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Economy of Saint Vincent vs Uzbekistan compared: GDP & Debt

Updated on by Georank team

Saint Vincent has a GDP of $1.16B compared to $115B for Uzbekistan, ranking 186/197 and 66/197 by economy size, respectively.

Saint Vincent has $1.07B in government debt (93.5% of GDP), compared to $37.5B (33% of GDP) in Uzbekistan.

The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.

Saint Vincent
GDP, current $

GDP, constant 2015 $
Uzbekistan
GDP, current $

GDP, constant 2015 $
Year GDP
Saint Vincent Uzbekistan
Current $ Constant $ Current $ Constant $
1960 $13,066,634 $159,183,504 - -
1961 $13,999,965 $166,390,193 - -
1962 $14,524,964 $172,537,082 - -
1963 $13,708,299 $161,727,050 - -
1964 $14,758,296 $167,661,989 - -
1965 $15,108,296 $169,145,688 - -
1966 $16,099,960 $169,145,688 - -
1967 $15,835,106 $153,036,568 - -
1968 $15,350,000 $162,998,799 - -
1969 $16,650,000 $167,661,942 - -
1970 $18,450,000 $185,678,709 - -
1971 $20,051,922 $191,189,747 - -
1972 $27,585,805 $240,576,905 - -
1973 $30,165,081 $213,869,657 - -
1974 $32,923,703 $195,005,088 - -
1975 $33,237,226 $180,167,718 - -
1976 $32,792,845 $198,863,398 - -
1977 $49,353,162 $225,171,854 - -
1978 $60,844,771 $247,187,974 - -
1979 $71,096,360 $255,548,407 - -
1980 $82,340,340 $261,790,740 - -
1981 $102,086,539 $273,869,514 - -
1982 $113,759,203 $286,130,239 - -
1983 $122,255,350 $292,335,248 - -
1984 $135,024,988 $311,589,438 - -
1985 $145,641,705 $330,843,628 - -
1986 $160,846,657 $349,370,013 - -
1987 $175,580,647 $350,900,271 $8,523,160,593 $28,089,418,035
1988 $200,726,713 $400,288,412 $10,722,799,639 $30,656,392,613
1989 $214,745,002 $405,914,910 $11,948,815,258 $31,604,071,830
1990 $240,366,667 $422,757,077 $13,362,340,338 $32,109,736,981
1991 $254,829,630 $427,557,802 $13,800,167,712 $31,951,757,074
1992 $277,955,556 $454,827,185 $12,953,801,760 $28,373,160,282
1993 $286,307,407 $474,160,664 $13,099,920,056 $27,720,577,595
1994 $289,437,037 $468,244,924 $12,899,074,922 $26,279,107,562
1995 $316,007,407 $504,611,870 $13,350,461,265 $26,042,595,592
1996 $331,488,889 $511,110,827 $13,948,892,216 $26,485,319,718
1997 $347,770,370 $529,026,033 $14,744,603,774 $27,862,556,343
1998 $373,618,519 $550,664,228 $14,988,971,211 $29,060,646,266
1999 $390,718,519 $565,588,940 $17,078,465,982 $30,310,254,055
2000 $427,946,037 $574,859,123 $13,760,513,969 $31,472,652,299
2001 $462,072,333 $584,908,989 $11,401,421,329 $32,783,122,633
2002 $487,763,852 $616,155,570 $9,687,788,513 $34,085,756,140
2003 $509,090,889 $657,384,614 $10,134,453,435 $35,528,479,188
2004 $549,900,185 $684,434,011 $12,030,023,548 $38,174,995,818
2005 $579,948,926 $701,466,543 $14,307,509,839 $40,828,160,774
2006 $643,501,148 $750,547,640 $17,330,833,853 $43,870,437,889
2007 $713,596,667 $775,488,103 $22,311,393,928 $48,026,286,798
2008 $732,663,259 $778,626,044 $29,549,438,884 $52,362,657,564
2009 $714,300,259 $767,895,070 $33,689,223,673 $56,578,340,213
2010 $720,447,889 $733,566,567 $49,765,676,402 $60,876,691,748
2011 $713,796,370 $729,119,124 $60,178,909,297 $65,457,747,965
2012 $730,032,593 $737,643,344 $67,517,349,212 $70,106,848,439
2013 $764,781,259 $755,807,695 $73,180,037,915 $75,222,229,948
2014 $770,900,000 $765,257,214 $80,845,385,809 $80,392,884,506
2015 $786,555,556 $786,555,556 $86,196,264,755 $86,196,264,755
2016 $814,303,704 $819,165,612 $86,138,288,644 $91,309,557,165
2017 $844,040,741 $831,033,934 $69,703,222,283 $95,322,862,969
2018 $884,329,630 $857,424,343 $58,695,899,092 $100,622,047,496
2019 $910,481,481 $863,155,611 $67,293,639,798 $107,444,145,840
2020 $864,566,667 $826,308,151 $66,443,265,418 $109,123,866,128
2021 $888,677,778 $843,606,096 $77,340,060,003 $117,891,622,987
2022 $989,188,889 $869,849,273 $90,095,926,567 $124,966,702,851
2023 $1,072,237,037 $916,180,618 $102,641,879,249 $132,828,878,428
2024 $1,157,207,407 $953,394,362 $114,965,293,467 $141,462,755,525

