Trade in services as share of GDP in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Trade in services as share of GDP was 47.3% in 2025. ▲ Rising
Latest (2025)
47.3%
Change on year
down 5.0%
World rank
33rd
of 198 countries
All-time high
51.0%
in 1997
All-time low
23.0%
in 2021
Years of data
48
1978–2025
Trade in services as share of GDP in Saint Vincent and the Grenadines, 1978–2025
Source: International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for trade in services as share of gdp in Saint Vincent and the Grenadines is 47.3%, measured in 2025.
Compared with earlier readings it is down 5.0% on the previous year and up 3.6% over ten years.
Over the whole period, trade in services as share of gdp in Saint Vincent and the Grenadines peaked at 51.0% in 1997 and was at its lowest, 23.0%, in 2021.
Saint Vincent and the Grenadines ranks 33rd of 198 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 48 years of available data.
Trade in services as share of GDP in Saint Vincent and the Grenadines, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1978 | 27.4% | — |
| 1979 | 33.1% | +20.5% |
| 1980 | 35.3% | +6.8% |
| 1981 | 31.5% | -10.7% |
| 1982 | 27.0% | -14.4% |
| 1983 | 27.0% | +0.1% |
| 1984 | 26.9% | -0.4% |
| 1985 | 25.5% | -5.4% |
| 1986 | 32.3% | +26.8% |
| 1987 | 36.6% | +13.2% |
| 1988 | 32.8% | -10.4% |
| 1989 | 33.6% | +2.6% |
| 1990 | 31.9% | -5.2% |
| 1991 | 31.6% | -0.9% |
| 1992 | 37.3% | +18.2% |
| 1993 | 37.4% | +0.3% |
| 1994 | 40.8% | +8.9% |
| 1995 | 41.0% | +0.5% |
| 1996 | 46.7% | +14.0% |
| 1997 | 51.0% | +9.2% |
| 1998 | 49.9% | -2.2% |
| 1999 | 48.8% | -2.3% |
| 2000 | 46.7% | -4.1% |
| 2001 | 48.7% | +4.2% |
| 2002 | 48.5% | -0.4% |
| 2003 | 49.1% | +1.3% |
| 2004 | 47.4% | -3.5% |
| 2005 | 47.6% | +0.3% |
| 2006 | 45.2% | -5.0% |
| 2007 | 46.4% | +2.7% |
| 2008 | 42.2% | -9.0% |
| 2009 | 41.7% | -1.2% |
| 2010 | 42.1% | +0.9% |
| 2011 | 41.2% | -2.2% |
| 2012 | 43.3% | +5.3% |
| 2013 | 43.6% | +0.5% |
| 2014 | 43.6% | -0.0% |
| 2015 | 45.7% | +4.9% |
| 2016 | 49.0% | +7.3% |
| 2017 | 45.9% | -6.3% |
| 2018 | 47.1% | +2.5% |
| 2019 | 45.6% | -3.2% |
| 2020 | 25.3% | -44.6% |
| 2021 | 23.0% | -9.1% |
| 2022 | 38.5% | +67.8% |
| 2023 | 43.9% | +14.0% |
| 2024 | 49.9% | +13.5% |
| 2025 | 47.3% | -5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.2% | 27.4% | 33.1% | 2 |
| 1980s | 30.9% | 25.5% | 36.6% | 10 |
| 1990s | 41.6% | 31.6% | 51.0% | 10 |
| 2000s | 46.4% | 41.7% | 49.1% | 10 |
| 2010s | 44.7% | 41.2% | 49.0% | 10 |
| 2020s | 38.0% | 23.0% | 49.9% | 6 |
Countries ranked near Saint Vincent and the Grenadines
- 30 Fiji 52.2% compare
- 31 Hong Kong, China 48.6% compare
- 32 Lithuania 48.6% compare
- 34 Belize 47.1% compare
- 35 Netherlands 46.9% compare
- 36 Montenegro 46.7% 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 trade in services as share of gdp in Saint Vincent and the Grenadines?
- Trade in services as share of gdp in Saint Vincent and the Grenadines was 47.3% in 2025, according to International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data.
- What is the highest trade in services as share of gdp recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 51.0% in 1997.
- What is the lowest trade in services as share of gdp recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 23.0% in 2021.
- How does Saint Vincent and the Grenadines rank for trade in services as share of gdp?
- Saint Vincent and the Grenadines ranks 33rd out of 198 countries with data for 2025.
- Is trade in services as share of gdp rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 3.6%. 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 International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data, published as part of Trade in services as share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 48 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total services trade (exports and imports) divided by gross domestic product (GDP).