Source
Central bank

Eastern Caribbean Central Bank

International Reserves

USD 0.2 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 0.8 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 1.3 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
6% 3.1% -0.6% -2% -2.3% 0.3% 1.3%
2013 2014 2015* 2016* 2017*    
2.5% 0.2% 0.6% 1.8% 2.5%    

*Estimate

GDP per capita - current prices

USD 7,226.9 (2017, estimate)

GDP per capita - PPP

Intl$ 11,786.9 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0% 0% 0% 0% 0.001%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 7.9% 
  • industry: 17.2% 
  • services: 75%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

Inflation
2013 2014 2015 2016* 2017*
0.8% 0.2% -1.7% -0.4% 1.2%

*Estimate

Unemployment rate
2013 2014 2015 2016
N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
74.6% 79.7% 79.3% 85% 86.9%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-6.2% -3% -2.1% -2.1% -2.3%

*Estimate 

Government bond ratings

Standard & Poor's: N/A

Moody's: B3

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies in Saint Vincent and the Grenadines

N/A

 
 
Source
Current account balance

US$ -2.3 million (2014 estimate)

Current account balance by percentage of GDP

-30.678% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

27.6% (2012)

 

Shares in world total merchandising export

0% (2012)

 

Shares in world total commercial services export

0% (2012)

 

Total exports

US$45.70 million (2011 estimate)

Export commodities

bananas, eddoes and dasheen (taro), arrowroot starch; tennis racquets

Total imports

US$302 million (2013 estimate) 

 
 
Source
Import commodities

foodstuffs, machinery and equipment, chemicals and fertilizers, minerals and fuels

Exports - major partners

Trinidad and Tobago 14.5%, St. Lucia 12.9%, Turkey 12.7%, Barbados 10.7%, Dominica 8.5%, Grenada 8.1%, Antigua and Barbuda 7.3% (2012)

Imports - major partners

Singapore 28%, Trinidad and Tobago 22.6%, US 19%, China 5.6%, Barbados 5% (2012)

FDI inflows
2011 2012 2013
US$86 million US$115 million US$127 million
FDI outflows
2011 2012 2013  
US$0 million US$0 million US$0 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US$0 million US$0 million US$0 million US$0 million
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 82 out of 189 countries (2013)

Subcategories:

Starting a business: 68 out of 189 countries

Enforcing Contracts: 90 out of 189 countries

Registering Property: 153 out of 189 countries

Getting credit: 130 out of 189 countries

Protecting investors: 34 out of 189 countries

Trading across border: 38 out of 189 countries

Paying Taxes: 72 out of 189 countries

Dealing with Construction Permits: 6 out of 189 countries

Getting Electricity: 25 out of 189 countries

Resolving Insolvency: 189 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

N/A

 

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 52  Score: 67.0 (Moderately Free)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC-4

Total area

389 sq km

Capital

Kingstown

Currency

East Caribbean dollars (XCD)

Government type

parliamentary democracy and a Commonwealth realm

Languages

English, French patois

Religions

Protestant 75% (Anglican 47%, Methodist 28%), Roman Catholic 13%, other (includes Hindu, Seventh-Day Adventist, other Protestant) 12%

Total population
1990 2000 2010 2014* 2019**
0.106 million 0.106 million 0.109 million 0.11 million 0.11 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
13.9% 36% 45% 50%
Population median age

31.9 years (2014 est.)

Population growth rate

-0.29% (2014 est.)

Life expectancy

74.86 years (2014 estimate)

Adult literacy

 96% (1970 estimate)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

Freedom House rating

Political Rights: 1
Civil Liberties: 1 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed 17.4%   Mobile 114.6%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

52.00% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions(Metric tons of CO2 per capita)

1.9 (2010)

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