Subsidies and other transfers (% of expense) in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Subsidies and other transfers (% of expense) was 23.5% in 2017. ▲ Rising
Subsidies and other transfers 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
In 2017, subsidies and other transfers in Saint Vincent and the Grenadines stood at 23.5%.
The figure is up 1.7% on the previous year and up 27.3% over ten years.
Over the whole period, subsidies and other transfers in Saint Vincent and the Grenadines peaked at 29.0% in 2011 and was at its lowest, 15.4%, in 2000.
That places Saint Vincent and the Grenadines 116th out of 152 countries with data for 2017, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 18 years of available data.
Subsidies and other transfers (% of expense) in Saint Vincent and the Grenadines, year by year
| Year | % of expense | Change |
|---|---|---|
| 2000 | 15.4% | — |
| 2001 | 19.2% | +25.1% |
| 2002 | 17.6% | -8.3% |
| 2003 | 17.5% | -0.9% |
| 2004 | 17.0% | -2.5% |
| 2005 | 17.5% | +2.5% |
| 2006 | 18.7% | +6.9% |
| 2007 | 18.4% | -1.2% |
| 2008 | 20.1% | +8.9% |
| 2009 | 25.7% | +27.9% |
| 2010 | 27.9% | +8.5% |
| 2011 | 29.0% | +4.1% |
| 2012 | 26.8% | -7.5% |
| 2013 | 25.7% | -4.2% |
| 2014 | 24.0% | -6.5% |
| 2015 | 23.4% | -2.6% |
| 2016 | 23.1% | -1.5% |
| 2017 | 23.5% | +1.7% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 23.5% is below the median for upper middle income countries, which is 35.7%, 66% of the median. (46 countries reporting)
- Saint Vincent and the Grenadines's 23.5% is below the median for Latin America & Caribbean, which is 34.3%, 68% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.7% | 15.4% | 25.7% | 10 |
| 2010s | 25.4% | 23.1% | 29.0% | 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 subsidies and other transfers in Saint Vincent and the Grenadines?
- Subsidies and other transfers in Saint Vincent and the Grenadines was 23.5% in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 29.0% in 2011.
- What is the lowest subsidies and other transfers recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 15.4% in 2000.
- How does Saint Vincent and the Grenadines rank for subsidies and other transfers?
- Saint Vincent and the Grenadines ranks 116th out of 152 countries with data for 2017.
- Is subsidies and other transfers rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 27.3%. The long-run trend across the full record is rising.
- 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 Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.