Economic indicators

Saint Vincent Uzbekistan
Gross domestic product
$1.16B
2024
$115B
2024
GDP rank
186/197
2024
66/197
2024
GDP growth
7.92%
2023-2024
12%
2023-2024
GDP per capita
$11,501
2024
$3,162
2024
GDP per capita rank
82/197
2024
139/197
2024
GDP per capita, PPP
$21,272
2024
$11,879
2024
Government debt
$1.07B
2024
$37.5B
2024
Debt-to-GDP ratio
93.5%
2025
33%
2025
Government debt per person
$10,661
2024
$1,032
2024
Government debt per person rank
56/185
2024
142/185
2024
Average annual personal income after taxes
$14,935
2025
$3,203
2025
Market capitalization of domestic companies n/a
$18.8B
2024
Income share by richest 10% n/a
25.7%
2024
Income share by poorest 10% n/a
2.3%
2024
Government expenditure, % of GDP
36.4%
2025
27.8%
2025
Consumer prices inflation
3.63%
2023-2024
9.1%
2024-2025
Central bank interest rate n/a
14%
2025
Unemployment rate
18.8%
2008
5.29%
2020
Population
99920
37592263

GDP per capita in Saint Vincent vs Uzbekistan

Saint Vincent's GDP per capita is $11,501, ranking 82/197, compared to $3,162 in Uzbekistan, ranking 139/197. Adjusted for purchasing power (GDP per capita PPP), Saint Vincent ranks 92nd at $21,272, while Uzbekistan ranks 123rd at $11,879.

Saint Vincent
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
Year Current $
Saint Vincent Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
1960 $154.8 - - -
1961 $163 - - -
1962 $166.5 - - -
1963 $154.9 - - -
1964 $164.4 - - -
1965 $166.2 - - -
1966 $174.9 - - -
1967 $170 - - -
1968 $163.1 - - -
1969 $175.2 - - -
1970 $192.3 - - -
1971 $207 - - -
1972 $282.1 - - -
1973 $306 - - -
1974 $331 - - -
1975 $331 - - -
1976 $324 - - -
1977 $484 - - -
1978 $592 - - -
1979 $687 - - -
1980 $790 - - -
1981 $972 - - -
1982 $1,074 - - -
1983 $1,144 - - -
1984 $1,254 - - -
1985 $1,342 - - -
1986 $1,472 - - -
1987 $1,596 - $450 -
1988 $1,814 - $551 -
1989 $1,930 - $598 -
1990 $2,150 $3,960 $653 $2,665
1991 $2,271 $4,126 $658 $2,676
1992 $2,471 $4,477 $603 $2,371
1993 $2,540 $4,769 $596 $2,318
1994 $2,563 $4,802 $574 $2,197
1995 $2,795 $5,277 $583 $2,178
1996 $2,930 $5,440 $597 $2,214
1997 $3,074 $5,726 $621 $2,329
1998 $3,301 $6,026 $621 $2,418
1999 $3,447 $6,266 $698 $2,522
2000 $3,769 $6,503 $555 $2,644
2001 $4,071 $6,768 $454 $2,782
2002 $4,303 $7,250 $381 $2,902
2003 $4,500 $7,903 $394 $3,047
2004 $4,873 $8,472 $462 $3,321
2005 $5,157 $8,986 $543 $3,618
2006 $5,745 $9,949 $649 $3,956
2007 $6,398 $10,604 $824 $4,386
2008 $6,599 $10,902 $1,075 $4,800
2009 $6,464 $10,869 $1,206 $5,135
2010 $6,552 $10,561 $1,753 $5,505
2011 $6,528 $10,774 $2,088 $5,949
2012 $6,714 $10,989 $2,307 $6,168
2013 $7,072 $11,625 $2,462 $6,413
2014 $7,169 $12,136 $2,675 $6,610
2015 $7,354 $12,379 $2,803 $6,800
2016 $7,657 $13,493 $2,753 $6,919
2017 $7,988 $13,575 $2,191 $7,818
2018 $8,428 $14,690 $1,813 $8,129
2019 $8,741 $15,340 $2,041 $8,544
2020 $8,351 $15,337 $1,978 $8,452
2021 $8,641 $16,201 $2,259 $9,248
2022 $9,694 $18,035 $2,579 $10,293
2023 $10,582 $19,820 $2,879 $11,107
2024 $11,501 $21,272 $3,162 $11,879

Spending and national debt comparison

In 2024, Saint Vincent's government spending was $453M, accounting for 36.4% of its GDP, while Uzbekistan's spent $31.9B, or 27.8% of GDP.

