Revenue from corporate income taxes as a share of GDP in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Revenue from corporate income taxes as a share of GDP was 2.6% in 2017. ▼ Falling
Latest (2017)
2.6%
Change on year
down 15.2%
World rank
80th
of 163 countries
All-time high
3.8%
in 1998
All-time low
1.6%
in 2013
Years of data
28
1990–2017
Revenue from corporate income taxes as a share of GDP in Saint Vincent and the Grenadines, 1990–2017
Source: International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data. Measured in %.
Analysis
Saint Vincent and the Grenadines recorded 2.6% for revenue from corporate income taxes as a share of gdp in 2017.
The figure is down 15.2% on the previous year and up 12.5% over ten years.
Over the whole period, revenue from corporate income taxes as a share of gdp in Saint Vincent and the Grenadines peaked at 3.8% in 1998 and was at its lowest, 1.6%, in 2013.
That places Saint Vincent and the Grenadines 80th out of 163 countries with data for 2017, putting it in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Revenue from corporate income taxes as a share of GDP in Saint Vincent and the Grenadines, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 2.7% | — |
| 1991 | 3.6% | +33.1% |
| 1992 | 3.0% | -16.4% |
| 1993 | 2.7% | -9.4% |
| 1994 | 3.7% | +37.6% |
| 1995 | 2.9% | -23.5% |
| 1996 | 3.0% | +3.5% |
| 1997 | 2.9% | -3.6% |
| 1998 | 3.8% | +34.0% |
| 1999 | 3.0% | -22.0% |
| 2000 | 3.4% | +12.9% |
| 2001 | 2.9% | -14.4% |
| 2002 | 3.6% | +25.6% |
| 2003 | 2.9% | -19.1% |
| 2004 | 2.7% | -9.3% |
| 2005 | 3.0% | +12.4% |
| 2006 | 2.6% | -11.8% |
| 2007 | 2.4% | -10.7% |
| 2008 | 2.5% | +5.7% |
| 2009 | 2.5% | -1.0% |
| 2010 | 2.2% | -11.6% |
| 2011 | 2.1% | -4.7% |
| 2012 | 2.2% | +5.5% |
| 2013 | 1.6% | -28.4% |
| 2014 | 2.0% | +30.6% |
| 2015 | 2.3% | +11.0% |
| 2016 | 3.1% | +37.4% |
| 2017 | 2.6% | -15.2% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 2.6% is below the median for upper middle income countries, which is 2.8%, 95% of the median. (49 countries reporting)
- Saint Vincent and the Grenadines's 2.6% is below the median for Latin America & Caribbean, which is 2.7%, 97% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.1% | 2.7% | 3.8% | 10 |
| 2000s | 2.8% | 2.4% | 3.6% | 10 |
| 2010s | 2.3% | 1.6% | 3.1% | 8 |
Countries ranked near Saint Vincent and the Grenadines
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 revenue from corporate income taxes as a share of gdp in Saint Vincent and the Grenadines?
- Revenue from corporate income taxes as a share of gdp in Saint Vincent and the Grenadines was 2.6% in 2017, according to International Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data.
- What is the highest revenue from corporate income taxes as a share of gdp recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 3.8% in 1998.
- What is the lowest revenue from corporate income taxes as a share of gdp recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 1.6% in 2013.
- How does Saint Vincent and the Grenadines rank for revenue from corporate income taxes as a share of gdp?
- Saint Vincent and the Grenadines ranks 80th out of 163 countries with data for 2017.
- Is revenue from corporate income taxes as a share of gdp rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 12.5%. 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 Centre for Tax and Development and UNU-WIDER (2019) – processed by Our World in Data, published as part of Revenue from corporate income taxes as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Corporate income taxes include natural resources taxes.