Real gdp growth in St. Vincent and the Grenadines
St. Vincent and the Grenadines: Real gdp growth was 4.5 in 2024. ◆ Volatile
Real gdp growth in St. Vincent and the Grenadines, 1980–2024
Source: Our World in Data.
Analysis
In 2024, real gdp growth in St. Vincent and the Grenadines stood at 4.5.
Compared with earlier readings it is down 0.3% on the previous year and up 292.7% over ten years.
Over the whole period, real gdp growth in St. Vincent and the Grenadines peaked at 14.07 in 1988 and was at its lowest, -4.79, in 2020.
That places St. Vincent and the Grenadines 57th out of 196 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Real gdp growth in St. Vincent and the Grenadines, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 2.44 | — |
| 1981 | 4.61 | +88.9% |
| 1982 | 4.48 | -3.0% |
| 1983 | 2.17 | -51.6% |
| 1984 | 6.59 | +203.6% |
| 1985 | 6.18 | -6.2% |
| 1986 | 5.6 | -9.4% |
| 1987 | 0.438 | -92.2% |
| 1988 | 14.07 | +3113.5% |
| 1989 | 1.41 | -90.0% |
| 1990 | 4.15 | +195.1% |
| 1991 | 1.14 | -72.6% |
| 1992 | 6.38 | +461.4% |
| 1993 | 4.25 | -33.3% |
| 1994 | -1.25 | -129.4% |
| 1995 | 7.77 | -722.4% |
| 1996 | 1.29 | -83.4% |
| 1997 | 3.5 | +172.1% |
| 1998 | 4.09 | +16.7% |
| 1999 | 2.71 | -33.7% |
| 2000 | 1.64 | -39.5% |
| 2001 | 1.61 | -2.0% |
| 2002 | 4.87 | +203.1% |
| 2003 | 6.13 | +25.8% |
| 2004 | 3.75 | -38.8% |
| 2005 | 2.27 | -39.5% |
| 2006 | 6.54 | +188.1% |
| 2007 | 3.09 | -52.8% |
| 2008 | 0.429 | -86.1% |
| 2009 | -1.22 | -385.3% |
| 2010 | -4.28 | +249.3% |
| 2011 | -0.612 | -85.7% |
| 2012 | 1.05 | -271.9% |
| 2013 | 2.46 | +134.0% |
| 2014 | 1.15 | -53.5% |
| 2015 | 2.79 | +143.0% |
| 2016 | 4.15 | +49.0% |
| 2017 | 1.55 | -62.7% |
| 2018 | 3.17 | +105.1% |
| 2019 | 0.669 | -78.9% |
| 2020 | -4.79 | -816.6% |
| 2021 | 2.11 | -144.1% |
| 2022 | 5 | +136.3% |
| 2023 | 4.51 | -9.6% |
| 2024 | 4.5 | -0.3% |
St. Vincent and the Grenadines compared with similar countries
- St. Vincent and the Grenadines's 4.5 is above the median for upper middle income countries, which is 3.49, 1.3× the median. (57 countries reporting)
- St. Vincent and the Grenadines's 4.5 is above the median for Latin America & Caribbean, which is 3.37, 1.3× the median. (34 countries reporting)
Biggest year-on-year movements
Years where Real gdp growth in St. 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 |
|---|---|---|---|
| 1988 | +3113.5% | 0.438 | 14.07 |
| 2020 | -816.6% | 0.669 | -4.79 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.8 | 0.438 | 14.07 | 10 |
| 1990s | 3.4 | -1.25 | 7.77 | 10 |
| 2000s | 2.91 | -1.22 | 6.54 | 10 |
| 2010s | 1.21 | -4.28 | 4.15 | 10 |
| 2020s | 2.27 | -4.79 | 5 | 5 |
Countries ranked near St. Vincent and the Grenadines
- 54 Nepal 4.6 compare
- 55 Costa Rica 4.56 compare
- 56 Saudi Arabia 4.5 compare
- 58 Grenada 4.41 compare
- 59 Philippines 4.4 compare
- 60 Egypt, Arab Republic of 4.39 compare
More economy & growth data for St. 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 real gdp growth in St. Vincent and the Grenadines?
- Real gdp growth in St. Vincent and the Grenadines was 4.5 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in St. Vincent and the Grenadines?
- The highest recorded value was 14.07 in 1988.
- What is the lowest real gdp growth recorded in St. Vincent and the Grenadines?
- The lowest recorded value was -4.79 in 2020.
- How does St. Vincent and the Grenadines rank for real gdp growth?
- St. Vincent and the Grenadines ranks 57th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in St. Vincent and the Grenadines?
- Over the last ten years it is up 292.7%. The long-run trend across the full record is volatile.
- Where does this St. Vincent and the Grenadines data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
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