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St. Vincent and the Grenadines Current Account Balance

Current account balance as % of GDP  BN.CAB.XOKA.GD.ZS

St. Vincent and the Grenadines's current account balance was -15.75% in 2025, ranked 176th globally. This represents a 16.4% decrease from 2024. Data from World Bank, covering 1978–2025.

-15.75% −2.22% (-16.4%)
Year 2025 Rank #176 Global Peak 4.44% (1978) Source World Bank

St. Vincent and the Grenadines Current Account Balance (1978–2025)

Overview

St. Vincent and the Grenadines's current account balance stood at -15.75% in 2025, a decline of +2.22% from 2024. The IMF projects -15.75% by 2025. St. Vincent and the Grenadines ranked 176th globally.

St. Vincent and the Grenadines has experienced significant fluctuations in its current account balance over the past four decades, with a peak of 4.44 in 1978 and a trough of -31.39 in 2008. In contrast, the country's current account balance has remained relatively stable in recent years, albeit at a deficit, with a current value of -15.75 ranking it 176th globally in 2025. This trend is comparable to that of Palau, which has maintained a similarly sized deficit in recent years. Despite the country's efforts to diversify its economy and reduce its reliance on agriculture, St. Vincent and the Grenadines continues to face challenges in balancing its trade accounts. To improve its current account balance, the country may need to implement policies aimed at increasing its exports, such as developing its tourism industry or investing in renewable energy, in order to reduce its reliance on imports and generate foreign exchange earnings.

Data & projection

Year Current Account Balance YoY change Rank
2030* IMF -8.93% - -
2029* IMF -9.10% - -
2028* IMF -9.52% - -
2027* IMF -10.76% - -
2026* IMF -13.52% - -
2025* IMF -15.75% - -
2025 -15.75% −2.22% #176
2024 -13.53% +3.36% #19
2023 -16.83% +3.76% #13
2022 -20.19% +3.04% #8
2021 -23.21% −7.30% #4
2020 -15.89% −13.50% #15
2019 -2.39% +7.92% #90
2018 -10.30% +1.59% #27
2017 -11.89% +1.19% #19
2016 -13.08% +2.50% #20
2015 -15.58% +9.62% #16
2014 -25.21% −0.48% #5
2013 -24.73% +0.58% #9
2012 -25.30% −2.97% #7
2011 -22.33% +3.99% #10
Show all years (1978-2025)
* IMF World Economic Outlook projection

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 10.1% GDP growth 0.4% Unemployment 18.8%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

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 current account balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is St. Vincent and the Grenadines's current account balance?▾

St. Vincent and the Grenadines's current account balance was -15.75% in 2025. Ranked 176th globally. This represents a 16.4% decrease from the previous year.

What was the highest current account balance in St. Vincent and the Grenadines?▾

St. Vincent and the Grenadines's current account balance peaked at 4.44% in 1978.

What was the lowest current account balance in St. Vincent and the Grenadines?▾

The lowest current account balance in St. Vincent and the Grenadines was -31.39% in 2008.

How does St. Vincent and the Grenadines rank in current account balance?▾

St. Vincent and the Grenadines ranks 176th globally in current account balance as of 2025.

What is the World Bank indicator code for current account balance?▾

The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.

What is the projected current account balance of St. Vincent and the Grenadines in 2025?▾

St. Vincent and the Grenadines's current account balance is projected to reach -15.75% by 2025 based on IMF projection.

What is the current account balance of St. Vincent and the Grenadines in 2025?▾

The current account balance of St. Vincent and the Grenadines in 2025 was -15.75%. This ranks 176th in the world.

Cite this page

APA
St. Vincent and the Grenadines Current Account Balance. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/st-vincent-and-the-grenadines/current-account/
BibTeX
@misc{historysaid_st-vincent-and-the-grenadines_current-account, title = {St. Vincent and the Grenadines Current Account Balance}, url = {https://historysaid.com/st-vincent-and-the-grenadines/current-account/}, publisher = {HistorySaid}, year = {2026} }
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