Debt service as a share of exports of good and services in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Debt service as a share of exports of good and services was 10.7% in 2023. ▲ Rising
Latest (2023)
10.7%
Change on year
down 11.0%
World rank
33rd
of 116 countries
All-time high
21.9%
in 2021
All-time low
5.5%
in 2002
Years of data
24
2000–2023
Debt service as a share of exports of good and services in Saint Vincent and the Grenadines, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Saint Vincent and the Grenadines recorded 10.7% for debt service as a share of exports of good and services in 2023.
Compared with earlier readings it is down 11.0% on the previous year and down 11.7% over ten years.
Over the whole period, debt service as a share of exports of good and services in Saint Vincent and the Grenadines peaked at 21.9% in 2021 and was at its lowest, 5.5%, in 2002.
Saint Vincent and the Grenadines ranks 33rd of 116 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Debt service as a share of exports of good and services in Saint Vincent and the Grenadines, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 6.1% | — |
| 2001 | 6.0% | -1.3% |
| 2002 | 5.5% | -8.1% |
| 2003 | 6.3% | +13.3% |
| 2004 | 8.6% | +36.9% |
| 2005 | 10.0% | +15.7% |
| 2006 | 13.7% | +37.8% |
| 2007 | 10.4% | -24.3% |
| 2008 | 12.3% | +18.6% |
| 2009 | 15.1% | +22.3% |
| 2010 | 15.2% | +0.8% |
| 2011 | 14.4% | -5.3% |
| 2012 | 14.4% | +0.4% |
| 2013 | 12.1% | -15.9% |
| 2014 | 11.4% | -6.3% |
| 2015 | 11.5% | +1.0% |
| 2016 | 13.3% | +16.2% |
| 2017 | 13.7% | +2.4% |
| 2018 | 14.3% | +4.5% |
| 2019 | 13.4% | -5.9% |
| 2020 | 21.3% | +58.6% |
| 2021 | 21.9% | +2.8% |
| 2022 | 12.1% | -45.0% |
| 2023 | 10.7% | -11.0% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 10.7% is above the median for upper middle income countries, which is 7.6%, 1.4× the median. (50 countries reporting)
- Saint Vincent and the Grenadines's 10.7% is above the median for Latin America & Caribbean, which is 7.7%, 1.4× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.4% | 5.5% | 15.1% | 10 |
| 2010s | 13.4% | 11.4% | 15.2% | 10 |
| 2020s | 16.5% | 10.7% | 21.9% | 4 |
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 debt service as a share of exports of good and services in Saint Vincent and the Grenadines?
- Debt service as a share of exports of good and services in Saint Vincent and the Grenadines was 10.7% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 21.9% in 2021.
- What is the lowest debt service as a share of exports of good and services recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 5.5% in 2002.
- How does Saint Vincent and the Grenadines rank for debt service as a share of exports of good and services?
- Saint Vincent and the Grenadines ranks 33rd out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is down 11.7%. The long-run trend across the full record is rising.
- Where does this Saint Vincent and the Grenadines data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
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About this data
Debt service as a proportion of exports of goods, services and primary income (%).