Merchandise trade as a proportion of GDP (%) in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Merchandise trade as a proportion of GDP (%) was 48.7% in 2024. ▼ Falling
Latest (2024)
48.7%
Change on year
up 5.0%
World rank
125th
of 220 countries
All-time high
58.0%
in 2008
All-time low
41.1%
in 2019
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Saint Vincent and the Grenadines, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, merchandise trade as a proportion of gdp in Saint Vincent and the Grenadines stood at 48.7%.
That represents a change of up 5.0% on the previous year and down 8.3% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Saint Vincent and the Grenadines peaked at 58.0% in 2008 and was at its lowest, 41.1%, in 2019.
Saint Vincent and the Grenadines ranks 125th of 220 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Merchandise trade as a proportion of GDP (%) in Saint Vincent and the Grenadines, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 49.1% | — |
| 2001 | 49.1% | +0.1% |
| 2002 | 43.5% | -11.5% |
| 2003 | 46.9% | +8.0% |
| 2004 | 47.8% | +1.9% |
| 2005 | 48.3% | +0.9% |
| 2006 | 48.0% | -0.5% |
| 2007 | 52.6% | +9.4% |
| 2008 | 58.0% | +10.4% |
| 2009 | 53.5% | -7.8% |
| 2010 | 52.7% | -1.4% |
| 2011 | 51.8% | -1.7% |
| 2012 | 54.7% | +5.4% |
| 2013 | 54.8% | +0.2% |
| 2014 | 53.1% | -3.2% |
| 2015 | 48.3% | -8.9% |
| 2016 | 46.9% | -2.9% |
| 2017 | 44.1% | -6.0% |
| 2018 | 45.0% | +2.1% |
| 2019 | 41.1% | -8.7% |
| 2020 | 43.5% | +5.9% |
| 2021 | 45.9% | +5.6% |
| 2022 | 48.9% | +6.6% |
| 2023 | 46.4% | -5.3% |
| 2024 | 48.7% | +5.0% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 48.7% is below the median for upper middle income countries, which is 56.9%, 85% of the median. (55 countries reporting)
- Saint Vincent and the Grenadines's 48.7% is above the median for Latin America & Caribbean, which is 43.3%, 1.1× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49.7% | 43.5% | 58.0% | 10 |
| 2010s | 49.2% | 41.1% | 54.8% | 10 |
| 2020s | 46.7% | 43.5% | 48.9% | 5 |
Countries ranked near Saint Vincent and the Grenadines
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 merchandise trade as a proportion of gdp in Saint Vincent and the Grenadines?
- Merchandise trade as a proportion of gdp in Saint Vincent and the Grenadines was 48.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 58.0% in 2008.
- What is the lowest merchandise trade as a proportion of gdp recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 41.1% in 2019.
- How does Saint Vincent and the Grenadines rank for merchandise trade as a proportion of gdp?
- Saint Vincent and the Grenadines ranks 125th out of 220 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is down 8.3%. 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 United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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