St. Vincent and the Grenadines Government Spending
Government expenditure as % of GDP GC.XPN.TOTL.GD.ZS
St. Vincent and the Grenadines's government spending was 24.73% in 2017, ranked 71st globally. This represents a 5.7% increase from 2016. Data from World Bank, covering 2000–2017.
Overview
St. Vincent and the Grenadines's government spending stood at 24.73% in 2017, a rise of +1.32% from 2016. St. Vincent and the Grenadines ranked 71st globally.
St. Vincent and the Grenadines has maintained a relatively stable government spending trend over the past 18 years, with a fluctuating ratio to its GDP. The country's all-time peak in government spending was reached in 2011, at 25.69% of GDP, while the lowest point occurred in 2004, at 19.40%. In 2017, government spending stood at 24.73% of GDP, placing St. Vincent and the Grenadines 71st globally. This figure is comparable to that of Samoa, which had a government spending ratio of 24.67% in 2017. Notably, St. Vincent and the Grenadines' government spending has been consistently lower than that of Jamaica, which had a spending ratio of 25.02% in 2017. While St. Vincent and the Grenadines' government spending has shown some fluctuation over the years, it remains to be seen whether the country will continue to maintain this relatively stable trend, potentially influenced by policy decisions aimed at reducing its debt-to-GDP ratio.
Data & projection
| Year | Government Spending | YoY change | Rank |
|---|---|---|---|
| 2017 | 24.73% | +1.32% | #71 |
| 2016 | 23.41% | −0.74% | #62 |
| 2015 | 24.15% | −0.30% | #65 |
| 2014 | 24.45% | +0.66% | #65 |
| 2013 | 23.79% | −1.01% | #58 |
| 2012 | 24.80% | −0.89% | #66 |
| 2011 | 25.69% | +1.37% | #68 |
| 2010 | 24.32% | −0.03% | #57 |
| 2009 | 24.36% | +2.55% | #54 |
| 2008 | 21.80% | +2.14% | #48 |
| 2007 | 19.66% | −0.80% | #38 |
| 2006 | 20.46% | −0.23% | #39 |
| 2005 | 20.68% | +1.28% | #40 |
| 2004 | 19.40% | −0.42% | #41 |
| 2003 | 19.83% | −0.91% | #38 |
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 government spending improve within 24 months. View full analysis →
Frequently Asked Questions
St. Vincent and the Grenadines's government spending was 24.73% in 2017. Ranked 71st globally. This represents a 5.7% increase from the previous year.
St. Vincent and the Grenadines's government spending peaked at 25.69% in 2011.
The lowest government spending in St. Vincent and the Grenadines was 19.40% in 2004.
St. Vincent and the Grenadines ranks 71st globally in government spending as of 2017.
The World Bank indicator code is GC.XPN.TOTL.GD.ZS. Data sourced from World Bank.
The government spending of St. Vincent and the Grenadines in 2017 was 24.73%. This ranks 71st in the world.
Cite this page
@misc{historysaid_st-vincent-and-the-grenadines_government-spending,
title = {St. Vincent and the Grenadines Government Spending},
url = {https://historysaid.com/st-vincent-and-the-grenadines/government-spending/},
publisher = {HistorySaid},
year = {2026}
}