Services balance (credit less debit), Net (credits less debits) (US) in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Services balance (credit less debit), Net (credits less debits) (US) was 169.67 million in 2024. ▲ Rising
Services balance (credit less debit), Net (credits less debits) in Saint Vincent and the Grenadines, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services balance (credit less debit), net (credits less debits) in Saint Vincent and the Grenadines stood at 169.67 million. That is the highest value across all 20 years on record.
Compared with earlier readings it is up 55.5% on the previous year and up 120.0% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Saint Vincent and the Grenadines peaked at 169.67 million in 2024 and was at its lowest, 440,087, in 2021.
That places Saint Vincent and the Grenadines 89th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Services balance (credit less debit), Net (credits less debits) (US) in Saint Vincent and the Grenadines, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 91.08 million | — |
| 2006 | 91.35 million | +0.3% |
| 2007 | 80.92 million | -11.4% |
| 2008 | 45.30 million | -44.0% |
| 2009 | 56.05 million | +23.7% |
| 2010 | 61.95 million | +10.5% |
| 2011 | 85.51 million | +38.0% |
| 2012 | 73.68 million | -13.8% |
| 2013 | 73.06 million | -0.8% |
| 2014 | 77.13 million | +5.6% |
| 2015 | 115.76 million | +50.1% |
| 2016 | 112.35 million | -2.9% |
| 2017 | 110.80 million | -1.4% |
| 2018 | 134.84 million | +21.7% |
| 2019 | 153.28 million | +13.7% |
| 2020 | 34.40 million | -77.6% |
| 2021 | 440,087 | -98.7% |
| 2022 | 71.88 million | +16232.0% |
| 2023 | 109.12 million | +51.8% |
| 2024 | 169.67 million | +55.5% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 169.67 million is above the median for upper middle income countries, which is 5.85 million, 29.0× the median. (54 countries reporting)
- Saint Vincent and the Grenadines's 169.67 million is above the median for Latin America & Caribbean, which is 169.67 million, 1.0× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Services balance (credit less debit), Net (credits less debits) (US) 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 |
|---|---|---|---|
| 2022 | +16232.0% | 440,087 | 71.88 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 72.94 million | 45.30 million | 91.35 million | 5 |
| 2010s | 99.83 million | 61.95 million | 153.28 million | 10 |
| 2020s | 77.10 million | 440,087 | 169.67 million | 5 |
Countries ranked near Saint Vincent and the Grenadines
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 services balance (credit less debit), net (credits less debits) in Saint Vincent and the Grenadines?
- Services balance (credit less debit), net (credits less debits) in Saint Vincent and the Grenadines was 169.67 million in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 169.67 million in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 440,087 in 2021.
- How does Saint Vincent and the Grenadines rank for services balance (credit less debit), net (credits less debits)?
- Saint Vincent and the Grenadines ranks 89th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 120.0%. The long-run trend across the full record is rising.
- Where does this Saint Vincent and the Grenadines data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.