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Saint Vincent and the Grenadines Economic Statistics (2026)

1980

2026

2031

Source: IMF World Economic Outlook · Updated May 2026

1980

2026

2031

What to know

Saint Vincent and the Grenadines produces $21,990 per person (PPP) in 2026, an upper-middle income level. The economy is worth about $1 billion in total. Over the past five years it has grown at about 3.8% a year. Inflation is 0.9%. Government debt is 120% of GDP and rising. Its current account is in deficit, at 19.8% of GDP.

Key statistics for 2026

GDP per capita (PPP)

$21,990

GDP growth

+3.0%

Inflation rate

0.9%

Key terms

GDP: — Gross Domestic Product, the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity, reflecting what money actually buys in each country.
GDP per capita: — GDP divided by population, a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

Output & Growth

Total GDP is $1 billion, with steady growth of 3.0% in 2026.

Living Standards

GDP per capita is $11,098 in nominal terms, but $21,990 when adjusted for local purchasing power, indicating lower prices than in the US.

Prices & Employment

Inflation is 0.9% in 2026.

Government Finances

Government debt is very high at 120% of GDP. The government spends more than it collects (revenue: 28.5%, expenditure: 40.6% of GDP).

External & Fiscal Balance

The country is running a fiscal deficit of 12.1% of GDP and a current-account deficit of 19.8% of GDP.

The bottom line

Saint Vincent and the Grenadines is an upper-middle income economy with GDP per capita (PPP) of $21,990. Government debt exceeds GDP at 120%.

Source: IMF World Economic Outlook · Updated May 2026

What to know

Saint Vincent and the Grenadines produces $21,990 per person (PPP) in 2026, an upper-middle income level. The economy is worth about $1 billion in total. Over the past five years it has grown at about 3.8% a year. Inflation is 0.9%. Government debt is 120% of GDP and rising. Its current account is in deficit, at 19.8% of GDP.

Key statistics for 2026

GDP per capita (PPP)

$21,990

GDP growth

+3.0%

Inflation rate

0.9%

Key terms

GDP: — Gross Domestic Product, the total value of goods and services produced in a country annually.
GDP PPP: — GDP adjusted for purchasing power parity, reflecting what money actually buys in each country.
GDP per capita: — GDP divided by population, a measure of average economic output per person.
Inflation rate: — Annual percentage increase in the general price level of goods and services.
Fiscal balance: — Government revenue minus expenditure. Surplus if positive, deficit if negative.
Current account: — Net flow of goods, services, and transfers with the rest of the world.

The bottom line

Saint Vincent and the Grenadines is an upper-middle income economy with GDP per capita (PPP) of $21,990. Government debt exceeds GDP at 120%.

Barbados

Saint Lucia

Grenada

What to know

Key statistics for 2026

The bottom line

Barbados

Saint Lucia

Grenada

What to know

Key statistics for 2026

The bottom line