Tax revenue as a proportion of GDP in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Tax revenue as a proportion of GDP was 23.8% in 2017. ▲ Rising
Latest (2017)
23.8%
Change on year
down 2.3%
World rank
22nd
of 164 countries
All-time high
24.4%
in 2016
All-time low
19.4%
in 2001
Years of data
18
2000–2017
Tax revenue as a proportion of GDP in Saint Vincent and the Grenadines, 2000–2017
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2017, tax revenue as a proportion of gdp in Saint Vincent and the Grenadines stood at 23.8%.
That represents a change of down 2.3% on the previous year and up 13.9% over ten years.
Over the whole period, tax revenue as a proportion of gdp in Saint Vincent and the Grenadines peaked at 24.4% in 2016 and was at its lowest, 19.4%, in 2001.
Saint Vincent and the Grenadines ranks 22nd of 164 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Tax revenue as a proportion of GDP in Saint Vincent and the Grenadines, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 19.7% | — |
| 2001 | 19.4% | -1.7% |
| 2002 | 20.7% | +7.0% |
| 2003 | 19.8% | -4.3% |
| 2004 | 19.6% | -1.2% |
| 2005 | 19.7% | +0.7% |
| 2006 | 20.8% | +5.5% |
| 2007 | 20.9% | +0.4% |
| 2008 | 22.6% | +8.4% |
| 2009 | 22.4% | -0.9% |
| 2010 | 21.7% | -3.4% |
| 2011 | 21.4% | -1.3% |
| 2012 | 21.8% | +2.2% |
| 2013 | 20.4% | -6.7% |
| 2014 | 22.5% | +10.5% |
| 2015 | 22.7% | +0.7% |
| 2016 | 24.4% | +7.5% |
| 2017 | 23.8% | -2.3% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 23.8% is above the median for upper middle income countries, which is 17.2%, 1.4× the median. (45 countries reporting)
- Saint Vincent and the Grenadines's 23.8% is above the median for Latin America & Caribbean, which is 15.7%, 1.5× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.6% | 19.4% | 22.6% | 10 |
| 2010s | 22.3% | 20.4% | 24.4% | 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 tax revenue as a proportion of gdp in Saint Vincent and the Grenadines?
- Tax revenue as a proportion of gdp in Saint Vincent and the Grenadines was 23.8% in 2017, according to United Nations Statistics Division, SDG Global Database.
- What is the highest tax revenue as a proportion of gdp recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 24.4% in 2016.
- What is the lowest tax revenue as a proportion of gdp recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 19.4% in 2001.
- How does Saint Vincent and the Grenadines rank for tax revenue as a proportion of gdp?
- Saint Vincent and the Grenadines ranks 22nd out of 164 countries with data for 2017.
- Is tax revenue as a proportion of gdp rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 13.9%. 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 United Nations Statistics Division, SDG Global Database, published as part of Tax revenue as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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