Debt-to-GDP ratio is 93.5% in Saint Vincent and 33% in Uzbekistan, ranking 27/185 and 155/185, respectively.

Saint Vincent
Government spending

Government debt
Uzbekistan
Government spending

Government debt
Year % of GDP
Saint Vincent Uzbekistan
Government spending Government debt Government spending Government debt
1984 23.1% - - -
1985 21.4% - - -
1986 22.3% - - -
1987 23.7% - - -
1988 24.8% - - -
1989 27.6% - - -
1990 23.1% 53.9% - -
1991 25.5% 52.1% - -
1992 25.4% 49.6% 18% -
1993 22.3% 48.1% 39.6% -
1994 22.4% 52.8% 27.1% -
1995 19.9% 46.8% 29.4% -
1996 20.9% 40.7% 35.1% -
1997 26% 38.8% 31.8% 15.3%
1998 25.2% 39.5% 35.1% 18%
1999 25.2% 52.9% 33.6% 18.4%
2000 23.8% 54.3% 32.9% 29.5%
2001 24.4% 52% 30.6% 44.8%
2002 25.7% 53.2% 34.6% 41.6%
2003 26% 55.3% 31.5% 31.4%
2004 24.9% 58.6% 29.4% 26.9%
2005 26.7% 50.5% 28.1% 21%
2006 26.1% 44.7% 24.7% 13.5%
2007 27.1% 48.5% 24.8% 9.56%
2008 28.4% 50.3% 26.5% 8.33%
2009 31% 57.2% 27.5% 7.3%
2010 31.1% 61.1% 26.4% 6.61%
2011 29.4% 64% 23.7% 6.33%
2012 26.5% 68.1% 23.9% 6.76%
2013 29.4% 69.9% 25.2% 6.23%
2014 30.4% 75% 24.9% 6.09%
2015 27.6% 75.1% 24.6% 6.72%
2016 27.1% 79.4% 23.3% 8.19%
2017 26.6% 69% 19.9% 17.3%
2018 26.3% 69.4% 22.2% 17.5%
2019 29.2% 68.2% 24.3% 25.4%
2020 32.9% 80% 26% 33.7%
2021 37.2% 88.4% 27.4% 31.7%
2022 36.6% 86.3% 31.4% 30.5%
2023 38.8% 89.2% 29.9% 32.2%
2024 39.1% 92.7% 27.8% 32.6%
2025 36.4% 93.5% 27.8% 33%

Government deficit by year

In 2024, Saint Vincent's government deficit, the difference between spending and revenue, was -$144M, equivalent to -12.5% of GDP. This compares to Uzbekistan's deficit of -$2.6B, or -2.26% of GDP.

Over the past 33 years, Saint Vincent recorded a fiscal deficit in 29 of those years, while Uzbekistan ran a deficit in 20 years. On average, Saint Vincent posted an annual deficit equal to -3.21% of GDP, compared to deficit of -0.86% of GDP for Uzbekistan.

Deficit/surplus
Saint Vincent

Uzbekistan
Year Deficit/surplus, % of GDP
Saint Vincent Uzbekistan
1984 2.5% -
1985 4.23% -
1986 2.32% -
1987 1.1% -
1988 0.59% -
1989 -1.92% -
1990 1.69% -
1991 -0.47% -
1992 -3.25% 7.15%
1993 -1.46% -12%
1994 0.12% -4.47%
1995 1.08% -1.77%
1996 1.57% -1.57%
1997 -2.77% -2.05%
1998 -1.81% -3.04%
1999 -1.93% -2.91%
2000 -0.82% -3.66%
2001 -1.6% -3.28%
2002 -2% -6.31%
2003 -2.51% -4.87%
2004 -2.71% -3.74%
2005 -4.3% -3.52%
2006 -3.13% 2.72%
2007 -3.07% 3.55%
2008 -1.3% 5.97%
2009 -2.85% 1.82%
2010 -3.7% 2.56%
2011 -3.5% 5.11%
2012 -1.81% 5.89%
2013 -5.81% 2.15%
2014 -2.82% 1.9%
2015 -2.01% -0.28%
2016 0.04% 0.7%
2017 -1.56% 1.04%
2018 -1.65% 1.64%
2019 -3.45% -0.26%
2020 -5.92% -2.95%
2021 -7.19% -4.1%
2022 -9.35% -3.65%
2023 -11.9% -3.98%
2024 -12.5% -2.26%
2025 -7.74% -2.27%

Inflation comparison by year

Over the past 29 years, Saint Vincent has recorded an average annual inflation rate of 2.21%, compared with 17.9% in Uzbekistan. In 2024, inflation was 3.63% in Saint Vincent and 9.1% in Uzbekistan.

