St. Vincent and the Grenadines Services Value Added
Services value added as % of GDP NV.SRV.TOTL.ZS
St. Vincent and the Grenadines's services value added was 67.53% in 2025, ranked 41st globally. This represents a 1.7% increase from 2024. Data from World Bank, covering 1977–2025.
Overview
St. Vincent and the Grenadines's services value added stood at 67.53% in 2025, a rise of +1.13% from 2024. Based on recent trends, this figure is projected to reach 67.53% by 2025. St. Vincent and the Grenadines ranked 41st globally.
St. Vincent and the Grenadines' Services Value Added has exhibited a steady growth trend over the past five decades, with the latest value standing at 67.53. This represents the all-time peak for the country, surpassing the 54.04 recorded in 1988, the year of the trough. Notably, the country's services sector has performed on par with peer nations such as Greece, which shares the same value, and Panama, with a mere 0.24 percentage points difference. The 49-year coverage reveals a consistent upward trajectory, underscoring the sector's pivotal role in the country's economic development. Despite this progress, the country's services sector still lags behind some of its Caribbean neighbors, such as the Marshall Islands, which boasts a higher value of 68.28. A potential shift in the country's economic trajectory could be driven by the development of tourism infrastructure, which could further boost the services sector and propel the country to even higher rankings.
Data & projection
| Year | Services Value Added | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 69.14% | - | - |
| 2026* trend | 68.34% | - | - |
| 2025* trend | 67.53% | - | - |
| 2025 | 67.53% | +1.13% | #41 |
| 2024 | 66.40% | +0.02% | #142 |
| 2023 | 66.39% | +1.52% | #153 |
| 2022 | 64.87% | +0.17% | #149 |
| 2021 | 64.70% | +1.49% | #146 |
| 2020 | 63.22% | −1.17% | #137 |
| 2019 | 64.39% | +0.93% | #144 |
| 2018 | 63.46% | −0.01% | #143 |
| 2017 | 63.46% | −0.26% | #144 |
| 2016 | 63.72% | −1.00% | #144 |
| 2015 | 64.72% | −0.69% | #148 |
| 2014 | 65.41% | −0.39% | #149 |
| 2013 | 65.80% | −0.14% | #153 |
| 2012 | 65.94% | +0.75% | #154 |
| 2011 | 65.18% | +1.23% | #153 |
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 services value added improve within 24 months. View full analysis →
Frequently Asked Questions
St. Vincent and the Grenadines's services value added was 67.53% in 2025. Ranked 41st globally. This represents a 1.7% increase from the previous year.
St. Vincent and the Grenadines's services value added peaked at 67.53% in 2025.
The lowest services value added in St. Vincent and the Grenadines was 54.04% in 1988.
St. Vincent and the Grenadines ranks 41st globally in services value added as of 2025.
The World Bank indicator code is NV.SRV.TOTL.ZS. Data sourced from World Bank.
St. Vincent and the Grenadines's services value added is projected to reach 67.53% by 2025 based on trend extrapolation.
The services value added of St. Vincent and the Grenadines in 2025 was 67.53%. This ranks 41st in the world.
Cite this page
@misc{historysaid_st-vincent-and-the-grenadines_services-value-added,
title = {St. Vincent and the Grenadines Services Value Added},
url = {https://historysaid.com/st-vincent-and-the-grenadines/services-value-added/},
publisher = {HistorySaid},
year = {2026}
}