Share of household consumption in GDP vs. GDP per capita in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Share of household consumption in GDP vs. GDP per capita was 62.2% in 2023. ▲ Rising
Latest (2023)
62.2%
Change on year
down 7.5%
World rank
90th
of 184 countries
All-time high
96.4%
in 2007
All-time low
51.5%
in 1995
Years of data
54
1970–2023
Share of household consumption in GDP vs. GDP per capita in Saint Vincent and the Grenadines, 1970–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
In 2023, share of household consumption in gdp vs. gdp per capita in Saint Vincent and the Grenadines stood at 62.2%.
The figure is down 7.5% on the previous year and down 20.4% over ten years.
Over the whole period, share of household consumption in gdp vs. gdp per capita in Saint Vincent and the Grenadines peaked at 96.4% in 2007 and was at its lowest, 51.5%, in 1995.
Saint Vincent and the Grenadines ranks 90th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Share of household consumption in GDP vs. GDP per capita in Saint Vincent and the Grenadines, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 70.5% | — |
| 1971 | 70.0% | -0.7% |
| 1972 | 69.1% | -1.3% |
| 1973 | 68.4% | -1.0% |
| 1974 | 72.1% | +5.4% |
| 1975 | 71.5% | -0.8% |
| 1976 | 68.5% | -4.3% |
| 1977 | 74.8% | +9.2% |
| 1978 | 63.8% | -14.6% |
| 1979 | 75.2% | +17.8% |
| 1980 | 79.7% | +6.0% |
| 1981 | 67.9% | -14.8% |
| 1982 | 68.7% | +1.1% |
| 1983 | 66.4% | -3.3% |
| 1984 | 56.1% | -15.5% |
| 1985 | 55.7% | -0.8% |
| 1986 | 55.5% | -0.3% |
| 1987 | 59.7% | +7.5% |
| 1988 | 56.8% | -4.9% |
| 1989 | 69.0% | +21.6% |
| 1990 | 71.1% | +3.0% |
| 1991 | 73.5% | +3.4% |
| 1992 | 55.5% | -24.4% |
| 1993 | 70.2% | +26.4% |
| 1994 | 71.6% | +2.0% |
| 1995 | 51.5% | -28.1% |
| 1996 | 52.2% | +1.3% |
| 1997 | 65.5% | +25.4% |
| 1998 | 77.5% | +18.3% |
| 1999 | 71.4% | -7.9% |
| 2000 | 52.3% | -26.7% |
| 2001 | 73.5% | +40.5% |
| 2002 | 75.9% | +3.2% |
| 2003 | 81.1% | +6.9% |
| 2004 | 86.9% | +7.1% |
| 2005 | 85.4% | -1.7% |
| 2006 | 81.4% | -4.7% |
| 2007 | 96.4% | +18.4% |
| 2008 | 83.3% | -13.6% |
| 2009 | 78.9% | -5.2% |
| 2010 | 81.1% | +2.8% |
| 2011 | 78.0% | -3.9% |
| 2012 | 75.8% | -2.8% |
| 2013 | 78.1% | +3.1% |
| 2014 | 78.8% | +0.9% |
| 2015 | 72.3% | -8.3% |
| 2016 | 75.0% | +3.8% |
| 2017 | 76.2% | +1.6% |
| 2018 | 67.9% | -10.9% |
| 2019 | 63.8% | -6.0% |
| 2020 | 69.8% | +9.3% |
| 2021 | 73.1% | +4.8% |
| 2022 | 67.2% | -8.1% |
| 2023 | 62.2% | -7.5% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 62.2% is above the median for upper middle income countries, which is 60.8%, 1.0× the median. (51 countries reporting)
- Saint Vincent and the Grenadines's 62.2% is below the median for Latin America & Caribbean, which is 64.6%, 96% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 70.4% | 63.8% | 75.2% | 10 |
| 1980s | 63.5% | 55.5% | 79.7% | 10 |
| 1990s | 66.0% | 51.5% | 77.5% | 10 |
| 2000s | 79.5% | 52.3% | 96.4% | 10 |
| 2010s | 74.7% | 63.8% | 81.1% | 10 |
| 2020s | 68.1% | 62.2% | 73.1% | 4 |
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 share of household consumption in gdp vs. gdp per capita in Saint Vincent and the Grenadines?
- Share of household consumption in gdp vs. gdp per capita in Saint Vincent and the Grenadines was 62.2% in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest share of household consumption in gdp vs. gdp per capita recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 96.4% in 2007.
- What is the lowest share of household consumption in gdp vs. gdp per capita recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 51.5% in 1995.
- How does Saint Vincent and the Grenadines rank for share of household consumption in gdp vs. gdp per capita?
- Saint Vincent and the Grenadines ranks 90th out of 184 countries with data for 2023.
- Is share of household consumption in gdp vs. gdp per capita rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is down 20.4%. 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 Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Share of household consumption in GDP vs. GDP per capita. Statizoid updates them automatically from the source API.
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About this data
Household consumption divided by gross domestic product, expressed as a percentage.