Basic details about Saint Vincent and the Grenadines
Population:
100,647
Area:
389 sq km (Saint Vincent 344 sq km)
Currency:
East Caribbean dollars
Languages:
English, Vincentian Creole English, French patois
Economic Overview
Key economic indicators for Saint Vincent and the Grenadines
GDP:
$1.858 billion
GDP per Capita:
$18,300
GDP Growth:
6.02%
Inflation:
4.56%
Unemployment:
18.67%
Public Debt:
73.8% of GDP
Credit Rating:
B3 (2014)
Political System
Governance structure of Saint Vincent and the Grenadines
Government Type:
parliamentary democracy under a constitutional monarchy; a Commonwealth realm
Head of State:
King CHARLES III (since 8 September 2022); represented by Governor General Susan DOUGAN (since 1 August 2019)
Head of Government:
Prime Minister Ralph Everard GONSALVES (since 29 March 2001)
Judiciary:
the Eastern Caribbean Supreme Court (ECSC) is the superior court of the Organization of Eastern Caribbean States; the ECSC - headquartered on St. Lucia - consists of the Court of Appeal - headed by the chief justice and 4 judges - and the High Court with 18 judges; the Court of Appeal is itinerant, traveling to member states on a schedule to hear appeals from the High Court and subordinate courts; High Court judges reside in the member states, with 2 assigned to Saint Vincent and the Grenadines; note - Saint Vincent and the Grenadines is also a member of the Caribbean Court of Justice
Administrative Divisions:
6 parishes; Charlotte, Grenadines, Saint Andrew, Saint David, Saint George, Saint Patrick
Major Political Parties
Not specified
International Relations
Global position and alliances
UN Member:
Yes
EU Member:
No
Diplomatic Presence:
1627 K Street, NW, Suite 704, Washington, DC 20006
Major Alliances and Organizations
OAS
Economic Sectors & Trade
Detailed economic breakdown
Major Economic Sectors
Agriculture
4.2% (2023 est.)
Industry
14.2% (2023 est.)
Services
64.2% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Trade Volume
Exports:
$347.827 million
Imports:
$566.477 million
Major Trading Partners
Croatia 16
Barbados 14
USA 10
St. Lucia 10
St. Kitts & Nevis 8
Economic Outlook
Saint Vincent and the Grenadines has a 6.02% GDP growth rate with 4.56% inflation. The economy is characterized by a strong agriculture sector.