Services, value added in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Services, value added was 4.1% in 2025. ◆ Volatile
Services, value added in Saint Vincent and the Grenadines, 1978–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for services, value added in Saint Vincent and the Grenadines is 4.1%, measured in 2025.
The figure is down 7.8% on the previous year and up 24.2% over ten years.
Over the whole period, services, value added in Saint Vincent and the Grenadines peaked at 8.2% in 1993 and was at its lowest, -5.2%, in 2020.
Saint Vincent and the Grenadines ranks 77th of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added in Saint Vincent and the Grenadines, year by year
| Year | annual % growth | Change |
|---|---|---|
| 1978 | 2.8% | — |
| 1979 | 4.3% | +53.6% |
| 1980 | 6.2% | +43.7% |
| 1981 | -2.7% | -143.4% |
| 1982 | 4.9% | -283.8% |
| 1983 | 3.7% | -25.4% |
| 1984 | 2.1% | -41.4% |
| 1985 | 3.7% | +71.7% |
| 1986 | 5.4% | +46.6% |
| 1987 | -0.0% | -100.2% |
| 1988 | 7.5% | -68151.2% |
| 1989 | 3.4% | -55.1% |
| 1990 | 6.1% | +81.1% |
| 1991 | 7.5% | +23.7% |
| 1992 | 4.7% | -38.4% |
| 1993 | 8.2% | +75.7% |
| 1994 | 6.5% | -20.3% |
| 1995 | 2.3% | -64.5% |
| 1996 | 2.8% | +20.7% |
| 1997 | 7.4% | +163.7% |
| 1998 | 4.2% | -43.5% |
| 1999 | 4.0% | -3.8% |
| 2000 | 4.3% | +7.3% |
| 2001 | 3.2% | -25.6% |
| 2002 | 5.0% | +56.2% |
| 2003 | 6.7% | +34.3% |
| 2004 | 5.3% | -20.7% |
| 2005 | 2.7% | -48.4% |
| 2006 | 6.5% | +136.5% |
| 2007 | 1.9% | -70.8% |
| 2008 | -0.2% | -111.2% |
| 2009 | -3.0% | +1328.6% |
| 2010 | -0.3% | -90.6% |
| 2011 | 0.4% | -225.7% |
| 2012 | 1.8% | +403.6% |
| 2013 | 2.5% | +39.0% |
| 2014 | 0.8% | -67.3% |
| 2015 | 3.3% | +302.1% |
| 2016 | 3.0% | -7.8% |
| 2017 | 1.0% | -68.1% |
| 2018 | 2.9% | +202.2% |
| 2019 | 2.2% | -24.3% |
| 2020 | -5.2% | -334.4% |
| 2021 | 2.3% | -144.9% |
| 2022 | 3.6% | +53.0% |
| 2023 | 6.5% | +83.6% |
| 2024 | 4.4% | -32.2% |
| 2025 | 4.1% | -7.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.5% | 2.8% | 4.3% | 2 |
| 1980s | 3.4% | -2.7% | 7.5% | 10 |
| 1990s | 5.4% | 2.3% | 8.2% | 10 |
| 2000s | 3.2% | -3.0% | 6.7% | 10 |
| 2010s | 1.8% | -0.3% | 3.3% | 10 |
| 2020s | 2.6% | -5.2% | 6.5% | 6 |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 7.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.849 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 10,665 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 7.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 2.29 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 28,796 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3.17 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6589 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is services, value added in Saint Vincent and the Grenadines?
- Services, value added in Saint Vincent and the Grenadines was 4.1% in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 8.2% in 1993.
- What is the lowest services, value added recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was -5.2% in 2020.
- How does Saint Vincent and the Grenadines rank for services, value added?
- Saint Vincent and the Grenadines ranks 77th out of 196 countries with data for 2025.
- Is services, value added rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 24.2%. The long-run trend across the full record is volatile.
- Where does this Saint Vincent and the Grenadines data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.