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Economy of Saint Vincent vs Zambia compared: GDP & Debt

Updated on by Georank

Saint Vincent has a GDP of $1.26B compared to $28.9B for Zambia, ranking 187/197 and 116/197 by economy size, respectively.

Saint Vincent has $1.42B in government debt (113.4% of GDP), compared to $24.8B (86% of GDP) in Zambia.

Saint Vincent vs Zambia GDP by year

Saint Vincent
Zambia
1x
Year GDP, current $
Saint Vincent Zambia
2025 $1,255,222,222 $28,879,806,220
2024 $1,157,207,407 $25,303,185,342
2023 $1,072,237,037 $27,577,956,471
2022 $989,188,889 $29,163,782,140
2021 $888,677,778 $22,096,416,932
2020 $864,566,667 $18,137,764,931
2019 $910,481,481 $23,308,667,781
2018 $884,329,630 $26,311,507,274
2017 $844,040,741 $25,873,601,261
2016 $814,303,704 $20,958,412,538
2015 $786,555,556 $21,251,216,799
2014 $770,900,000 $27,141,023,558
2013 $764,781,259 $28,037,239,463
2012 $730,032,593 $25,503,060,420
2011 $713,796,370 $23,459,515,276
2010 $720,447,889 $20,265,559,484
2009 $714,300,259 $15,328,342,304
2008 $732,663,259 $17,910,858,638
2007 $713,596,667 $14,056,957,976
2006 $643,501,148 $12,756,858,899
2005 $579,948,926 $8,331,870,169
2004 $549,900,185 $6,221,110,219
2003 $509,090,889 $4,901,869,764
2002 $487,763,852 $4,193,850,445
2001 $462,072,333 $4,094,441,301
2000 $427,946,037 $3,600,632,111
1999 $390,718,519 $3,404,284,891
1998 $373,618,519 $3,537,741,942
1997 $347,770,370 $4,303,288,480
1996 $331,488,889 $3,597,220,962
1995 $316,007,407 $3,806,983,413
1994 $289,437,037 $3,656,806,166
1993 $286,307,407 $3,273,505,344
1992 $277,955,556 $3,182,810,841
1991 $254,829,630 $3,376,806,697
1990 $240,366,667 $3,288,381,797
1989 $214,745,002 $3,994,673,161
1988 $200,726,713 $3,728,878,149
1987 $175,580,647 $2,265,250,972
1986 $160,846,657 $1,664,413,508
1985 $145,641,705 $2,252,454,500
1984 $135,024,988 $2,719,518,933
1983 $122,255,350 $3,321,048,451
1982 $113,759,203 $3,871,117,093
1981 $102,086,539 $4,008,126,497
1980 $82,340,340 $3,884,530,854
1979 $71,096,360 $3,353,445,378
1978 $60,844,771 $2,811,032,473
1977 $49,353,162 $2,515,296,940
1976 $32,792,845 $2,742,859,263
1975 $33,237,226 $2,442,672,141
1974 $32,923,703 $2,910,981,262
1973 $30,165,081 $2,434,255,237
1972 $27,585,805 $1,872,416,680
1971 $20,051,922 $1,653,259,341
1970 $18,450,000 $1,788,779,285
1969 $16,650,000 $1,926,399,230
1968 $15,350,000 $1,573,739,371
1967 $15,835,106 $1,340,639,464
1966 $16,099,960 $1,238,999,505
1965 $15,108,296 $1,061,199,576
1964 $14,758,296 $822,639,671
1963 $13,708,299 $704,339,719
1962 $14,524,964 $679,279,729
1961 $13,999,965 $682,359,727
1960 $13,066,634 $698,739,721

