St. Vincent and the Grenadines GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$11,501.23

Source: world bank Nominal/PPP
Summary:

St. Vincent and the Grenadines GDP Per Capita expanded from 1960 to 2024, increasing from $154.84 to $11,501.23 .The compound annual growth rate (CAGR) averaged 6.96% over the period. The economy recorded its peak level in 2024 and its lowest level in 1960. Growth volatility remained high. The maximum drawdown reached 6.99%, indicating the largest cyclical decline from peak levels. The country experienced 6 recession episode(s) during the observed period.

Latest GDP Per Capita of St. Vincent and the Grenadines 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 11,501.23 dollars$ 21,272.08 Int dollars
Growth (YoY)8.683%7.327%
Net Change vs Previous Year$ 918.86 dollars$ 1,452.21 Int dollars
% of World GDP Per Capita10.36%10.65%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
St. Vincent and the Grenadines GDP | St. Vincent and the Grenadines GDP Growth

St. Vincent and the Grenadines Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960154.84-----
1961163.048.25.294 %---
1962166.53.472.125 %---
1963154.86-11.65-6.995 %---
1964164.449.586.189 %---
1965166.161.721.045 %---
1966174.98.745.261 %---
1967170.04-4.86-2.777 %---
1968163.08-6.96-4.092 %---
1969175.1612.077.402 %---
1970192.2617.19.765 %---
1971206.9914.737.664 %---
1972282.0975.136.28 %---
1973305.6523.568.352 %---
1974330.7125.058.197 %---
1975331.090.390.117 %---
1976324.05-7.04-2.127 %---
1977483.86159.8149.316 %---
1978592.02108.1622.354 %---
1979687.0795.0516.055 %---
1980790.12103.0514.998 %---
1981971.58181.4622.966 %---
19821073.51101.9410.492 %---
19831144.3170.796.594 %---
19841253.87109.569.574 %---
19851342.2588.387.049 %---
19861471.86129.629.657 %---
19871596.17124.318.446 %---
19881813.94217.7613.643 %---
19891929.91115.976.393 %---
19902149.74219.8311.391 %3960.38--
19912270.76121.025.63 %4125.67165.34.174 %
19922470.52199.758.797 %4477.37351.78.525 %
19932539.6569.132.798 %4768.75291.386.508 %
19942563.2523.60.929 %4802.0133.260.697 %
19952795.36232.119.055 %5277.44475.439.901 %
19962930.44135.084.832 %5439.81162.373.077 %
19973073.78143.334.891 %5726.46286.655.27 %
19983301.1227.327.396 %6025.6299.145.224 %
19993446.52145.424.405 %6266.2240.593.993 %
20003768.96322.439.355 %6502.9236.713.777 %
20014071.09302.138.016 %6768.19265.294.08 %
20024303.28232.195.703 %7250.39482.27.124 %
20034499.61196.334.562 %7902.63652.238.996 %
20044873.49373.878.309 %8471.96569.347.204 %
20055157.39283.95.825 %8985.7513.736.064 %
20065744.83587.4311.39 %9949.49963.7910.726 %
20076398.19653.3611.373 %10604.35654.866.582 %
20086598.91200.713.137 %10901.56297.222.803 %
20096463.79-135.12-2.048 %10868.54-33.03-0.303 %
20106551.9788.181.364 %10561.31-307.23-2.827 %
20116527.69-24.28-0.371 %10773.61212.312.01 %
20126713.81186.122.851 %10988.5214.891.995 %
20137072.47358.665.342 %11624.86636.365.791 %
20147168.8396.361.362 %12135.58510.724.393 %
20157353.74184.912.579 %12378.84243.262.005 %
20167656.9303.164.123 %13493.481114.639.004 %
20177988.04331.144.325 %13575.4381.950.607 %
20188428.13440.085.509 %14689.851114.428.209 %
20198740.59312.473.707 %15339.56649.714.423 %
20208351.2-389.39-4.455 %15336.6-2.96-0.019 %
20218641.28290.083.473 %16200.9864.35.636 %
20229693.561052.2812.177 %18035.271834.3711.323 %
202310582.37888.819.169 %19819.871784.69.895 %
202411501.23918.868.683 %21272.081452.217.327 %

St. Vincent and the Grenadines Economic Phases (1960 - 2024)

From 1960 to 2024, St. Vincent and the Grenadines economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • Contraction (1967–1968) indicating temporary slowdown
  • High Growth (1969–1974) indicating robust economic expansion
  • High Growth (1977–1992) indicating robust economic expansion
  • Expansion (1993–1994) indicating steady moderate growth
  • Expansion (1996–1997) indicating steady moderate growth
  • High Growth (2000–2002) indicating robust economic expansion
  • High Growth (2004–2007) indicating robust economic expansion
  • Expansion (2014–2017) indicating steady moderate growth
  • High Growth (2022–2024) indicating robust economic expansion

The most remarkable growth occurred in 1977 with an increase of 49.316%, while the largest decline was in 1963 at -6.995%.