GDP Growth Rate
Year -
4.06%
In 2024, St. Vincent and the Grenadines experienced a significant a decrease in its GDP growth rate, which fall to 4.06% from 5.33% in 2023. Additionally, the GDP per capita growth rate in St. Vincent and the Grenadines decrease to 4.79% in 2024, compared to 6.08% in 2023.
In 2024, St. Vincent and the Grenadines experienced a decrease in economic performance, with the GDP growth rate falling by 1.27%. Additionally, the GDP per capita growth rate decrease by 1.29%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 4.53% | 4.53% | 2.72% | 2.72% |
| 1962 | 3.69% | -0.84% | 2.07% | -0.65% |
| 1963 | -6.27% | -9.96% | -7.63% | -9.70% |
| 1964 | 3.67% | 9.94% | 2.25% | 9.88% |
| 1965 | 0.88% | -2.79% | -0.42% | -2.67% |
| 1966 | - | - | -1.22% | -0.80% |
| 1967 | -9.52% | - | -10.57% | -9.35% |
| 1968 | 6.51% | 16.03% | 5.38% | 15.95% |
| 1969 | 2.86% | -3.65% | 1.85% | -3.53% |
| 1970 | 10.75% | 7.89% | 9.7% | 7.85% |
| 1971 | 2.97% | -7.78% | 2% | -7.70% |
| 1972 | 25.83% | 22.86% | 24.65% | 22.65% |
| 1973 | -11.1% | -36.93% | -11.91% | -36.56% |
| 1974 | -8.82% | 2.28% | -9.61% | 2.30% |
| 1975 | -7.61% | 1.21% | -8.37% | 1.24% |
| 1976 | 10.38% | 17.99% | 9.49% | 17.86% |
| 1977 | 13.23% | 2.85% | 12.34% | 2.85% |
| 1978 | 9.78% | -3.45% | 8.95% | -3.39% |
| 1979 | 3.38% | -6.40% | 2.68% | -6.27% |
| 1980 | 2.44% | -0.94% | 1.72% | -0.96% |
| 1981 | 4.61% | 2.17% | 3.76% | 2.04% |
| 1982 | 4.48% | -0.13% | 3.59% | -0.17% |
| 1983 | 2.17% | -2.31% | 1.34% | -2.25% |
| 1984 | 6.59% | 4.42% | 5.75% | 4.41% |
| 1985 | 6.18% | -0.41% | 5.38% | -0.37% |
| 1986 | 5.6% | -0.58% | 4.85% | -0.53% |
| 1987 | 0.44% | -5.16% | -0.22% | -5.07% |
| 1988 | 14.07% | 13.63% | 13.4% | 13.62% |
| 1989 | 1.41% | -12.66% | 0.85% | -12.55% |
| 1990 | 4.15% | 2.74% | 3.65% | 2.80% |
| 1991 | 1.14% | -3.01% | 0.77% | -2.88% |
| 1992 | 6.38% | 5.24% | 6.11% | 5.34% |
| 1993 | 4.25% | -2.13% | 4.04% | -2.07% |
| 1994 | -1.25% | -5.50% | -1.41% | -5.45% |
| 1995 | 7.77% | 9.02% | 7.64% | 9.05% |
| 1996 | 1.29% | -6.48% | 1.22% | -6.42% |
| 1997 | 3.51% | 2.22% | 3.49% | 2.27% |
| 1998 | 4.09% | 0.58% | 4.05% | 0.56% |
| 1999 | 2.71% | -1.38% | 2.54% | -1.51% |
| 2000 | 1.64% | -1.07% | 1.48% | -1.06% |
| 2001 | 1.75% | 0.11% | 1.79% | 0.31% |
| 2002 | 5.34% | 3.59% | 5.49% | 3.70% |
| 2003 | 6.69% | 1.35% | 6.89% | 1.40% |
| 2004 | 4.11% | -2.58% | 4.4% | -2.49% |
| 2005 | 2.49% | -1.62% | 2.84% | -1.56% |
| 2006 | 7% | 4.51% | 7.41% | 4.57% |
| 2007 | 3.32% | -3.68% | 3.77% | -3.64% |
| 2008 | 0.4% | -2.92% | 0.86% | -2.91% |
| 2009 | -1.38% | -1.78% | -0.91% | -1.77% |
| 2010 | -4.47% | -3.09% | -3.99% | -3.08% |
| 2011 | -0.61% | 3.86% | -0.05% | 3.94% |
| 2012 | 1.17% | 1.78% | 1.74% | 1.79% |
| 2013 | 2.46% | 1.29% | 3.03% | 1.29% |
| 2014 | 1.15% | -1.31% | 1.71% | -1.32% |
| 2015 | 2.79% | 1.64% | 3.34% | 1.63% |
| 2016 | 4.15% | 1.36% | 4.75% | 1.41% |
| 2017 | 1.55% | -2.60% | 2.21% | -2.54% |
| 2018 | 3.18% | 1.63% | 3.9% | 1.69% |
| 2019 | 0.67% | -2.51% | 1.4% | -2.50% |
| 2020 | -4.27% | -4.94% | -3.68% | -5.08% |
| 2021 | 2.09% | 6.36% | 2.77% | 6.45% |
| 2022 | 3.11% | 1.02% | 3.91% | 1.14% |
| 2023 | 5.33% | 2.22% | 6.08% | 2.17% |
| 2024 | 4.06% | -1.27% | 4.79% | -1.29% |