Taxes on income, profits and capital gains in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Taxes on income, profits and capital gains was 27.8% in 2017. ▼ Falling
Taxes on income, profits and capital gains in Saint Vincent and the Grenadines, 1990–2017
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of total taxes.
Analysis
The most recent figure for taxes on income, profits and capital gains in Saint Vincent and the Grenadines is 27.8%, measured in 2017.
Compared with earlier readings it is down 4.4% on the previous year and up 8.2% over ten years.
Over the whole period, taxes on income, profits and capital gains in Saint Vincent and the Grenadines peaked at 34.1% in 1998 and was at its lowest, 24.6%, in 2008.
Saint Vincent and the Grenadines ranks 118th of 153 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 28 years of available data.
Taxes on income, profits and capital gains in Saint Vincent and the Grenadines, year by year
| Year | % of total taxes | Change |
|---|---|---|
| 1990 | 28.1% | — |
| 1991 | 32.4% | +15.2% |
| 1992 | 31.5% | -2.7% |
| 1993 | 30.1% | -4.5% |
| 1994 | 33.7% | +11.9% |
| 1995 | 30.1% | -10.5% |
| 1996 | 31.3% | +3.9% |
| 1997 | 31.6% | +0.9% |
| 1998 | 34.1% | +8.0% |
| 1999 | 32.3% | -5.2% |
| 2000 | 31.4% | -2.9% |
| 2001 | 29.3% | -6.6% |
| 2002 | 32.2% | +9.8% |
| 2003 | 28.3% | -12.3% |
| 2004 | 27.6% | -2.2% |
| 2005 | 29.1% | +5.2% |
| 2006 | 27.3% | -6.1% |
| 2007 | 25.7% | -5.8% |
| 2008 | 24.6% | -4.2% |
| 2009 | 25.5% | +3.5% |
| 2010 | 25.8% | +1.2% |
| 2011 | 27.8% | +7.5% |
| 2012 | 28.4% | +2.4% |
| 2013 | 26.5% | -6.8% |
| 2014 | 29.9% | +12.9% |
| 2015 | 27.0% | -9.9% |
| 2016 | 29.1% | +8.0% |
| 2017 | 27.8% | -4.4% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 27.8% is below the median for upper middle income countries, which is 37.1%, 75% of the median. (48 countries reporting)
- Saint Vincent and the Grenadines's 27.8% is below the median for Latin America & Caribbean, which is 36.0%, 77% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.5% | 28.1% | 34.1% | 10 |
| 2000s | 28.1% | 24.6% | 32.2% | 10 |
| 2010s | 27.8% | 25.8% | 29.9% | 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)
- 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)
- Elected parliament, 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)
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- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is taxes on income, profits and capital gains in Saint Vincent and the Grenadines?
- Taxes on income, profits and capital gains in Saint Vincent and the Grenadines was 27.8% in 2017, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 34.1% in 1998.
- What is the lowest taxes on income, profits and capital gains recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 24.6% in 2008.
- How does Saint Vincent and the Grenadines rank for taxes on income, profits and capital gains?
- Saint Vincent and the Grenadines ranks 118th out of 153 countries with data for 2017.
- Is taxes on income, profits and capital gains rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is up 8.2%. 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 Taxes on income, profits and capital gains (% of total taxes). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of total taxes which includes all compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.