GDP Growth Rate
Year -
6.02%
In 2023, St. Vincent and the Grenadines experienced a significant a decrease in its GDP growth rate, which fall to 6.02% from 7.16% in 2022. Additionally, the GDP per capita growth rate in St. Vincent and the Grenadines decrease to 6.27% in 2023, compared to 7.56% in 2022.
In 2023, St. Vincent and the Grenadines experienced a decrease in economic performance, with the GDP growth rate falling by 1.14%. 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% | 2.67% | 2.67% |
| 1962 | 3.69% | -0.84% | 1.89% | -0.78% |
| 1963 | -6.27% | -9.96% | -7.8% | -9.69% |
| 1964 | 3.67% | 9.94% | 2.04% | 9.84% |
| 1965 | 0.88% | -2.79% | -0.71% | -2.75% |
| 1966 | - | - | -1.57% | -0.86% |
| 1967 | -9.52% | - | -10.89% | -9.32% |
| 1968 | 6.51% | 16.03% | 4.98% | 15.87% |
| 1969 | 2.86% | -3.65% | 1.41% | -3.57% |
| 1970 | 10.75% | 7.89% | 9.25% | 7.84% |
| 1971 | 2.97% | -7.78% | 1.69% | -7.56% |
| 1972 | 25.83% | 22.86% | 24.4% | 22.71% |
| 1973 | -11.1% | -36.93% | -12.04% | -36.44% |
| 1974 | -8.82% | 2.28% | -9.73% | 2.31% |
| 1975 | -7.61% | 1.21% | -8.43% | 1.30% |
| 1976 | 10.38% | 17.99% | 9.5% | 17.93% |
| 1977 | 13.23% | 2.85% | 12.38% | 2.88% |
| 1978 | 9.78% | -3.45% | 9.02% | -3.36% |
| 1979 | 3.38% | -6.40% | 2.76% | -6.26% |
| 1980 | 2.44% | -0.94% | 1.87% | -0.89% |
| 1981 | 4.61% | 2.17% | 3.93% | 2.06% |
| 1982 | 4.48% | -0.13% | 3.73% | -0.20% |
| 1983 | 2.17% | -2.31% | 1.51% | -2.22% |
| 1984 | 6.59% | 4.42% | 5.96% | 4.45% |
| 1985 | 6.18% | -0.41% | 5.63% | -0.33% |
| 1986 | 5.6% | -0.58% | 5.14% | -0.49% |
| 1987 | 0.44% | -5.16% | 0.09% | -5.05% |
| 1988 | 14.07% | 13.63% | 13.76% | 13.67% |
| 1989 | 1.41% | -12.66% | 1.19% | -12.57% |
| 1990 | 4.15% | 2.74% | 3.99% | 2.80% |
| 1991 | 1.14% | -3.01% | 0.87% | -3.12% |
| 1992 | 6.38% | 5.24% | 5.96% | 5.09% |
| 1993 | 4.25% | -2.13% | 3.88% | -2.08% |
| 1994 | -1.25% | -5.50% | -1.53% | -5.41% |
| 1995 | 7.77% | 9.02% | 7.55% | 9.08% |
| 1996 | 1.29% | -6.48% | 1.19% | -6.36% |
| 1997 | 3.51% | 2.22% | 3.52% | 2.33% |
| 1998 | 4.09% | 0.58% | 4.19% | 0.67% |
| 1999 | 2.71% | -1.38% | 2.86% | -1.33% |
| 2000 | 1.64% | -1.07% | 1.8% | -1.06% |
| 2001 | 1.75% | 0.11% | 1.9% | 0.10% |
| 2002 | 5.34% | 3.59% | 5.52% | 3.62% |
| 2003 | 6.69% | 1.35% | 7.01% | 1.49% |
| 2004 | 4.11% | -2.58% | 4.58% | -2.43% |
| 2005 | 2.49% | -1.62% | 3.01% | -1.57% |
| 2006 | 7% | 4.51% | 7.59% | 4.58% |
| 2007 | 3.32% | -3.68% | 3.89% | -3.70% |
| 2008 | 0.4% | -2.92% | 0.87% | -3.02% |
| 2009 | -1.38% | -1.78% | -0.95% | -1.82% |
| 2010 | -4.47% | -3.09% | -4.01% | -3.06% |
| 2011 | -0.61% | 3.86% | -0.05% | 3.96% |
| 2012 | 1.17% | 1.78% | 1.75% | 1.80% |
| 2013 | 2.46% | 1.29% | 3.07% | 1.32% |
| 2014 | 1.25% | -1.21% | 1.76% | -1.31% |
| 2015 | 2.78% | 1.53% | 3.2% | 1.44% |
| 2016 | 4.15% | 1.37% | 4.66% | 1.46% |
| 2017 | 1.45% | -2.70% | 1.85% | -2.81% |
| 2018 | 3.18% | 1.73% | 3.44% | 1.59% |
| 2019 | 0.66% | -2.52% | 1% | -2.44% |
| 2020 | -3.74% | -4.40% | -3.47% | -4.47% |
| 2021 | 0.75% | 4.49% | 1.04% | 4.51% |
| 2022 | 7.16% | 6.41% | 7.56% | 6.52% |
| 2023 | 6.02% | -1.14% | 6.27% | -1.29% |