St. Vincent and the Grenadines's merchandise imports by the reporting economy (current US$) was US$456.04 million in 2023, the latest year in the World Bank's World Development Indicators. That is up 23.61% from US$368.93 million in 2013 (2.14% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$456.04 million | 2023 |
| Five years earlier | US$353.04 million | 2018 |
| Ten years earlier | US$368.93 million | 2013 |
| Highest | US$456.04 million | 2023 |
| Lowest | US$20.71 million | 1984 |
| Average since 2014 | US$363.32 million | 2014–2023 |
| First recorded | US$29.99 million |
What the numbers say
In 2023, St. Vincent and the Grenadines' merchandise imports by the reporting economy (current US$) rose 4.2% on 2022 (from US$437.66 million to US$456.04 million).
Across the 30 yearly changes before that (1993 to 2022), the average change was +4.8% and a typical year strayed about 9.6% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 212.9% in 1986 and the biggest yearly fall was 69.3% in 1984. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is upward, about US$10.42 million a year. A straight line explains 45% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, St. Vincent and the Grenadines had the 192nd highest value of the 205 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| St. Vincent and the Grenadines | US$456.04 million | 2023 |
| World | US$23.45 trillion | 2023 |
| Latin America & Caribbean | US$1.43 trillion | 2023 |
| Upper middle income | US$5.94 trillion | 2023 |
Closest to St. Vincent and the Grenadines in the 2023 ranking
- Grenada — 188th of 205: US$540.49 million
- Micronesia, Fed. Sts. — 189th of 205: US$516.78 million
- Samoa — 190th of 205: US$462.21 million
- Eritrea — 192nd of 205: US$436.69 million
- San Marino — 193rd of 205: US$432.26 million
- Vanuatu — 194th of 205: US$424.38 million
What this measures
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 47 values
| Year | Merchandise imports by the reporting economy (current US$) |
|---|---|
| 2023 | 456,037,719 |
| 2022 | 437,664,823 |
| 2021 | 371,755,262 |
| 2020 | 320,454,367 |
| 2019 | 334,829,382 |
| 2018 | 353,041,520 |
| 2017 | 329,813,581 |
| 2016 | 334,566,721 |
| 2015 | 333,564,781 |
| 2014 | 361,433,497 |
Merchandise imports by the reporting economy (current US$) in nearby economies
- Antigua and Barbuda — US$668.07 million (2023)
- Argentina — US$72.8 billion (2023)
- Aruba — US$1.53 billion (2023)
- Bahamas, The — US$4.13 billion (2023)
- Barbados — US$2.12 billion (2023)
- Belize — US$1.33 billion (2023)
- Bolivia — US$11.49 billion (2023)
- Brazil — US$254.86 billion (2023)
- Chile — US$82.01 billion (2023)
More private sector & trade data for St. Vincent and the Grenadines
- Merchandise trade (% of GDP) — 43.5% (2025)
- Merchandise imports (current US$) — US$509 million (2025)
- Merchandise exports (current US$) — US$37 million (2025)
- Insurance and financial services (% of commercial service imports) — 13.5% (2025)
- Computer, communications and other services (% of commercial service imports) — 22.01% (2025)
- Commercial service imports (current US$) — US$209.19 million (2025)
- Transport services (% of commercial service imports) — 44.28% (2025)
- Travel services (% of commercial service imports)
Reading data like this
Questions people ask
- What is St. Vincent and the Grenadines's merchandise imports by the reporting economy (current US$)?
- US$456.04 million in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1977?
- It is up 1,421% from US$29.99 million in 1977 (6.1% a year on average, compounded). The highest value was US$456.04 million in 2023 and the lowest US$20.71 million in 1984.
- How does St. Vincent and the Grenadines rank?
- 192nd highest of 205 economies with data for 2023.
- Is the latest change in merchandise imports by the reporting economy (current US$) unusual for St. Vincent and the Grenadines?
Source
World Bank, World Development Indicators, indicator TM.VAL.MRCH.WL.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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