Services, value added (% of GDP) in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Services, value added (% of GDP) was 66.4% in 2025. ▲ Rising
Services, value added in Saint Vincent and the Grenadines, 1977–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for services, value added in Saint Vincent and the Grenadines is 66.4%, measured in 2025.
The figure is down 0.1% on the previous year and up 2.5% over ten years.
Over the whole period, services, value added in Saint Vincent and the Grenadines peaked at 66.7% in 2005 and was at its lowest, 54.0%, in 1988.
Saint Vincent and the Grenadines ranks 49th of 206 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Services, value added (% of GDP) in Saint Vincent and the Grenadines, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 63.4% | — |
| 1978 | 60.2% | -5.0% |
| 1979 | 59.9% | -0.4% |
| 1980 | 62.8% | +4.9% |
| 1981 | 60.6% | -3.6% |
| 1982 | 60.0% | -1.0% |
| 1983 | 61.5% | +2.6% |
| 1984 | 59.3% | -3.7% |
| 1985 | 57.6% | -2.8% |
| 1986 | 56.4% | -2.1% |
| 1987 | 57.2% | +1.4% |
| 1988 | 54.0% | -5.4% |
| 1989 | 56.1% | +3.8% |
| 1990 | 56.8% | +1.3% |
| 1991 | 58.8% | +3.4% |
| 1992 | 57.7% | -1.8% |
| 1993 | 60.1% | +4.2% |
| 1994 | 62.4% | +3.9% |
| 1995 | 60.5% | -3.1% |
| 1996 | 61.6% | +1.8% |
| 1997 | 62.2% | +1.0% |
| 1998 | 61.6% | -0.9% |
| 1999 | 62.6% | +1.7% |
| 2000 | 64.1% | +2.3% |
| 2001 | 65.9% | +2.9% |
| 2002 | 66.2% | +0.5% |
| 2003 | 66.5% | +0.4% |
| 2004 | 66.6% | +0.1% |
| 2005 | 66.7% | +0.2% |
| 2006 | 65.8% | -1.3% |
| 2007 | 63.7% | -3.3% |
| 2008 | 63.5% | -0.3% |
| 2009 | 63.0% | -0.8% |
| 2010 | 64.0% | +1.6% |
| 2011 | 65.2% | +1.9% |
| 2012 | 65.9% | +1.2% |
| 2013 | 65.8% | -0.2% |
| 2014 | 65.4% | -0.6% |
| 2015 | 64.7% | -1.1% |
| 2016 | 63.7% | -1.5% |
| 2017 | 63.5% | -0.4% |
| 2018 | 63.5% | -0.0% |
| 2019 | 64.4% | +1.5% |
| 2020 | 63.2% | -1.8% |
| 2021 | 64.7% | +2.4% |
| 2022 | 64.9% | +0.3% |
| 2023 | 66.4% | +2.3% |
| 2024 | 66.4% | +0.0% |
| 2025 | 66.4% | -0.1% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 66.4% is above the median for upper middle income countries, which is 58.1%, 1.1× the median. (58 countries reporting)
- Saint Vincent and the Grenadines's 66.4% is above the median for Latin America & Caribbean, which is 59.8%, 1.1× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 61.2% | 59.9% | 63.4% | 3 |
| 1980s | 58.6% | 54.0% | 62.8% | 10 |
| 1990s | 60.4% | 56.8% | 62.6% | 10 |
| 2000s | 65.2% | 63.0% | 66.7% | 10 |
| 2010s | 64.6% | 63.5% | 65.9% | 10 |
| 2020s | 65.3% | 63.2% | 66.4% | 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0122 units 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 66.4% 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 66.7% in 2005.
- What is the lowest services, value added recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 54.0% in 1988.
- How does Saint Vincent and the Grenadines rank for services, value added?
- Saint Vincent and the Grenadines ranks 49th out of 206 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 2.5%. 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 Country official statistics, National Statistical Offices (NSOs), published as part of Services, value added (% of GDP). 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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.