Current account balance as a proportion of GDP in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Current account balance as a proportion of GDP was -13.5% in 2024. ▼ Falling
Current account balance as a proportion of GDP in Saint Vincent and the Grenadines, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Saint Vincent and the Grenadines recorded -13.5% for current account balance as a proportion of gdp in 2024.
The figure is up 19.6% on the previous year and up 46.3% over ten years.
Over the whole period, current account balance as a proportion of gdp in Saint Vincent and the Grenadines peaked at -2.4% in 2019 and was at its lowest, -31.4%, in 2008.
Saint Vincent and the Grenadines ranks 181st of 204 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Current account balance as a proportion of GDP in Saint Vincent and the Grenadines, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -6.9% | — |
| 2001 | -5.5% | -19.6% |
| 2002 | -3.6% | -34.1% |
| 2003 | -8.4% | +130.5% |
| 2004 | -13.3% | +58.3% |
| 2005 | -14.0% | +5.4% |
| 2006 | -16.5% | +17.3% |
| 2007 | -21.4% | +29.9% |
| 2008 | -31.4% | +46.9% |
| 2009 | -25.7% | -18.2% |
| 2010 | -26.3% | +2.5% |
| 2011 | -22.3% | -15.2% |
| 2012 | -25.3% | +13.3% |
| 2013 | -24.7% | -2.3% |
| 2014 | -25.2% | +1.9% |
| 2015 | -15.6% | -38.2% |
| 2016 | -13.1% | -16.0% |
| 2017 | -11.9% | -9.1% |
| 2018 | -10.3% | -13.4% |
| 2019 | -2.4% | -76.8% |
| 2020 | -15.9% | +565.5% |
| 2021 | -23.2% | +46.0% |
| 2022 | -20.2% | -13.0% |
| 2023 | -16.8% | -16.7% |
| 2024 | -13.5% | -19.6% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's -13.5% is below the median for upper middle income countries, which is -2.1%, 6.4× the median. (53 countries reporting)
- Saint Vincent and the Grenadines's -13.5% is below the median for Latin America & Caribbean, which is -1.6%, 8.4× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP in Saint Vincent and the Grenadines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -565.5% | -2.4% | -15.9% |
| 2003 | -130.5% | -3.6% | -8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -14.7% | -31.4% | -3.6% | 10 |
| 2010s | -17.7% | -26.3% | -2.4% | 10 |
| 2020s | -17.9% | -23.2% | -13.5% | 5 |
Countries ranked near Saint Vincent and the Grenadines
More economy & growth data for Saint Vincent and the Grenadines
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.61 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.7 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -2.08 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0017 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -20.86 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 111.39 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -19.83 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0887 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,115 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate -11.24 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Saint Vincent and the Grenadines?
- Current account balance as a proportion of gdp in Saint Vincent and the Grenadines was -13.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Saint Vincent and the Grenadines?
- The highest recorded value was -2.4% in 2019.
- What is the lowest current account balance as a proportion of gdp recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was -31.4% in 2008.
- How does Saint Vincent and the Grenadines rank for current account balance as a proportion of gdp?
- Saint Vincent and the Grenadines ranks 181st out of 204 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 46.3%. The long-run trend across the full record is falling.
- Where does this Saint Vincent and the Grenadines data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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