St. Vincent and the Grenadines Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
St. Vincent and the Grenadines's budget deficit was -7.57% in 2025, ranked 168th globally. This represents a 41.3% increase from 2024. Data from IMF WEO, covering 1980–2025.
Overview
St. Vincent and the Grenadines's budget deficit stood at -7.57% in 2025, a rise of +5.33% from 2024. The IMF projects -7.57% by 2025. St. Vincent and the Grenadines ranked 168th globally.
St. Vincent and the Grenadines has experienced a significant fluctuation in its budget deficit over the past four decades. The country's all-time peak deficit of 4.23% of GDP occurred in 1985, a year marked by economic challenges in the region. Conversely, the most recent data from the IMF World Economic Outlook indicates that the country's deficit has reached a record low of -12.90% of GDP in 2024. However, the latest data also reveals a significant increase in the budget deficit in 2025, with a deficit of -7.57% of GDP, ranking the country 168th globally. This is comparable to Jordan's deficit of -7.48%, but higher than Togo's deficit of -7.58%. A continued reliance on external assistance and a stable global economic environment will be crucial in maintaining the country's fiscal trajectory. A potential shift in the country's economic policy or changes in global commodity prices could alter the trajectory of its budget deficit.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 1.13% | - | - |
| 2029* IMF | 0.95% | - | - |
| 2028* IMF | 0.84% | - | - |
| 2027* IMF | 0.68% | - | - |
| 2026* IMF | -0.51% | - | - |
| 2025* IMF | -7.57% | - | - |
| 2025 | -7.57% | +5.33% | #168 |
| 2024 | -12.90% | −0.94% | #8 |
| 2023 | -11.96% | −2.61% | #5 |
| 2022 | -9.35% | −2.16% | #13 |
| 2021 | -7.19% | −1.27% | #37 |
| 2020 | -5.92% | −2.47% | #96 |
| 2019 | -3.45% | −1.81% | #61 |
| 2018 | -1.65% | −0.08% | #96 |
| 2017 | -1.56% | −1.60% | #112 |
| 2016 | 0.04% | +2.05% | #151 |
| 2015 | -2.01% | +0.81% | #119 |
| 2014 | -2.82% | +2.99% | #92 |
| 2013 | -5.81% | −4.01% | #27 |
| 2012 | -1.80% | +1.70% | #109 |
| 2011 | -3.50% | +0.20% | #71 |
Detected Pattern
Analysis
St. Vincent and the Grenadines matched the Stagflation Risk pattern in 2008. Historically, 38% of countries showing this pattern (117 out of 307) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
St. Vincent and the Grenadines's budget deficit was -7.57% in 2025. Ranked 168th globally. This represents a 41.3% increase from the previous year.
St. Vincent and the Grenadines's budget deficit peaked at 4.23% in 1985.
The lowest budget deficit in St. Vincent and the Grenadines was -12.90% in 2024.
St. Vincent and the Grenadines ranks 168th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
St. Vincent and the Grenadines's budget deficit is projected to reach -7.57% by 2025 based on IMF projection.
The budget deficit of St. Vincent and the Grenadines in 2025 was -7.57%. This ranks 168th in the world.
Cite this page
@misc{historysaid_st-vincent-and-the-grenadines_budget-deficit,
title = {St. Vincent and the Grenadines Budget Deficit},
url = {https://historysaid.com/st-vincent-and-the-grenadines/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}