| 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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Definition: Economy > Aid as % of GDP |
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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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Definition: Economy > Current account balance |
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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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Definition: Economy > Debt > External |
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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Definition: Economy > Economy > Overview |
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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Definition: Economy > Exchange rates |
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Exports
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$193,000,000.00 |
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[169th of 189]
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Definition: Economy > Exports |
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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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Definition: Economy > Exports to US |
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GDP
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$465,925,900.00 |
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[158th of 203]
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Definition: Economy > GDP |
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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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Definition: Economy > GDP (purchasing power parity) |
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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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Definition: Economy > GDP > PPP |
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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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Definition: Economy > GDP > Real growth rate |
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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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Definition: Economy > GDP growth > annual % |
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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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Definition: Economy > GDP per capita, PPP > current international $ |
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Gross National Income
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$317,194,000.00 |
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[158th of 172]
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Definition: Economy > Gross National Income |
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Gross national income > constant LCU
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643412400 |
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Definition: Economy > Gross national income > constant LCU |
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Human Development Index
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0.755 |
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[87th of 178]
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Definition: Economy > Human Development Index |
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Inflation rate (consumer prices)
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6.1% |
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[78th of 192]
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Definition: Economy > Inflation rate (consumer prices) |
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Total reserves minus gold > current US$
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69,512,000 $
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[165th of 178]
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Definition: Economy > Total reserves minus gold > current US$ |
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Tourist arrivals
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65,000 |
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[127th of 152]
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Definition: Economy > Tourist arrivals |