vc St. Vincent and the Grenadines 2021

Detailed economic analysis and indicators for 2021

Year 2021

Key Economic Indicators (2021)

GDP (Current USD)

$872.23 million

↑ 0.36% vs 2020
GDP per Capita

$8,481.31

↑ 1.03% vs 2020
GDP Growth (Annual %)

0.75%

↑ 4.49pp vs 2020
Inflation Rate (CPI %)

1.57%

↑ 2.20pp vs 2020

Year-over-Year Comparison

Indicator 2020 2021 Change
GDP (Current USD) $869.11 million $872.23 million +0.36%
GDP per Capita $8,395.10 $8,481.31 +1.03%
GDP Growth (Annual %) -3.74% 0.75% +4.49pp
Inflation (CPI %) -0.63% 1.57% +2.20pp
Unemployment Rate (%) 20.64% 20.34% -0.29pp

All Economic Indicators (2021)

National Accounts
GDP (Current USD)
$872.23 million
GDP per Capita
$8,481.31
GDP Growth (Annual %)
0.75%
Gross National Income
$855.33 million
Prices & Employment
Inflation (CPI %)
1.57%
Inflation (GDP Deflator %)
-0.39%
Unemployment Rate (%)
20.34%
Interest Rate (Real %)
8.07%
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)
-23.65%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2021, St. Vincent and the Grenadines's Gross Domestic Product (GDP) is $872.23 million. This represents the total value of goods and services produced in the country.

The GDP per capita in St. Vincent and the Grenadines for 2021 is $8,481.31. 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 2021 is 1.57%. 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 2021 is 0.75%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in St. Vincent and the Grenadines for 2021 is 20.34%. This represents the percentage of the labor force that is unemployed and actively seeking employment.