Saint Vincent and the Grenadines
On this page you will find beneficial information regarding foreign direct investment in / trading with Saint Vincent and the Grenadines. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Parliamentary Democracy
Population: 104,332 (2021)
GDP: 904.2 million USD (2021)
Corporate Tax Rate: 28%
Personal Income Tax Rate: 15%
Major Exports: Recreational Boats ($45.2M), Special Purpose Ships ($15.3M), Passenger and Cargo Ships ($11.6M), Wheat Flours ($9.07M), and Animal Food ($5.12M), exporting mostly to Netherlands ($54.7M), India ($10.9M), United States ($6.93M), Barbados ($5.95M), and Greece ($5.74M).
Major Imports: Special Purpose Ships ($93.5M), Refined Petroleum ($65.9M), Planes, Helicopters, and/or Spacecraft ($12.8M), Poultry Meat ($12.3M), and Packaged Medicaments ($11.5M), importing mostly from United States ($156M), Netherlands ($80.4M), Trinidad and Tobago ($54.2M), China ($45.1M), and France ($25.3M).
Investment Agency: Invest SVG
Website: https://investsvg.com/
National Chamber of Commerce: Chamber of Industry and Commerce St. Vincent & the Grenadines
Website: https://www.svg-cic.org/
Customs Agency: Customs and Excise Department
Website: http://asycudaw.svgcustoms.net/
