Value of imported goods as a share of GDP in Saint Vincent and the Grenadines

Saint Vincent and the Grenadines: Value of imported goods as a share of GDP was 44.7% in 2024. ▼ Falling

Latest (2024)
44.7%
Change on year
up 5.2%
World rank
60th
of 201 countries
All-time high
67.5%
in 1980
All-time low
13.5%
in 1984
Years of data
48
1977–2024

Value of imported goods as a share of GDP in Saint Vincent and the Grenadines, 1977–2024

204060197720002024

Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.

Analysis

In 2024, value of imported goods as a share of gdp in Saint Vincent and the Grenadines stood at 44.7%.

The figure is up 5.2% on the previous year and down 4.6% over ten years.

Over the whole period, value of imported goods as a share of gdp in Saint Vincent and the Grenadines peaked at 67.5% in 1980 and was at its lowest, 13.5%, in 1984.

That places Saint Vincent and the Grenadines 60th out of 201 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 48 years of available data.

Value of imported goods as a share of GDP in Saint Vincent and the Grenadines, year by year

Annual values for Value of imported goods as a share of GDP in Saint Vincent and the Grenadines, 1977 to 2024.
Year % Change
1977 59.7%
1978 58.4% -2.2%
1979 63.8% +9.2%
1980 67.5% +5.9%
1981 55.3% -18.1%
1982 55.8% +0.8%
1983 54.8% -1.8%
1984 13.5% -75.4%
1985 17.2% +28.0%
1986 52.5% +204.8%
1987 54.4% +3.6%
1988 58.9% +8.1%
1989 57.9% -1.5%
1990 56.3% -2.9%
1991 53.9% -4.2%
1992 44.6% -17.4%
1993 46.8% +5.0%
1994 44.6% -4.8%
1995 42.6% -4.4%
1996 43.4% +1.7%
1997 49.4% +13.9%
1998 51.3% +3.9%
1999 51.3% -0.1%
2000 37.7% -26.5%
2001 37.1% -1.6%
2002 36.6% -1.6%
2003 39.4% +7.9%
2004 40.9% +3.7%
2005 41.4% +1.3%
2006 42.1% +1.6%
2007 45.6% +8.3%
2008 50.2% +10.0%
2009 46.5% -7.3%
2010 52.5% +12.9%
2011 53.7% +2.3%
2012 55.0% +2.5%
2013 48.2% -12.4%
2014 46.9% -2.8%
2015 42.4% -9.5%
2016 41.1% -3.1%
2017 39.1% -4.9%
2018 40.0% +2.3%
2019 36.8% -8.0%
2020 37.1% +0.8%
2021 41.8% +12.9%
2022 44.2% +5.8%
2023 42.5% -3.9%
2024 44.7% +5.2%

Saint Vincent and the Grenadines compared with similar countries

  • Saint Vincent and the Grenadines's 44.7% is above the median for upper middle income countries, which is 37.6%, 1.2× the median. (58 countries reporting)
  • Saint Vincent and the Grenadines's 44.7% is above the median for Latin America & Caribbean, which is 29.6%, 1.5× the median. (36 countries reporting)

Biggest year-on-year movements

Years where Value of imported goods as a share of GDP 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.

YearChange FromTo
1986 +204.8% 17.2% 52.5%
1984 -75.4% 54.8% 13.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 60.6% 58.4% 63.8% 3
1980s 48.8% 13.5% 67.5% 10
1990s 48.4% 42.6% 56.3% 10
2000s 41.8% 36.6% 50.2% 10
2010s 45.6% 36.8% 55.0% 10
2020s 42.1% 37.1% 44.7% 5

Countries ranked near Saint Vincent and the Grenadines

  1. 57 Nicaragua 45.8% compare
  2. 58 El Salvador 45.7% compare
  3. 59 Belize 45.2% compare
  4. 61 Jordan 44.6% compare
  5. 62 Ukraine 44.0% compare
  6. 63 Honduras 43.9% compare

See the full ranking of 201 places →

More economy & growth data for Saint Vincent and the Grenadines

All data for Saint Vincent and the Grenadines →

Frequently asked questions

What is value of imported goods as a share of gdp in Saint Vincent and the Grenadines?
Value of imported goods as a share of gdp in Saint Vincent and the Grenadines was 44.7% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
What is the highest value of imported goods as a share of gdp recorded in Saint Vincent and the Grenadines?
The highest recorded value was 67.5% in 1980.
What is the lowest value of imported goods as a share of gdp recorded in Saint Vincent and the Grenadines?
The lowest recorded value was 13.5% in 1984.
How does Saint Vincent and the Grenadines rank for value of imported goods as a share of gdp?
Saint Vincent and the Grenadines ranks 60th out of 201 countries with data for 2024.
Is value of imported goods as a share of gdp rising or falling in Saint Vincent and the Grenadines?
Over the last ten years it is down 4.6%. The long-run trend across the full record is falling.
Where does this Saint Vincent and the Grenadines data come from?
The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.

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Value of imported goods as a share of GDP in Saint Vincent and the Grenadines. Statizoid, drawing on International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Retrieved 16 September 2026, from https://economy.statizoid.com/stat/merchandise-imports-as-a-share-of-countrys-gdp/st-vincent-and-the-grenadines/

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About this data

Indicator
Value of imported goods as a share of GDP
Unit
%
Source
International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
201 places, 10,161 data points, 1960–2024
Last refreshed

Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).