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

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

GDP per capita in Saint Vincent vs Zambia by year

Saint Vincent
GDP per capita

GDP per capita, PPP
Zambia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Saint Vincent Zambia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $12,562 - $1,318 -
2024 $11,501 $21,272 $1,187 $4,215
2023 $10,582 $19,820 $1,331 $4,077
2022 $9,694 $18,035 $1,447 $3,841
2021 $8,641 $16,201 $1,127 $3,503
2020 $8,351 $15,337 $952 $3,157
2019 $8,741 $15,340 $1,259 $3,361
2018 $8,428 $14,690 $1,464 $3,442
2017 $7,988 $13,575 $1,483 $3,392
2016 $7,657 $13,493 $1,239 $3,313
2015 $7,354 $12,379 $1,296 $3,337
2014 $7,169 $12,136 $1,707 $3,441
2013 $7,072 $11,625 $1,821 $3,477
2012 $6,714 $10,989 $1,710 $3,324
2011 $6,528 $10,774 $1,625 $3,228
2010 $6,552 $10,561 $1,451 $3,098
2009 $6,464 $10,869 $1,136 $2,872
2008 $6,599 $10,902 $1,376 $2,708
2007 $6,398 $10,604 $1,119 $2,555
2006 $5,745 $9,949 $1,052 $2,378
2005 $5,157 $8,986 $711 $2,213
2004 $4,873 $8,472 $549 $2,068
2003 $4,500 $7,903 $446 $1,942
2002 $4,303 $7,250 $394 $1,837
2001 $4,071 $6,768 $397 $1,785
2000 $3,769 $6,503 $359 $1,709
1999 $3,447 $6,266 $350 $1,654
1998 $3,301 $6,026 $373 $1,601
1997 $3,074 $5,726 $466 $1,631
1996 $2,930 $5,440 $400 $1,585
1995 $2,795 $5,277 $433 $1,501
1994 $2,563 $4,802 $426 $1,464
1993 $2,540 $4,769 $391 $1,607
1992 $2,471 $4,477 $389 $1,505
1991 $2,271 $4,126 $423 $1,534
1990 $2,150 $3,960 $422 $1,522
1989 $1,930 - $526 -
1988 $1,814 - $504 -
1987 $1,596 - $315 -
1986 $1,472 - $238.2 -
1985 $1,342 - $332 -
1984 $1,254 - $413 -
1983 $1,144 - $520 -
1982 $1,074 - $627 -
1981 $972 - $670 -
1980 $790 - $669 -
1979 $687 - $595 -
1978 $592 - $514 -
1977 $484 - $474 -
1976 $324 - $533 -
1975 $331 - $490 -
1974 $331 - $601 -
1973 $306 - $518 -
1972 $282.1 - $410 -
1971 $207 - $372 -
1970 $192.3 - $414 -
1969 $175.2 - $459 -
1968 $163.1 - $387 -
1967 $170 - $341 -
1966 $174.9 - $325 -
1965 $166.2 - $287.4 -
1964 $164.4 - $230 -
1963 $154.9 - $203.2 -
1962 $166.5 - $202.3 -
1961 $163 - $209.7 -
1960 $154.8 - $221.6 -

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

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

Saint Vincent's GDP per capita is $12,562, ranking 81/197, compared to $1,318 in Zambia, ranking 170/197. Adjusted for purchasing power (GDP per capita PPP), Saint Vincent ranks 92nd at $21,272, while Zambia ranks 166th at $4,215.

Economic indicators

Saint Vincent Zambia
Gross domestic product
$1.26B
2025
$28.9B
2025
GDP rank
187/197
2025
116/197
2025
GDP growth
3.39%
2024-2025
3.76%
2024-2025
GDP per capita
$12,562
2025
$1,318
2025
GDP per capita rank
81/197
2025
170/197
2025
GDP per capita, PPP
$21,272
2024
$4,215
2024
GDP per capita PPP rank
92/197
2024
166/197
2024
Government debt
$1.42B
2025
$24.8B
2025
Debt-to-GDP ratio
113.4%
2025
86%
2025
Government debt per person
$14,247
2025
$1,133
2025
Government debt per person rank
46/185
2025
140/185
2025
Average annual personal income after taxes
$12,810
2026
$1,538
2026
Market capitalization of domestic companies n/a
$14.9B
2025
Income share by richest 10% n/a
39.1%
2022
Income share by poorest 10% n/a
1.5%
2022
Government expenditure, % of GDP
41%
2025
29.7%
2025
Consumer prices inflation
0.82%
2024-2025
13.9%
2024-2025
Central bank interest rate n/a
13.3%
2026
Unemployment rate
18.8%
2008
5.67%
2024
Population
99243
22844606

