St. Vincent and the Grenadines's merchandise imports by the reporting economy, residual (% of total merchandise imports) was 0.000622% in 2023, the latest year in the World Bank's World Development Indicators. That is down 5.67 percentage points from 5.67% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 0.000622% | 2023 |
| Five years earlier | 0.06% | 2018 |
| Ten years earlier | 5.67% | 2013 |
| Highest | 7.26% | 2014 |
| Lowest | -0.000000000000214% | 1984 |
| Average since 2014 | 1.34% | 2014–2023 |
| First recorded | 0.1% | 1977 |
What the numbers say
In 2023, St. Vincent and the Grenadines' merchandise imports by the reporting economy, residual (% of total merchandise imports) fell 0.34 percentage points on 2022 (from 0.34% to 0.000622%).
Across the 30 yearly changes before that (1993 to 2022), the average change was −0.03 percentage points and a typical year strayed about 1.32 percentage points from that (the standard deviation). This year's change was 0.2 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 3.92 percentage points in 2012 and the biggest yearly fall was 4.57 percentage points in 2015. 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 downward, about 0.58 percentage points a year. A straight line explains 58% 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 93rd 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 | 0.000622% | 2023 |
| World | 0.03% | 2023 |
| Latin America & Caribbean | 0.08% | 2023 |
| Upper middle income | 0.04% | 2023 |
Closest to St. Vincent and the Grenadines in the 2023 ranking
What this measures
Merchandise imports by the reporting economy residuals 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, less the sum of imports by the reporting economy from high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise imports by the economy.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 47 values
| Year | Merchandise imports by the reporting economy, residual (% of total merchandise imports) |
|---|---|
| 2023 | 0.0006 |
| 2022 | 0.3434 |
| 2021 | 0.0003 |
| 2020 | 0 |
| 2019 | 0.0026 |
| 2018 | 0.0612 |
| 2017 | 0.8404 |
| 2016 | 2.15 |
| 2015 | 2.7 |
| 2014 | 7.26 |
Merchandise imports by the reporting economy, residual (% of total merchandise imports) in nearby economies
- Antigua and Barbuda — 0.00314% (2023)
- Argentina — 0.00158% (2023)
- Aruba — 0.14% (2023)
- Bahamas, The — 0.02% (2023)
- Barbados — 0% (2023)
- Belize — 0.000074% (2023)
- Bolivia — 0.04% (2023)
- Brazil
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, residual (% of total merchandise imports)?
- 0.000622% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1977?
- It is down 0.1 percentage points from 0.1% in 1977. The highest value was 7.26% in 2014 and the lowest -0.000000000000214% in 1984.
- How does St. Vincent and the Grenadines rank?
- 93rd highest of 205 economies with data for 2023.
Source
World Bank, World Development Indicators, indicator TM.VAL.MRCH.RS.ZS, 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.
Legal entity
Devansh Yadav
Moradabad, Uttar Pradesh
Governing law: Courts at Moradabad, Uttar Pradesh
Phone: +91 8433475698
Legal: legal@analyzeit.in