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St. Vincent and the Grenadines Tax revenue (% of GDP) 2026: Interactive Chart & Historical Data

Tax revenue (% of GDP) in St. Vincent and the Grenadines stood at 23.8% in 2017, according to World Bank. The latest value is down 0.55 percentage points from 24.35% in 2016. Ten years earlier, in 2007, the value was 20.9% (up 2.9 percentage points since). The highest value since 1990 was 24.35% in 2016, the lowest 18.26% in 1990. St. Vincent and the Grenadines ranked 21st highest of the 144 countries in this dataset in 2017; Denmark ranked first.

Data source: World Bank · Unit: % · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024
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What is Tax revenue (% of GDP)?

Tax revenue (% of GDP), measured in %, measures the total economic output of St. Vincent and the Grenadines. It represents the broadest indicator of economic activity, capturing production, income, and expenditure across all sectors — from manufacturing and services to agriculture and government. GDP can be calculated three ways: by adding up all expenditures (consumption + investment + government spending + net exports), by summing all incomes earned, or by totaling value added at each production stage. In St. Vincent and the Grenadines, the statistical agency compiles GDP data through comprehensive surveys of businesses, government records, and household expenditure patterns. While GDP per capita provides insight into average living standards, it does not capture income distribution, environmental costs, or unpaid work like caregiving. Nevertheless, GDP growth remains the most widely followed metric for assessing whether an economy is expanding or contracting.

Key facts

What is the latest Tax revenue (% of GDP) in St. Vincent and the Grenadines?

Tax revenue (% of GDP) in St. Vincent and the Grenadines stood at 23.8% in 2017, according to World Bank.

Is Tax revenue (% of GDP) in St. Vincent and the Grenadines rising or falling?

The latest value is down 0.55 percentage points from 24.35% in 2016. Ten years earlier, in 2007, the value was 20.9% (up 2.9 percentage points since).

How does St. Vincent and the Grenadines rank for Tax revenue (% of GDP)?

St. Vincent and the Grenadines ranked 21st highest of the 144 countries in this dataset in 2017; Denmark ranked first.

What is the highest Tax revenue (% of GDP) on record in St. Vincent and the Grenadines?

The highest value since 1990 was 24.35% in 2016, the lowest 18.26% in 1990.

Metadata for Tax revenue (% of GDP) in St. Vincent and the Grenadines
IndicatorTax revenue (% of GDP)
CountrySt. Vincent and the Grenadines
CategoryMacroeconomics
Unit%
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

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Cite this chart
APA

World Bank. (2026). Tax revenue (% of GDP) — St. Vincent and the Grenadines [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/VCT. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS

MLA

World Bank. "Tax revenue (% of GDP) — St. Vincent and the Grenadines." EconDash, 2026, https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/VCT. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS.

Chicago

World Bank. 2026. "Tax revenue (% of GDP) — St. Vincent and the Grenadines." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/VCT. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS.

BibTeX
@misc{econdash_wdi_gc_tax_totl_gd_zs_vct,
  author = {{World Bank}},
  title = {{Tax revenue (\% of GDP) --- St. Vincent and the Grenadines}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-tax-totl-gd-zs/VCT},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.TAX.TOTL.GD.ZS}
}