Spending and national debt comparison by year

Saint Vincent
Spending

Debt
Zambia
Spending

Debt
1x
Year % of GDP
Saint Vincent Zambia
Government spending Government debt Government spending Government debt
2025 41% 113.4% 29.7% 86%
2024 43.9% 102.8% 26.5% 125.2%
2023 39.7% 91.3% 27.4% 129.1%
2022 36.6% 88.6% 28.2% 99.5%
2021 37.2% 88.3% 30.5% 111%
2020 32.9% 81.7% 34% 140%
2019 29.1% 68% 29.8% 103.3%
2018 26.3% 69.3% 27.7% 81.2%
2017 26.6% 69.5% 25% 66.6%
2016 27.1% 78.1% 23.9% 61.2%
2015 27.6% 76% 27.6% 61.9%
2014 30.4% 75.1% 24.3% 33.9%
2013 29.5% 70% 24% 25.9%
2012 26.3% 67.8% 21.9% 24.9%
2011 29.4% 64% 19.5% 20.8%
2010 31.1% 61.1% 18.1% 18.9%
2009 31% 57.2% 17.8% 20.5%
2008 28.3% 50.2% 19.5% 19.2%
2007 27.1% 48.4% 19.9% 21.9%
2006 26.1% 44.7% 19.7% 25%
2005 26.7% 50.5% 22.5% 75.7%
2004 24.9% 58.5% 23.3% 129.9%
2003 26% 55.3% 27.3% 159.5%
2002 25.7% 53.2% 27.6% 180.2%
2001 24.4% 51.9% 28% 210.2%
2000 23.8% 54.2% 21.4% 261%
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/zambia | CC BY

In 2025, Saint Vincent's government spending was $515M, accounting for 41% of its GDP, while Zambia spent $8.58B, or 29.7% of GDP.

Debt-to-GDP ratio is 113.4% in Saint Vincent and 86% in Zambia, ranking 15/185 and 35/185, respectively.

Government deficit by year

Deficit/surplus
Saint Vincent

Zambia
1x
Year Deficit/surplus, % of GDP
Saint Vincent Zambia
2025 -12.3% -3.83%
2024 -16% -3.46%
2023 -12.5% -5.48%
2022 -9.35% -7.82%
2021 -7.19% -8.13%
2020 -5.92% -13.8%
2019 -3.45% -9.41%
2018 -1.65% -8.31%
2017 -1.56% -7.5%
2016 0.04% -5.69%
2015 -2.01% -8.88%
2014 -2.82% -5.43%
2013 -5.82% -6.4%
2012 -1.8% -3.16%
2011 -3.5% -1.78%
2010 -3.69% -2.43%
2009 -2.85% -2.06%
2008 -1.29% -0.67%
2007 -3.07% -1.04%
2006 -3.12% 16.9%
2005 -4.3% -2.37%
2004 -2.71% -2.51%
2003 -2.51% -5.31%
2002 -2% -4.5%
2001 -1.6% -5.89%
2000 -0.82% 1.16%
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/zambia | 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 Zambia's deficit of $1.11B, or 3.83% of GDP.

Over the past 26 years, Saint Vincent recorded a fiscal deficit in 25 of those years, while Zambia ran a deficit in 24 years. On average, Saint Vincent posted an annual deficit equal to 4.38% of GDP, compared to deficit of 4.14% of GDP for Zambia.

