Tax revenue in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Tax revenue was 542.37 million current LCU in 2017. ▲ Rising
Tax revenue in Saint Vincent and the Grenadines, 1990–2017
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2017, tax revenue in Saint Vincent and the Grenadines stood at 542.37 million current LCU. That is the highest value across all 28 years on record.
That represents a change of up 1.3% on the previous year and up 34.7% over ten years.
Over the whole period, tax revenue in Saint Vincent and the Grenadines peaked at 542.37 million current LCU in 2017 and was at its lowest, 118.50 million current LCU, in 1990.
Saint Vincent and the Grenadines ranks 146th of 157 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 28 years of available data.
Tax revenue in Saint Vincent and the Grenadines, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 118.50 million current LCU | — |
| 1991 | 134.70 million current LCU | +13.7% |
| 1992 | 138.70 million current LCU | +3.0% |
| 1993 | 144.60 million current LCU | +4.3% |
| 1994 | 154.50 million current LCU | +6.8% |
| 1995 | 164.00 million current LCU | +6.1% |
| 1996 | 178.60 million current LCU | +8.9% |
| 1997 | 193.10 million current LCU | +8.1% |
| 1998 | 213.60 million current LCU | +10.6% |
| 1999 | 218.30 million current LCU | +2.2% |
| 2000 | 227.61 million current LCU | +4.3% |
| 2001 | 241.57 million current LCU | +6.1% |
| 2002 | 272.83 million current LCU | +12.9% |
| 2003 | 272.53 million current LCU | -0.1% |
| 2004 | 290.90 million current LCU | +6.7% |
| 2005 | 308.86 million current LCU | +6.2% |
| 2006 | 361.71 million current LCU | +17.1% |
| 2007 | 402.59 million current LCU | +11.3% |
| 2008 | 447.96 million current LCU | +11.3% |
| 2009 | 432.61 million current LCU | -3.4% |
| 2010 | 421.47 million current LCU | -2.6% |
| 2011 | 412.14 million current LCU | -2.2% |
| 2012 | 430.58 million current LCU | +4.5% |
| 2013 | 420.63 million current LCU | -2.3% |
| 2014 | 468.32 million current LCU | +11.3% |
| 2015 | 481.22 million current LCU | +2.8% |
| 2016 | 535.41 million current LCU | +11.3% |
| 2017 | 542.37 million current LCU | +1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 165.86 million current LCU | 118.50 million current LCU | 218.30 million current LCU | 10 |
| 2000s | 325.92 million current LCU | 227.61 million current LCU | 447.96 million current LCU | 10 |
| 2010s | 464.02 million current LCU | 412.14 million current LCU | 542.37 million current LCU | 8 |
Countries ranked near Saint Vincent and the Grenadines
- 143 Timor-Leste 694.44 million current LCU compare
- 144 Samoa 683.50 million current LCU compare
- 145 Andorra 581.74 million current LCU
- 147 Bahrain 380.42 million current LCU compare
- 148 Saint Kitts and Nevis 359.00 million current LCU compare
- 149 San Marino 338.38 million current LCU compare
More public sector data for Saint Vincent and the Grenadines
- 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)
- Capital stock, General government, Constant prices, Purchasing power 1.52 (2019)
- Taxes on goods and services 43.5% (2017)
- Net investment in nonfinancial assets 3.6% (2017)
- Capital stock, General government, Current prices, Domestic currency 0 units per person (2019)
- Capital stock, General government, Current prices, Domestic currency 0 units per US$ of GDP (2019)
- Net lending (+) / net borrowing (-) -1.5% (2017)
Frequently asked questions
- What is tax revenue in Saint Vincent and the Grenadines?
- Tax revenue in Saint Vincent and the Grenadines was 542.37 million current LCU in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 542.37 million current LCU in 2017.
- What is the lowest tax revenue recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 118.50 million current LCU in 1990.
- How does Saint Vincent and the Grenadines rank for tax revenue?
- Saint Vincent and the Grenadines ranks 146th out of 157 countries with data for 2017.
- Is tax revenue rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 34.7%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.