Government spending as share of GDP vs. GDP per capita in Saint Vincent and the Grenadines

Saint Vincent and the Grenadines: Government spending as share of GDP vs. GDP per capita was 39.1% in 2024. ▲ Rising

Latest (2024)
39.1%
Change on year
up 0.5%
World rank
44th
of 151 countries
All-time high
39.1%
in 2024
All-time low
20.3%
in 1995
Years of data
41
1984–2024

Government spending as share of GDP vs. GDP per capita in Saint Vincent and the Grenadines, 1984–2024

0102030401984200420241984: 23.1 % of GDP1985: 21.4 % of GDP1986: 22.3 % of GDP1987: 23.7 % of GDP1988: 24.8 % of GDP1989: 27.6 % of GDP1990: 23.7 % of GDP1991: 26.2 % of GDP1992: 25.9 % of GDP1993: 22.8 % of GDP1994: 23 % of GDP1995: 20.3 % of GDP1996: 21.2 % of GDP1997: 26.4 % of GDP1998: 25.4 % of GDP1999: 25.5 % of GDP2000: 23.8 % of GDP2001: 24.4 % of GDP2002: 25.7 % of GDP2003: 26 % of GDP2004: 24.9 % of GDP2005: 26.7 % of GDP2006: 26.1 % of GDP2007: 27.1 % of GDP2008: 28.3 % of GDP2009: 31 % of GDP2010: 31.1 % of GDP2011: 29.4 % of GDP2012: 26.3 % of GDP2013: 29.4 % of GDP2014: 30.4 % of GDP2015: 27.6 % of GDP2016: 27.1 % of GDP2017: 26.6 % of GDP2018: 26.3 % of GDP2019: 29.2 % of GDP2020: 32.9 % of GDP2021: 37.2 % of GDP2022: 36.6 % of GDP2023: 38.9 % of GDP2024: 39.1 % of GDP

Source: International Monetary Fund (2025) – with minor processing by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for government spending as share of gdp vs. gdp per capita in Saint Vincent and the Grenadines is 39.1%, measured in 2024. That is the highest value across all 41 years on record.

Compared with earlier readings it is up 0.5% on the previous year and up 28.7% over ten years.

Over the whole period, government spending as share of gdp vs. gdp per capita in Saint Vincent and the Grenadines peaked at 39.1% in 2024 and was at its lowest, 20.3%, in 1995.

That places Saint Vincent and the Grenadines 44th out of 151 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 41 years of available data.

Government spending as share of GDP vs. GDP per capita in Saint Vincent and the Grenadines, year by year

Annual values for Government spending as share of GDP vs. GDP per capita in Saint Vincent and the Grenadines, 1984 to 2024.
Year % of GDP Change
1984 23.1%
1985 21.4% -7.4%
1986 22.3% +4.1%
1987 23.7% +6.5%
1988 24.8% +4.9%
1989 27.6% +11.3%
1990 23.7% -14.4%
1991 26.2% +10.9%
1992 25.9% -1.2%
1993 22.8% -12.1%
1994 23.0% +0.7%
1995 20.3% -11.8%
1996 21.2% +4.5%
1997 26.4% +24.7%
1998 25.4% -3.8%
1999 25.5% +0.3%
2000 23.8% -6.6%
2001 24.4% +2.6%
2002 25.7% +5.4%
2003 26.0% +1.1%
2004 24.9% -4.3%
2005 26.7% +7.4%
2006 26.1% -2.3%
2007 27.1% +4.0%
2008 28.3% +4.4%
2009 31.0% +9.5%
2010 31.1% +0.1%
2011 29.4% -5.4%
2012 26.3% -10.3%
2013 29.4% +11.8%
2014 30.4% +3.3%
2015 27.6% -9.3%
2016 27.1% -2.0%
2017 26.6% -1.5%
2018 26.3% -1.3%
2019 29.2% +10.9%
2020 32.9% +12.9%
2021 37.2% +13.0%
2022 36.6% -1.6%
2023 38.9% +6.5%
2024 39.1% +0.5%

Averages by decade

DecadeAverage LowestHighest Years
1980s 23.8% 21.4% 27.6% 6
1990s 24.0% 20.3% 26.4% 10
2000s 26.4% 23.8% 31.0% 10
2010s 28.3% 26.3% 31.1% 10
2020s 37.0% 32.9% 39.1% 5

Countries ranked near Saint Vincent and the Grenadines

  1. 41 Romania 39.9% compare
  2. 42 Namibia 39.9% compare
  3. 43 Bolivia, Plurinational State of 39.8% compare
  4. 45 Japan 39.1% compare
  5. 46 Australia 38.9% compare
  6. 47 Ecuador 38.1% compare

See the full ranking of 151 places →

More economy & growth data for Saint Vincent and the Grenadines

All data for Saint Vincent and the Grenadines →

Frequently asked questions

What is government spending as share of gdp vs. gdp per capita in Saint Vincent and the Grenadines?
Government spending as share of gdp vs. gdp per capita in Saint Vincent and the Grenadines was 39.1% in 2024, according to International Monetary Fund (2025) – with minor processing by Our World in Data.
What is the highest government spending as share of gdp vs. gdp per capita recorded in Saint Vincent and the Grenadines?
The highest recorded value was 39.1% in 2024.
What is the lowest government spending as share of gdp vs. gdp per capita recorded in Saint Vincent and the Grenadines?
The lowest recorded value was 20.3% in 1995.
How does Saint Vincent and the Grenadines rank for government spending as share of gdp vs. gdp per capita?
Saint Vincent and the Grenadines ranks 44th out of 151 countries with data for 2024.
Is government spending as share of gdp vs. gdp per capita rising or falling in Saint Vincent and the Grenadines?
Over the last ten years it is up 28.7%. 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 International Monetary Fund (2025) – with minor processing by Our World in Data, published as part of Government spending as share of GDP vs. GDP per capita. Statizoid updates them automatically from the source API.

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Government spending as share of GDP vs. GDP per capita in Saint Vincent and the Grenadines. Statizoid, drawing on International Monetary Fund (2025) – with minor processing by Our World in Data. Retrieved 03 September 2026, from https://economy.statizoid.com/stat/government-spending-vs-gdp-per-capita/st-vincent-and-the-grenadines/

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About this data

Indicator
Government spending as share of GDP vs. GDP per capita
Unit
% of GDP
Source
International Monetary Fund (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
151 places, 9,265 data points, 1800–2024
Last refreshed

Sum of all the money spent by the government on goods and services, as a percentage of GDP. It includes interest paid on government debt.