Inflation comparison by year

Inflation
Saint Vincent

Zambia
1x
Year Consumer prices inflation
Saint Vincent Zambia
2025 0.82% 13.9%
2024 3.63% 15%
2023 4.56% 10.9%
2022 5.66% 11%
2021 1.57% 22%
2020 -0.63% 15.7%
2019 0.91% 9.2%
2018 2.32% 7.5%
2017 2.15% 6.6%
2016 -0.15% 17.9%
2015 -1.73% 10.1%
2014 0.19% 7.8%
2013 0.81% 7%
2012 2.6% 6.6%
2011 3.19% 8.7%
2010 0.75% 8.5%
2009 0.42% 13.4%
2008 10.1% 12.4%
2007 7.24% 10.7%
2006 2.74% 9%
2005 3.73% 18.3%
2004 2.96% 18%
2003 0.21% 21.4%
2002 1.86% 22.2%
2001 0.9% 21.4%
2000 0.17% 24.1%
1999 1.01% 23.9%
1998 2.14% 22.7%
1997 0.44% 21.4%

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

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

Over the past 29 years, Saint Vincent has recorded an average annual inflation rate of 2.09%, compared with 14.4% in Zambia. In 2025, inflation was 0.82% in Saint Vincent and 13.9% in Zambia.

Balance of trade

Saint Vincent Zambia
Current account balance
-$202M
2025
-$1.12B
2024
Current account balance ranking
92/190
2025
121/190
2024
Current account balance, % of GDP
-16.1%
2025
-4.41%
2024
Goods imports
$458M
2025
$10.1B
2024
Goods exports
$52M
2025
$11.4B
2024
Service imports
$213M
2025
$1.99B
2024
Service exports
$382M
2025
$1.38B
2024
Imports of goods and services, % of GDP n/a
27.6%
2024
Exports of goods and services, % of GDP
15.3%
2026
35%
2024

Economic freedom indices

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

Saint Vincent Zambia
Economic freedom 60 51.9
Economic freedom ranking 98/197 152/197
Property rights 65.2 43.9
Government integrity 63.3 39.3
Judicial effectiveness 76.9 45
Tax burden 82 74.3
Government spending 56.2 78.1
Fiscal health 2.8 30.9
Business freedom 67.3 53.4
Labor freedom 60.1 48.8
Monetary freedom 77.3 66.6
Trade freedom 58.8 62.8
Investment freedom 70 40
Financial freedom 40 40

Economic freedom comparison by year

Saint Vincent
Zambia
1x
Year Economic freedom index
Saint Vincent Zambia
2026 60 51.9
2025 60.1 50.9
2024 59.8 48.4
2023 63.5 47.8
2022 65.7 48.7
2021 66.3 50.4
2020 66.8 53.5
2019 65.8 53.6
2018 67.7 54.3
2017 65.2 55.8
2016 68.8 58.8
2015 68 58.7
2014 67 60.4
2013 66.7 58.7
2012 66.5 58.3
2011 66.9 59.7
2010 66.9 58
2009 64.3 56.6
2008 - 56.2
2007 - 56.2
2006 - 56.8
2005 - 55
2004 - 54.9
2003 - 55.3
2002 - 59.6
2001 - 59.5
2000 - 62.8
1999 - 64.2
1998 - 62.7
1997 - 62.1
1996 - 59.6
1995 - 55.1

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

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

The Economic Freedom Index for Saint Vincent is 60, ranking 98/197, compared to 51.9 for Zambia, ranking 152/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Saint Vincent Zambia
Services, % of GDP
66.4%
2025
57%
2025
Industry, % of GDP
15.1%
2025
35.3%
2025
Agriculture, forestry, and fishing, % of GDP
3.44%
2025
4.11%
2025
GNI, Atlas method
$1.2B
2025
$26.2B
2025
GNI per capita, PPP
$22,340
2025
$3,990
2025
Total reserves including gold
$281M
2025
$4.09B
2024
Total reserves ranking
168/177
2025
111/177
2024
Net foreign direct investment
-$113M
2025
-$2.05B
2024
Net inflows of foreign direct investment
$139M
2024
$2.36B
2024
Net outflows of foreign direct investment
-$1.92M
2024
$311M
2024
Servicing debt to the IMF, % of GNI
3.78%
2024
17.3%
2024
Poverty at national poverty lines n/a
60%
2022
Gross capital formation, % of GDP n/a
23.8%
2024

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/zambia | 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. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1984–1989, 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.