Taxes on goods and services (current LCU), per unit of GDP in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Taxes on goods and services (current LCU), per unit of GDP was 0.3147 current LCU per US$ of GDP in 2017. ◆ Volatile
Taxes on goods and services (current LCU), per unit of GDP in Saint Vincent and the Grenadines, 1990–2017
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2017, taxes on goods and services (current lcu), per unit of gdp in Saint Vincent and the Grenadines stood at 0.3147 current LCU per US$ of GDP.
The figure is down 3.0% on the previous year and up 21.2% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Saint Vincent and the Grenadines peaked at 0.3355 current LCU per US$ of GDP in 2008 and was at its lowest, 0.0604 current LCU per US$ of GDP, in 1993.
Saint Vincent and the Grenadines ranks 97th of 157 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on goods and services (current LCU), per unit of GDP in Saint Vincent and the Grenadines, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.0828 current LCU per US$ of GDP | — |
| 1991 | 0.0687 current LCU per US$ of GDP | -17.1% |
| 1992 | 0.0658 current LCU per US$ of GDP | -4.1% |
| 1993 | 0.0604 current LCU per US$ of GDP | -8.2% |
| 1994 | 0.0622 current LCU per US$ of GDP | +2.9% |
| 1995 | 0.0639 current LCU per US$ of GDP | +2.8% |
| 1996 | 0.0679 current LCU per US$ of GDP | +6.2% |
| 1997 | 0.0707 current LCU per US$ of GDP | +4.2% |
| 1998 | 0.0653 current LCU per US$ of GDP | -7.7% |
| 1999 | 0.0699 current LCU per US$ of GDP | +7.0% |
| 2000 | 0.1202 current LCU per US$ of GDP | +72.1% |
| 2001 | 0.1199 current LCU per US$ of GDP | -0.3% |
| 2002 | 0.1143 current LCU per US$ of GDP | -4.7% |
| 2003 | 0.1176 current LCU per US$ of GDP | +2.9% |
| 2004 | 0.1272 current LCU per US$ of GDP | +8.2% |
| 2005 | 0.1263 current LCU per US$ of GDP | -0.7% |
| 2006 | 0.1526 current LCU per US$ of GDP | +20.8% |
| 2007 | 0.2597 current LCU per US$ of GDP | +70.2% |
| 2008 | 0.3355 current LCU per US$ of GDP | +29.2% |
| 2009 | 0.3315 current LCU per US$ of GDP | -1.2% |
| 2010 | 0.3164 current LCU per US$ of GDP | -4.5% |
| 2011 | 0.2994 current LCU per US$ of GDP | -5.4% |
| 2012 | 0.3073 current LCU per US$ of GDP | +2.6% |
| 2013 | 0.292 current LCU per US$ of GDP | -5.0% |
| 2014 | 0.2657 current LCU per US$ of GDP | -9.0% |
| 2015 | 0.2812 current LCU per US$ of GDP | +5.8% |
| 2016 | 0.3245 current LCU per US$ of GDP | +15.4% |
| 2017 | 0.3147 current LCU per US$ of GDP | -3.0% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 0.3147 current LCU per US$ of GDP is below the median for upper middle income countries, which is 1.74 current LCU per US$ of GDP, 18% of the median. (48 countries reporting)
- Saint Vincent and the Grenadines's 0.3147 current LCU per US$ of GDP is below the median for Latin America & Caribbean, which is 0.5148 current LCU per US$ of GDP, 61% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services (current LCU), per unit of GDP in Saint Vincent and the Grenadines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2000 | +72.1% | 0.0699 current LCU per US$ of GDP | 0.1202 current LCU per US$ of GDP |
| 2007 | +70.2% | 0.1526 current LCU per US$ of GDP | 0.2597 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0678 current LCU per US$ of GDP | 0.0604 current LCU per US$ of GDP | 0.0828 current LCU per US$ of GDP | 10 |
| 2000s | 0.1805 current LCU per US$ of GDP | 0.1143 current LCU per US$ of GDP | 0.3355 current LCU per US$ of GDP | 10 |
| 2010s | 0.3002 current LCU per US$ of GDP | 0.2657 current LCU per US$ of GDP | 0.3245 current LCU per US$ of GDP | 8 |
Countries ranked near Saint Vincent and the Grenadines
- 94 Georgia 0.3502 current LCU per US$ of GDP compare
- 95 Trinidad and Tobago 0.3417 current LCU per US$ of GDP compare
- 96 Tonga 0.3309 current LCU per US$ of GDP compare
- 98 China 0.3037 current LCU per US$ of GDP compare
- 99 Peru 0.2989 current LCU per US$ of GDP compare
- 100 Bosnia and Herzegovina 0.2945 current LCU per US$ of GDP compare
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 taxes on goods and services (current lcu), per unit of gdp in Saint Vincent and the Grenadines?
- Taxes on goods and services (current lcu), per unit of gdp in Saint Vincent and the Grenadines was 0.3147 current LCU per US$ of GDP in 2017, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 0.3355 current LCU per US$ of GDP in 2008.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 0.0604 current LCU per US$ of GDP in 1993.
- How does Saint Vincent and the Grenadines rank for taxes on goods and services (current lcu), per unit of gdp?
- Saint Vincent and the Grenadines ranks 97th out of 157 countries with data for 2017.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 21.2%. The long-run trend across the full record is volatile.
- Where does this Saint Vincent and the Grenadines data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.