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Saint Vincent & Grenadines GDP Annual Growth Rate

Saint Vincent & Grenadines' GDP annual growth rate fell to 4.06% in 2024, down from 5.33% in 2023, according to World Bank. This represents a decrease of 1.27% from the previous year. Saint Vincent & Grenadines has GDP annual growth rate higher than the global median (4.06% vs median 3.24%). Compared with the median in Americas, Saint Vincent & Grenadines is higher (4.06% vs regional median 3.27%) and ranks 12th out of 44 countries in Americas.

Saint Vincent & Grenadines' real GDP rose to $953.39 million in 2024, up from $916.18 million in 2023.

Yearly Historical Data (1961-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 4.06%
2023 5.33%
2022 3.11%
2021 2.09%
2020 -4.27%
2019 0.67%
2018 3.18%
2017 1.45%
2016 4.15%
2015 2.78%
2014 1.25%
2013 2.46%
2012 1.17%
2011 -0.61%
2010 -4.47%
2009 -1.38%
2008 0.4%
2007 3.32%
2006 7%
2005 2.49%
2004 4.11%
2003 6.69%
2002 5.34%
2001 1.75%
2000 1.64%
1999 2.71%
1998 4.09%
1997 3.51%
1996 1.29%
1995 7.77%
1994 -1.25%
1993 4.25%
1992 6.38%
1991 1.14%
1990 4.15%
1989 1.41%
1988 14.07%
1987 0.44%
1986 5.6%
1985 6.18%
1984 6.59%
1983 2.17%
1982 4.48%
1981 4.61%
1980 2.44%
1979 3.38%
1978 9.78%
1977 13.23%
1976 10.38%
1975 -7.61%
1974 -8.82%
1973 -11.1%
1972 25.83%
1971 2.97%
1970 10.75%
1969 2.86%
1968 6.51%
1967 -9.52%
1966 0%
1965 0.88%
1964 3.67%
1963 -6.27%
1962 3.69%
1961 4.53%
Saint Vincent & Grenadines GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Saint Vincent & Grenadines' total economic output.
Indicator Last Value Prior Value Period
GDP $1.16B $1.07B 2024
GDP per Capita $9,475.57 $9,042.18 2024
GDP per Capita PPP $18,714.2 $17,858.24 2024
Real GDP $953.39M $916.18M 2024