Budget balance — all countries

Budget balance — Saint Vincent and the Grenadines

Budget balance in Saint Vincent and the Grenadines in 2031 — -9.6%. Ranked 180 in the world out of 188. Since 1980, the indicator has fallen by 6 pp.

2031 -9.6% −0.1 pp vs 2030
World rank 180of 188
Period maximum 4.2%1985
Period minimum -16%2024

Trend over time

1980–2031 · % of GDP

Budget balance — Saint Vincent and the Grenadines, 1980–2031-20-1001019801986199219982004201020162022202820311980: -3.6%1981: -2.7%1982: 0.3%1983: -1.9%1984: 2.5%1985: 4.2%1986: 2.3%1987: 1.1%1988: 0.6%1989: -1.9%1990: 1.7%1991: -0.5%1992: -3.3%1993: -1.5%1994: 0.1%1995: 1.1%1996: 1.6%1997: -2.8%1998: -1.8%1999: -1.9%2000: -0.8%2001: -1.6%2002: -2%2003: -2.5%2004: -2.7%2005: -4.3%2006: -3.1%2007: -3.1%2008: -1.3%2009: -2.9%2010: -3.7%2011: -3.5%2012: -1.8%2013: -5.8%2014: -2.8%2015: -2%2016: 0%2017: -1.6%2018: -1.6%2019: -3.4%2020: -5.9%2021: -7.2%2022: -9.4%2023: -12.5%2024: -16%2025: -12.3%2026: -12.1%2027: -11.1%2028: -10.2%2029: -9.4%2030: -9.5%2031: -9.6%
Change over the period: −6 pp Annual average: -0.12 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Saint Vincent and the Grenadines

Saint Vincent and the Grenadines -9.6%
World computed -4.85%
Latin America & Caribbean computed -3.31%
Budget balance — Saint Vincent and the Grenadines, by year Saint Vincent and the Grenadines All countries CSV XLSX
Year % Change, pp
2031 -9.6 −0.1 pp
2030 -9.5 −0.1 pp
2029 -9.4 +0.8 pp
2028 -10.2 +0.9 pp
2027 -11.1 +1 pp
2026 -12.1 +0.2 pp
2025 -12.3 +3.7 pp
2024 -16 −3.5 pp
2023 -12.5 −3.1 pp
2022 -9.4 −2.2 pp
2021 -7.2 −1.3 pp
2020 -5.9 −2.5 pp
2019 -3.4 −1.8 pp
2018 -1.6 +0 pp
2017 -1.6 −1.6 pp
2016 0 +2 pp
2015 -2 +0.8 pp
2014 -2.8 +3 pp
2013 -5.8 −4 pp
2012 -1.8 +1.7 pp
2011 -3.5 +0.2 pp
2010 -3.7 −0.8 pp
2009 -2.9 −1.6 pp
2008 -1.3 +1.8 pp
2007 -3.1 +0 pp
2006 -3.1 +1.2 pp
2005 -4.3 −1.6 pp
2004 -2.7 −0.2 pp
2003 -2.5 −0.5 pp
2002 -2 −0.4 pp
2001 -1.6 −0.8 pp
2000 -0.8 +1.1 pp
1999 -1.9 −0.1 pp
1998 -1.8 +1 pp
1997 -2.8 −4.4 pp
1996 1.6 +0.5 pp
1995 1.1 +1 pp
1994 0.1 +1.6 pp
1993 -1.5 +1.8 pp
1992 -3.3 −2.8 pp
1991 -0.5 −2.2 pp
1990 1.7 +3.6 pp
1989 -1.9 −2.5 pp
1988 0.6 −0.5 pp
1987 1.1 −1.2 pp
1986 2.3 −1.9 pp
1985 4.2 +1.7 pp
1984 2.5 +4.4 pp
1983 -1.9 −2.2 pp
1982 0.3 +3 pp
1981 -2.7 +0.9 pp
1980 -3.6

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.