Taxes on incomes of individuals and corporations as share of GDP in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Taxes on incomes of individuals and corporations as share of GDP was 6.0% in 2021. ▲ Rising
Latest (2021)
6.0%
Change on year
down 2.0%
World rank
98th
of 184 countries
All-time high
7.1%
in 2016
All-time low
4.8%
in 1990
Years of data
32
1990–2021
Taxes on incomes of individuals and corporations 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 %.
Analysis
The most recent figure for taxes on incomes of individuals and corporations as share of gdp in Saint Vincent and the Grenadines is 6.0%, measured in 2021.
That represents a change of down 2.0% on the previous year and up 1.1% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Saint Vincent and the Grenadines peaked at 7.1% in 2016 and was at its lowest, 4.8%, in 1990.
Saint Vincent and the Grenadines ranks 98th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Taxes on incomes of individuals and corporations as share of GDP in Saint Vincent and the Grenadines, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 4.8% | — |
| 1991 | 5.9% | +23.5% |
| 1992 | 5.4% | -8.1% |
| 1993 | 5.2% | -3.4% |
| 1994 | 6.2% | +18.3% |
| 1995 | 5.4% | -12.9% |
| 1996 | 5.8% | +7.8% |
| 1997 | 6.0% | +4.1% |
| 1998 | 6.7% | +11.3% |
| 1999 | 6.2% | -7.4% |
| 2000 | 6.2% | -0.1% |
| 2001 | 5.7% | -8.3% |
| 2002 | 6.7% | +17.5% |
| 2003 | 5.6% | -16.1% |
| 2004 | 5.4% | -3.3% |
| 2005 | 5.7% | +5.9% |
| 2006 | 5.7% | -0.8% |
| 2007 | 5.4% | -5.5% |
| 2008 | 5.6% | +3.8% |
| 2009 | 5.7% | +2.5% |
| 2010 | 5.6% | -2.2% |
| 2011 | 5.9% | +6.1% |
| 2012 | 6.2% | +4.6% |
| 2013 | 5.4% | -13.1% |
| 2014 | 6.7% | +24.7% |
| 2015 | 6.1% | -9.3% |
| 2016 | 7.1% | +16.0% |
| 2017 | 6.6% | -6.5% |
| 2018 | 6.2% | -6.4% |
| 2019 | 5.7% | -8.1% |
| 2020 | 6.1% | +7.6% |
| 2021 | 6.0% | -2.0% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 6.0% is above the median for upper middle income countries, which is 5.7%, 1.0× the median. (54 countries reporting)
- Saint Vincent and the Grenadines's 6.0% is above the median for Latin America & Caribbean, which is 5.8%, 1.0× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.7% | 4.8% | 6.7% | 10 |
| 2000s | 5.8% | 5.4% | 6.7% | 10 |
| 2010s | 6.2% | 5.4% | 7.1% | 10 |
| 2020s | 6.1% | 6.0% | 6.1% | 2 |
Countries ranked near Saint Vincent and the Grenadines
- 95 Kyrgyzstan 6.2% compare
- 96 Uzbekistan 6.1% compare
- 97 Egypt 6.1% compare
- 99 Aruba 6.0% compare
- 100 Guyana 6.0% compare
- 101 Tajikistan 5.9% 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 on incomes of individuals and corporations as share of gdp in Saint Vincent and the Grenadines?
- Taxes on incomes of individuals and corporations as share of gdp in Saint Vincent and the Grenadines was 6.0% in 2021, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 7.1% in 2016.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 4.8% in 1990.
- How does Saint Vincent and the Grenadines rank for taxes on incomes of individuals and corporations as share of gdp?
- Saint Vincent and the Grenadines ranks 98th out of 184 countries with data for 2021.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 1.1%. 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 Taxes on incomes of individuals and corporations as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.