Gross domestic product (GDP), annual growth rate in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Gross domestic product (GDP), annual growth rate was 6.56 % change on previous year in 2023. ◆ Volatile
Gross domestic product (GDP), annual growth rate in Saint Vincent and the Grenadines, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Saint Vincent and the Grenadines recorded 6.56 % change on previous year for gross domestic product (gdp), annual growth rate in 2023.
The figure is up 71.8% on the previous year and up 314.0% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in Saint Vincent and the Grenadines peaked at 25.06 % change on previous year in 1972 and was at its lowest, -18.08 % change on previous year, in 2001.
Saint Vincent and the Grenadines ranks 26th of 184 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP), annual growth rate in Saint Vincent and the Grenadines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 2.99 % change on previous year | — |
| 1972 | 25.06 % change on previous year | +737.1% |
| 1973 | -10.12 % change on previous year | -140.4% |
| 1974 | -8.99 % change on previous year | -11.2% |
| 1975 | -9.59 % change on previous year | +6.6% |
| 1976 | 16.86 % change on previous year | -275.9% |
| 1977 | -2.02 % change on previous year | -112.0% |
| 1978 | 12.21 % change on previous year | -703.2% |
| 1979 | 4.39 % change on previous year | -64.1% |
| 1980 | 1.32 % change on previous year | -70.0% |
| 1981 | 7.18 % change on previous year | +446.0% |
| 1982 | 5.94 % change on previous year | -17.3% |
| 1983 | 4.44 % change on previous year | -25.3% |
| 1984 | 3.55 % change on previous year | -20.1% |
| 1985 | -5.63 % change on previous year | -258.9% |
| 1986 | 8.34 % change on previous year | -248.0% |
| 1987 | 6.3 % change on previous year | -24.5% |
| 1988 | 11.81 % change on previous year | +87.7% |
| 1989 | -0.1996 % change on previous year | -101.7% |
| 1990 | -1.41 % change on previous year | +608.7% |
| 1991 | 15.64 % change on previous year | -1205.3% |
| 1992 | 13.07 % change on previous year | -16.4% |
| 1993 | -6 % change on previous year | -145.9% |
| 1994 | -2.96 % change on previous year | -50.8% |
| 1995 | 6.58 % change on previous year | -322.5% |
| 1996 | 3.84 % change on previous year | -41.7% |
| 1997 | -1.08 % change on previous year | -128.1% |
| 1998 | -7.19 % change on previous year | +565.4% |
| 1999 | -3.13 % change on previous year | -56.5% |
| 2000 | 22.93 % change on previous year | -833.0% |
| 2001 | -18.08 % change on previous year | -178.9% |
| 2002 | 1.98 % change on previous year | -110.9% |
| 2003 | 3.84 % change on previous year | +94.0% |
| 2004 | 1.2 % change on previous year | -68.6% |
| 2005 | 12.34 % change on previous year | +924.0% |
| 2006 | 8.67 % change on previous year | -29.8% |
| 2007 | -2.56 % change on previous year | -129.5% |
| 2008 | 12.56 % change on previous year | -591.2% |
| 2009 | -0.0882 % change on previous year | -100.7% |
| 2010 | -1.15 % change on previous year | +1204.6% |
| 2011 | 3.93 % change on previous year | -442.0% |
| 2012 | 2.62 % change on previous year | -33.3% |
| 2013 | -3.07 % change on previous year | -217.0% |
| 2014 | 3.02 % change on previous year | -198.5% |
| 2015 | -2.14 % change on previous year | -171.0% |
| 2016 | 3.68 % change on previous year | -271.4% |
| 2017 | -2.44 % change on previous year | -166.4% |
| 2018 | 9.87 % change on previous year | -504.7% |
| 2019 | 3.6 % change on previous year | -63.6% |
| 2020 | -3.57 % change on previous year | -199.3% |
| 2021 | -0.1791 % change on previous year | -95.0% |
| 2022 | 3.82 % change on previous year | -2233.4% |
| 2023 | 6.56 % change on previous year | +71.8% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate 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 |
|---|---|---|---|
| 2022 | +2233.4% | -0.1791 % change on previous year | 3.82 % change on previous year |
| 1991 | +1205.3% | -1.41 % change on previous year | 15.64 % change on previous year |
| 2010 | -1204.6% | -0.0882 % change on previous year | -1.15 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.42 % change on previous year | -10.12 % change on previous year | 25.06 % change on previous year | 9 |
| 1980s | 4.3 % change on previous year | -5.63 % change on previous year | 11.81 % change on previous year | 10 |
| 1990s | 1.74 % change on previous year | -7.19 % change on previous year | 15.64 % change on previous year | 10 |
| 2000s | 4.28 % change on previous year | -18.08 % change on previous year | 22.93 % change on previous year | 10 |
| 2010s | 1.79 % change on previous year | -3.07 % change on previous year | 9.87 % change on previous year | 10 |
| 2020s | 1.66 % change on previous year | -3.57 % change on previous year | 6.56 % change on previous year | 4 |
Countries ranked near Saint Vincent and the Grenadines
- 23 Malta 6.73 % change on previous year compare
- 24 Turkey 6.65 % change on previous year compare
- 25 Bhutan 6.64 % change on previous year compare
- 27 Panama 6.51 % change on previous year compare
- 28 Sint Maarten (Dutch part) 6.43 % change on previous year compare
- 29 Georgia 6.38 % change on previous year compare
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 gross domestic product (gdp), annual growth rate in Saint Vincent and the Grenadines?
- Gross domestic product (gdp), annual growth rate in Saint Vincent and the Grenadines was 6.56 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 25.06 % change on previous year in 1972.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was -18.08 % change on previous year in 2001.
- How does Saint Vincent and the Grenadines rank for gross domestic product (gdp), annual growth rate?
- Saint Vincent and the Grenadines ranks 26th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 314.0%. The long-run trend across the full record is volatile.
- Where does this Saint Vincent and the Grenadines data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.