Saint Vincent and the Grenadines: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Saint Vincent and the Grenadines

Fiscal balance, percent of GDP

 Latest value -9.39
 Year 2022
 Measure percent
 Data availability 1980 - 2022
 Average -1.71
 Min - Max -9.39 - 4.23
 Source International Monetary Fund (IMF)
For that indicator, we provide data for Saint Vincent and the Grenadines from 1980 to 2022. The average value for Saint Vincent and the Grenadines during that period was -1.71 percent with a minimum of -9.39 percent in 2022 and a maximum of 4.23 percent in 1985. The latest value from 2022 is -9.39 percent. For comparison, the world average in 2022 based on 149 countries is -2.63 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Saint Vincent and the Grenadines - Fiscal balance, percent of GDP - recent values

Historical chart
Saint Vincent and the Grenadines - Fiscal balance, percent of GDP - historical chart - 1980-2022




Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.


 Related indicators Latest value Reference Measure
 Fiscal balance, percent of GDP -9.39 2022 percent
 Government debt 87.77 2022 percent
 Tax revenue 23.80 2017 percent
 Commercial tax rate 37.00 2019 percent
 Tax preparation time 108 2019 hours
 Number of taxes 36 2019 taxes
 Taxes on goods and services 43.46 2017 percent
 Taxes on international trade 17.63 2017 percent
 Income and profits taxes 24.69 2017 percent
 Foreign aid 126.32 2021 million U.S. dollars
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