St. Vincent and the Grenadines GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$1.16

Source: world bank Nominal/PPP
Summary:

St. Vincent and the Grenadines GDP Per Capita expanded from 1960 to 2024, increasing from $0.01 to $1.16 .The compound annual growth rate (CAGR) averaged 7.71% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 5.49%, indicating the largest cyclical decline from peak levels. The country experienced 6 recession episode(s) during the observed period.

St. Vincent and the Grenadines Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
19600.01-----
19610.0107.143 %---
19620.0103.75 %---
19630.010-5.622 %---
19640.0107.66 %---
19650.0202.372 %---
19660.0206.564 %---
19670.020-1.645 %---
19680.020-3.063 %---
19690.0208.469 %---
19700.02010.811 %---
19710.0208.683 %---
19720.030.0137.572 %---
19730.0309.35 %---
19740.0309.145 %---
19750.0300.952 %---
19760.030-1.337 %---
19770.050.0250.5 %---
19780.060.0123.284 %---
19790.070.0116.849 %---
19800.080.0115.815 %---
19810.10.0223.981 %---
19820.110.0111.434 %---
19830.120.017.469 %---
19840.140.0110.445 %---
19850.150.017.863 %---
19860.160.0210.44 %---
19870.180.019.16 %---
19880.20.0314.322 %---
19890.210.016.984 %---
19900.240.0311.931 %0.44--
19910.250.016.017 %0.460.024.556 %
19920.280.029.075 %0.50.048.802 %
19930.290.013.005 %0.540.036.722 %
19940.2901.093 %0.5400.861 %
19950.320.039.18 %0.60.0510.026 %
19960.330.024.899 %0.620.023.142 %
19970.350.024.912 %0.650.035.29 %
19980.370.037.433 %0.680.035.26 %
19990.390.024.577 %0.710.034.164 %
20000.430.049.528 %0.740.033.941 %
20010.460.037.974 %0.770.034.039 %
20020.490.035.56 %0.820.056.979 %
20030.510.024.372 %0.890.078.798 %
20040.550.048.016 %0.960.066.914 %
20050.580.035.464 %1.010.055.702 %
20060.640.0610.958 %1.110.110.297 %
20070.710.0710.893 %1.180.076.122 %
20080.730.022.672 %1.210.032.339 %
20090.71-0.02-2.506 %1.2-0.01-0.77 %
20100.720.010.861 %1.16-0.04-3.31 %
20110.71-0.01-0.923 %1.180.021.444 %
20120.730.022.275 %1.190.021.423 %
20130.760.034.76 %1.260.065.206 %
20140.770.010.8 %1.30.053.814 %
20150.790.022.031 %1.320.021.459 %
20160.810.033.528 %1.440.118.382 %
20170.840.033.652 %1.430-0.042 %
20180.880.044.773 %1.540.117.454 %
20190.910.032.957 %1.60.063.667 %
20200.86-0.05-5.043 %1.59-0.01-0.635 %
20210.890.022.789 %1.670.084.937 %
20220.990.111.31 %1.840.1710.462 %
20231.070.088.396 %2.010.179.116 %
20241.160.087.925 %2.140.136.578 %

St. Vincent and the Grenadines Economic Phases (1960 - 2024)

From 1960 to 2024, St. Vincent and the Grenadines economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Contraction (1967–1968) indicating temporary slowdown
  • High Growth (1969–1974) indicating robust economic expansion
  • High Growth (1977–1992) indicating robust economic expansion
  • Expansion (1993–1994) indicating steady moderate growth
  • Expansion (1996–1997) indicating steady moderate growth
  • High Growth (2000–2002) indicating robust economic expansion
  • High Growth (2004–2007) indicating robust economic expansion
  • Expansion (2012–2019) indicating steady moderate growth
  • High Growth (2022–2024) indicating robust economic expansion

The most remarkable growth occurred in 1977 with an increase of 50.5%, while the largest decline was in 1963 at -5.622%.