vc St. Vincent and the Grenadines 2022

Detailed economic analysis and indicators for 2022

Year 2022

Key Economic Indicators (2022)

GDP (Current USD)

$966.49 million

↑ 10.81% vs 2021
GDP per Capita

$9,471.15

↑ 11.67% vs 2021
GDP Growth (Annual %)

7.16%

↑ 6.41pp vs 2021
Inflation Rate (CPI %)

5.66%

↑ 4.09pp vs 2021

Year-over-Year Comparison

Indicator 2021 2022 Change
GDP (Current USD) $872.23 million $966.49 million +10.81%
GDP per Capita $8,481.31 $9,471.15 +11.67%
GDP Growth (Annual %) 0.75% 7.16% +6.41pp
Inflation (CPI %) 1.57% 5.66% +4.09pp
Unemployment Rate (%) 20.34% 19.42% -0.92pp

All Economic Indicators (2022)

National Accounts
GDP (Current USD)
$966.49 million
GDP per Capita
$9,471.15
GDP Growth (Annual %)
7.16%
Gross National Income
$958.67 million
Prices & Employment
Inflation (CPI %)
5.66%
Inflation (GDP Deflator %)
3.40%
Unemployment Rate (%)
19.42%
Interest Rate (Real %)
3.86%
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)
-20.67%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2022, St. Vincent and the Grenadines's Gross Domestic Product (GDP) is $966.49 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 2022 is $9,471.15. 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 2022 is 5.66%. 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 2022 is 7.16%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in St. Vincent and the Grenadines for 2022 is 19.42%. This represents the percentage of the labor force that is unemployed and actively seeking employment.