Tax revenue as share of GDP in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Tax revenue as share of GDP was 26.2% in 2021. ▲ Rising
Latest (2021)
26.2%
Change on year
up 10.1%
World rank
58th
of 187 countries
All-time high
26.2%
in 2021
All-time low
12.7%
in 1981
Years of data
42
1980–2021
Tax revenue as share of GDP in Saint Vincent and the Grenadines, 1980–2021
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in % of GDP.
Analysis
Saint Vincent and the Grenadines recorded 26.2% for tax revenue as share of gdp in 2021. That is the highest value across all 42 years on record.
That represents a change of up 10.1% on the previous year and up 22.4% over ten years.
Over the whole period, tax revenue as share of gdp in Saint Vincent and the Grenadines peaked at 26.2% in 2021 and was at its lowest, 12.7%, in 1981.
Saint Vincent and the Grenadines ranks 58th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 42 years of available data.
Tax revenue as share of GDP in Saint Vincent and the Grenadines, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 14.4% | — |
| 1981 | 12.7% | -12.0% |
| 1982 | 15.2% | +20.0% |
| 1983 | 17.2% | +13.6% |
| 1984 | 15.9% | -7.9% |
| 1985 | 17.1% | +7.4% |
| 1986 | 16.9% | -1.0% |
| 1987 | 17.2% | +1.9% |
| 1988 | 16.7% | -2.7% |
| 1989 | 17.6% | +5.2% |
| 1990 | 16.9% | -3.9% |
| 1991 | 19.3% | +14.1% |
| 1992 | 18.2% | -5.6% |
| 1993 | 18.4% | +1.1% |
| 1994 | 19.4% | +5.6% |
| 1995 | 19.0% | -2.4% |
| 1996 | 19.7% | +3.7% |
| 1997 | 20.4% | +3.6% |
| 1998 | 21.0% | +3.2% |
| 1999 | 20.6% | -2.1% |
| 2000 | 19.7% | -4.2% |
| 2001 | 19.4% | -1.8% |
| 2002 | 20.7% | +7.0% |
| 2003 | 19.8% | -4.3% |
| 2004 | 19.6% | -1.2% |
| 2005 | 19.7% | +0.7% |
| 2006 | 20.8% | +5.6% |
| 2007 | 20.9% | +0.3% |
| 2008 | 22.6% | +8.4% |
| 2009 | 22.4% | -1.0% |
| 2010 | 21.7% | -3.4% |
| 2011 | 21.4% | -1.3% |
| 2012 | 21.8% | +2.1% |
| 2013 | 20.4% | -6.8% |
| 2014 | 22.5% | +10.5% |
| 2015 | 22.7% | +0.7% |
| 2016 | 24.3% | +7.5% |
| 2017 | 23.8% | -2.3% |
| 2018 | 23.1% | -3.0% |
| 2019 | 22.6% | -2.1% |
| 2020 | 23.8% | +5.3% |
| 2021 | 26.2% | +10.1% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 26.2% is above the median for upper middle income countries, which is 21.9%, 1.2× the median. (54 countries reporting)
- Saint Vincent and the Grenadines's 26.2% is above the median for Latin America & Caribbean, which is 19.6%, 1.3× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 16.1% | 12.7% | 17.6% | 10 |
| 1990s | 19.3% | 16.9% | 21.0% | 10 |
| 2000s | 20.6% | 19.4% | 22.6% | 10 |
| 2010s | 22.4% | 20.4% | 24.3% | 10 |
| 2020s | 25.0% | 23.8% | 26.2% | 2 |
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 share of gdp in Saint Vincent and the Grenadines?
- Tax revenue as share of gdp in Saint Vincent and the Grenadines was 26.2% in 2021, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest tax revenue as share of gdp recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 26.2% in 2021.
- What is the lowest tax revenue as share of gdp recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 12.7% in 1981.
- How does Saint Vincent and the Grenadines rank for tax revenue as share of gdp?
- Saint Vincent and the Grenadines ranks 58th out of 187 countries with data for 2021.
- Is tax revenue as share of gdp rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 22.4%. 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 UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Tax revenue as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Direct and indirect taxes as well as social contributions included.