Gross Fixed Capital Formation — Share of GDP Standard Local Currency in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Gross Fixed Capital Formation — Share of GDP Standard Local Currency was 38.32 % in 2024. ▲ Rising
Gross Fixed Capital Formation — Share of GDP Standard Local Currency in Saint Vincent and the Grenadines, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
The most recent figure for gross fixed capital formation — share of gdp standard local currency in Saint Vincent and the Grenadines is 38.32 %, measured in 2024.
The figure is down 1.0% on the previous year and up 55.1% over ten years.
Over the whole period, gross fixed capital formation — share of gdp standard local currency in Saint Vincent and the Grenadines peaked at 38.73 % in 2023 and was at its lowest, 20.65 %, in 1983.
Saint Vincent and the Grenadines ranks 15th of 194 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Share of GDP Standard Local Currency in Saint Vincent and the Grenadines, year by year
| Year | % | Change |
|---|---|---|
| 1970 | 26.15 % | — |
| 1971 | 26.25 % | +0.4% |
| 1972 | 26.11 % | -0.5% |
| 1973 | 26.09 % | -0.1% |
| 1974 | 26.55 % | +1.8% |
| 1975 | 25.7 % | -3.2% |
| 1976 | 26.03 % | +1.3% |
| 1977 | 27.92 % | +7.3% |
| 1978 | 23.15 % | -17.1% |
| 1979 | 27.01 % | +16.7% |
| 1980 | 31.47 % | +16.5% |
| 1981 | 26.2 % | -16.8% |
| 1982 | 23.18 % | -11.5% |
| 1983 | 20.65 % | -10.9% |
| 1984 | 23.42 % | +13.4% |
| 1985 | 23.13 % | -1.2% |
| 1986 | 26.55 % | +14.8% |
| 1987 | 29.11 % | +9.6% |
| 1988 | 26.71 % | -8.3% |
| 1989 | 26.1 % | -2.3% |
| 1990 | 29.86 % | +14.4% |
| 1991 | 29.19 % | -2.2% |
| 1992 | 24.13 % | -17.3% |
| 1993 | 24.78 % | +2.7% |
| 1994 | 26.81 % | +8.2% |
| 1995 | 28.22 % | +5.3% |
| 1996 | 27.89 % | -1.2% |
| 1997 | 25.5 % | -8.6% |
| 1998 | 30.67 % | +20.3% |
| 1999 | 29.17 % | -4.9% |
| 2000 | 22.88 % | -21.6% |
| 2001 | 22.62 % | -1.1% |
| 2002 | 22.92 % | +1.3% |
| 2003 | 27.47 % | +19.8% |
| 2004 | 26.46 % | -3.7% |
| 2005 | 24.97 % | -5.7% |
| 2006 | 28.53 % | +14.3% |
| 2007 | 27.66 % | -3.1% |
| 2008 | 31.42 % | +13.6% |
| 2009 | 24.78 % | -21.1% |
| 2010 | 28.55 % | +15.2% |
| 2011 | 24.33 % | -14.8% |
| 2012 | 24.33 % | +0.0% |
| 2013 | 25.03 % | +2.9% |
| 2014 | 24.7 % | -1.3% |
| 2015 | 24.32 % | -1.5% |
| 2016 | 26.16 % | +7.6% |
| 2017 | 23.86 % | -8.8% |
| 2018 | 24.24 % | +1.6% |
| 2019 | 26.23 % | +8.2% |
| 2020 | 29.01 % | +10.6% |
| 2021 | 33.86 % | +16.7% |
| 2022 | 37.11 % | +9.6% |
| 2023 | 38.73 % | +4.4% |
| 2024 | 38.32 % | -1.0% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 38.32 % is above the median for upper middle income countries, which is 23.67 %, 1.6× the median. (51 countries reporting)
- Saint Vincent and the Grenadines's 38.32 % is above the median for Latin America & Caribbean, which is 21.21 %, 1.8× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 26.1 % | 23.15 % | 27.92 % | 10 |
| 1980s | 25.65 % | 20.65 % | 31.47 % | 10 |
| 1990s | 27.62 % | 24.13 % | 30.67 % | 10 |
| 2000s | 25.97 % | 22.62 % | 31.42 % | 10 |
| 2010s | 25.18 % | 23.86 % | 28.55 % | 10 |
| 2020s | 35.4 % | 29.01 % | 38.73 % | 5 |
Countries ranked near Saint Vincent and the Grenadines
- 12 Republic of Moldova 4.42 % compare
- 12 Yemen 40.93 % compare
- 13 China, mainland 40.34 % compare
- 14 Dominica 39.14 % compare
- 16 Palau 37.39 % compare
- 17 Antigua and Barbuda 37.09 % compare
- 18 Gambia 36.7 % 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 fixed capital formation — share of gdp standard local currency in Saint Vincent and the Grenadines?
- Gross fixed capital formation — share of gdp standard local currency in Saint Vincent and the Grenadines was 38.32 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — share of gdp standard local currency recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 38.73 % in 2023.
- What is the lowest gross fixed capital formation — share of gdp standard local currency recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 20.65 % in 1983.
- How does Saint Vincent and the Grenadines rank for gross fixed capital formation — share of gdp standard local currency?
- Saint Vincent and the Grenadines ranks 15th out of 194 countries with data for 2024.
- Is gross fixed capital formation — share of gdp standard local currency rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 55.1%. 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 Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Share of GDP Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).