Current account balance (credit less debit), Percent of GDP in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Current account balance (credit less debit), Percent of GDP was -16.09 in 2031. ▼ Falling
Current account balance (credit less debit), Percent of GDP in Saint Vincent and the Grenadines, 2014–2031
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), percent of gdp in Saint Vincent and the Grenadines is -16.09, measured in 2031.
The figure is down 1.0% on the previous year and up 30.7% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp in Saint Vincent and the Grenadines peaked at -2.39 in 2019 and was at its lowest, -25.21, in 2014.
Saint Vincent and the Grenadines ranks 34th of 35 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Current account balance (credit less debit), Percent of GDP in Saint Vincent and the Grenadines, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | -25.21 | — |
| 2015 | -15.58 | -38.2% |
| 2016 | -13.08 | -16.0% |
| 2017 | -11.89 | -9.1% |
| 2018 | -10.3 | -13.4% |
| 2019 | -2.39 | -76.8% |
| 2020 | -15.91 | +566.0% |
| 2021 | -23.22 | +46.0% |
| 2022 | -20.5 | -11.7% |
| 2023 | -18.21 | -11.2% |
| 2024 | -17.14 | -5.9% |
| 2025 | -20.17 | +17.7% |
| 2026 | -19.85 | -1.6% |
| 2027 | -17.12 | -13.8% |
| 2028 | -16.22 | -5.2% |
| 2029 | -15.7 | -3.2% |
| 2030 | -15.93 | +1.4% |
| 2031 | -16.09 | +1.0% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's -16.09 is below the median for Latin America & Caribbean, which is -1.31, 12.2× the median. (33 countries reporting)
- Saint Vincent and the Grenadines's -16.09 is below the median for upper middle income countries, which is -1.1, 14.6× the median. (17 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Percent of GDP in Saint Vincent and the Grenadines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | -566.0% | -2.39 | -15.91 |
| 2019 | +76.8% | -10.3 | -2.39 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -13.08 | -25.21 | -2.39 | 6 |
| 2020s | -18.4 | -23.22 | -15.7 | 10 |
| 2030s | -16.01 | -16.09 | -15.93 | 2 |
Countries ranked near Saint Vincent and the Grenadines
- 31 Antigua and Barbuda -9.39 compare
- 32 Saint Kitts and Nevis -11.86 compare
- 33 Grenada -14.09 compare
- 35 Dominica -16.48 compare
More financial sector data for Saint Vincent and the Grenadines
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 6.85 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0004 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0005 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 6.85 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp in Saint Vincent and the Grenadines?
- Current account balance (credit less debit), percent of gdp in Saint Vincent and the Grenadines was -16.09 in 2031, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp recorded in Saint Vincent and the Grenadines?
- The highest recorded value was -2.39 in 2019.
- What is the lowest current account balance (credit less debit), percent of gdp recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was -25.21 in 2014.
- How does Saint Vincent and the Grenadines rank for current account balance (credit less debit), percent of gdp?
- Saint Vincent and the Grenadines ranks 34th out of 35 countries with data for 2031.
- Is current account balance (credit less debit), percent of gdp rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 30.7%. The long-run trend across the full record is falling.
- Where does this Saint Vincent and the Grenadines data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.