St. Vincent and the Grenadines 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$1.11 billion
↑ 3.86% vs 2023GDP per Capita
$10,927.03
↑ 3.86% vs 2023GDP Growth (Annual %)
3.86%
↓ 2.15pp vs 2023Inflation Rate (CPI %)
3.63%
↓ 0.94pp vs 2023Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.07 billion | $1.11 billion | +3.86% |
| GDP per Capita | $10,520.44 | $10,927.03 | +3.86% |
| GDP Growth (Annual %) | 6.02% | 3.86% | -2.15pp |
| Inflation (CPI %) | 4.56% | 3.63% | -0.94pp |
| Unemployment Rate (%) | 18.57% | 18.06% | -0.52pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $1.11 billion
- GDP per Capita
- $10,927.03
- GDP Growth (Annual %)
- 3.86%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- 3.63%
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 18.06%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, St. Vincent and the Grenadines's Gross Domestic Product (GDP) is $1.11 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in St. Vincent and the Grenadines for 2024 is $10,927.03. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in St. Vincent and the Grenadines for 2024 is 3.63%. This measures the annual percentage change in the cost of consumer goods and services.
St. Vincent and the Grenadines's annual GDP growth rate for 2024 is 3.86%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in St. Vincent and the Grenadines for 2024 is 18.06%. This represents the percentage of the labor force that is unemployed and actively seeking employment.