in Saint Vincent and -0.13% in Thailand.

Top exports between countries

Saint Vincent
Export category Export value
Wood & paper products $1K
Thailand
Export category Export value
Machinery & equipment $1.64M
Processed food, beverages & tobacco $281K
Metals $141K
Textiles & consumer goods $100K
Chemicals & pharma $47K
Animal & marine products $37K
Precious metals & jewellery $5K
Wood & paper products $2K

Balance of trade

Saint Vincent Thailand
Current account balance
-$202M
2025
$15.9B
2025
Current account balance ranking
92/190
2025
20/190
2025
Current account balance, % of GDP
-16.1%
2025
+2.76%
2025
Goods imports
$458M
2025
$312B
2025
Goods exports
$52M
2025
$335B
2025
Service imports
$213M
2025
$77.2B
2025
Service exports
$382M
2025
$76.2B
2025
Imports of goods and services, % of GDP n/a
67.3%
2025
Exports of goods and services, % of GDP
15.3%
2026
71.1%
2025

Economic freedom indices

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

Saint Vincent Thailand
Economic freedom 60 62.2
Economic freedom ranking 98/197 88/197
Property rights 65.2 41.8
Government integrity 63.3 38.9
Judicial effectiveness 76.9 35
Tax burden 82 80.8
Government spending 56.2 83.6
Fiscal health 2.8 81
Business freedom 67.3 69.9
Labor freedom 60.1 56.4
Monetary freedom 77.3 73.3
Trade freedom 58.8 70.2
Investment freedom 70 55
Financial freedom 40 60

Economic freedom comparison by year

Saint Vincent
Thailand
1x
Year Economic freedom index
Saint Vincent Thailand
2026 60 62.2
2025 60.1 60.6
2024 59.8 59
2023 63.5 60.6
2022 65.7 63.2
2021 66.3 69.7
2020 66.8 69.4
2019 65.8 68.3
2018 67.7 67.1
2017 65.2 66.2
2016 68.8 63.9
2015 68 62.4
2014 67 63.3
2013 66.7 64.1
2012 66.5 64.9
2011 66.9 64.7
2010 66.9 64.1
2009 64.3 63
2008 - 62.3
2007 - 63.5
2006 - 63.3
2005 - 62.5
2004 - 63.7
2003 - 65.8
2002 - 69.1
2001 - 68.9
2000 - 66.6
1999 - 66.9
1998 - 67.3
1997 - 66.1
1996 - 71
1995 - 71.3

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Saint Vincent is 60, ranking 98/197, compared to 62.2 for Thailand, ranking 88/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Saint Vincent Thailand
Services, % of GDP
66.4%
2025
60.2%
2025
Industry, % of GDP
15.1%
2025
31.1%
2025
Agriculture, forestry, and fishing, % of GDP
3.44%
2025
8.75%
2025
GNI, Atlas method
$1.2B
2025
$551B
2025
GNI per capita, PPP
$22,340
2025
$25,570
2025
Total reserves including gold
$281M
2025
$282B
2025
Total reserves ranking
168/177
2025
15/177
2025
Net foreign direct investment
-$113M
2025
-$9.51B
2025
Net inflows of foreign direct investment
$139M
2024
$14.3B
2024
Net outflows of foreign direct investment
-$1.92M
2024
$7.36B
2024
Servicing debt to the IMF, % of GNI
3.78%
2024
3.51%
2024
Poverty at national poverty lines n/a
5.4%
2022
Gross capital formation, % of GDP n/a
22.1%
2025

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/thailand | 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. International Monetary Fund (IMF) | Public Finances in Modern History (1948–1995, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2020–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. 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.