Inflation
Saint Vincent

Uzbekistan
Year Inflation
Saint Vincent Uzbekistan Saint Vincent Uzbekistan
1996 4.41% 54%
1997 0.44% 70.9%
1998 2.14% 29%
1999 1.01% 29.1%
2000 0.17% 25%
2001 0.9% 27.3%
2002 1.86% 27.3%
2003 0.21% 12.5%
2004 2.96% 7.3%
2005 3.73% 10.7%
2006 2.74% 13.1%
2007 7.24% 11.2%
2008 10.1% 13.1%
2009 0.42% 12.3%
2010 0.75% 12.3%
2011 3.19% 12.4%
2012 2.6% 11.9%
2013 0.81% 11.7%
2014 0.19% 9.1%
2015 -1.73% 8.5%
2016 -0.15% 8.8%
2017 2.15% 13.9%
2018 2.32% 17.5%
2019 0.91% 14.5%
2020 -0.63% 12.9%
2021 1.57% 10.8%
2022 5.66% 11.4%
2023 4.56% 10%
2024 3.63% 9.6%
2025 - 9.1%

Balance of trade

Saint Vincent Uzbekistan
Current account balance
-$157M
2024
-$5.72B
2024
Current account balance ranking
91/189
2024
170/189
2024
Current account balance, % of GDP
-13.5%
2024
-4.97%
2024
Goods imports
$445M
2024
$33.2B
2024
Goods exports
$59.2M
2024
$19.6B
2024
Service imports
$196M
2024
$10.5B
2024
Service exports
$366M
2024
$6.55B
2024
Imports of goods and services, % of GDP n/a
38%
2024
Exports of goods and services, % of GDP
15.3%
2025
22.8%
2024

Economic freedom indices

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

Saint Vincent Uzbekistan
Economic freedom 60.1 58
Economic freedom ranking 95/197 111/197
Property rights 69 33.5
Government integrity 61.7 31.2
Judicial effectiveness 77.8 14.5
Tax burden 74.9 92.8
Government spending 58.9 73.6
Fiscal health 4.8 73.3
Business freedom 69.4 64.4
Labor freedom 59.7 47.9
Monetary freedom 76.5 64.6
Trade freedom 59 80.6
Investment freedom 70 60
Financial freedom 40 60

Economic freedom by year comparison

The Economic Freedom Index for Saint Vincent is 60.1, ranking 95/197, compared to 58 for Uzbekistan, ranking 111/197. The chart below displays a comparison of annual changes in economic freedom indexes.

Saint Vincent
Uzbekistan
Year Economic freedom index
Saint Vincent Uzbekistan
1998 - 31.5
1999 - 33.8
2000 - 38.1
2001 - 38.2
2002 - 38.5
2003 - 38.3
2004 - 39.1
2005 - 45.8
2006 - 48.7
2007 - 51.5
2008 - 51.9
2009 64.3 50.5
2010 66.9 47.5
2011 66.9 45.8
2012 66.5 45.8
2013 66.7 46
2014 67 46.5
2015 68 47
2016 68.8 46
2017 65.2 52.3
2018 67.7 51.5
2019 65.8 53.3
2020 66.8 57.2
2021 66.3 58.3
2022 65.7 55.7
2023 63.5 56.5
2024 59.8 55.9
2025 60.1 58

More economic indicators

Saint Vincent Uzbekistan
Services, % of GDP
66.4%
2024
45.2%
2024
Industry, % of GDP
15.4%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
3.55%
2024
18.3%
2024
GNI, Atlas method
$1.11B
2024
$110B
2024
GNI per capita, PPP
$21,080
2024
$12,000
2024
Total reserves including gold
$317M
2024
$41.2B
2024
Total reserves ranking
167/177
2024
50/177
2024
Net foreign direct investment
-$74M
2024
-$2.8B
2024
Net inflows of foreign direct investment
$73.8M
2024
$2.84B
2024
Net outflows of foreign direct investment
-$277K
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI
3.55%
2023
8.24%
2023
Poverty at national poverty lines n/a
8.9%
2024
Gross capital formation, % of GDP
n/a
33.3%
2024

GDP per capita map

GDP per capita

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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.