Taxes on goods and services as share of GDP in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Taxes on goods and services as share of GDP was 13.7% in 2021. ◆ Volatile
Taxes on goods and services as share of GDP in Saint Vincent and the Grenadines, 1990–2021
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 13.7% for taxes on goods and services as share of gdp in 2021. That is the highest value across all 31 years on record.
Compared with earlier readings it is up 20.8% on the previous year and up 23.6% over ten years.
Over the whole period, taxes on goods and services as share of gdp in Saint Vincent and the Grenadines peaked at 13.7% in 2021 and was at its lowest, 2.1%, in 1993.
That places Saint Vincent and the Grenadines 20th out of 187 countries with data for 2021, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services as share of GDP in Saint Vincent and the Grenadines, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 2.8% | — |
| 1991 | 2.4% | -17.0% |
| 1992 | 2.3% | -4.1% |
| 1993 | 2.1% | -8.3% |
| 1994 | 2.1% | +2.9% |
| 1995 | 2.2% | +2.8% |
| 1996 | 2.3% | +6.1% |
| 1997 | 2.4% | +4.3% |
| 1998 | 2.2% | -7.6% |
| 1999 | 2.4% | +7.0% |
| 2000 | 4.5% | +85.9% |
| 2001 | 4.4% | -0.3% |
| 2002 | 4.2% | -4.6% |
| 2003 | 4.4% | +2.8% |
| 2004 | 4.7% | +8.2% |
| 2005 | 4.7% | -0.7% |
| 2006 | 5.7% | +20.8% |
| 2007 | 9.6% | +70.2% |
| 2008 | 12.4% | +29.2% |
| 2009 | 12.3% | -1.2% |
| 2010 | 11.7% | -4.5% |
| 2011 | 11.1% | -5.4% |
| 2012 | 11.4% | +2.6% |
| 2013 | 10.8% | -5.0% |
| 2014 | 9.8% | -9.0% |
| 2015 | 10.4% | +5.8% |
| 2016 | 12.0% | +15.4% |
| 2017 | 11.7% | -3.0% |
| 2019 | 11.1% | -5.1% |
| 2020 | 11.4% | +2.6% |
| 2021 | 13.7% | +20.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.3% | 2.1% | 2.8% | 10 |
| 2000s | 6.7% | 4.2% | 12.4% | 10 |
| 2010s | 11.1% | 9.8% | 12.0% | 9 |
| 2020s | 12.5% | 11.4% | 13.7% | 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)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.12 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0928 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 1,166 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 2.66 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.0258 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 323.93 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) 2.66 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant LCU), per 0.0763 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is taxes on goods and services as share of gdp in Saint Vincent and the Grenadines?
- Taxes on goods and services as share of gdp in Saint Vincent and the Grenadines was 13.7% in 2021, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on goods and services as share of gdp recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 13.7% in 2021.
- What is the lowest taxes on goods and services as share of gdp recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 2.1% in 1993.
- How does Saint Vincent and the Grenadines rank for taxes on goods and services as share of gdp?
- Saint Vincent and the Grenadines ranks 20th out of 187 countries with data for 2021.
- Is taxes on goods and services as share of gdp rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 23.6%. 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 UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on goods and services as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on goods and services (including sales taxes, value added taxes and excise duties) divided by gross domestic product, expressed as a percentage.