Taxes on income vs. taxes on goods and services in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Taxes on income vs. taxes on goods and services was 13.7% in 2021. ◆ Volatile
Taxes on income vs. taxes on goods and services 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
In 2021, taxes on income vs. taxes on goods and services in Saint Vincent and the Grenadines stood at 13.7%. That is the highest value across all 31 years on record.
That represents a change of up 20.8% on the previous year and up 23.6% over ten years.
Over the whole period, taxes on income vs. taxes on goods and services in Saint Vincent and the Grenadines peaked at 13.7% in 2021 and was at its lowest, 2.1%, in 1993.
Saint Vincent and the Grenadines ranks 20th of 187 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on income vs. taxes on goods and services 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% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 13.7% is above the median for upper middle income countries, which is 9.9%, 1.4× the median. (53 countries reporting)
- Saint Vincent and the Grenadines's 13.7% is above the median for Latin America & Caribbean, which is 8.4%, 1.6× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Taxes on income vs. taxes on goods and services 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 |
|---|---|---|---|
| 2000 | +85.9% | 2.4% | 4.5% |
| 2007 | +70.2% | 5.7% | 9.6% |
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)
- 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 on income vs. taxes on goods and services in Saint Vincent and the Grenadines?
- Taxes on income vs. taxes on goods and services 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 income vs. taxes on goods and services recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 13.7% in 2021.
- What is the lowest taxes on income vs. taxes on goods and services 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 income vs. taxes on goods and services?
- Saint Vincent and the Grenadines ranks 20th out of 187 countries with data for 2021.
- Is taxes on income vs. taxes on goods and services 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 income vs. taxes on goods and services. Statizoid updates them automatically from the source API.
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About this data
Total taxes on income (individual and corporate) vs. total taxes on goods and services (including VAT and sales taxes), as a share of GDP.