Gross Domestic Product: Value Standard … Gross annual growth rate in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Gross Domestic Product: Value Standard … Gross annual growth rate was 7.92 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, annual growth in Saint Vincent and the Grenadines, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product — value standard local currency, annual growth in Saint Vincent and the Grenadines is 7.92 % change on previous year, measured in 2024.
That represents a change of down 23.0% on the previous year and up 890.5% over ten years.
Over the whole period, gross domestic product — value standard local currency, annual growth in Saint Vincent and the Grenadines peaked at 33.84 % change on previous year in 1972 and was at its lowest, -5.04 % change on previous year, in 2020.
Saint Vincent and the Grenadines ranks 91st of 218 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product: Value Standard … Gross annual growth rate in Saint Vincent and the Grenadines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 7.32 % change on previous year | — |
| 1972 | 33.84 % change on previous year | +362.5% |
| 1973 | 11.51 % change on previous year | -66.0% |
| 1974 | 14.38 % change on previous year | +25.0% |
| 1975 | 6.68 % change on previous year | -53.5% |
| 1976 | 17.02 % change on previous year | +154.6% |
| 1977 | 18.33 % change on previous year | +7.7% |
| 1978 | 26.5 % change on previous year | +44.6% |
| 1979 | 16.14 % change on previous year | -39.1% |
| 1980 | 12.07 % change on previous year | -25.2% |
| 1981 | 22.79 % change on previous year | +88.8% |
| 1982 | 15.91 % change on previous year | -30.2% |
| 1983 | 12.1 % change on previous year | -24.0% |
| 1984 | 8.83 % change on previous year | -27.0% |
| 1985 | 9.85 % change on previous year | +11.5% |
| 1986 | 12.77 % change on previous year | +29.7% |
| 1987 | 11.7 % change on previous year | -8.4% |
| 1988 | 15.45 % change on previous year | +32.1% |
| 1989 | 8.35 % change on previous year | -46.0% |
| 1990 | 11.46 % change on previous year | +37.2% |
| 1991 | 7.93 % change on previous year | -30.8% |
| 1992 | 10.8 % change on previous year | +36.2% |
| 1993 | 3.01 % change on previous year | -72.1% |
| 1994 | 2.65 % change on previous year | -12.0% |
| 1995 | 9.53 % change on previous year | +259.6% |
| 1996 | 6.28 % change on previous year | -34.0% |
| 1997 | 6.4 % change on previous year | +1.8% |
| 1998 | 8.77 % change on previous year | +37.0% |
| 1999 | 4.77 % change on previous year | -45.6% |
| 2000 | 2.36 % change on previous year | -50.6% |
| 2001 | 7.98 % change on previous year | +238.6% |
| 2002 | 5.56 % change on previous year | -30.3% |
| 2003 | 4.37 % change on previous year | -21.3% |
| 2004 | 8.02 % change on previous year | +83.3% |
| 2005 | 5.46 % change on previous year | -31.8% |
| 2006 | 10.96 % change on previous year | +100.5% |
| 2007 | 10.89 % change on previous year | -0.6% |
| 2008 | 2.67 % change on previous year | -75.5% |
| 2009 | -2.51 % change on previous year | -193.8% |
| 2010 | 0.8607 % change on previous year | -134.3% |
| 2011 | -0.9233 % change on previous year | -207.3% |
| 2012 | 2.27 % change on previous year | -346.4% |
| 2013 | 4.76 % change on previous year | +109.2% |
| 2014 | 0.8 % change on previous year | -83.2% |
| 2015 | 2.03 % change on previous year | +153.8% |
| 2016 | 3.53 % change on previous year | +73.7% |
| 2017 | 3.65 % change on previous year | +3.5% |
| 2018 | 4.77 % change on previous year | +30.7% |
| 2019 | 2.96 % change on previous year | -38.0% |
| 2020 | -5.04 % change on previous year | -270.5% |
| 2021 | 2.79 % change on previous year | -155.3% |
| 2022 | 11.31 % change on previous year | +305.6% |
| 2023 | 10.29 % change on previous year | -9.0% |
| 2024 | 7.92 % change on previous year | -23.0% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 7.92 % change on previous year is above the median for upper middle income countries, which is 6.93 % change on previous year, 1.1× the median. (54 countries reporting)
- Saint Vincent and the Grenadines's 7.92 % change on previous year is above the median for Latin America & Caribbean, which is 6.78 % change on previous year, 1.2× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product: Value Standard … Gross 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 |
|---|---|---|---|
| 1972 | +362.5% | 7.32 % change on previous year | 33.84 % change on previous year |
| 2012 | +346.4% | -0.9233 % change on previous year | 2.27 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.86 % change on previous year | 6.68 % change on previous year | 33.84 % change on previous year | 9 |
| 1980s | 12.98 % change on previous year | 8.35 % change on previous year | 22.79 % change on previous year | 10 |
| 1990s | 7.16 % change on previous year | 2.65 % change on previous year | 11.46 % change on previous year | 10 |
| 2000s | 5.58 % change on previous year | -2.51 % change on previous year | 10.96 % change on previous year | 10 |
| 2010s | 2.47 % change on previous year | -0.9233 % change on previous year | 4.77 % change on previous year | 10 |
| 2020s | 5.45 % change on previous year | -5.04 % change on previous year | 11.31 % change on previous year | 5 |
Countries ranked near Saint Vincent and the Grenadines
- 88 Marshall Islands 8.12 % change on previous year compare
- 89 Comoros 7.97 % change on previous year compare
- 90 Mali 7.95 % change on previous year compare
- 92 Chad 7.91 % change on previous year compare
- 93 Hungary 7.87 % change on previous year compare
- 94 Singapore 7.77 % change on previous year compare
More economy & growth data for Saint Vincent and the Grenadines
- Real gdp growth, annual growth rate -0.2881 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -11.56 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0085 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 107.4 units per person (2025)
- SDRs holdings, SDR, annual growth rate -15.78 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0062 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 78.42 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, annual growth in Saint Vincent and the Grenadines?
- Gross domestic product — value standard local currency, annual growth in Saint Vincent and the Grenadines was 7.92 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, annual growth recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 33.84 % change on previous year in 1972.
- What is the lowest gross domestic product — value standard local currency, annual growth recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was -5.04 % change on previous year in 2020.
- How does Saint Vincent and the Grenadines rank for gross domestic product — value standard local currency, annual growth?
- Saint Vincent and the Grenadines ranks 91st out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency, annual growth rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 890.5%. 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 — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.