Taxes less subsidies on products (current LCU), annual growth rate in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Taxes less subsidies on products (current LCU), annual growth rate was 11.94 % change on previous year in 2025. ◆ Volatile
Taxes less subsidies on products (current LCU), annual growth rate in Saint Vincent and the Grenadines, 1978–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Saint Vincent and the Grenadines recorded 11.94 % change on previous year for taxes less subsidies on products (current lcu), annual growth rate in 2025.
That represents a change of up 56.0% on the previous year and up 285.2% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Saint Vincent and the Grenadines peaked at 31.02 % change on previous year in 1981 and was at its lowest, -12.43 % change on previous year, in 2000.
Saint Vincent and the Grenadines ranks 60th of 197 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.
Taxes less subsidies on products (current LCU), annual growth rate in Saint Vincent and the Grenadines, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1978 | 22.18 % change on previous year | — |
| 1979 | 22.1 % change on previous year | -0.3% |
| 1980 | 11.72 % change on previous year | -47.0% |
| 1981 | 31.02 % change on previous year | +164.7% |
| 1982 | 26.79 % change on previous year | -13.6% |
| 1983 | 0.2457 % change on previous year | -99.1% |
| 1984 | 19.88 % change on previous year | +7990.2% |
| 1985 | 20.36 % change on previous year | +2.4% |
| 1986 | 11.6 % change on previous year | -43.0% |
| 1987 | 7.87 % change on previous year | -32.2% |
| 1988 | 19.49 % change on previous year | +147.6% |
| 1989 | -3.66 % change on previous year | -118.8% |
| 1990 | 8.11 % change on previous year | -321.7% |
| 1991 | -1.25 % change on previous year | -115.4% |
| 1992 | 3.78 % change on previous year | -402.9% |
| 1993 | 7.66 % change on previous year | +102.7% |
| 1994 | 0.4008 % change on previous year | -94.8% |
| 1995 | 16.71 % change on previous year | +4070.5% |
| 1996 | 6.19 % change on previous year | -63.0% |
| 1997 | 3.19 % change on previous year | -48.5% |
| 1998 | 5.08 % change on previous year | +59.4% |
| 1999 | 8.61 % change on previous year | +69.5% |
| 2000 | -12.43 % change on previous year | -244.3% |
| 2001 | 10.33 % change on previous year | -183.1% |
| 2002 | 9.71 % change on previous year | -6.0% |
| 2003 | 6.5 % change on previous year | -33.1% |
| 2004 | 5.14 % change on previous year | -20.8% |
| 2005 | 0.9204 % change on previous year | -82.1% |
| 2006 | 23.23 % change on previous year | +2423.6% |
| 2007 | 17.12 % change on previous year | -26.3% |
| 2008 | 18.54 % change on previous year | +8.3% |
| 2009 | -2.11 % change on previous year | -111.4% |
| 2010 | -5.62 % change on previous year | +166.3% |
| 2011 | -4.72 % change on previous year | -16.1% |
| 2012 | 2.16 % change on previous year | -145.9% |
| 2013 | 1.72 % change on previous year | -20.6% |
| 2014 | 8.38 % change on previous year | +387.7% |
| 2015 | 3.1 % change on previous year | -63.0% |
| 2016 | 11.44 % change on previous year | +269.3% |
| 2017 | 3.33 % change on previous year | -70.9% |
| 2018 | 3.25 % change on previous year | -2.4% |
| 2019 | 3.23 % change on previous year | -0.7% |
| 2020 | -0.8072 % change on previous year | -125.0% |
| 2021 | 13.57 % change on previous year | -1781.5% |
| 2022 | 2.62 % change on previous year | -80.7% |
| 2023 | 0.1651 % change on previous year | -93.7% |
| 2024 | 7.65 % change on previous year | +4535.2% |
| 2025 | 11.94 % change on previous year | +56.0% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 11.94 % change on previous year is above the median for upper middle income countries, which is 8 % change on previous year, 1.5× the median. (55 countries reporting)
- Saint Vincent and the Grenadines's 11.94 % change on previous year is above the median for Latin America & Caribbean, which is 7.79 % change on previous year, 1.5× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current LCU), annual growth rate in Saint Vincent and the Grenadines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +7990.2% | 0.2457 % change on previous year | 19.88 % change on previous year |
| 2024 | +4535.2% | 0.1651 % change on previous year | 7.65 % change on previous year |
| 1995 | +4070.5% | 0.4008 % change on previous year | 16.71 % change on previous year |
| 2006 | +2423.6% | 0.9204 % change on previous year | 23.23 % change on previous year |
| 2021 | +1781.5% | -0.8072 % change on previous year | 13.57 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.14 % change on previous year | 22.1 % change on previous year | 22.18 % change on previous year | 2 |
| 1980s | 14.53 % change on previous year | -3.66 % change on previous year | 31.02 % change on previous year | 10 |
| 1990s | 5.85 % change on previous year | -1.25 % change on previous year | 16.71 % change on previous year | 10 |
| 2000s | 7.7 % change on previous year | -12.43 % change on previous year | 23.23 % change on previous year | 10 |
| 2010s | 2.63 % change on previous year | -5.62 % change on previous year | 11.44 % change on previous year | 10 |
| 2020s | 5.86 % change on previous year | -0.8072 % change on previous year | 13.57 % change on previous year | 6 |
Countries ranked near Saint Vincent and the Grenadines
- 57 Antigua and Barbuda 12.43 % change on previous year compare
- 58 Lao People's Democratic Republic 12.43 % change on previous year compare
- 59 Curaçao 12.24 % change on previous year compare
- 61 Colombia 11.78 % change on previous year compare
- 62 Spain 11.71 % change on previous year compare
- 63 Madagascar 11.63 % change on previous year compare
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 taxes less subsidies on products (current lcu), annual growth rate in Saint Vincent and the Grenadines?
- Taxes less subsidies on products (current lcu), annual growth rate in Saint Vincent and the Grenadines was 11.94 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 31.02 % change on previous year in 1981.
- What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was -12.43 % change on previous year in 2000.
- How does Saint Vincent and the Grenadines rank for taxes less subsidies on products (current lcu), annual growth rate?
- Saint Vincent and the Grenadines ranks 60th out of 197 countries with data for 2025.
- Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 285.2%. 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 Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 48 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.