| SAINT VINCENTIAN ECONOMY STATS: |
| Top Stats |
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Agriculture > products
bananas, coconuts, sweet potatoes, spices, small numbers of cattle, sheep, pigs, goats, fish |
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Aid as % of GDP
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1.9% |
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[67th of 129]
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Source: CIA World Factbook, 28 July 2005 |
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Current account balance
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-$149,000,000.00 |
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[84th of 181]
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Source: calculated on the basis of data on ODA from OECD (Organisation for Economic Co-operation and Development), Development Assistance Committee. 2002. DAC Online. Database. Paris.; and data on GDP from World Bank. 2002. World Development Indicators 2002. CD-ROM. Washington, DC |
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Debt > External
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$223,000,000.00 |
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[21st of 136]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Economy > Overview
Economic growth slowed slightly in 2007 after reaching a 10 year high of nearly 7% in 2006, but is expected to remain robust, hinging upon seasonal variations in the agricultural and tourism sectors and a recent increase in construction activity. This lower-middle-income country is vulnerable to natural disasters - tropical storms wiped out substantial portions of crops in 1994, 1995, and 2002. In 2007, the islands had more than 200,000 tourist arrivals, mostly to the Grenadines. Saint Vincent is home to a small offshore banking sector and has moved to adopt international regulatory standards. The government's ability to invest in social programs and respond to external shocks is constrained by its high debt burden - 25 percent of current revenues are directed towards debt servicing. |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
Exchange rates
East Caribbean dollars per US dollar - 2.7 (2004), 2.7 (2003), 2.7 (2002), 2.7 (2001), 2.7 (2000) |
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Exports
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$193,000,000.00 |
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[169th of 189]
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Source: CIA World Factbook, 28 July 2005 |
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Exports to US
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$1,800,000.00 |
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[163rd of 224]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP
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$465,925,900.00 |
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[158th of 203]
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Source: US Census Bureau |
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GDP (purchasing power parity)
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$1,042,000,000.00 |
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[178th of 187]
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Source: World Development Indicators database and CIA World Factbook |
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GDP > PPP
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$715,000,000.00 |
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[160th of 163]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP > Real growth rate
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6.6% |
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[59th of 198]
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Source: World Bank. 2005. World Development Indicators 2005. |
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GDP growth > annual %
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2.2 annual %
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[140th of 187]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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GDP per capita, PPP > current international $
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6,568.46 PPP $
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[78th of 169]
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Source: World Development Indicators database |
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Gross National Income
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$317,194,000.00 |
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[158th of 172]
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Source: World Development Indicators database |
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Gross national income > constant LCU
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643412400 |
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Human Development Index
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0.755 |
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[87th of 178]
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Source: World Development Indicators database |
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Inflation rate (consumer prices)
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6.1% |
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[78th of 192]
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Source: Human Development Report 2006, United Nations Development Programme |
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Total reserves minus gold > current US$
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69,512,000 $
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[165th of 178]
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Source: All CIA World Factbooks 18 December 2003 to 18 December 2008 |
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Tourist arrivals
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65,000 |
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[127th of 152]
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Source: World Development Indicators database |
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