Goods and services expense (% of expense) in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Goods and services expense (% of expense) was 13.9% in 2017. ▼ Falling
Goods and services expense in Saint Vincent and the Grenadines, 2000–2017
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Saint Vincent and the Grenadines is 13.9%, measured in 2017.
Compared with earlier readings it is up 11.1% on the previous year and down 29.7% over ten years.
Over the whole period, goods and services expense in Saint Vincent and the Grenadines peaked at 23.1% in 2004 and was at its lowest, 12.5%, in 2016.
That places Saint Vincent and the Grenadines 83rd out of 154 countries with data for 2017, putting it in the middle of the range.
The long-run direction has been consistently falling across the 18 years of available data.
Goods and services expense (% of expense) in Saint Vincent and the Grenadines, year by year
| Year | % of expense | Change |
|---|---|---|
| 2000 | 21.4% | — |
| 2001 | 21.5% | +0.5% |
| 2002 | 22.2% | +3.0% |
| 2003 | 21.3% | -4.2% |
| 2004 | 23.1% | +8.8% |
| 2005 | 22.0% | -4.6% |
| 2006 | 21.0% | -4.8% |
| 2007 | 19.7% | -6.0% |
| 2008 | 21.1% | +7.0% |
| 2009 | 18.3% | -13.2% |
| 2010 | 14.2% | -22.6% |
| 2011 | 15.0% | +5.9% |
| 2012 | 14.4% | -4.0% |
| 2013 | 13.5% | -6.6% |
| 2014 | 14.5% | +8.0% |
| 2015 | 14.3% | -1.7% |
| 2016 | 12.5% | -12.6% |
| 2017 | 13.9% | +11.1% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 13.9% is below the median for upper middle income countries, which is 15.2%, 91% of the median. (46 countries reporting)
- Saint Vincent and the Grenadines's 13.9% is below the median for Latin America & Caribbean, which is 15.3%, 90% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 21.2% | 18.3% | 23.1% | 10 |
| 2010s | 14.0% | 12.5% | 15.0% | 8 |
Countries ranked near Saint Vincent and the Grenadines
More public sector data for Saint Vincent and the Grenadines
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Tax revenue 23.8% (2017)
- Capital stock, General government, Current prices, Domestic currency 2.86 (2019)
- Taxes on income, profits and capital gains 24.7% (2017)
- Capital stock, General government, Constant prices, Percent of GDP 130.28 (2019)
Frequently asked questions
- What is goods and services expense in Saint Vincent and the Grenadines?
- Goods and services expense in Saint Vincent and the Grenadines was 13.9% in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 23.1% in 2004.
- What is the lowest goods and services expense recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 12.5% in 2016.
- How does Saint Vincent and the Grenadines rank for goods and services expense?
- Saint Vincent and the Grenadines ranks 83rd out of 154 countries with data for 2017.
- Is goods and services expense rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is down 29.7%. The long-run trend across the full record is falling.
- Where does this Saint Vincent and the Grenadines data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.