Public and publicly guaranteed debt service in Saint Vincent and the Grenadines
Saint Vincent and the Grenadines: Public and publicly guaranteed debt service was 9.7% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Saint Vincent and the Grenadines, 1978–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Saint Vincent and the Grenadines recorded 9.7% for public and publicly guaranteed debt service in 2024.
The figure is down 7.1% on the previous year and down 13.7% over ten years.
Over the whole period, public and publicly guaranteed debt service in Saint Vincent and the Grenadines peaked at 21.6% in 2021 and was at its lowest, 0.5%, in 1978.
Saint Vincent and the Grenadines ranks 33rd of 120 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Saint Vincent and the Grenadines, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1978 | 0.5% | — |
| 1979 | 0.7% | +48.4% |
| 1980 | 1.1% | +57.3% |
| 1981 | 1.2% | +16.3% |
| 1982 | 2.9% | +135.1% |
| 1983 | 2.4% | -19.0% |
| 1985 | 2.9% | +24.9% |
| 1986 | 2.8% | -3.4% |
| 1987 | 3.1% | +7.5% |
| 1988 | 2.7% | -12.2% |
| 1989 | 2.9% | +9.4% |
| 1990 | 3.1% | +6.8% |
| 1991 | 4.1% | +29.2% |
| 1992 | 4.1% | +2.0% |
| 1993 | 6.3% | +52.5% |
| 1994 | 6.2% | -1.2% |
| 1995 | 5.1% | -18.2% |
| 1996 | 5.5% | +7.6% |
| 1997 | 6.6% | +19.5% |
| 1998 | 6.2% | -4.7% |
| 1999 | 7.0% | +11.7% |
| 2000 | 6.1% | -12.4% |
| 2001 | 6.0% | -1.2% |
| 2002 | 5.5% | -8.1% |
| 2003 | 6.3% | +13.2% |
| 2004 | 8.6% | +37.0% |
| 2005 | 10.0% | +15.6% |
| 2006 | 13.7% | +38.1% |
| 2007 | 10.4% | -24.3% |
| 2008 | 12.3% | +18.5% |
| 2009 | 15.1% | +22.2% |
| 2010 | 15.2% | +0.9% |
| 2011 | 14.3% | -5.7% |
| 2012 | 14.4% | +0.4% |
| 2013 | 12.0% | -16.8% |
| 2014 | 11.2% | -6.3% |
| 2015 | 11.2% | -0.5% |
| 2016 | 13.0% | +16.2% |
| 2017 | 13.1% | +1.2% |
| 2018 | 13.4% | +2.0% |
| 2019 | 12.9% | -3.5% |
| 2020 | 21.0% | +62.9% |
| 2021 | 21.6% | +2.5% |
| 2022 | 11.1% | -48.4% |
| 2023 | 10.4% | -6.4% |
| 2024 | 9.7% | -7.1% |
Saint Vincent and the Grenadines compared with similar countries
- Saint Vincent and the Grenadines's 9.7% is above the median for upper middle income countries, which is 7.4%, 1.3× the median. (51 countries reporting)
- Saint Vincent and the Grenadines's 9.7% is above the median for Latin America & Caribbean, which is 9.7%, 1.0× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Public and publicly guaranteed debt service in Saint Vincent and the Grenadines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1982 | +135.1% | 1.2% | 2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6% | 0.5% | 0.7% | 2 |
| 1980s | 2.5% | 1.1% | 3.1% | 9 |
| 1990s | 5.4% | 3.1% | 7.0% | 10 |
| 2000s | 9.4% | 5.5% | 15.1% | 10 |
| 2010s | 13.1% | 11.2% | 15.2% | 10 |
| 2020s | 14.8% | 9.7% | 21.6% | 5 |
Countries ranked near Saint Vincent and the Grenadines
- 30 Saint Kitts and Nevis 10.1% compare
- 31 Brazil 9.7% compare
- 32 Mozambique 9.7% compare
- 34 Bangladesh 9.6% compare
- 35 Honduras 9.3% compare
- 36 Iran 9.1% compare
More external debt data for Saint Vincent and the Grenadines
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 3.5% (2024)
- Net financial flows, IDA 16.96 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 168.56 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0147 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -248,000 NFL, current US$ (2021)
- Net financial flows, IDA (NFL, current US$), per square kilometre 36,933 NFL, current US$ per square kilometre (2023)
Frequently asked questions
- What is public and publicly guaranteed debt service in Saint Vincent and the Grenadines?
- Public and publicly guaranteed debt service in Saint Vincent and the Grenadines was 9.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Saint Vincent and the Grenadines?
- The highest recorded value was 21.6% in 2021.
- What is the lowest public and publicly guaranteed debt service recorded in Saint Vincent and the Grenadines?
- The lowest recorded value was 0.5% in 1978.
- How does Saint Vincent and the Grenadines rank for public and publicly guaranteed debt service?
- Saint Vincent and the Grenadines ranks 33rd out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Saint Vincent and the Grenadines?
- Over the last ten years it is down 13.7%. The long-run trend across the full record is volatile.
- Where does this Saint Vincent and the Grenadines data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.