Volume of remittances (in United States dollars) as a proportion of in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Volume of remittances (in United States dollars) as a proportion of was 7.9% in 2024. ▲ Rising
Volume of remittances (in United States dollars) as a proportion of in Saint Vincent and the Grenadines, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, volume of remittances (in united states dollars) as a proportion of in Saint Vincent and the Grenadines stood at 7.9%.
That represents a change of down 7.1% on the previous year and up 40.6% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Saint Vincent and the Grenadines peaked at 9.0% in 2022 and was at its lowest, 3.9%, in 2004.
That places Saint Vincent and the Grenadines 44th out of 203 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Saint Vincent and the Grenadines, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.5% | — |
| 2001 | 4.2% | -6.6% |
| 2002 | 4.2% | -0.5% |
| 2003 | 4.1% | -2.9% |
| 2004 | 3.9% | -4.1% |
| 2005 | 6.8% | +73.8% |
| 2006 | 6.3% | -7.7% |
| 2007 | 5.8% | -7.4% |
| 2008 | 5.8% | -0.5% |
| 2009 | 5.7% | -0.6% |
| 2010 | 5.8% | +1.8% |
| 2011 | 6.0% | +3.0% |
| 2012 | 5.9% | -1.9% |
| 2013 | 5.7% | -3.3% |
| 2014 | 5.6% | -1.0% |
| 2015 | 5.3% | -5.9% |
| 2016 | 5.5% | +3.8% |
| 2017 | 5.4% | -1.8% |
| 2018 | 5.2% | -3.2% |
| 2019 | 8.7% | +66.3% |
| 2020 | 7.3% | -16.4% |
| 2021 | 7.9% | +8.2% |
| 2022 | 9.0% | +13.7% |
| 2023 | 8.5% | -4.6% |
| 2024 | 7.9% | -7.1% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 7.9% is above the median for upper middle income countries, which is 3.6%, 2.2× the median. (53 countries reporting)
- Saint Vincent and the Grenadines's 7.9% is above the median for Latin America & Caribbean, which is 2.8%, 2.8× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of 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 |
|---|---|---|---|
| 2005 | +73.8% | 3.9% | 6.8% |
| 2019 | +66.3% | 5.2% | 8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.1% | 3.9% | 6.8% | 10 |
| 2010s | 5.9% | 5.2% | 8.7% | 10 |
| 2020s | 8.1% | 7.3% | 9.0% | 5 |
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 volume of remittances (in united states dollars) as a proportion of in Saint Vincent and the Grenadines?
- Volume of remittances (in united states dollars) as a proportion of in Saint Vincent and the Grenadines was 7.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 9.0% in 2022.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 3.9% in 2004.
- How does Saint Vincent and the Grenadines rank for volume of remittances (in united states dollars) as a proportion of?
- Saint Vincent and the Grenadines ranks 44th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 40.6%. 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 United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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