St Vincent and the Grenadines Tax Revenue to GDP

Central government tax revenue as a percentage of GDP.

Tax Revenue to GDP in St Vincent and the Grenadines decreased to 23.80 percent of GDP in 2017 from 24.35 percent of GDP in 2016.

23.8%
▼ −0.6 pp2017 · previous 24.4%Annual · percent of GDP · Source: World Bank — World Development Indicators

St Vincent and the Grenadines Tax Revenue to GDP — History

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St Vincent and the Grenadines Tax Revenue to GDP — analysis in simple words

Latest reading

Tax Revenue to GDP in St Vincent and the Grenadines decreased to 23.80 percent of GDP in 2017 from 24.35 percent of GDP in 2016.

Over the last three years it rose twice and fell once.

Recent trend

A year earlier (2016) it was 24.4%, so the latest figure is 0.6 percentage points lower.

Over the past five years the average was 22.7%, with a range from 20.4% to 24.4%. The latest value is above that five-year average.

Historical context

This data series starts in 1990 and has 28 annual observations. The latest reading is higher than 93% of all of them.

The highest value on record is 24.4% (2016) and the lowest is 18.3% (1990). The long-run average is 20.7%.

Statistics

Latest
23.8%2017
Previous
24.4%
5-year average
22.7%
Long-run average
20.7%since 1990
All-time high
24.4%2016
All-time low
18.3%1990
Observations
28Annual

Recent Data

PeriodValueChange
201723.8%▼ −0.6 pp
201624.4%▲ +1.7 pp
201522.7%▲ +0.2 pp
201422.5%▲ +2.1 pp
201320.4%▼ −1.5 pp
201221.8%▲ +0.5 pp
201121.4%▼ −0.3 pp
201021.7%▼ −0.8 pp
200922.4%▼ −0.2 pp
200822.6%▲ +1.7 pp
200720.9%▲ +0.1 pp
200620.8%▲ +1.1 pp
200519.7%▲ +0.1 pp
200419.6%▼ −0.2 pp
200319.8%▼ −0.9 pp
200220.7%▲ +1.4 pp
200119.4%▼ −0.3 pp
200019.7%▼ −1.0 pp
199920.7%▼ −0.5 pp
199821.2%▲ +0.6 pp
199720.6%▲ +0.6 pp
199620.0%▲ +0.7 pp
199519.2%▼ −0.5 pp
199419.8%▲ +1.1 pp
199318.7%▲ +0.2 pp
199218.5%▼ −1.1 pp
199119.6%▲ +1.3 pp
199018.3%

Tax Revenue to GDP — St Vincent and the Grenadines vs Peers

Latest available reading for each economy (periods may differ). St Vincent and the Grenadines highlighted.

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More St Vincent and the Grenadines indicators

Understanding Tax Revenue to GDP — a simple guide

What it measures

Central government tax revenue as a percentage of GDP.

How it is calculated

Central government tax collections ÷ GDP × 100.

Simple example

12% means central taxes equal 12% of GDP.

▲ When it is high or rising

Strong tax collection capacity.

▼ When it is low or falling

Weaker collection or a large informal economy.

Why it matters for the economy and markets

The tax-to-GDP ratio indicates fiscal capacity and the efficiency of tax collection.

How to read it

It excludes state/local taxes in federal countries, so it can understate total taxation.

Data source

World Bank — World Development Indicators (series GC.TAX.TOTL.GD.ZS), annual data from 1990 to 2017. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current tax revenue to gdp of St Vincent and the Grenadines?
St Vincent and the Grenadines tax revenue to gdp was 23.8% in 2017, compared with 24.4% in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest tax revenue to gdp of St Vincent and the Grenadines?
Since 1990, the highest reading was 24.4% (2016) and the lowest was 18.3% (1990).
What does tax revenue to gdp measure?
Central government tax revenue as a percentage of GDP.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.