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General profile: Saint Vincent and the Grenadines

GENERAL INFORMATION FOR 2022
Exchange rate
Population
Population
Exchange rates
GDP
GDP
0.104 Millions
2.700 XCD/US$
931 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 390 km²
5.66 %
2.64 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+29.2 %
Merchandise exports growth rate in 2022
Total merchandise trade
(millions of US$)
2005
2010
2015
2022
Merchandise exports
40
42
46
46
Merchandise imports
240
338
334
438
Merchandise trade balance
-201
-296
-288
-392
Export structure by product group in 2022
(as % of total exports)
1 %1 %62 %62 %36 %36 %
Top 5 partners in 2022
(exports, millions of US$)
7422274222
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2022
Services exports
158
138
238
(e) 207
Services imports
79
91
122
(e) 117
Services trade balance
79
47
116
(e) 90
Services exports by main category²
(as % of total services)
2005
2010
2015
2022
Transport
6.7
7.4
3.5
(e) 6.1
Travel
65.8
62.4
87.2
(e) 77.7
Other services
27.6
30.2
9.4
(e) 16.2
TRADE INDICES
More data on UNCTADstat
64118839094106100939580718911511412110712112013314015216318684941141039810094949796103102888281798990969693
ECONOMIC TRENDS
More data on UNCTADstat
+2.6 %
Gross domestic product growth rate in 2022
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
GDP, current
580
720
787
931
GDP per capita, current US$
5 176
6 591
7 387
8 961
Real GDP growth, y-on-y, %
2.49
-4.47
2.79
2.64
Current account balance, % of GDP
-17.62
-28.91
-14.72
(e) -19.84
Exchange rate (/US$)
2.700
2.700
2.700
2.700
GDP by expenditure in 2021
(as % of total GDP)
77.820.832.115.747.277.820.832.115.747.2
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+0.7 %
FDI outflows as % of GDP in 2022
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2022
FDI inflows
40.09
97.22
(j) 123.88
(j) 86.37
FDI outflows
..
..
(j) 8.10
(j) 6.29
Personal remittances, % of GDP
4.07
4.27
5.53
..
Financial flows trends
(millions of US$)
85.960.779.346.345.744.941.843.631.631.129.229.129.126.828.925.622.421.420.720.419.519.386160656940165711241241601158697110159119109406655342138FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2022
Balance, % of GDP
-15.63
-28.59
-16.87
(e) -28.02
Balance, % of imports
-31.13
-52.93
-31.86
(e) -52.65
Normalized balance
-0.184
-0.360
-0.189
(e) -0.357
Trade openness²
(sum of imports and exports as % of GDP)
786464838885918991818178798187868485
LIVING AREA
Population by living area in 2022
(% of population)
Urban 54%Urban 54%Rural 46%Rural 46%
OTHER INDICATORS
More data on UNCTADstat
0.119 %
Share of the total world merchant fleet in 2022
Maritime transport indicators
 
2005
2010
2015
2022
Merchant fleet, national flag (thousands of DWT)
9 136
7 329
3 760
2 620
Liner shipping connectivity index (maximum 2006 = 100 for China)
..
5.46
5.76
5.48
Container port throughput (TEU)
..
16 967
16 342
..
Information economy indicators
(as % of)
2005
2010
2015
2022
Share of ICT goods, % of total exports
1.39
1.35
1.36
..
Share of ICT goods, % of total imports
6.41
3.67
4.43
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
j
Asset/liability basis.
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 21 September 2023